Going against Bitcoin is a tough pill to swallow for investors in one of the oldest altcoins.
Bitcoin SV News
Bitcoin Satoshi’s Vision (BSV) is the result of a November 2018 hard fork of the Bitcoin Cash blockchain, which itself is a hard fork of the original Bitcoin chain that took place in August 2017. This network claims to represent the purest form of Satoshi Nakamoto’s original vision of the Bitcoin protocol.
Bitcoin SV’s monetary policy is identical to Bitcoin Cash (BCH) and Bitcoin (BTC), with the same block times, block rewards and supply cap, but it differs from both in notable ways. Like Bitcoin Cash, Bitcoin SV’s scalability solutions center on increasing the block size, which allows more transaction throughput while sacrificing accessibility to the mining economy through an even heavier computational load. The Bitcoin SV fork from Bitcoin Cash was the result of a debate within the Bitcoin Cash community on a set of improvement proposals to make transactions and on-chain operations more efficient.
Bitcoin SV’s development is led by nChain, a blockchain R&D company headed by Craig Wright, who notoriously claims to be Bitcoin inventor Satoshi Nakamoto.
Bitcoin forks, BCH, BSV and XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies.2529
Despite the inordinate amount of resources needed to engineer them, small-cap cryptocurrencies are still susceptible to a 51% attacks.9979
Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms.12050
Jimmy Nguyen, president of BSV Association, hopes that Meta will take an approach that doesn’t store data within their own servers.4139
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.4633
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin.7554
Bitcoin SV has been under the hammer of rogue actors in a series of attempted 51% attacks against the network. Where next for BSV?11524
“After an attempted attack yesterday, some serious hashing power was unleashed today at 11:46 am and attackers are succeeding,” said Lucas Nuzzi of Coin Metrics, referring to the Bitcoin SV chain.43263
The owner of the crypto exchange Bitmart has asked a New York judge to intervene to prevent hackers from selling fraudulent coins on the open market.3698
Apart from removing the white paper, Cøbra has removed access to Bitcoin software for site visitors from the United Kingdom.10699
Nassim Taleb and Nouriel Roubini criticized tokens in general during a BSV conference panel.6962
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC.34596
The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike.9275
OKCoin cites actions antithetical to Bitcoin's open ethos as the reason for delisting BCH and BSV16902