“The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”
– Satoshi Nakamoto
Bitcoin SV is the original Bitcoin. It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System
Reflecting its mission to fulfil the vision of Bitcoin, the project name represents the “Satoshi Vision” or SV. Created at the request of leading BSV mining enterprise CoinGeek and other miners, Bitcoin SV is intended to provide a clear choice for miners and allow businesses to build applications and websites on it reliably.
Bitcoin SV restores the original vision to ignite the future of Bitcoin:
- Bitcoin, as restored in Bitcoin SV can replace every payment system in the world with a better user experience, a cheaper merchant cost, and a safer level of security.
- Businesses can trust the Bitcoin SV brand to provide the stability and scale they need to commit investment and resources to use the BSV blockchain.
Read more about the Satoshi Vision here.
The Bitcoin SV project was created at the request of and sponsored by Antiguan-based CoinGeek Mining, with development work initiated by nChain. The project is owned by the Antiguan-based Bitcoin Association on behalf of the global BSV community, and the Bitcoin SV code is made available under the open source MIT license.