Bitcoin SV (BSV)

Bitcoin SV (BSV) is a cryptocurrency created in November 2018 as a fork from Bitcoin Cash. The name stands for Satoshi Vision, reflecting the project's goal to adhere to the original ideas of Bitcoin's creator, Satoshi Nakamoto. BSV functions as digital money that can be sent over the internet without a bank. Its core technology focuses on maintaining very large blocks to process a high volume of payments cheaply and quickly. The network operates on a decentralized blockchain, which acts as a shared digital notebook stored across thousands of computers. This ledger records transactions permanently, allowing anyone to read or add entries while preventing unauthorized changes. By keeping block sizes large, the protocol aims to minimize fees even during periods of high usage. With a maximum supply cap of 21,000,000 coins, BSV represents a niche asset within the broader digital currency landscape, distinct from larger networks like Bitcoin and Ethereum.

Key Characteristics

• Origin: Forked from Bitcoin Cash in November 2018.
• Technology: Utilizes large block sizes to ensure scalability and low transaction fees.
• Supply Cap: 21,000,000 coins.
• Philosophy: Aims to preserve the original vision of Bitcoin's founder.