Bitcoin SV (BSV) is currently priced at $24.41**, with a **24-hour trading volume of $118.98 million. Over the past day, BSV has shown 0.00% price movement. The circulating supply stands at 19.89 million BSV, with a maximum cap of 21 million BSV.
What Is Bitcoin SV?
Bitcoin SV is a full-node implementation and a fork of Bitcoin Cash (BCH). Its mission is to restore the original Bitcoin protocol as envisioned by Satoshi Nakamoto in Bitcoin’s earliest version (0.1). The "SV" in its name stands for "Satoshi Vision", reflecting its commitment to stability, scalability, and adherence to Nakamoto’s initial design.
Key features of Bitcoin SV:
- Electronic cash system: Functions as peer-to-peer digital cash.
- Enterprise scalability: Supports large-scale blockchain applications.
- Unrestricted block size: Enables high throughput for big data.
History of Bitcoin SV
Bitcoin SV emerged from a November 2018 hard fork of Bitcoin Cash. The split occurred due to disagreements over:
- Canonical transaction ordering (optimizing data efficiency).
- Script enhancements (enabling oracle data integration).
Unlike Bitcoin Cash, BSV sought to:
- Restore original Bitcoin opcodes.
- Increase block sizes to 128 MB (later expanded to 512 MB).
- Prioritize on-chain scaling over layer-2 solutions.
Controversially, BSV is associated with Craig Wright, who claims to be Satoshi Nakamoto—a claim widely disputed.
How Bitcoin SV Works
Consensus Mechanism
BSV uses proof-of-work (PoW), like Bitcoin, but with no block size limits. This allows:
- High throughput: Processes 50,000+ transactions per second.
- Massive data storage: Supports enterprise-level applications (e.g., a 2 GB block was mined in 2021).
Key Innovations
- Instant transactions: 99% probability of inclusion in the next block.
- Low double-spend risk: Immutable cryptographic proof mitigates fraud.
Use Cases for BSV
Beyond payments, BSV powers:
- Gaming: Platforms like CryptoFights (Kronoverse) and BitBoss casino.
- Social media: Twitch’s BSV-based app.
- Payment solutions: Money Button and Handcash integrations.
FAQs About Bitcoin SV
Q: How does BSV differ from Bitcoin (BTC)?
A: BSV focuses on unrestricted scaling and adheres to Bitcoin’s original design, whereas BTC prioritizes decentralization via smaller blocks.
Q: Is BSV a good investment?
A: Like all cryptocurrencies, BSV carries volatility risks. Its value hinges on adoption for enterprise use cases.
Q: Where can I buy BSV?
A: BSV is listed on major exchanges like 👉 Crypto.com and Binance.
Q: What’s the max supply of BSV?
A: Capped at 21 million, mirroring Bitcoin’s scarcity model.
Bitcoin SV positions itself as a scalable blockchain for global enterprises, leveraging its large-block architecture and Satoshi-aligned protocol. While debates persist over its leadership and adoption, BSV remains a notable player in the cryptocurrency ecosystem.
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