Since its establishment in late 2018, Bitcoin SV (BSV) has been committed to becoming the global leader of blockchain technology. BSV is the only blockchain that follows the original vision of Bitcoin’s creator, Satoshi Nakamoto.
Bitcoin SV is a full node implementation of the Bitcoin protocol. This means that BSV nodes store the entire Bitcoin blockchain and validate all transactions. BSV nodes also serve as a backbone for the Bitcoin network, providing security and stability.
Bistoin SV is a hard fork of Bitcoin Cash (BCH) and aims to provide a more scalable and sustainable version of Bitcoin. BCH was created in August 2017 as a hard fork of Bitcoin (BTC), with the goal of increasing its scalability. Like BTC, BCH is a decentralized digital currency that can be used to purchase goods and services online.
BSV is also the only blockchain that allows miners to produce blocks larger than 1 MB. This allows for greater scalability and faster transaction times. BSV is committed to keeping Bitcoin’s original protocol intact while also improving on its features.
BSV has a strong development team and a passionate community. The BSV blockchain is growing rapidly, with new businesses and applications being built on it every day. If you’re looking for the future of blockchain technology, Bitcoin SV is the answer.
History Leading Up to Bitcoin SV
The history of Bitcoin SV can be traced back to the fall of 2017. That’s when a group of developers split off from the original Bitcoin (BTC) blockchain and created their own version, called Bitcoin Cash (BCH).
Bitcoin Cash was created in response to concerns that BTC was becoming too centralized. BCH aimed to improve on BTC by allowing for larger blocks, faster transactions, and more scalability.
However, the BCH blockchain soon became just as centralized as BTC. This led to a split in the community, with some people advocating for larger blocks and others pushing for smaller blocks.
Bitcoin SV Ideology
The Bitcoin SV blockchain is based on the original vision of Bitcoin’s creator, Satoshi Nakamoto. This means that BSV follows the original protocol of Bitcoin and does not allow for any modifications.