Difference between revisions of "Bitcoin SV (BSV)"

From CryptoWiki

wiki_crypto>Zeb.dyor
 
 
(2 intermediate revisions by 2 users not shown)
Line 10: Line 10:
=== Bugs/ Exploits ===
=== Bugs/ Exploits ===


*[https://cryptobriefing.com/bitcoin-sv-exploit-widespread-theft/ From] [[Crypto Briefing]] (9-11-2020):
*On October 17, 2022 BSV network was under a [[Denial-of-Service attack (DoS attack)|DoS]] attack by a miner [https://news.bitcoin.com/an-unknown-miner-commands-more-than-51-of-bsvs-hashpower-consecutive-strings-of-empty-blocks-makes-chain-unreliable/ producing empty blocks] preventing finalization of new transactions.  [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."''
"''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."''
Line 45: Line 45:
=== Upgrades ===
=== 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 .
* [https://blog.bitmex.com/bitcoin-sv-hardfork-significant-security-risks/ From] [[BitMEX (BMEX)|BitMEX]] (14-11-2022):
''"On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It appears as if the upgrade may allow anyone cooperating with [[Miner|miners]] or the administrator of a centrally controlled “[[whitelist]]” to confiscate any BSV coins from any user at any time."''
*[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 ===
=== Mining ===
=== Liquidity Mining ===
=== Different Implementations ===
=== Different Implementations ===
=== Interoperability ===
=== Interoperability ===
=== Other Details ===
=== Other Details ===
== Oracle Method ==
== Oracle Method ==
== Privacy Method ==
== Compliance ==
== Compliance ==
== Their Other Projects ==
== Their Other Projects ==
Line 71: Line 71:
=== Pros ===
=== Pros ===
=== Cons ===
=== Cons ===
*[https://blog.bitmex.com/bitcoin-sv-hardfork-significant-security-risks/ From] [[BitMEX (BMEX)|BitMEX]] (14-11-2022):
''"On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It appears as if the upgrade may allow anyone cooperating with [[Miner|miners]] or the administrator of a centrally controlled “[[whitelist]]” to confiscate any BSV coins from any user at any time."''
* [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:
* [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."''
''"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, Funding, Partners ==
=== Team ===
=== Team ===
* Full team can be found [here].
* Full team can be found [here].
Line 79: Line 81:
=== Funding ===
=== Funding ===
* [[Calvin Ayre]], investor
* [[Calvin Ayre]], investor
 
[[Category:Companies/Organisations]]
=== Partners ===[[Category:Companies/Organisations]]

Latest revision as of 03:38, 19 December 2022

Basics

History

Audits & Exploits

Bugs/ Exploits

"A critical flaw in Bitcoin SV’s ElectrumSV wallet has led to widespread theft, according to user reports on social media. Developers disabled the vulnerable multisig feature in ElectrumSV 1.3.8 after reports of user losses."

Reorgs

"On July 8, 2021 BSV chain had reports of an ongoing 51% attack. The attack was reported to be coming from a miner going by the name ZULUPool."

"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

How it works

Fees

Upgrades

"On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It appears as if the upgrade may allow anyone cooperating with miners or the administrator of a centrally controlled “whitelist” to confiscate any BSV coins from any user at any time."

Mining

Different Implementations

Interoperability

Other Details

Oracle 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 with (9-9-2020) an encrypted direct-messaging function that lets users send each other money in the chat.

Competition

Coin Distribution

"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%."

Pros and Cons

Pros

Cons

"On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It appears as if the upgrade may allow anyone cooperating with miners or the administrator of a centrally controlled “whitelist” to confiscate any BSV coins from any user at any time."

"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 published an allocation mining report that analyzed the mining activities of BTCBCH, and BSV and the research detailed that BSV miners are mining irrationally to protect their investment. The following day, the firm Bitgo 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, Partners

Team

Funding