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$46.0121-3.48%
$46.0121฿0.00079397
Today
Low:$46.6037
High:$48.7702
Yesterday
Low:$45.5305
High:$46.4481

Market information

Market Cap $907,094,831.16
Global Volume(24H)$68,216,616.4
All-Time Low$23.491
All-Time High$455.23
Initial Price$88.3
ROI
-47.8912%
Circulating Supply 19,714,278 BSV
流通百分比 93.8775%
Max Supply 21,000,000 BSV
Total Supply 21,000,000 BSV

Price history

Information

Converter

BSV

Project Introduction

BSV coin is a new coin forked out by the BCH community in November 2018, BSV community is in the name of satoshi Bitcoin white paper the most original version 1.0, restore satoshi Bitcoin white paper route. BSV aims to fulfil the vision Satoshi Nakamoto originally set out in his bitcoin white paper. Bitcoin SV's mission is clear: BSV is to restore Bitcoin's original protocol, maintain its stability, and allow its massive expansion. Unlike the path taken by Bitcoin Core (BTC) and Bitcoin Cash ABC (BCH/BAB), BSV's roadmap aims to create a new global currency used by billions of people and a global public chain that can be used safely by large corporations.

Project Vision

BSV (Bitcoin Satoshi Vision), in which "SV" is the abbreviation of Satoshi Vision (Nakamoto Satoshi Vision), aims to realize the original Vision of large-scale chain expansion and become a universal point-to-point electronic cash and value data transmission network.

Market Demand

"Australian Satoshi" is very famous in the currency circle, he highly praises BSV, has caused a great influence in the market, demand is strong

Solution

Bitcoin SV provides a new full-node Bitcoin Cash (BCH) implementation

Token Usage Scenarios

BSV acts as the platform's native token for performing various functions that the network allows

Algorithm

BSV uses SHA256d algorithm

Characteristic

The BSV chain will use and follow the original specification outlined by Satoshi Nakamoto in the Bitcoin White Paper, and the BSV will have a larger capacity of 128MB.

Technical Characteristics

Bitcoin SV offers miners a clear choice of bitcoin Cash (BCH) implementations and allows businesses to build applications and websites on its solid foundation.

Release Mechanism

The bitcoin SV protocol operates in a deflationary economy, with fixed subsidies falling over time. For every 210,000 blocks created, the number of new Bitcoin SV created by each block will decrease by 50%.

Project Highlights

BSV is currently the only blockchain project with a large scale expansion, and the vision of a global payment system can be applied by global enterprises.

Competitors

Bitcoin Cash (BCH)

Points

BSV's expansion of the block cap from 128 MB to 2 GB is unnecessary and unreasonable in the context of an incomplete project ecology and a small number of on-chain transfers. From the perspective of necessity, before the expansion, the block cap has exceeded the demand for on-chain transfer and transaction, and the transaction commission is already at a low level. BSV needs to do more is to expand the chain of ecological and practical applications. From the most pessimistic point of view, when BSV is fully excavated, if its on-chain ecology and practical application still do not improve, then low miner fees and rare on-chain transactions will not be able to support the cost of full-node mining, forcing some full nodes to leave, resulting in a further decline in network computing power. In this way, 51% computing power attacks become much simpler and threaten the security of BSV networks. On the more optimistic side, if there is bSV-related activity initiated by exchanges or project parties, or if there is a spike in the number of transactions on the BSV chain, then the BSV block cap can accommodate this increase in demand, but it also means that large blocks are more likely to emerge. In the case of a small number of BSV full nodes and large performance differences, it will be difficult to synchronize large blocks, and some nodes will be stuck on the block and lead to offline. Mining will also appear unfair competition due to the difference in synchronization time, which is not good for the network. Stress testing of the BSV upgrade, for example, resulted in a 210 MB block, causing many nodes to go offline because they got stuck on the block.

Market Commentary

The basic plate of BSV is actually supported by mining industry, because the threshold of research and development of Bitcoin mining machine is not high, bitcoin mining industry from the early technology-driven to capital-driven, under the dazzling packaging of Obenoshi, BSV is actually supported by the venture capital of mining industry. This venture is not fundamentally different from the BCH investment by Bitmain, but BSV has clearly summarized and improved on the bifurcation approach and model, fixing some significant weaknesses of BCH (eliminating annual hard bifurcation and stabilizing the underlying protocol). The business model of investing in Bitcoin mining is not complicated. Mining determines the cost of coinage (manufacturing cost). Mining produces 648,000 BTC, BCH and BSV coins in a year. Big miners can push up manufacturing costs, reduce shipments to achieve the purpose of directly or indirectly market manipulation, the currency of the huge volume is not easy to manipulate, and manipulation of bifurcate currency such as the difficulty of the BCH and BSV is much lower, shipment need to step up market at the same time, in theory, enough capital to cover enough "goods", slow delivery the balance of the market, That's why Bitmain has over a million BCH. In BSV here, no difference, the risk capital involved in mining, according to the market and the capital regulation (dig) manufacturing costs, after the sale of a dazzling, of course, we cannot simply see it as a pyramid scheme, because in addition to product form, the manufacture and sale of closed loop with the rest of the business is not significant difference.

Project Risk

BSV's biggest problem is that it doesn't have a killer app yet. WeatherSV, rateSV, COC and even WeibLock are, as Hairy Ball says, toy apps. BSV, McDonald's, Wikipedia, 360, ubs, and other big names have been rumored, but have yet to bear fruit.

Values

The adoption of Bitcoin SV will be driven by application developers who will leverage extremely low-cost microtransactions to create unique business models that only a massively scaled up BSV can achieve. The latest evidence suggests that the current massive scale up on BSV will accelerate application development as BSV will distance itself from all competing technologies and will be the only choice for any application requiring low-cost microtransactions. The original Bitcoin SV stands out as a practical platform in today's world.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1Upbit1UpbitBSV/KRW
62,060
-3.23%$2,343,960.962.9031%2024-09-16 19:25:16
2OKX2OKXBSV/USDT
46.2600
-2.73%$1,409,545.131.7458%2024-09-16 19:34:58
3Bitget3BitgetBSV/USDT
46.2200
-2.69%$1,215,338.341.5053%2024-09-16 19:35:16
4CoinW4CoinWBSV/USDT
46.0736
-3.33%$316,719.380.3923%2024-09-16 19:35:19
5HitBTC5HitBTCBSV/USDT
46.0807
-2.96%$252,726.240.3130%2024-09-16 19:35:24
6KuCoin6KuCoinBCHSV/USDT
46.2300
-2.78%$114,888.90.1423%2024-09-16 19:35:44
7Gate.io7Gate.ioBSV/USDT
46.1200
-3.05%$103,390.010.1281%2024-09-16 19:35:47
8BingX8BingXBSV/USDT
46.2100
-2.81%$55,431.840.0687%2024-09-16 19:33:28
9OKX9OKXBSV/BTC
0.00079480
-0.1%$26,340.530.0326%2024-09-16 19:34:55
10MEXC10MEXCBSV/USDT
46.2400
-3%$23,987.660.0297%2024-09-16 19:32:56
11OKX11OKXBSV/USDC
45.9100
-3.79%$20,833.150.0258%2024-09-16 19:35:13
12HitBTC12HitBTCBSV/BTC
0.00079400
0%$2,169.890.0027%2024-09-16 19:33:26

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
OKXOKX$1,456,718.8111.6336%Visit
Gate.ioGate.io$104,058.10.8310%Visit
KuCoinKuCoin$116,757.690.9324%Visit
BitgetBitget$1,215,338.349.7059%Visit
MEXCMEXC$23,987.660.1916%Visit
BingXBingX$55,431.840.4427%Visit
UpbitUpbit$2,344,035.5418.7199%Visit
HitBTCHitBTC$254,896.132.0356%Visit
CoinWCoinW$316,719.382.5294%Visit
BitMartBitMart$162,052.311.2942%Visit
HTXHTX$3,208,843.0825.6264%Visit