Patcay.com – nChain, a blockchain technology company, is developing BSV (Bitcoin SV) node software and regularly delivering protocol updates that restore the functionality of the original Bitcoin protocol. nChain now provides the Bitcoin SV Infrastructure Team, which continually advances node software and other infrastructure tools for the BSV network.
Bitcoin SV (BSV Coin) emerged after a hard fork from the Bitcoin Cash (BCH) blockchain in 2018, which itself forked from the BTC blockchain a year earlier.
The BSV network has uniqueness in its capacity for unlimited on-chain scaling and is more aligned with the original design of Bitcoin compared to other blockchains.
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According to Coinmarketcap, the goal of Bitcoin SV is to fulfill the original vision of the protocol and design of Bitcoin as outlined in Satoshi Nakamoto’s whitepaper, the early Bitcoin client software, and Satoshi’s famous writings.
BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, while providing a distributed data network that can support advanced enterprise-level blockchain applications.
To achieve this, they have removed artificial block size limits and re-enabled Script commands and other technical capabilities that were historically disabled or restricted by BTC blockchain protocol developers.
This enables the network to process tens of thousands of transactions per second while maintaining very low transaction fees for micro-payments, in addition to offering advanced capabilities such as tokens, smart contracts, computing, and other use cases for data.