Bitcoin SV stands for “Satoshi Vision”. The cryptocurrency is resulting from the hard work performed by the Bitcoin Cash (BCH). In block number 556767 on November 15, 2018.
Development Of Bitcoin SV
Bitcoin SV was the result of the hard work performed on the Bitcoin cash. Likewise, at the same time, one more coin Bitcoin ABC (BCHABC) appeared under the patronages of Roger ver. Craig wright took responsibility for the development of Bitcoin SV. The first major issue if faced in the development of bitcoin SV is the scalability issue and for that, he increased the block size to 128 MB. Craig's weight also announced that he is Satoshi Nakamoto, and his cryptocurrency (digital currency) is a real bitcoin.
Bitcoin SV and Bitcoin Cash share lots of common features and with the technical perspective, Bitcoin SV is somehow similar to the Bitcoin cash with bigger block size. The increased block feature of the Bitcoin SV helps to increase the capacity and scale of the network. Craig wright did not support any latest updates regarding the network, and because of this only Bitcoin Sv is different from the other cryptocurrency in the crypto space.
Some Features Behind the success of Bitcoin SV
Transaction cost :
All the traders or crypto users are in favor of the currency which provides a low transaction cost. Likewise, BSV always aim to provide the affordable and fast transaction on a large scale which becomes the key to cryptocurrency success
As per the view provide by Satoshi Nakamoto. The existing blockchain required a lot of development work. Whilst, BSV has gone through more change as compare to its competitor, bitcoin ABC.
Read about the latest Bitcoin SV Cryptocurrency Price analysis, price index, and predictions 2020 and crypto updates like Bitcoin cash, Ethereum, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA.
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