About Bitcoin SV (BSV)
Bitcoin SV (BSV) is a fork of Bitcoin Cash, which is itself a fork of the original Bitcoin blockchain. Designed to provide scalability and faster transaction throughput, Bitcoin SV was launched primarily in response to Bitcoin community disagreements over the most efficient way to expand the capacity of the Bitcoin network.
The launch of Bitcoin Cash — from which Bitcoin SV originates — occurred when it forked from the Bitcoin blockchain in order to expand Bitcoin block sizes to 32 MB. Bitcoin SV, however, expanded the block size limit of Bitcoin Cash to 2 GB in order to create a scalability solution aligned with an interpretation of Bitcoin’s original vision for its network.
Bitcoin SV is backed by cryptocurrency proponent Craig Wright and a team of developers and blockchain entrepreneurs that include Daniel Connolly and Steve Shadders.
Bitcoin SV is currently used in a number of applications that include WeatherSV, a blockchain-powered weather data aggregation system, and Twetch, a blockchain-based social network platform. BSV price is updated and available in real time on Binance.