Bright Ideas: Bitcoin SV (BSV)

Bitcoin Satoshi Vision or Bitcoin SV, is a fork of Bitcoin Cash that attempts to fulfill the original vision of Satoshi Nakamoto.

Price:

$44.76

Mkt Cap:

$861,610,708

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Project Fundamentals
  • Satoshi Nakamoto stated the bitcoin blockchain in 2009 and overtime many developers have wanted to change the underlying protocol.
  • Bitcoin SV is a fork of Bitcoin that arose from developer disagreement on the original vision of Satoshi.
  • BSV argues that when Satoshi released bitcoin, it actually worked perfectly and did not require many of the changes.
Partnerships / Implementation
  • BSV has the ability to operate smart contracts and has far more use cases than the traditional Bitcoin.
  • BSV has been to reach almost 10 million transactions through a larger block size, allowing for more transactions to happen on the blockchain while also reducing transaction fees.
  • In July 2022, the BSV Blockchain Association partnered with time chain labs to host the first-ever Enterprise Utility Blockchain Summit India.
Roadmap and Announcements
  • Moving forward, BSV will focus on spreading awareness on the strength and story of BSV as the original Bitcoin.
  • In May 2022 BSV launched the Bitcoin SV Transpiler which you to transcribe any Ethereum smart contract to sCrypt – making BSV much more accessible.
  • In September 2022, music streaming platform Soundoshi launched on BSV.
  • In September 2022, Global crypto exchange Switchere to list BSV.
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