Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018 resulted in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining with development work by nChain.
Volume (24h) $ 545 103 026.54
MARKET CAP $ 2 876 452 903.18
Bitcoin SV (BSV) is a cryptocurrency designed by the nChain company. Bitcoin SV was announced on August 16, 2018 and is described as an attempt to restore the original Bitcoin protocol. The SV acronym stands for “Satoshi Vision”, representing the goal of building the cryptocurrency as it was conceptualized by the Bitcoin developer. The original Bitcoin white paper is mentioned as the core document of the project on the Bitcoin SV website. Bitcoin SV is a product of the Bitcoin Cash hard fork that happened on November 15 and is maintained by the development team led by the nChain employees - Daniel Connolly and Steve Shadders. The Bitcoin SV price is highly volatile, but the crypto was fast to become one of the top-10 cryptocurrencies in terms of market capitalization and is actively traded on most cryptocurrency exchanges.