No.145
Bitcoin SV BSV
The little brother who split from BCH and swore HE was the real heir
๐ญ The breakaway sibling, still racing BCH to prove who truly carries Satoshi's vision
๐ฌ "My big brother BCH thinks he's the real heir? Please. He put the block down because it got heavy. I made mine bigger. THAT is what Satoshi wanted. Right? โฆRight?"
- It's the coin that broke away from its sibling Bitcoin Cash (BCH) in a 2018 fight.
- Where BCH grew big blocks, BSV grew them even bigger, to cram in more payments and data.
- Same PoW and the same 21 million coin cap as Bitcoin. What sets it apart isn't really the tech. It's the feud, and the controversy around it.
๐ The Story
Two brothers with the same face, arguing over the same inheritance. That's the heart of this story. Bitcoin Cash had already left home in 2017, certain it was the true keeper of Satoshi's "electronic cash" idea. Then in November 2018 the family quarreled again, and this time it got ugly: on November 15 the two camps pointed their mining machines at each other in what people called the "hash war." When the dust settled, BCH kept the old name. The younger one walked off with a new one and a bigger block strapped to its back. It called itself Bitcoin SV, short for Satoshi Vision.
The sibling rivalry was simple, really. BCH said big blocks. The little brother said bigger. Whatever load BCH was willing to carry, BSV wanted to carry more, insisting that was the whole point, pack every transaction and scrap of data into one fat block, the way it claimed Satoshi always intended. It started life worth about $96 a coin and a head full of conviction.
The trouble was its champion. Craig Wright, the man leading BSV, kept insisting "I am Satoshi", the actual creator, back to settle the family argument once and for all. The other coins rolled their eyes. In March 2024 a London court agreed with them and ruled flatly that Wright is not Satoshi. The price sagged. And the youngest brother was left exactly where it started: still hauling the biggest block, still swearing it's the only one who really understood Dad.
๐ Stats
๐งฉ How it works
Bitcoin SV is mined exactly like Bitcoin, using proof-of-work (PoW). Computers solve hard math puzzles to build "blocks" that bundle up transactions. The one big difference from Bitcoin is this, it makes those blocks much larger. The bigger the block, the more transactions and data it can hold at once.
๐ Light & Shadow
- It out-blocks even its big-block sibling BCH, so a single block can hold a huge pile of transactions and data
- Same hard 21 million coin cap as Bitcoin and BCH (no endless new supply)
- Runs on the same battle-tested proof-of-work (PoW) the whole family uses
- Its champion Craig Wright staked everything on "I am Satoshi," and a 2024 London court ruling said no (the price slid afterward)
- The rivalry cost it dearly: in 2019 major exchanges like Binance delisted it, and in 2021 attackers hit the network with 51% attacks more than once
- Next to its sibling BCH, BSV ended up the more isolated of the two forks
๐งฌ Evolution Tree
Bitcoin SV is Bitcoin's grandchild. Bitcoin Cash (BCH) split off from Bitcoin, and Bitcoin SV split off from that Cash. It's a sibling to today's BCH, which broke away in the same 2018 fork.
โป 2017: Bitcoin โ Bitcoin Cash. 2018-11-15: Bitcoin Cash โ Bitcoin SV. It's a sibling to today's BCH (ABC), which split off in that same 2018 fork.
๐งญ Meet other friends
โ FAQ
- What is Bitcoin SV (BSV)?
- It's a coin that split off from Bitcoin Cash (BCH) in November 2018. "SV" stands for "Satoshi Vision", the idea that it carries on Satoshi's original plan of big blocks and electronic cash. Its main difference is that it made blocks much larger.
- How is it different from Bitcoin?
- Both are mined with proof-of-work (PoW), and both have the same 21 million coin cap. The biggest difference is that BSV made its blocks far larger, so it can pack more transactions and data into each one. Think of it as Bitcoin's grandchild.
- What's the Craig Wright controversy?
- Craig Wright, who led BSV, claimed he was Satoshi Nakamoto, the creator of Bitcoin. But in March 2024 the UK High Court ruled that Wright is not Satoshi, and the price fell afterward.
- Is BSV safe?
- In 2019 big exchanges like Binance delisted BSV, and in 2021 it was hit by 51% attacks several times. It's a controversial coin, so if you ever buy it, understand the risks and only use a small amount carefully. (This is information, not investment advice.)
โ ๏ธ Not investment advice. All figures are for information only (MOCK ยท 2026-06-04).