What is Bitcoin SV?

The purpose of Bitcoin SV is to fulfill the original vision of the Bitcoin protocol as described in Satoshi Nakamoto's whitepaper. The project aims to solve the double-spending problem and provide a secure data ledger for data management and storage. The potential use cases and applications of the technology include serving as a medium of exchange, payments, social media, and online gaming. Additionally, the Bitcoin SV network offers lower transaction fees, facilitates merchant services and micropayments.

The Bitcoin SV network is a blockchain that functions according to the early rules of BTC from the original Bitcoin whitepaper, aside from the significant increase in the block size. It uses a Proof of Work consensus mechanism and has a secure data ledger for data management and storage.

Bitcoin SV differentiates itself from competitors by aiming to fulfill the original vision of the Bitcoin protocol as described in Satoshi Nakamoto's whitepaper. Its competitive advantages include lower transaction fees, facilitating merchant services and micropayments, and providing a secure data ledger for data management and storage. Bitcoin SV is considered the real Bitcoin by some, and it is the only cryptocurrency in the entire market that lives up to the original Satoshi Nakamoto's vision.