Log in

Simply Explained

Simply Explained: Bitcoin Satoshi's Vision (BSV)

Updated: Aug 31, 2024
Published: Jun 9, 2022
0
Share:

The goal? Execute the vision first issued by Satoshi in the Bitcoin whitepaper: a scalable, stable, peer-to-peer cash system.

Post Feature Image

What is Bitcoin Satoshi’s Vision (BSV)?

A fork of a fork. BSV is the result of a fork of Bitcoin Cash, which in turn was a fork of the original Bitcoin.

To do this, they needed to allow the network to process tens of thousands of transactions per second while keeping transaction fees affordable enough for microtransactions to be worthwile. Removing technical restrictions on the blockchain should have made this doable.

What makes Bitcoin SV (BSV) unique?

Most of the time, we see a fork in a network to make improvements. Bitcoin is like gold, it has special properties, but is by no means perfect. What happens is, enthusiasts take Bitcoin and instead of trying to create an alternative, they take Bitcoin and turn it into something it’s not, and oftentimes it creates a warped product that half resembles Bitcoin and half resembles a pile of poop.

BSV supporters claim it’s different as its aim is to follow the original Bitcoin whitepaper. They argue that BSV is necessary because over time, Bitcoin has become a store of value asset instead of a scalable, usable means of cash. This is because its key properties of limited supply and scarcity make it more like gold than cash. The goal for BSV is to act as the cash bitcoin was “meant” to be.

Due to its unbounded block size, it can scale to meet the demands of any application and payment network without resorting to layer two solutions.

In 2021, the BSV network mined the world’s first gigabyte level blocks – reaching up to 2 GBs in August 2021. For comparison, 2 GBs is 2000 times the 1MB block cap of the Bitcoin network.

With constant development and testing of the new software, the BSV infrastructure team has already demonstrated the BSV network’s ability to handle up to 100,000 transactions per second and expects it to exceed that in the near future. With that capability, BSV could become a worthy rival to the likes of VISA.

The platform is also very attractive to developers who began on other blockchains and have now hit roadblocks because of the scaling issues discussed. This has also meant it’s an inviting entry point for institutions looking to dabble in the blockchain space.

Our Top Picks:

DOGWIFHAT

DOGWIFHAT

120,650%

SPX6900

SPX6900

17,000%

POPCAT

POPCAT

66,567%

PENDLE

PENDLE

5,002%

SOLANA

SOLANA

2,500%

HYPE

HYPE

1,740%

Don’t miss our next 100X

Trusted by 230K+ investors

The Tokenomics and Security of BSV

Just like Bitcoin, BSV is secured by the proof-of-work consensus mechanism as this was the mechanism described by Nakamoto in the Bitcoin whitepaper.

The tokenomics is also the same. There is a maximum of 21 million BSV coins in circulation. Fresh coins from this circulation are distributed to BSV miners via block rewards, which they earn by securing the network. Block rewards are cut in half roughly every four years in what’s known as ‘halving’.

Disclaimer: THIS IS NOT FINANCIAL OR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make, and only you are accountable for the results.

Get winning crypto tips in 5 minutes a day

Login or upgrade to Cryptonary Pro

Pro

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

$799

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included?

  • 24/7 Access to Cryptonary's Research team who have over 50 years of combined experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)

  • Curated list of the most lucrative upcoming Airdrops (Free Money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

Recommended from Cryptonary
Market Update: Rate Cuts Anticipated, Risk Assets Stay Supported
PRO
Market Updates
Market Update: Rate Cuts Anticipate...Markets are moving fast this week with key inflation data, shifting interest rate expectations, and ...
9 min read
Sep 9, 2025
What’s Next for Our Top Pick: Holder Ranks, Listings and Market Makers
PRO
Research Report
What’s Next for Our Top Pick: Holde...GM everyone! Despite recent short-term consolidation, this cult has been quietly growing and compoun...
12 min read
Sep 9, 2025
BTC, ETH, and More: Breakdown and Bounce, Major Levels in Play
PRO
Market Direction
BTC, ETH, and More: Breakdown and B...Markets are at crucial levels: BTC bear flag, ETH squeezes in range, SOL testing resistance. Upside ...
10 min read
Sep 8, 2025