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Bitcoin SV

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Bitcoin SV
Ticker symbolBSV
Precision10−8
CoinsUnspent outputs of transactions[lower-alpha 1]
Development
Implementation(s)BitcoinSV, Bitcoin Unlimited
Forked fromBitcoin Cash
Websitebitcoinsv.io
Ledger
First block after split (block #556766)15 November 2018 (11 months ago) (2018-11-15)
Timestamping schemeProof-of-work (partial hash inversion)
Hash functionSHA-256
Issuancedecentralized, block reward
Block reward12.5 BSV[lower-alpha 2]
Block time10 minutes
Block explorerwww.svblox.com
Supply limit21,000,000 BSV
  1. any multiples of satoshi
  2. from July 2016 to approximately June 2020, halved approximately every four years

Bitcoin SV (Bitcoin Satoshi Vision) is a cryptocurrency. The declared goal of the project is to realize alleged vision of the creator of bitcoin known as Satoshi Nakamoto[1] and by enabling 128 megabyte blocks.[2] Bitcoin SV is endorsed by Australian computer scientist Craig Wright, a public figure who claimed to be Satoshi Nakamoto, however, these claims are not reliable due to the lack of a proof of knowledge of the private keys controlling the first bitcoins.[3]

After Bitcoin Cash block height #556766, the miners had to decide which fork, out of the two, would be supported by their SHA-256 hash power. The de facto Bitcoin Cash chain is currently Bitcoin-Adjustable Blocksize Cap, known as Bitcoin-ABC, due to having the most hash power out of the two forks.[4][unreliable source?]

Calvin Ayre, who's company Coingeek had the most hash rate invested in Bitcoin SV during the hash war, confirmed that Bitcoin SV will not fight for the ticker anymore and will henceforth continue under the new ticker BSV.[5]

On 7th December Bitcoin SV (BSV) had overtaken Bitcoin Cash (BCH) in market capitalization — $1.94 billion to $1.78 billion[6] but has since fallen behind BCH again.

April 2019, after a conflict between Craig Wright and some member of Bitcoin community, several major Cryptocurrency Exchanges decided delisting Bitcoin SV.[7]

See also[edit | edit source]

References[edit | edit source]

  1. Kharif, Olga (14 November 2018). "Satoshi vs. Bitcoin Jesus: Bitcoin Cash Battle Turns Personal". Bloomberg. Retrieved 17 December 2018.
  2. O'Brien, Ciara (24 November 2018). "This week we're talking about . . . Bitcoin. Again". Irish Times. Retrieved 17 December 2018.
  3. Hankin, Aaron (15 November 2018). "What you need to know about the Bitcoin Cash 'hard fork'". Market Watch. Retrieved 17 December 2018.
  4. Faife, Corin (11 November 2018). "The Bitcoin Cash Hash War By The Numbers".
  5. Kharif, Olga (23 November 2018). "Bitcoin Cash Wars End With No Relief for Biggest Cryptocurrency". Retrieved 7 December 2018.
  6. Meyer, David (7 December 2018). "Bitcoin Is Tumbling Yet Again: Most Other Cryptocurrencies Are Following—But Not All". Retrieved 12 December 2018.
  7. https://coinfomania.com/list-of-crypto-exchanges-that-delisted-bitcoinsv/

External links[edit | edit source]


This article "Bitcoin SV" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Bitcoin SV. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.


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