Cryptocurrency Q&A
What is BCH and BSV?
What is BCH and BSV?
Elena
Thu Oct 24 2024
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5 answers
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BCH and BSV are both fork coins from Bitcoin. BCH, or Bitcoin Cash, was created in 2017 as a result of a hard fork, aiming to increase the block size limit and transaction processing capability. BSV, or Bitcoin Cash SV, emerged from a subsequent fork of BCH, focusing on restoring the original vision of Bitcoin by emphasizing large block sizes and maintaining the protocol's immutability.
5 answers
Martina
Sat Oct 26 2024
Bitcoin SV (BSV) is a cryptocurrency that has emerged as a fork of Bitcoin Cash (BCH).
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ZenHarmony
Sat Oct 26 2024
This fork aimed to improve upon the existing features of BCH by introducing even lower fees for transactions.
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Lorenzo
Fri Oct 25 2024
In addition to lower fees, BSV also boasts faster transaction speeds compared to both Bitcoin and Bitcoin Cash.
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MysticInfinity
Fri Oct 25 2024
The ecosystem of BSV has been expanded to include smart contracts, allowing for more complex and automated transactions.
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Arianna
Fri Oct 25 2024
Non-Fungible Tokens (NFTs) are another feature introduced by BSV, providing a unique way to tokenize digital assets.
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