BTC has experienced multiple forks, resulting in the emergence of different blockchain chains, and BTC, BCH, and BSV are all produced by these forks. Below, Ahan will explore the main differences between them:#BTC #BCH #BSV $BTC $BCH

BTC：

The BTC blockchain is the original blockchain that created BTC. Its first block is called the Genesis Block, which was created on January 3, 2009.

Initially, the new coin reward for each block is 50 BTC, but after more than 210,000 blocks are generated, the system reward will be halved. Currently, a block is generated every ten minutes, and the total supply is limited to 21 million BTC.

Based on the current generation rate, BTC is estimated to have almost all BTC issued by around 2140.

BCH：

BCH hard forked at block height#478558on August 1, 2017.

The fork was mainly initiated by Bitmain and other blockchain participants and individuals, who believed that the original BTC block size (1MB) was not enough to support diverse commercial applications. Therefore, they wanted to increase the capacity of each block, initially planning to increase it to 2MB within six months, and later adjusted it to 32MB in May 2018.

A few months after the fork, BCH experienced another fork, splitting into BCC and BCH. After that, the new chain BCH remained dominant until mid-2019, when the original chain BCC revived due to the investment of a large number of blockchain participants.

BSV：

BSV hard forked at block height#491407on October 24, 2017. This fork was forked from the BCH blockchain, forming two different blockchains, BCH and BSV.

The main reason for the fork was the debate over the adoption of different blockchain rules, and some people wanted to return to the original BTC rules. As a result, BCH maintained the design of BCH, while BSV returned to the original BTC design. The initiators of the fork hoped to alleviate the problem of becoming too specialized and the monopoly of hardware and ASICs through this change. They hope to return to the GPU method of the native BTC.

After the fork, the BSV development team immediately released 100,000 BSV, 95% of which were used to develop and support the BSV blockchain. Although BSV follows many of the principles of BTC, it uses a slightly different proof-of-work algorithm. However, in 2018, BSV users dominated more than 50% of the computing power, causing double spending problems and resulting in huge losses.

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