#56. Bitcoin SV (BSV)
Price of 1 Bitcoin SV (BSV) = $127.31 AUD
Bitcoin SV is a full-node implementation for Bitcoin Cash (BCH) and will maintain the vision of Bitcoin set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System Reflecting its mission to fulfill the vision of Bitcoin, the project name represents the “Satoshi Vision” or SV. Created at the request of leading BCH mining enterprise CoinGeek and other miners, Bitcoin SV is intended to provide a clear BCH implementation choice for miners and allow businesses to build applications and websites on it reliably. Bitcoin SV restores the original vision to ignite the future of Bitcoin: Bitcoin Cash can replace every payment system in the world with a better user experience, a cheaper merchant cost, and a safer level of security. Businesses can trust the Bitcoin Cash brand to provide the stability and scale they need to commit investment and resources to use the BCH blockchain. The Bitcoin SV project was created at the request of and sponsored by Antiguan-based CoinGeek Mining, with development work initiated by nChain. The project is also owned by the Antiguan-based bComm Association on behalf of the global BCH community, and the Bitcoin SV code is made available under the open source MIT license.
BSV Price Analysis
The price of BSV has gone down -1.19% in the past 24 hours.
Bitcoin SV (Satoshi's Vision) was created by a hard fork that split Bitcoin Cash into two different digital currencies on Nov. 15, 2018. The hard fork resulted in Bitcoin SV and Bitcoin ABC being created. Bitcoin ABC became the dominant chain and took over the BCH ticker, while Bitcoin SV has its own ticker. Bitcoin SV claims a strict adherence to Satoshi Nakamoto's vision for the original Bitcoin, with the original Bitcoin white paper serving as a core document for the project.
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