What are the differences between Bitcoin SV and Bitcoin?

1 answers

• Mar 19, 2022 · 3 years ago
  Bitcoin SV and Bitcoin have different approaches to governance. Bitcoin SV follows a more centralized governance model, with a development team led by Craig Wright and nChain having significant influence over the protocol's direction. On the other hand, Bitcoin's governance is more decentralized, with decisions being made through community consensus and the involvement of various developers and stakeholders. This decentralized governance model is seen as a strength by many Bitcoin supporters, as it prevents any single entity from having too much control over the network. Overall, the differences between Bitcoin SV and Bitcoin lie in their approach to scalability, block size, transaction speed, and governance, which ultimately shape their respective strengths and weaknesses in the cryptocurrency ecosystem.
  816408