What is Bitcoin SV (BSV)?

Deep Dive

1. Purpose & Value Proposition

BSV aims to fulfill Bitcoin’s original goal as a global payment system and data ledger. It diverged from Bitcoin Cash (BCH) in 2018 to reject protocol changes and restore features like uncapped block sizes and original scripting capabilities (CoinMarketCap). This design targets enterprise adoption, enabling applications such as micropayments, supply chain tracking, and tokenized assets without relying on second-layer solutions.

2. Technology & Architecture

BSV’s protocol allows blocks exceeding 2 GB (vs. BTC’s 1 MB), processing up to 1 million transactions per second in testing. Its Teranode upgrade, in development as of August 2025, uses microservices to horizontally scale throughput, aiming to surpass Visa’s capacity. Transactions cost fractions of a cent, making it viable for high-volume data use cases like IoT or streaming.

3. Key Differentiators

Unlike BTC and BCH, BSV emphasizes protocol stability, locking its rules to ensure developer predictability. It also re-enables opcodes (script commands) disabled in BTC, allowing complex smart contracts and tokenization directly on-chain. Projects like Consigliere (a real-time BSV token tracker) and partnerships with analytics firms like Chainspect highlight its focus on enterprise-grade tooling.

Conclusion

Bitcoin SV positions itself as the “original Bitcoin” with scalability for global commerce and data applications. While its technical capabilities are robust, broader adoption hinges on overcoming market perception and regulatory challenges. Can BSV’s stability and scalability attract developers away from more flexible, but fragmented, blockchains?