Discover how Bitcoin SV (BSV) has delivered Satoshiâs vision of One Global Bitcoin blockchain. Itâs fast, scalable, transformative, efficient, and regulation-friendly (thus stable), setting many records along the way. BSV is a truly powerful blockchain.
The vision for what Bitcoin is was outlined by its inventor, Satoshi Nakamoto, in the white paper entitled âBitcoin: A Peer to Peer Electronic Cash Systemâ. Four months later the first open source Bitcoin client software is released.
âSegregated Witnessâ or SegWit, was designed to remove the tracing capabilities of Bitcoin allowing the introduction of off-chain, opaque exchange solutions such as the Lightning Network. The introduction of this broke Bitcoinâs original protocol and clearly renders BTC as non-Bitcoin compliant and intentionally ineffective.
Bitcoin SV (BSV) becomes the new ticker symbol for the original Bitcoin Protocol when BCH decided to divert from Bitcoinâs white paper, introduce non-Bitcoin compliant features which included introducing anonymity that hinders government and financial regulation. This is why itâs considered Bitcoinâs Independence Day.
The Genesis upgrade restored the original Bitcoin Protocol as closely as possible to Satoshiâs original design, locking it down to create stability for developers and enterprises to build upon. Unbounded scaling returned, as did the original Bitcoin script language that allows developers to build on-chain applications easier.
Numerous world records have now been set on Bitcoinâs original protocol including regularly surpassing millions of transactions a day, the largest blocks (+4GB), largest NFT (1GB) and the lowest environmental impact of any proof-of-work (POW) chain.
The BitcoinSV brands have been unified under the BSVblockchain umbrella, streamlining their approach and providing a clear, cohesive identity for the project.