Bitcoin SV (BSV) is a cryptocurrency resulting from a hard fork of the Bitcoin Cash (BCH) blockchain in 2018. It seeks to adhere to the original principles laid out in Satoshi Nakamoto's white paper and the initial Bitcoin client software. BSV aims to provide scalability and stability consistent with the original concept of Bitcoin as a peer-to-peer electronic cash system, while also supporting robust blockchain applications for enterprises through a distributed data network.
One of the key features of BSV is its removal of artificial block size limits, allowing for unbounded block sizes. This enables the network to scale according to market demands without relying on second-layer solutions. By reintroducing Script commands and other technical capabilities previously restricted by BTC protocol developers, BSV enhances its utility for advanced blockchain applications.
The BSV network offers high throughput, capable of processing a high number of transactions per second. BSV maintains low transaction fees, making it suitable for micropayments and other cost-sensitive transactions. Additionally, BSV supports advanced functionalities such as tokenization, smart contracts, computational capabilities, and various data use cases.
Bitcoin SV offers unbounded on-chain scaling while adhering to the original Bitcoin design principles, making it suitable for both traditional transactions and advanced blockchain applications.
