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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Bitcoin SV by Robiul Islam

Revainrating 3 out of 5

A Peer-to-Peer Electronic Cash System.

Bitcoin SV (BSV) is still a zing in the crypto world. So many people have hated this coin since it began, but most don't understand the point of it. It's meant to better uphold Satoshi's vision, which is why it's named this way. Other then that, Bitcoin SV is going to overtake BCH in hash power once again, sending this coin above BCH in market cap (CMC). I am convinced that Bitcoin SV holds great potential in the short and long term run.



Pros
  • The block size of the BSV was 128MB - the actual BCH was only 32MB. BlockSize growth basically helps scale the network and allows more transactions to be performed.
  • One of the goals of BSV developers is to reduce transaction costs - affordable and large-scale fast transactions are key to the success of new cryptocurrencies.
  • Much work needs to be done to develop the vision to satisfy the existing blockchain, therefore, Bitcoin SV is a chain that has changed more than its competitor, Bitcoin ABC.
Cons
  • You may make some decent money off of trading its bottoms and various pumps, but its just dangerous to play with fire.