What is Bitcoin?
When someone asks this question, it is important to clarify that “a Bitcoin”, the “Bitcoin Protocol”, the “Bitcoin Blockchain” and the “Bitcoin Ticker Symbol (BSV)” are commonly used interchangeably to answer the question, but they are indeed separate and unique things. Read More
Who are Miners and Why are They Important to Bitcoin’s Design?
Bitcoin’s true genius is more in its economic design than in any technical innovation. To create a payment system where participants do not have to rely an intermediary (such as a bank or payment processor) to facilitate transactions while also preventing “double-spending” of coins, Bitcoin had to create an incentive for multiple nodes in a network to maintain a copy of the same transaction ledger – so that network participants do not have to depend on any single keeper of the ledger. Bitcoin’s solution was for “miners” to provide computing power to keep a validated public history of the transactions. Read More
Who is Satoshi Nakamoto?
The vision for what Bitcoin is, and supposed to be, was outlined by its inventor Dr. Craig S. Wright, using the pseudonym Satoshi Nakamoto, in the white paper entitled “Bitcoin: A Peer to Peer Electronic Cash System” (posted online on October 31st, 2008). Read More
History of Bitcoin
Here is a brief history of Bitcoin: Read More
Protocols vs Ticker Symbols
“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 - The Bitcoin White Paper Read More
“The existing Visa credit card network processes about 15 million internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.” – Satoshi Nakamoto (April 2009) Read More
Official Bitcoin Holidays
January 3 – Genesis Block Day - On this day in 2009, the first block on the blockchain, called the “Genesis block” was constructed. Read More
Bitcoin SV has been building the technical plumbing required to become the immutable and auditable data ledger of the future. Just like the world uses a single global Internet, every business and every consumer will benefit from the world operating and storing their data on one global, public, massively scalable blockchain. Read More