BSVETH
Bitcoin SV / Ethereum
crypto

Bitcoin SV is a Bitcoin Cash hard fork prioritizing what the creators consider strict adherence to Satoshi Nakamo's original Bitcoin client. It views cheap peer-to-peer transactions as the core value proposition of the network and is dedicated to increasing block sizes and on-chain transaction throughput in pursuit of this goal. Bitcoin SV, the protocol, is a distributed, time-stamped ledger of unspent transaction output (UTXO) transfers stored in an append-only chain of 512MB data blocks. A network of mining and economic nodes maintains this blockchain by validating, propagating, and competing to include pending transactions (mempool) in new blocks. Economic nodes (aka "full nodes") receive transactions from other network participants, validate them against network consensus rules and double-spend vectors, and propagate the transactions to other full nodes that also validate and propagate. Valid transactions are sent to the network's mempool waiting for mining nodes to confirm them via inclusion in the next block. Mining nodes work to empty the mempool usually in a highest-to-lowest fee order by picking transactions to include in the next block and racing against each other to generate a hash less than the target number set by Bitcoin SV's difficulty adjustment algorithm. Bitcoin SV uses a Proof-of-Work (PoW) consensus mechanism to establish the chain of blocks with the most accumulated "work" (a.k.a., energy spent on solved hashes) as the valid chain.