Bitcoin SV (BSV) Price

Name: Bitcoin SV
Brand: Cryptocurrency
SKU: BSV
Price: 62.19 USD
Availability: InStock
Rating: 4,7 (7 reviews)

BSV

Bitcoin SV

4,7

★

$62.19

-1.53%

Today's Current Price in US Dollar

Market cap

1,225,618,581.0

Total volume

19,690,944

Circulating supply

19,698,943

Total supply

21,000,000

Buy / Long

Sell / Short

Bitcoin SV (BSV) was created from a division in the Bitcoin Cash (BCH) network in 2018, which itself had separated from the original Bitcoin (BTC) network the year before. The mission behind Bitcoin SV is to realize the initial blueprint of the Bitcoin network and its architecture, as laid out in Satoshi Nakamoto's foundational paper, alongside the first Bitcoin client software and documented correspondences from Satoshi. BSV's objective is to provide a network that ensures scalability and reliability, reflecting Bitcoin's initial concept as a decentralized electronic cash system, and to build a global data network catering to sophisticated blockchain functions on an enterprise scale.
To achieve this, it has eliminated imposed limits on block size and reactivated Script commands and various functionalities that were previously deactivated or constrained by those managing the BTC blockchain. This adaptation enables the handling of thousands of transactions each second while keeping the costs for microtransactions significantly low. It also introduces enhanced features such as tokens, smart contracts, computational functions, and various other data services. Uniquely, the BSV network champions limitless on-chain scaling, showing a commitment to staying true to Bitcoin's original framework more closely than any other existing blockchain technology.