Bitcoin SV, or Bitcoin Satoshi Vision, is a protocol that was hard-forked from the Bitcoin Cash blockchain. It’s a network that is the closest to the original idea that Satoshi Nakamoto described in the Bitcoin whitepaper. The BSV fork took place in 2018 with Craig Wright as its creator who claims to be Satoshi Nakamoto himself. Bitcoin SV aims to create the original Bitcoin blockchain but with improved functionality, hence the name Bitcoin Satoshi Version.
The BSV blockchain utilizes large block sizes to keep the protocol scalable and transaction fees low. It enables massive scaling that can keep the project the same even if it becomes new money. The block size is unbounded by the platform, and it is determined by the consensus, allowing miners to pick what size block to mine. The network also utilizes the Proof-of-Work consensus mechanism. Overall, Bitcoin SV offers a stable protocol and the capability to provide micropayments.
BSV, the native token of the network, is mainly used for peer-to-peer transactions and value storage. BSV also has a limited supply, copying the amount used as a maximum by the Bitcoin network - 21 million.