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San Francisco
3 Level
53 Review
16 Karma

Review on Bitcoin SV by Jeff Shaw

Revainrating 1 out of 5

widely considered a fraud project

Bitcoin SV, or Satoshi's vision, is a hard fork of the Bitcoin Cash fork of Bitcoin. The fork was lead by Craig Wright, who claims to be Satoshi. The Project rolled back Bitcoin Cash's changes to the Bitcoin protocol of increase transactions and lowering transactions fees and instead changed the block size to 128 MB as the group believed this was in Satoshi's vision. The project is widely considered a fraud, and if you are looking to invest in a store of value, Bitcoin should be your choice. If you are looking for a project for transactions, I'd recommend a stablecoin project as it has been proven that the world wants to transact in non volatile assets.

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Pros
  • predictable supply schedule
Cons
  • governance
  • hash rate low
  • community support