Bitcoin SV (BSV) was created through a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which itself originated from the BTC blockchain a year earlier. The primary objective of Bitcoin SV is to adhere to the original vision outlined in Satoshi Nakamoto's white paper, early Bitcoin client software, and known writings. It aims to provide scalability and stability, in line with the original description of Bitcoin as a peer-to-peer electronic cash system, while also offering a distributed data network capable of supporting advanced blockchain applications for businesses. To achieve this, artificial block size limits have been eliminated, Script commands and other technical capabilities historically restrained by the BTC blockchain's protocol developers have been reinstated. Consequently, the network can handle a large number of transactions per second with very low transaction fees, making it suitable for microtransactions. Furthermore, Bitcoin SV has advanced features such as tokens, smart contracts, computations, and diverse data uses. Notably, the BSV network stands out for its ability to scale infinitely on-chain and for its alignment with the original Bitcoin design when compared to other blockchains.
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