Craig Wright is building a scaling solution for Bitcoin.

Australian computer scientist Craig Wright, who claims to be the inventor of Bitcoin, has announced that he has developed a processing solution to turn the flagship digital asset into a global borderless monetary system.

In a post on X on November 3rd, Wright shared his long-term vision for top crypto. Instead of being a quick way to wealth, he envisions a future where Bitcoin will be a practical tool for global transactions.

Wright presents a vision and scale solution for Bitcoin

Wright revealed that he and his team have been working on this BTC scalding solution, called TerraNode, for the past 15 years. It plans to be fully publicized within the next decade.

According to Wright, TerraNode is built to scale indefinitely, eliminating limitations on transaction capacity. He described it as a network that accommodates massive growth without slowing down or increasing fees, making it accessible and affordable to consumers worldwide.

Read more: What is Bitcoin? The ultimate guide to Cryptocurrency

Wright explained that Theranode allows Bitcoin to be used as a functional trading method rather than a speculative asset. Therefore, by removing barriers such as high fees and complex regulations, Wright believes that TerraNode will make Bitcoin a more accessible payment method globally.

“This will allow people in any country to start using bitcoin as a practical and practical way of doing business. Not as a resource, but as a tool to connect them to the global economy – no borders, no barriers, no fees,” Wright said.

Indeed, the controversial scientist's vision extends to making Bitcoin a tool for economic inclusion. Leveling the playing field for people excluded from traditional banking, it wants people in underserved regions to use bitcoin for business. Therefore, it aims to create a system that allows individuals to participate in the global economy without needing approval from any government or institution.

Moreover, Wright's mission focuses on empowering people, especially those without access to the formal financial system, to manage and trade their money in real time. The goal is to build a Bitcoin network that supports personal financial freedom.

“My mission is to build a tool for the world, to build a system that empowers the individual and allows people to control their money and trade when they want. That's the ultimate vision. If that's what led to Bitcoin, that's what I'm working to create,” concluded Wright.

Read more: Who is Satoshi Nakamoto?

Meanwhile, Wright's latest comments come as he leads a new lawsuit against the top crypto asset. Last month, he filed a £911 billion claim against Bitcoin Core and Square, the main cryptocurrency's creator Satoshi Nakamoto, claiming that BTC represents an authentic version of the digital asset.