What currency are bsv and btc (what currency is bsv)
What currency are bsv and btc? According to cryptobriefing messages, what currency are bsv and btc? According to Bitcoin, there are similar names between the two. Bitcoin SV is one of the main supporters of Bitcoin Lightning Network, which launched its own blockchain service (BSV) in October 2017. Bsv is a decentralized protocol that consists of three parts: one provides secure and verifiable data blocks for transactions; The other is the value transmission function, which uses Cryptography methods to package blocks into hash values; And an application for storing data and communicating According to the latest news from BSV, BSV is a decentralized currency based on the Bitcoin network. According to its official information, on August 17, 2018, the Bitcoin SV team released a white paper and announced that it would release this version of Codebase and software in January 2019. Bsv is a branch of Bitcoin Core (BTC). It is reported that this is the first virtual token project to integrate Bitcoin blockchain with other encrypted assets, and it is also the first time Bitcoin ABC developers have proposed a new protocol According to Coinmarketcap data, the current market value of BSV is approximately $3.16 billion, an increase of nearly 50% compared to the beginning of 2020. Another noteworthy aspect is that due to the fast trading speed and extremely low prices, many counterfeit coins cannot enter the market for circulation. (bitinfocharts. com)
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