loader image
WhatsApp Support
Bitcoin SV (BSV)
0.58%
$ 19.95
$ 0.11571
⇣ 19.59
15 Jan
⇡ 20.37
What is Bitcoin SV (BSV)?

Bitcoin Cash emerged in late 2018 with the goal of reducing transaction fees and forking the Bitcoin Cash blockchain. Its protocol token is BSV. The coin's name, Bitcoin Satoshi Vision (BSV), is believed to come from its alignment with Satoshi Nakamoto's vision for affordable fees. This cryptocurrency came into the spotlight due to internal conflicts within Bitcoin Cash and disagreements over proposed technical updates to the protocol.
The main objectives of the protocol include a high-level security system, lower merchant costs, and providing a good user experience. Companies can rely on the BSV brand for the scale and stability required for resource and investment commitments when they want to use the BSV blockchain.
What are the Advantages of Bitcoin SV (BSV)?
Despite being a new coin, BSV, also known as Satoshi Vision, offers users a wide wallet network. Users can use BSV coins for services like CashPAY, Crypto Traders, Bitcoin ATM, and Inc., making BSV highly attractive for daily use.
BSV has a transaction size of 128 MB. Compared to Bitcoin Cash, it has significantly lower transaction fees, providing its users with the convenience of making transactions easily. BSV made a big splash upon its debut, partly due to Craig Wright, the name behind BSV, claiming to be the real Satoshi Nakamoto, which quickly popularized the coin.
In summary, Bitcoin SV offers advantages in scaling, low transaction costs, and network development. This coin is often described as a blockchain that has undergone numerous changes.
What are the Disadvantages of Bitcoin SV (BSV)?
While Bitcoin SV is believed to best reflect the Satoshi vision by facilitating quality application development and reducing waiting times in transactions, it has its disadvantages. BSV cannot be used in decentralized finance. Mainly known for trading activities, BSV does not offer data on earning income through staking. Also, there is a risk of attack on BSV. Coins can be protected from potential malicious attacks by storing them in a hardware wallet.
How is Bitcoin SV (BSV) Mining Done?
Bitcoin SV mining, a topic of interest for many, utilizes blockchain technology. Like Bitcoin and other altcoins, mining of this token is heavily performed by companies like Coin Geek. The backing of such a strong company suggests that mining activities are expected to increase over time. Similar to Bitcoin, a halving event occurs every four years, with the last BSV expected to be mined in 2140.
Bitcoin SV became more attractive after its first protocol upgrade in 2019, which included improvements in security, scaling, protocol restoration, and payment experience.
Is Investing in Bitcoin SV (BSV) Safe?
BSV has been a market influencer since its inception, with rapid growth trends. Its current performance suggests it could potentially replace Bitcoin in the future. Although initial market reactions to BSV's impact and assumptions caused some investor apprehension, the coin's features make investing advantageous and safe. Despite price volatility, BSV is considered a beneficial investment that can provide short-term gains. The significant support BSV received from users upon its entry into the market enhances its safety. Considering these features, BSV is expected to rise in the future.
Despite having clear technological advantages over Bitcoin, the developing team's poor relationships with other industry players have caused investor concerns. Some cryptocurrency exchanges have chosen not to list BSV due to these disputes.
Bitcoin SV (BSV)
0.58%
$ 19.95
$ 0.11571
⇣ 19.59
15 Jan
⇡ 20.37
bitcoin
Bitcoin (BTC) $ 96,807.00
ethereum
Ethereum (ETH) $ 3,317.96
tether
Tether (USDT) $ 0.999527
bnb
BNB (BNB) $ 940.32
xrp
XRP (XRP) $ 2.09
usd-coin
USDC (USDC) $ 0.999626
staked-ether
Lido Staked Ether (STETH) $ 3,321.31
tron
TRON (TRX) $ 0.309272
dogecoin
Dogecoin (DOGE) $ 0.141806
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
cardano
Cardano (ADA) $ 0.399439
wrapped-steth
Wrapped stETH (WSTETH) $ 4,067.01
monero
Monero (XMR) $ 709.95
whitebit
WhiteBIT Coin (WBT) $ 58.11
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 3,609.05
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,484.00
bitcoin-cash
Bitcoin Cash (BCH) $ 591.93
wrapped-eeth
Wrapped eETH (WEETH) $ 3,604.96
chainlink
Chainlink (LINK) $ 13.95
usds
USDS (USDS) $ 0.999706
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999356
weth
WETH (WETH) $ 3,318.61
leo-token
LEO Token (LEO) $ 8.89
stellar
Stellar (XLM) $ 0.230877
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,879.00
zcash
Zcash (ZEC) $ 420.69
sui
Sui (SUI) $ 1.80
ethena-usde
Ethena USDe (USDE) $ 0.998713
avalanche-2
Avalanche (AVAX) $ 14.03
hyperliquid
Hyperliquid (HYPE) $ 25.08
litecoin
Litecoin (LTC) $ 73.17
hedera-hashgraph
Hedera (HBAR) $ 0.120717
shiba-inu
Shiba Inu (SHIB) $ 0.000008
canton-network
Canton (CC) $ 0.130389
usdt0
USDT0 (USDT0) $ 0.999596
world-liberty-financial
World Liberty Financial (WLFI) $ 0.171083
dai
Dai (DAI) $ 0.999253
susds
sUSDS (SUSDS) $ 1.08
the-open-network
Toncoin (TON) $ 1.74
crypto-com-chain
Cronos (CRO) $ 0.101702
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.21
paypal-usd
PayPal USD (PYUSD) $ 0.999815
polkadot
Polkadot (DOT) $ 2.16
usd1-wlfi
USD1 (USD1) $ 0.999124
uniswap
Uniswap (UNI) $ 5.42
rain
Rain (RAIN) $ 0.009745
mantle
Mantle (MNT) $ 0.9659
memecore
MemeCore (M) $ 1.61
bittensor
Bittensor (TAO) $ 284.19
aave
Aave (AAVE) $ 173.72
bitget-token
Bitget Token (BGB) $ 3.71
pepe
Pepe (PEPE) $ 0.000006
okb
OKB (OKB) $ 114.89
tether-gold
Tether Gold (XAUT) $ 4,606.90
internet-computer
Internet Computer (ICP) $ 4.21
near
NEAR Protocol (NEAR) $ 1.74
falcon-finance
Falcon USD (USDF) $ 0.995178
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 180.50
binance-peg-weth
Binance-Peg WETH (WETH) $ 3,319.52
ethereum-classic
Ethereum Classic (ETC) $ 12.82
ethena
Ethena (ENA) $ 0.228724
pax-gold
PAX Gold (PAXG) $ 4,626.79
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
pi-network
Pi Network (PI) $ 0.206394
aster-2
Aster (ASTER) $ 0.727175
pump-fun
Pump.fun (PUMP) $ 0.002903
solana
Wrapped SOL (SOL) $ 143.84
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.93
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.152266
binance-staked-sol
Binance Staked SOL (BNSOL) $ 156.84
htx-dao
HTX DAO (HTX) $ 0.000002
worldcoin-wld
Worldcoin (WLD) $ 0.574913
global-dollar
Global Dollar (USDG) $ 0.999681
hashnote-usyc
Circle USYC (USYC) $ 1.11
kucoin-shares
KuCoin (KCS) $ 11.46
aptos
Aptos (APT) $ 1.85
wbnb
Wrapped BNB (WBNB) $ 940.23
ripple-usd
Ripple USD (RLUSD) $ 0.999024
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,838.08
syrupusdc
syrupUSDC (SYRUPUSDC) $ 1.15
sky
Sky (SKY) $ 0.059601
bfusd
BFUSD (BFUSD) $ 0.999046
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999666
kaspa
Kaspa (KAS) $ 0.046613
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,523.83
ondo-finance
Ondo (ONDO) $ 0.384344
cosmos
Cosmos Hub (ATOM) $ 2.49
arbitrum
Arbitrum (ARB) $ 0.210661
gatechain-token
Gate (GT) $ 10.46
render-token
Render (RENDER) $ 2.24
algorand
Algorand (ALGO) $ 0.131069
hash-2
Provenance Blockchain (HASH) $ 0.021336
filecoin
Filecoin (FIL) $ 1.52
quant-network
Quant (QNT) $ 75.21
official-trump
Official Trump (TRUMP) $ 5.41
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 96,852.00
ignition-fbtc
Function FBTC (FBTC) $ 96,604.00
myx-finance
MYX Finance (MYX) $ 5.52
solv-btc
Solv Protocol BTC (SOLVBTC) $ 96,660.00
midnight-3
Midnight (NIGHT) $ 0.061572