Bitcoin has seen a lot of changes since Satoshi Nakamoto introduced it to the world in 2009. As the coin gained popularity in the mid-2010s, a tug-of-war ensued among developers over the blockchain’s direction. While many supported restricting the chain and making it more of a store-of-value, others wanted to see through Satoshi’s vision of a peer-to-peer payment network.
And this is the crux of Bitcoin Satoshi’s Vision (BSV), when it was founded in 2018. The blockchain is a fork of Bitcoin Cash, with the goal of reinstating Bitcoin as a means of transfer through high scalability, while removing restrictions placed on the original chain. The protocol also supports smart contracts and small payments with minimal gas fees.
BSV is the blockchain’s native token that can be used for transactions on the network.