The Bitcoin Association supports Bitcoin SV (BSV) as the original Bitcoin. Reflecting its mission to fulfill the “Satoshi Vision,” BSV was created to restore the original Satoshi protocol, keep it stable and enable it to massively scale. Unlike other Bitcoin projects, only Bitcoin SV has the plan for a stable protocol and plan for massive on-chain scaling to become the world’s new money and the global public blockchain for enterprise. This is critical to ignite the future of bCommerce and create a profitable ecosystem for all Bitcoin industry participants.
Meet some of the leaders of the BSV ecosystem below and see what they have to say about why they choose to build on Bitcoin SV:
We started that project 2018. We made a lot of trial and error. We started on other blockchain projects. But finally we found that BSV can resolve all the issues we have – reliability, security, scalability and regulatory compliance.
For any legitimate business that seeks to build a lasting solution, there is only one blockchain that does the job. The original protocol, Bitcoin SV, serves our needs perfectly.
It finally let me build on Bitcoin! Stable. Scalable. Low Fees. Market Forces. Proof of Work.
BSV not only scales to the level we need for commercial deployments, it does so at a fixed cost. BSV now gives us a significant advantage over client server architectures.
We were investigating other blockchain platforms until we learned about BSV and saw it delivers what we need for online games to leverage blockchain's true capabilities. BSV has the massive scaling plan to handle large data files for recording the massive amounts of data we plan to utilize, has great developer tools created by its community, and provides an audit trail.
Bitcoin SV is the most secure, scalable and cost efficient blockchain available. After hearing more about BSV's commitment to massive scaling, a stable protocol and a public (not private) blockchain, I believe only BSV can be the world's data ledger. When we merge the world's largest ERP system – SAP – with the Universal Source of Truth – the Bitcoin SV blockchain – the result will be exponentially larger than the sum of its parts.
It's been just incredible to watch and see this BSV community fueled by proof of work in the truest sense of the term. It encourages me to shut out distractions and focus on what we're building with Gravity. It's encouraging to be in a space where people are just building. That speaks to the maturity of the BSV community, and it's why we are seeing such great results. We’re seeing results because we’re focused.
Bitcoin SV is capable of changing the way we use the Internet. It completely displaces the legacy ad-based model. On BSV, individuals can own their data and send micro-transactions peer-to-peer. Twetch would not be possible without Bitcoin.
We have been building applications on Bitcoin for many years. Before Bitcoin SV, we faced scaling issues with the underlying node implementations that took our resources away from where we needed it most: our applications. Bitcoin SV is the first node implementation with no scaling limit. It works for all of our applications today and it will continue working at scale. Finally, we are able to rely on the node software and can focus all of our efforts on the application layer.
Ryan X. Charles,
After moving from BTC to BCH, and now to BSV, we can finally focus on our business without worrying about potential changes that could cost us a ton of resources. As a company is a relief knowing the capacity of BSV won't be a factor limiting our success, it already scales beyond our foreseeable needs - and keeps improving with no political drama! It just works.
Bitcoin SV is a paradigm shift in financial transactions, moving the transaction information into the public domain. This model allows regulators to have full visibility of all transactions, whilst giving certainty (via cryptographic proof) to the recipient (merchant, bank or individual) that the transaction is irrevocable. Personally-identifiable information is also protected from abuse using pseudonymous addresses, which is necessary for privacy. Appropriate regulation is welcomed by the BitcoinSV community, to allow the regulators to discharge their important duty to prevent money-laundering.
Blockchain is a revolutionary technology, and we hope to use it to develop applications with practical value. BSV is our preferred public chain infrastructure, as we can clearly see that basic development tools and different types of on-chain applications are now flourishing, and indicators like the number of transactions and the size of the blocks are becoming better and better, while all the other public blockchains are almost standing still, with no substantial progress.
I work in the field of big data and blockchain. The first time I had the chance to transfer BSV, I was pleasantly surprised by its speed and by its ultra-low cost. On that very day, our team decided to create a Bitcoin app that uses big data. This is the use of blockchain that I have been aiming to realize: transactions at extremely low costs and at normal Internet speed to give the users an exceptional experience.
There are two reasons why it is significant to invest in the development of the BSV blockchain: one reason is that Bitcoin has a very stable underlying technology; the other is the unlimited expanding potential of BSV, together with its cheap transaction fee that gives our products a great space for growth.
Becoming involved with BSV was like finding gold in troubled times. This is the real Bitcoin that can change the world. BSV is far superior to other public blockchains in every respect: in terms of in-depth and wide-ranging technologiez, and also the rapid pace of innovation. As a BSV-based app development team, we want to open up new markets through Cityonchain, a product platform connecting ordinary users and the BSV world.
Bitcoin SV is the only public blockchain that solves the problem of expansion and makes large-scale commercialization possible. As an app and wallet developer, of course, I hope that our app can be used by as many people as possible, and this can only be achieved through BSV.
BitMesh develops products and tools for Bitcon SV’s vision of the Metanet (a new, more commercial Internet for users), using the underlying wallet and development tools of its “Metaglue” platform. These include a Metanet app, Metabox’s blockchain file storage tool, Laxowallet’s first consumer integrated threshold wallet technology, and itMesh Email’s BSV-based email app.
Our belief in the potential of the original Bitcoin protocol has been realised in BSV. We can now build on a platform with the inherent benefits of blockchain technology that also meets the technical and economic demands of high volume data applications.
We believe Bitcoin is a way to promote trading, reduce cost, build up trust, reform civilization. Bitcoin’s original design, in Bitcoin SV, makes that future more possible. Join us and be part of history by creating amazing things.
Lin, Zheming ,
We studied the possibility of adding Bitcoin SV to our pool in the first half of 2019, but many miners told us, it is not profitable and there is no reason to switch to mining BSV. But over time, the situation began to change. The number of transactions on BSV began to increase, network hashrate began to stabilize, and after our visit to the Baikal Blockchain & Crypto Summit in Irtkusk, Russia in August 2019, we decided to launch this product to meet increasing demand. We see our mission in providing a high level of service simultaneously with a wide selection of cryptocurrencies. The experience of adding Bitcoin SV shows that we are on the right track.
Jahon Khabilov ,
BSV is the best chance for us to live in a universe of unlimited possibilities for all.
Jack C. Liu,
Float SV is a digital asset exchange that only supports tokenized real assets; it offers more BSV trading pairs than any other exchange. RelayX operates a superwallet that enables individuals and businesses to send and receive money with anyone, anywhere across any platform; it seeks to connect the world’s payment systems by utilizing the scale and efficiency of the Bitcoin SV blockchain.