💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Calvin Ayre: Bitcoin SV (BSV) is the Real Bitcoin

Published 12/12/2018, 10:46 AM
Updated 12/12/2018, 12:01 PM
 Calvin Ayre: Bitcoin SV (BSV) is the Real Bitcoin
BTC/USD
-

Calvin Ayre, founder of Coingeek and proponent of Bitcoin SV (BSV), has finally outlined the vision for the new network - to compete for the status of the de facto Bitcoin. However, it is unknown whether he would actually fight to displace the BTC ticker, or use the statement as a message to the community.

https://twitter.com/CalvinAyre/status/1072757427710246912

Bitcoin SV has quite a different set of features compared to Bitcoin. The chief aim would be to propagate large blocks - a feat that may require a certain centralization of miners and node operators. Bitcoin SV has seen up to 512 nodes, but with four chief miners controlling 75% of the hashrate.

But the strangest statement from Ayre is that Bitcoin SV would be friendly to governments and enterprises:

https://twitt...


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.