Bitcoin SV (BSV)
BSV, or Bitcoin SV, is a cryptocurrency token that emerged as a result of a hard fork from the original Bitcoin Cash blockchain in November 2018. BSV stands for "Satoshi Vision" and aims to restore what its supporters believe to be the original vision of Bitcoin as outlined in Satoshi Nakamoto's whitepaper.
The founder of Bitcoin SV is Craig Wright, an Australian computer scientist and entrepreneur. Wright has claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, although this claim is widely disputed within the cryptocurrency community.
Bitcoin SV emphasizes a larger block size limit and aims to scale the blockchain to handle significant transaction volumes. It has an increased block size of 128MB compared to Bitcoin Cash's 8MB. The proponents of Bitcoin SV believe that larger block sizes can enable more transactions and foster greater adoption.
Since its creation, Bitcoin SV has witnessed developments and updates. It introduced features such as a revised scripting language, a focus on enterprise use cases, and improvements to its network infrastructure.
Bitcoin SV has garnered support from some individuals and businesses within the cryptocurrency space, who believe in its potential as a scalable and stable blockchain platform. It has also faced criticism and controversy, with differing opinions on its technical approach, leadership, and the validity of Craig Wright's claims.
In summary, BSV (Bitcoin SV) is a cryptocurrency token that emerged from a hard fork of the Bitcoin Cash blockchain. It was founded by Craig Wright, who has claimed to be Satoshi Nakamoto. Bitcoin SV aims to restore the original vision of Bitcoin with a larger block size and scalability improvements. It has experienced developments and has gained both support and controversy within the cryptocurrency community.