Bitcoin SV (BSV)What's Bitcoin SV price? How much potential does it have? How to buy Bitcoin SV? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how BSV compares to Bitcoin based on its performance!
(Price data last updated about 7 minutes ago)
Data last updated about 7 minutes agoBSV All Time Low/High: €35.02 (+17%) / €408.75 (-90%)
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Compare BSV and BTC performance
How popular is Bitcoin SV cryptocurrency?Bitcoin SV ranks 55th among all cryptocurrencies. It has a market cap of €784292517. The total trading volume within the last 24 hours was €28260700.
How much potential does it have?How much can Bitcoin SV grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (19,266,077), it can theoretically grow at least 517x before it would become more popular than Bitcoin. This means that based on BSV maximum potential it could reach €21189.5 before it would have to overtake Bitcoin.
How to buy Bitcoin SV?The easiest way to buy BSV is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 52 Bitcoin SV exchanges available.
Where can you buy it?BSV should be listed in these exchanges:
Where can I find more information about Bitcoin SV?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is Bitcoin SV?What Is Bitcoin SV (BSV)?
Bitcoin SV (BSV) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier.
The goal of Bitcoin SV is to fulfil the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper, early Bitcoin client software and known Satoshi writings. BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications.
To this end, it has removed artificial block size limits and re-enabled Script commands and other technical capabilities which had been historically disabled or restricted by the protocol developers of the BTC blockchain. This allows the network to process tens of thousands of transactions per second while maintaining extremely low transaction fees for micropayments, in addition to offering advanced capabilities such as tokens, smart contracts, computation and other data use cases.
The BSV network is unique in its capacity for unbounded on-chain scaling while also being more aligned with the original design of Bitcoin than any other blockchain.
Who are the founders of Bitcoin SV (BSV)?
Blockchain technology company nChain developed the BSV node software and has regularly delivered protocol updates that restore the functionality of the original Bitcoin protocol. nChain now provides the Bitcoin SV Infrastructure Team which continues to advance the node software and other infrastruture tools for the BSV network.
nChain Chief Scientist Craig Wright, who has claimed to be Satoshi Nakamoto, has been a supporter of BSV since the split between BCH and BSV in 2018, following the proposal of controversial protocol changes by several BCH developers.
Entrepreneur Calvin Ayre is also a vocal advocate for BSV and regularly seeks investment opportunities in companies and projects building on the blockchain.
After BSV split from BCH, a Switzerland-based non-profit industry association known as Bitcoin Association was formed that now supports the global growth and adoption of the BSV blockchain and digital currency. Work of the Bitcoin SV Infrastructure Team at nChain is performed at the request and direction of Bitcoin Association.
What makes Bitcoin SV (BSV) unique?
BSV differs from other versions of Bitcoin in its adherence to the original Bitcoin protocol and focus on realising the vision for the Bitcoin network outlined in the Bitcoin white paper and other known Satoshi Nakamoto writings. Unlike BTC, which now primarily functions as an investment or store of value asset, BSV aims to offer a scalable and usable blockchain platform for efficient payments and distributed data applications for consumer, enterprise and government users.
Thanks to its unbounded block size, BSV can scale to meet market forces and accommodate the demands of any application and payment network without resorting to second-layer solutions. In 2021, the BSV network mined the world’s first gigabyte (1000+ megabytes) level blocks – reaching up to 2 GBs in August 2021; for comparison, 2 GBs is 2000 times the 1MB block cap of the BTC network. Block capacity of the BSV network is expected to continue growing further to support more transaction volume and data use caes.
With testing of the new node software, the BSV Infrastructure Team has already demonstrated the BSV network’s ability to handle up to 100,000 transactions per second and expects that capacity to be shown on the BSV mainnet and grow even higher in the future. With this capability, BSV rivals and aims to supersede the payment processing capabilities of platforms like VISA at a fraction of the cost to users.
BSV also offers a scalable and product-ready platform for blockchain application developers, many of whom have migrated from other networks such as Ethereum after encountering scaling issues as their adoption increased. BSV is capable of scaling along with user adoption, which means developers can be assured that transaction fees will remain low and interactions will be processed quickly.
The functionality of BSV is attractive to enterprise and government users, with the blockchain offering an efficient and stable platform for companies and agencies looking to experiment or build with blockchain technology.
How many Bitcoin SV (BSV) coins are there in circulation?
As defined by the original Bitcoin protocol, there will be a maximum of 21 million BSV coins in circulation. Fresh coins from this circulation are distributed to BSV miners via block rewards, which they earn in addition to transaction fees for validating blocks.
Block rewards for miners are cut by 50% at predefined periods to slowly shift the reliance of miners on these subsidies to transaction fees and to reduce the flow of new tokens as they approach their maximum quantity.
How Is the Bitcoin SV network secured?
BSV is secured by the proof-of-work consensus mechanism as described in the Bitcoin white paper. This means that for a block containing new transactions to be added to the blockchain, miners must solve a complex mathematical problem using their computer’s processing power. The miner who solves this problem first earns the block reward and transaction fees, and their block is added to the chain.
As more blocks are built on top of their block, the validity of the transactions now stored on the chain are ratified by other nodes and become very difficult, if not virtually impossible, to alter.
Where can you buy Bitcoin SV (BSV)?
Bitcoin SV is listed on major exchanges including OKEx, KuCoin, Huobi, Bitfinex, Bittrex, Bithumb — as well as dozens of additional platforms. It is also available to purchase from BuyBSV.com.
|Market Cap: €784292517||Rank: #55||Volume: €28260700|
Bitcoin SV (BSV) live price chart
How big was Bitcoin SV coin volume within the last 24h?
Bitcoin SV (BSV) last recorded volume was € 28260700.
How much has Bitcoin SV price changed during one year?
BSV price has changed during the last year -49.59 %.
Is BSV coin close to its All Time High price?
BSV all time high price (ath) is €408.75. Its current price is €41.02. This means that the difference between Bitcoin SV (BSV) All Time High price and BSV current price is -90%.
What is the maximum price Bitcoin SV (BSV) could VERY theoretically reach?
BSV has a current circulating supply of 19,266,077. Based on our calculation BSV could reach up to €21189.5 before it would have to overtake Bitcoin. So in theory the potential for growth is 517x its current value (€41.02). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Bitcoin SV and in no way is it a prediction of any kind, far from it.
Where can you buy Bitcoin SV?
Bitcoin SV is currently listed on at least these crypto exchanges: DigiFinex, OKX, Bitforex, Bibox, Upbit, MEXC Global, Bithumb, BitMart, Huobi, Gate.io, AscendEX (BitMax), Bittrex, XT.COM, KuCoin, Bitvavo, CoinEx, Hotbit, Huobi Korea, WOO Network, HitBTC, Changelly PRO, Pionex, BiONE, BKEX, BTCMarkets, Indodax, LATOKEN, Coinone, Upbit Indonesia and possibly some others.