Bitcoin’s success relies on it being used, not HODL’d
The value of BSV will only grow if holders actually use them to transact—be it sending, receiving, or paying for goods and services—instead of just HODL'ing.
The value of BSV will only grow if holders actually use them to transact—be it sending, receiving, or paying for goods and services—instead of just HODL'ing.
BSV continued its impressive Q4 growth as daily transactions reached 843,000 over the weekend—more than twice the number of transactions on the BTC network and eclipsed ETH's 573,000 transactions.
According to BitInfoCharts data, the BSV network added over 660,000 transactions to the BSV ledger versus 622,000 for ETH and 326,000 for BTC during the last 24-hour period.
Thanks in part to the Quasar protocol upgrade, Bitcoin SV surpassed the BTC token in the number of daily transactions in November.
As businesses continue experimenting with going cashless, BSV offers enterprises the best performing blockchain with fast transactions, low fees, and a secure ecosystem.
Given that the Bitcoin SV (BSV) blockchain is more than just a repository for cryptocurrency transactions, it is gaining a lot of awareness for its endless possibilities as a store of data.
Secretary of State Mike Pompeo wants to see crypto transactions regulated just like other digital financial transactions.
The cryptocurrency exchange reportedly sent – and then received - 18,899 Bitcoin Core (BTC), worth around $153 million, to an unknown wallet with four different addresses this week.
The Bitcoin ecosystem is still evolving, though, and a recent update announced by Coinbase is expected to help facilitate further adoption more rapidly.
Over the course of the past month, more than 50% of all Bitcoin Cash (BCHABC) transactions were conducted by a single address.
A simple tool is available on the London Bitcoin SV meetup site that allows everyone to see exactly what transaction speeds exist
In proving that Satoshi was correct, the BSV blockchain has routinely proven that large blocks were possible.