Reflecting mission to fulfil the vision of Bitcoin, the project name represents the “Satoshi Vision” or Bitcoin SV.

Updated over a week ago

Bitcoin Satoshi Vision (SV) is a cryptocurrency created in late 2018 by forking the Bitcoin Cash blockchain and adjusting the protocol with larger block sizes to reduce transaction fees.

“Satoshi Vision” - BSV’s mission is clear and focused:

  • restore the original Satoshi protocol,

  • keep it stable,

  • enable it to massively scale on-chain.

That is the only way to make Bitcoin the world’s new money (a peer-to-peer electronic cash system) and the global public ledger for the world’s biggest enterprises.

The birth of Bitcoin Satoshi Vision, the original Bitcoin.

In August 2017, following a disagreement between developers, Bitcoin split into two cryptocurrencies: Bitcoin Core (BTC) and the Bitcoin Cash (BCH). The split is called the Bitcoin Cash hard fork.

In November 2018, another hard fork occurred between two protocol development groups which resulted in Bitcoin Cash ABC and Bitcoin Satoshi Vision, or Bitcoin SV.

Bitcoin Cash ABC believed in maintaining the block size at 32MB, which would limit the number of transactions it could handle.

The Bitcoin SV camp believes in the original Bitcoin protocol that focuses on restoring the original Satoshi protocol, keeping it stable and enabling it to massively scale.

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