What is Bitcoin SV? Everything you need to know about BVS
Bitcoin SV is a peer-to-peer cryptocurrency that can be sent from one place to another without the need for an intermediary. The special thing is that this currency still retains the original value of Bitcoin, unlike Bitcoin Cash (BCH).
If you are interested in learning more about Bitcoin SV, why not take some time to follow the following content from AZCoin?
Bitcoin SV or Bitcoin Satoshi Vision has the symbol BSV, which is a peer-to-peer electronic currency that can be transferred from one place to another without the need for an intermediary. The notable thing about Bitcoin SV is that this currency still retains the original value of Bitcoin unlike Bitcoin Cash (BCH), according to the project representative.
Let’s briefly talk about the history of the formation of Bitcoin SV. According to research, this currency was born on November 15, 2018, after Bitcoin Cash’s (BCH) blockchain split. From here two new electronic currencies, our Bitcoin Cash ABC and Bitcoin Cash SV.
From what we have learned, it can be said that Bitcoin SV has great ambition as it aims to upgrade the original values and technology of the original Bitcoin.
The points that make Bitcoin SV stand out that we can mention here are:
Besides, if you have time, we would like to suggest you check out other interesting content such as BEAM Coin, Flare Coin, Wormhole,…
If you wonder how many differences there are between Bitcoin SV and Bitcoin Cash? Below is a quick comparison table for you to follow more easily:
Comparison criteria | Bitcoin SV | Bitcoin Cash |
Launch Date | November 15, 2018 | August 1, 2017 |
Supported by | Craig Wright & Calvin Ayre | Roger Ver & Jihan Wu |
Native Token | BSV | BCH |
Max Supply | 21 million | 21 million |
Consensus | Proof of Work | Proof of Work |
Algorithm | SHA-256 | SHA-256 |
Block Size | 128 MB | 32 MB |
Block times | 10 minute | 10 minute |
Avg. TPS | 250 | 61 |
From the comparison table, you can find the block size of Bitcoin SV is much larger than that of Bitcoin Cash, which we also mentioned before. That is also why Bitcoin SV has a much faster transaction processing speed.
BSV is currently used for the following purposes:
If you want to own BSV, there are currently two ways for you to own this cryptocurrency:
If you need to store BSV in the safest way, we can suggest some names such as Metamask, Sollet, Binance Smart Chain, Ethereum, Coinbase Trust Wallet,…
Finally, we have come to the end of the most comprehensive and easy-to-understand content about Bitcoin SV along with a lot of other useful information. If you have any other questions, don’t hesitate to contact AZCoin.
Tôi là Tony Vu, sinh sống tại bang Califonia, Hoa Kỳ. Tôi hiện đang là đồng sáng lập công ty AZCoin, với kinh nghiệm nhiều năm trên thị trường tiền điện tử, tôi hy vọng sẽ mang lại cho bạn những thông tin kiến thức hữu ích về đầu tư tiền ảo.
Email: vusinh@azcoin.com
This post was last modified on 3 Tháng Bảy 2024 04:02
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