BSV

BSV (Bitcoin Satoshi Vision) is a cryptocurrency and a fork of Bitcoin.

It split from Bitcoin Cash (BCH) through a hard fork in November 2018. The name "Bitcoin Satoshi Vision" reflects the development team's goal of restoring Bitcoin's original protocol and maintaining the vision described in the Bitcoin whitepaper.

Key Features¶

1. Block Size: BSV's block size has been greatly increased, initially set at 128MB and subsequently further expanded, to achieve higher transaction processing capacity and lower transaction fees.
2. Protocol Restoration: BSV aims to restore and maintain Bitcoin's original protocol, including removing changes in past versions that were deemed unnecessary or harmful.
3. Development Community: BSV is supported by a development team led by nChain. Craig Wright is one of its most prominent representatives, claiming to be Bitcoin's creator, Satoshi Nakamoto.
4. Vision: BSV's ultimate vision is to serve as an enterprise-grade blockchain, expanding its use to support various large-scale commercial applications and achieving better compatibility with traditional financial systems.

Community and Controversy¶

BSV's supporters include some early Bitcoin developers and miners who view BSV as the true inheritor of Satoshi Nakamoto's vision. Additionally, Calvin Ayre and Craig Wright (who claims to be Bitcoin's creator, Satoshi Nakamoto) are BSV's primary supporters and advocates.

However, BSV has also generated considerable controversy both within and outside the community. Many people are skeptical of the large block approach, believing it would reduce the degree of decentralization, as large blocks may require higher computing and storage resources, making it difficult for ordinary users to participate in the network. Furthermore, questions about Craig Wright's identity and his claims of being Satoshi Nakamoto have sparked extensive discussion and skepticism.