Topic: BSV, how does it work? (Read 142 times)
In particular I don't understand clearly how it works, but BSV for now only becomes a spectator when the price of bitcoin rises tremendously. From the experience that I have passed one year, it turns out that only bitcoin (BTC) provides opportunities for traders like me. I forget for a moment Bitcoin Cash and BSV for now.
Bitcoin SV (BSV / BCHSV) is a modified version of the Bitcoin Cash protocol. Bitcoin SV intends to bring the BCH protocol closer to the original Bitcoin protocol with Satoshi's Vision, according to the statement from the homepage. One big change is to increase the maximum block size to 128 MB.
a bunch of scammers including Craig Wright and Roger Ver created a copy of bitcoin called bitcoin cash back in 2017 to make money by scamming people, manipulating the difficulty, and a ton of other things. as they earned money for a while and things started to slow down, one of the scammers called Craig Wright decided what he had scammed was not enough so he with help of some others created another copy of this copy and called it BSV and started scamming more people through that.
the new coins are being created just like bitcoin (since they are copies of it) through mining and each block gives a 12.5 block reward. however since they are copies if you had coins before each of them forked in their blockchain you own the same coins on their chain too.
so if you had bitcoin in 2017 before they copied bitcoin aka forked, you have both BCH and BSV right now. but if you had BCH before BSV forked, you now have BCH and BSV as an airdrop free coin to dump.
the new coins are being created just like bitcoin (since they are copies of it) through mining and each block gives a 12.5 block reward. however since they are copies if you had coins before each of them forked in their blockchain you own the same coins on their chain too.
so if you had bitcoin in 2017 before they copied bitcoin aka forked, you have both BCH and BSV right now. but if you had BCH before BSV forked, you now have BCH and BSV as an airdrop free coin to dump.
Do BSV's get issued like BCH did in 2017?
All these shitcoin forks are kinda confusing...
BSV is a fork coin from BCH caused by faketoshi has a different vision and that's why he was creating a shitcoin that called BSV. All these shitcoin forks are kinda confusing...
Bitcoin gets forked by some greedy person and we have BCH, Super bitcoin, bitcoin gold, and more crap fork coin. But BSV has born from the fork of BCH. But i would like to call that fork from bitcoin too.
The different vision between bitmain and roger against blockstream
Do BSV's get issued like BCH did in 2017?
All these shitcoin forks are kinda confusing...
All these shitcoin forks are kinda confusing...
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