What is Bitcoin SV (BSV)?
Interesting facts about Bitcoin SV (BSV):
1. Where It Came From: Bitcoin SV, short for Satoshi Vision, came into existence in 2018 as a result of a split from Bitcoin Cash.
2. The Brains Behind It: It was created by nChain, a company led by Craig Wright, who claims to be Satoshi Nakamoto, the mysterious founder of Bitcoin.
3. Bigger Blocks: Bitcoin SV aims to handle more transactions by supporting larger block sizes compared to Bitcoin and Bitcoin Cash.
4. Genesis Moment: In 2020, Bitcoin SV underwent a significant upgrade, known as the Genesis hard fork, to align more closely with the original Bitcoin protocol.
5. Scaling Up: Scalability is a big deal for Bitcoin SV, focusing on solutions to handle a large volume of transactions while keeping fees low.
6. Beyond Transactions: Bitcoin SV isn't just about transactions; it supports data storage and smart contracts on its blockchain.
7. Legal Drama: Craig Wright's claim to be Satoshi Nakamoto has stirred legal controversies, influencing opinions about Bitcoin SV.
8. Mining and Nodes: Like other cryptocurrencies, Bitcoin SV relies on miners solving complex problems and nodes validating transactions to keep the network secure.
9. Getting Involved: Bitcoin SV has ventured into partnerships in different industries, exploring blockchain applications in supply chain, healthcare, and gaming.
10. Riding the Rollercoaster: Bitcoin SV's value can be quite unpredictable, affected by market demand, technological changes, and regulatory shifts in the cryptocurrency world.
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