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About Bitcoin SV
Bitcoin SV (BSV)
Bitcoin SV (BSV) is a cryptocurrency that emerged from a hard fork of the Bitcoin Cash (BCH) blockchain in November 2018. It seeks to restore and fulfill the original vision laid out by Satoshi Nakamoto in the Bitcoin white paper, emphasizing its role as a peer-to-peer electronic cash system.
Core Principles
BSV is designed to provide scalability and stability, allowing for the processing of a vast number of transactions per second while maintaining exceptionally low fees. This capability positions BSV as a suitable platform for both everyday transactions and enterprise-level applications. By removing artificial block size limits and re-enabling essential features like Script commands, BSV can support a wide range of use cases, including smart contracts, tokens, and advanced data applications.
Technical Innovations
The Genesis Upgrade in February 2020 marked a significant milestone for BSV, as it restored the original Bitcoin protocol as closely as possible to Satoshi's initial design. This upgrade ensured unbounded on-chain scaling and simplified the process for developers to create applications directly on the blockchain.
Record-Breaking Performance
Since its inception, Bitcoin SV has consistently set numerous world records, including processing millions of transactions daily, achieving the largest blocks exceeding 4GB, and hosting the largest NFT at 1GB. Additionally, BSV boasts the lowest environmental impact among proof-of-work (PoW) blockchains, highlighting its commitment to sustainability.
Vision for the Future
BSV aims to create a regulation-friendly environment that fosters stability and encourages innovation. By unifying the Bitcoin SV brand under the BSV blockchain umbrella, the project aspires to present a clear and cohesive identity, further solidifying its position as the true representation of the original Bitcoin vision.