Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BitcoinSV
First Came Bitcoin, Then Came Bitcoin Cash and Bitcoin SV
Understanding the difference between Bitcoin, Bitcoin Cash, and Bitcoin SV first requires looking into what hard forks are. Then, they explain how the two latter networks or cryptocurrencies were created from Bitcoin. Blockchain developers forked Bitcoin to create Bitcoin Cash (BCH) the same way they forked Bitcoin Cash to create Bitcoin SV (Satoshi Vision, BSV). So, it is right that BCH and BSV are tweaked versions of BTC. Hard forks are irreversible or permanent changes implemented on a blockchain network.…
5 years ago
The Beginner’s Guide to BitcoinSV (BSV)
BitcoinSV (BSV) is a cryptocurrency that was forked due to a civil war that broke out among some pioneering members of the Bitcoin Cash community. Though the fork was announced earlier in August 2018, it took place on November 15 2018, bringing Bitcoin SV (Satoshi Vision) and Bitcoin ABC (Adjustable Block-size Cap). The team behind Bitcoin SV envisions fulfilling the dream of Satoshi Nakamoto by creating a cryptocurrency that can be used as a peer-to-peer payment method while ruling out any…
5 years ago