View source for Bitcoin SV (BSV)

== Basics ==

* A [[hard fork]] off of [[BCH]] which happened on 2018-11-15.
* Implementation of [[Bitcoin Cash (BCH)|Bitcoin Cash]] by [[Craig Wright]] supported by the [[Mining Pool|mining pools]] [[Coingeek]], [[SVPool]], [[Memepool (Mining Pool)|Memepool]] and [[BMG Pool]]
== History ==
== Audits & Exploits ==

*[[Bug bounty]] program can be found [insert here].

=== Bugs/ Exploits ===

*[https://cryptobriefing.com/bitcoin-sv-exploit-widespread-theft/ From] [[Crypto Briefing]] (9-11-2020):

"''A critical flaw in Bitcoin SV’s ElectrumSV [[wallet]] has led to widespread theft, according to user [https://twitter.com/dailyzhou/status/1325284207103410176?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1325284207103410176%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fcryptobriefing.com%2Fbitcoin-sv-exploit-widespread-theft%2F reports] on social media. Developers disabled the vulnerable [[multisig]] feature in ElectrumSV 1.3.8 after reports of user losses."''

==== Reorgs ====

*[https://www.trustnodes.com/2019/04/18/bsv-blocks-get-orphaned According] (18-4-2019)<strong> </strong>to Nikita Zhavoronkov of [[Explorer|blockchain explorer]] [[Blockchair]], Bitcoin SV has experienced a six [[block]] or more [[reorganization]] due to [[miner]] confusion or fighting; blocks 578640-5 were [[Orphan Block|orphaned]], perhaps due to the size of the blocks with number 578644 coming in at 128 mb which is known to cause reorgs or orphaned blocks; the network was down for 1.5 hours during the [[reorg]].
*[https://blockthreat.substack.com/p/blockthreat-week-27-2021?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozOTA1NjA2NCwiXyI6IitrN3VtIiwiaWF0IjoxNjI3MjMwMjYwLCJleHAiOjE2MjcyMzM4NjAsImlzcyI6InB1Yi04MTA1Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.9qLbk5N2KEVA3JwBjqWG0oqi From] [[BlockThreat]] (24-7-2021):

''"On July 8, 2021 BSV chain had [https://bitcoinassociation.net/bitcoin-association-statement-zero-tolerance-for-illegal-attacks-on-the-bitcoin-sv-network/ reports] of an ongoing [[51% Attack|51% attack]]. The attack was reported to be coming from a [[miner]] [https://www.nasdaq.com/articles/what-is-going-on-with-bitcoin-sv-2021-07-23 going by the name] ZULUPool."''

* [https://news.bitcoin.com/bitcoinsv-chain-suffers-51-attack-analyst-claims-bsv-network-experienced-a-100-block-reorg/ From] [[Bitcoin.com]] (5-8-2021):

''"Reports show that the Bitcoinsv blockchain suffered from a 51% attack on Tuesday, August 3, 2021, as the founder of [[Blockchair]], [[Nikita Zhavoronkov]] explained the network endured a 100 block reorg “wiping out 570k transactions.”"''

== Governance ==
=== DAO ===
=== Treasury ===
== Token ==
=== Launch ===
=== Token allocation ===
=== Utility ===
=== Token Details ===
=== Stablecoin ===
== Technology ==
* [[Whitepaper]] can be found [insert here].
* Code can be viewed [insert here].
* Programming language used:
=== Transaction Details ===
* Capacity ([[TPS]]):
* [[Latency]]:
=== How it works ===
=== Fees ===
=== Upgrades ===

* [https://www.reddit.com/r/btc/comments/e1p3ki/a_map_of_the_main_consensus_forks_of_bitcoin/ Had] a [[hard fork]] on 2019-07-24 called Quasar, which gave BSV a [[block size]] limit of 512MB .

=== Mining ===
=== Liquidity Mining ===
=== Different Implementations ===
=== Interoperability ===
=== Other Details ===
== Oracle Method ==
== Privacy Method ==
== Compliance ==
== Their Other Projects ==
== Roadmap ==
* Can be found [Insert link here].

== Usage ==
=== Projects that use or built on it ===
* [[Twetch]]; a micropayment-based social network [https://www.coindesk.com/twetch-chat-encrypted-messaging-bsv with] (9-9-2020) an encrypted direct-messaging function that lets users send each other money in the chat.

== Competition ==
== Coin Distribution ==
* [https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3 From] [[Coin Metrics]] #38 (18-2-2020):
''"Bitcoin SV (BSV) percentage of supply held by [[addresses]] with balance of at least 1/1K has remained relatively flat, outside of a significant dip in February 2019, and a sudden increase in June 2019. In August 2018, when BSV forked from BTC, these large addresses held about 26% of BSV supply. As of February 2020, they hold about 24%."''
* From a [[twitter]] [https://twitter.com/AdamScochran/status/1255332313241706498 thread] by [[Adam Cochran]] (29-4-2020): In BSV 1250 addresses hold 55.6% of BSV
== Pros and Cons ==
=== Pros ===
=== Cons ===
* [https://news.bitcoin.com/two-reports-criticize-bitcoin-sv-miners-and-the-chains-upcoming-fork/ From] [[Bitcoin.com]] (20-12-2019) which is pro-BCH:
''"In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research [https://www.binance.com/en/blog/414011375473963008/Binance-Research-BSV-and-BCH-Miners-Might-Have-Earned-Millions-More-If-They-Also-Mined-BTC- published] an allocation [[mining]] report that analyzed the mining activities of [[BTC]], [[BCH]], and [[BSV]] and the research detailed that BSV miners are mining irrationally to protect their investment. The following day, the firm [[Bitgo]] [https://medium.com/@murchandamus/bsv-deprecation-6b3fff4df34c? published] a report that disclosed it will be depreciating BSV because of the upcoming hard fork that aims to remove Pay-to-Script-Hash (P2SH) outputs."''
== Team, Funding, Partnerships, etc. ==
=== Team ===
* Full team can be found [here].
* [[Craig Wright]], creator. ''"Craig Wright, who [https://medium.com/@iwearahoodie/my-conclusions-regarding-craig-wright-a79fa4c56431 doesn’t actually] code and is not the main owner or CEO of [[NChain|Nchain]]"''
=== Funding ===
* [[Calvin Ayre]], investor

=== Partners ===[[Category:Companies/Organisations]]