A source from PRNewsWire confirms that after years of deviating from Satoshi Nakamoto’s vision for Bitcoin, be it BTC or BCH, Bitcoin SV (BSV) emerged to restore his vision, the Satoshi vision. BSV represents the original Bitcoin protocol.
A source from PRNewsWire confirms that after years of deviating from Satoshi Nakamoto’s vision for Bitcoin, be it BTC or BCH, Bitcoin SV (BSV) emerged to restore his vision, the Satoshi vision. BSV represents the original Bitcoin protocol.
Jimmy Nguyen, President of Bitcoin Association, the global industry organization which advances Bitcoin SV, remarks: “We declare November 15 as Bitcoin Independence Day, to commemorate BSV’s rise to free and protect original Bitcoin. We’ve seen tremendous scaling success and application development on BSV in just one year, confirming that Bitcoin’s original design always worked.”
BSV is dealing with the biggest problem Bitcoin deals with which is scaling. BSV can handle over 20 million transactions daily and is planning to handle thousands of transactions per second. This will eventually allow BSV to compete with giants such as Visa. BSV competes against BTC for more transactions handled per day and larger block sizes. BSV is a blockchain project project that aims to lower costs, handle more transactions and enable micropayments.
Examples of real business projects already being built on BSV according to the source include: BUSKON, a new Korean-based music streaming business from ONEStore (2nd largest mobile app store in South Korea), that found BSV is the only blockchain that meets its requirements for scalability, reliability, security, and regulatory compliance, DRIVE, a technology company in Canada focused on blockchain solutions for finance and supply chain, is building a cross-border payments network on BSV for financial institutions, American online game company Kronoverse is using BSV’s greater capacity to record game battle data to the blockchain, starting with its CryptoFights game, and also to create a new eSports monetization platform, BitBoss is an American gambling technology company with a new product that connects casino back-end systems to player mobile wallets, enabling more efficient betting using BSV or BSV tokens, Tokenized provides a BSV protocol for issuing over 50 token types for real world assets. The Amleh company is using that system to issue digital tokens of audited physical gold in micro-increments which allow anyone to own and trade gold, UNISOT in Norway is a start-up creating a supply chain management solution on the BSV blockchain, Companies can conduct better up/downtime testing of their websites with UpTimeSV, which uses BSV to enables individual users to contribute to testing with your mobile phones in a global crowdsourced system, Video streaming, where you get paid for your content, with Streamanity… or like Twitter but, again, you get paid for ‘likes’ and content with Twetch or Weiblock, You can even store weather (WeatherSV), financial (RateSV), and Bitcoin exchange rate (Preev) data on the BSV blockchain right now, creating data marketplaces for future big data analysis And there is now even a high-level smart contract language for BSV – sCrypt.
