Bitcoin SV (BSV) offers scalable, low-cost transactions and supports enterprise-level blockchain applications. More
| Fully Diluted Valuation | $517.60M |
|---|---|
| 24H Trading Volume | $22.92M |
| 24H Low / High | $25.46 / $ 26.16 |
| Circulating Supply | 19.91 M |
| Total Supply | 19.91 M |
| Max Supply | 21.00 M |
| Categories | Bitcoin Fork 2 more |
|---|---|
| Founder | Craig Wright |
| Website | bitcoinsv.com |
| Socials | |
| Explorer | Whatsonchain |
| Name | Pair | OG Score |
|---|
Bitcoin SV (BSV): Fulfilling the Original Bitcoin Vision
In the tumultuous landscape of cryptocurrency, where debates over scalability, transaction speed, and adherence to the original vision of Bitcoin abound, Bitcoin SV (BSV) emerges as a contender seeking to reclaim the essence of Satoshi Nakamoto's creation.
A Legacy of Forks
BSV traces its lineage back to the Bitcoin Cash (BCH) blockchain, which itself forked from the Bitcoin (BTC) network in 2018 amid what became known as the blocksize wars. The goal was to uphold the foundational principles outlined in Satoshi Nakamoto's white paper and early Bitcoin writings.
Restoring the Original Protocol
At its core, BSV aims to be more than just another digital asset. It envisions a peer-to-peer electronic cash system capable of handling enterprise-level blockchain applications while remaining true to the principles of scalability, stability, and low transaction fees.
Leadership in Innovation
Led by the blockchain technology company nChain, BSV has made significant strides in restoring the original Bitcoin protocol. By removing artificial block size limits and re-enabling Script commands, BSV empowers its network to process tens of thousands of transactions per second, rivaling traditional payment processing giants like VISA.
Unbounded Scaling
Central to BSV's uniqueness is its unbounded scaling capability. In 2021, the network mined the world's first gigabyte-level blocks, showcasing its potential to accommodate the demands of any application and payment network without resorting to second-layer solutions.
Champions of the Cause
Key figures within the BSV community, including Craig Wright and entrepreneur Calvin Ayre, have been instrumental in driving the project forward. Wright, who controversially claims to be Satoshi Nakamoto, has been a staunch advocate for BSV since its inception, while Ayre has played a pivotal role in promoting and investing in BSV-related ventures.
Navigating Challenges
Despite facing skepticism and challenges along the way, BSV remains steadfast in its mission to revolutionize the way we transact and interact with blockchain technology. With its commitment to scalability, stability, and adherence to the original Bitcoin vision, BSV continues to carve out its place in the ever-evolving cryptocurrency landscape.
Bitcoin SV distinguishes itself by adhering to the original Bitcoin protocol, boasting unbounded on-chain scaling capabilities and low transaction fees, aligning closely with Satoshi Nakamoto's vision.
Blockchain technology company nChain developed the BSV node software, with Craig Wright, who claims to be Satoshi Nakamoto, and entrepreneur Calvin Ayre playing pivotal roles in its development and advocacy.
Bitcoin SV has garnered support from various entities, including entrepreneur Calvin Ayre, who actively seeks investment opportunities, and the Switzerland-based non-profit organization Bitcoin Association, which supports BSV's global growth and adoption.
Bitcoin SV is secured by the proof-of-work consensus mechanism described in the Bitcoin white paper, where miners solve complex mathematical problems to validate transactions and add blocks to the blockchain, ensuring its integrity and security.
You can buy Bitcoin SV (BSV) on MEXC, Gate.io, Bitget, HTX, KuCoin cryptocurrency exchanges.
