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Bitcoin SV (BSV) is a digital currency that emerged in 2018 as a result of a hard fork from the Bitcoin Cash (BCH) blockchain. It is intended to be a more scalable and efficient version of Bitcoin, featuring a bigger block size and quicker transaction speeds.
As a fork of Bitcoin Cash, Bitcoin SV boasts a block size of 2 gigabytes, significantly surpassing Bitcoin's 1-megabyte block size. Its increased transaction processing capacity enables it to achieve greater scalability.
The team behind Bitcoin SV comprises developers, entrepreneurs, and advocates dedicated to enhancing the scalability, efficiency, and eco-friendliness of the BSV cryptocurrency. Craig Wright, an Australian computer scientist, leads the team at Bitcoin SV.
The name of the utility token for Bitcoin SV is BSV. BSV is intended to be a more scalable and efficient iteration of Bitcoin, featuring a greater block size and quicker transaction speeds.
BSV has a total supply of 21 million tokens, just like Bitcoin. Each block rewards 6.25 BSV tokens and has a block time of 6 seconds, and transaction fees are usually very low.
To stake BSV, you must first select a staking service. Users can stake BSV on OKX Earn, which provides an estimated one percent APY on flexible terms for staking. You can begin earning rewards immediately and have the option to unstake your BSV at any time.
Bitcoin SV (BSV) is a cryptocurrency that was created in November 2018 through a hard fork with Bitcoin Cash (BCH). It is designed to be a more effective and easily expandable version of Bitcoin. This is achieved through a larger block size, which makes it possible to process more transactions on the blockchain.
A key benefit of the BSV blockchain is its high scalability due to its large block size. Since large blocks can take more transactions at a time, the BSV blockchain processes a large number of transactions each second.
BSV also boasts high throughput, resulting in swift and cheap transaction processing fees. Bitcoin SV is therefore more efficient than most blockchains.Lastly, the BSV blockchain is secured through a network of miners competing to solve hard mathematical problems to ensure its security. This feature enhances safety and makes it highly resistant to potential attacks.
Easily buy BSV tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include BSV/USDT, BSV/USDC, and BSV/BTC.
You can also buy BSV with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.
Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for BSV with zero fees and no price slippage by using OKX Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into BSV, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.