What is Bitcoin SV (BSV)? It’s the original Bitcoin, the only cryptocurrency that follows the original Satoshi Vision for Bitcoin.
Emerging from the November 15, 2018 contentious hard fork of Bitcoin Cash, BSV is dedicated to preserve Bitcoin’s original design. It is named for the “Satoshi Vision” of Bitcoin’s creator Satoshi Nakamoto, and is focused on restoring the original Bitcoin protocol, keeping it stable, and allowing it to massively scale. BSV’s roadmap will achieve the world’s new money used by billions of people, and the global public blockchain with professionalized engineering upon major enterprises can confidently build.
Unlike other blockchain projects, BSV continues to push the boundaries of massive on-chain scaling. In November 2018, a Professional Stress Test resulted in then-record size blocks mined using Bitcoin SV (at the time, an implementation of the Bitcoin Cash protocol). The test produced a 64MB block mined by CoinGeek Mining and a 38MB block was also mined by SVPool, a personal initiative of nChain Chief Scientist Dr. Craig S. Wright. On Christmas day, Mempool mined a 65MB block. This was followed by another milestone on the 10th anniversary of the Bitcoin genesis block, when Bitcoin SV continued to demonstrate its boundary-pushing potential by making a big leap to a 103MB block.
Recently, the bComm Association unveiled an updated BSV logo, chosen based on public voting via Twitter polls. The new design, featuring a cleaner B symbol and “Bitcoin SV” characters that are standing upright and with Bitcoin capitalized, demonstrates a more grown up representation of the currency. Founding President of the bComm Association Jimmy Nguyen explains, “The new BSV logo represents this pivotal moment for Bitcoin to grow up. In the spirit of Satoshi Vision, we are especially thrilled that BSV supporters around the world chose this logo after multiple rounds of online polling in a new paradigm of decentralized marketing.”
To learn more about Bitcoin SV, visit BitcoinSV.io.
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.