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BSV

Bitcoin SV
Latest price:
USD 48.23
as of 2024-10-15 15:50:02 UTC

What


What is Bitcoin SV (BSV)?

BSV (Bitcoin SV) is a cryptocurrency that is derived from the Bitcoin Cash (BCH) blockchain. The name "Bitcoin SV" stands for "Bitcoin Satoshi's Vision," and it is intended to reflect the original vision of Bitcoin's creator, Satoshi Nakamoto. Bitcoin SV was created in November 2018 as a result of a hard fork in the Bitcoin Cash blockchain, and its main goal is to return Bitcoin to its original design as a decentralized digital currency. BSV supporters believe that the blockchain should be used primarily as a means of payment, rather than as a platform for smart contracts or other more complex applications.




Why


Why was Bitcoin SV (BSV) invented?

BSV (Bitcoin SV) was created in November 2018 as a result of a hard fork in the Bitcoin Cash (BCH) blockchain. The fork was the result of a disagreement among members of the BCH community about the future direction of the project. One group, led by Craig Wright, proposed increasing the block size limit and restoring certain features that were present in the original Bitcoin codebase but had been removed from BCH. This group advocated for returning Bitcoin to its original design as a decentralized digital currency, with the main goal of being used primarily as a means of payment, rather than as a platform for smart contracts or other more complex applications. This group called the new chain Bitcoin SV (Satoshi's Vision).




Who


Who created Bitcoin SV (BSV)?

Bitcoin SV (BSV) is a cryptocurrency that emerged as a result of a hard fork from Bitcoin Cash (BCH) in November 2018. It was created by Craig Wright and Calvin Ayre.

Craig Wright is a computer scientist and entrepreneur who has claimed to be the creator of Bitcoin, using the pseudonym Satoshi Nakamoto. However, his claims have been widely disputed and remain unproven.

Calvin Ayre is a Canadian entrepreneur and founder of the Ayre Group, a conglomerate of companies in various industries including online gaming and cryptocurrency.

Together, Wright and Ayre launched Bitcoin SV with the goal of restoring the original vision of Bitcoin as a peer-to-peer electronic cash system with larger block sizes, as they believed that Bitcoin Cash had deviated from this vision.




When


When was Bitcoin SV (BSV) launched?

2018-11




Where


Where can you buy/invest in Bitcoin SV (BSV)?





BSV Price History Chart

Bitcoin SV price history chart