Bitcoin SV (BSV) is a crypto that emerged after a controversial hard fork from the Bitcoin Cash (BCH) blockchain on 15 November 2018.
The name ‘SV’ stands for ‘Satoshi Vision’, as BSV aims to restore and preserve the original vision defined by Bitcoin’s creator, Satoshi Nakamoto.
To understand Bitcoin SV, it is important to understand its history. Bitcoin itself was born in 2008, when Nakamoto published a white paper entitled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’.
This paper outlined the vision of a decentralised digital currency that would empower individuals by enabling direct transactions without the need for intermediaries.
However, as bitcoin grew in popularity, disagreements arose within the community about its direction.
These disagreements largely revolved around the issue of scalability. Some argued the need to increase block sizes to allow more transactions per second, while others argued the need to keep blocks smaller to preserve the decentra
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