Bitcoin SV (BSV)
- Official Website: bitcoinsv.com
- Definition: Bitcoin SV is a fork of Bitcoin Cash, aiming to restore the original Bitcoin protocol and scale massively.
- Category: Blockchain, Layer 1 chain, Cryptocurrency.
- What It Is: A blockchain focused on scalability and enterprise use cases.
- Function: Enables fast, low-cost transactions and smart contracts.
- Analogy: Think of Bitcoin SV as a high-capacity highway. It’s designed for large-scale transactions and data processing.
- Pros: Scalable, low fees, strong focus on enterprise use.
- Cons: Controversial fork, competition from other Bitcoin forks.
- Controversies: Legal battles, criticism of centralization.
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This page was last updated on January 28, 2025.
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