Leading crypto wallet Blockchain.com has become the latest service to onboard support for Bitcoin SV, as the currency continues to gain traction as the closest reflection of Satoshi’s original vision.
According to a post on the firm’s website, the decision to onboard Bitcoin SV support comes after the firm monitored the progress of SV since the November hard fork, providing Blockchain.com users with access to Bitcoin SV transactions for the first time.
While initial support is better than nothing, Blockchain.com is yet to roll out comprehensive support for Bitcoin SV. According to the Blockchain.com team, “We have been tracking Bitcoin SV chain closely and will now offer limited, close out transaction support for Bitcoin SV (BSV). You will be able to view your balance, exchange BSV for BTC, BCH, ETH, and XLM through Swap, and send BSV to any address.”
To access BSV services and tokens, log into the Blockchain.com wallet through any web browser, select Wallets and Addresses under the Settings option. On mobile, simply log into the Blockchain app and click “Log in to Web Wallet’ in the side navigation.
While there was no date set on plans for further integration, Blockchain.com said it would keep customers updates of any further changes to functionality.
The news comes as the latest endorsement of Bitcoin SV from a major cryptocurrency service, in response to growing demand from both consumers and merchants for access to the full range of payment services on Bitcoin SV through their crypto wallets.
Offering lower fees, faster transaction times and capacity for transactions at scale, Bitcoin SV is fast becoming the preferred option for payments, including cross-border and B2B payments.
According to Bitcoin SV, the raison d’etre of the cryptocurrency makes it the ideal choice for both consumers and businesses.
“Bitcoin SV is the original Bitcoin. It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System.”
“Reflecting its mission to fulfil the vision of Bitcoin, the project name represents the “Satoshi Vision” or SV…Bitcoin SV is intended to provide a clear choice for miners and allow businesses to build applications and websites on it reliably.”
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.