Bitcoin SV, or BSV, came out of the Bitcoin Cash hard fork on November 15, 2018, at block 556767. That split created two separate chains: Bitcoin ABC and Bitcoin SV. In the source material, “SV” is presented as Satoshi Vision, with the project framed around low transaction fees, scalability, and security.
How BSV was framed after the Bitcoin Cash split
The article says BSV tried to distinguish itself through aggressive block-size expansion. Its earlier plan called for blocks of 128 MB, then 512 MB, with an eventual target of 1 TB. At that scale, the source claims the network could theoretically process 6.5 million transactions per second. It also states the block limit had already been raised to 2 GB, and that the restriction was expected to be removed in February 2020. The stated logic is simple: keep individual transaction fees low while using much higher throughput to increase total fee revenue for miners.
Seven wallets listed for storing and using BSV
The source highlights seven wallets. Exodus is described as a multi-currency HD wallet available on Windows, macOS, and Linux, with Android and iOS apps added later. At the start of 2020, the article says Exodus supported more than 100 cryptocurrencies and tokens. It also allows locally created private keys to be exported, and its interface is presented as beginner-friendly. Coinomi is listed as one of the older multi-currency wallets, dating back to 2014, with more than 1 million active users according to the source. The write-up emphasizes anonymous use, no KYC support, and a stripped-down feature set.
Edge is positioned around decentralization and user control of funds, with the source saying neither Edge nor other third parties can access user assets. HandCash is different. It only works with BSV and does not support Bitcoin Core or Bitcoin Cash, while transfers can be made by username and balances are shown in local currency. Centbee is another mobile-focused option, built around sending BSV to phone contacts and securing the wallet with a 12-word seed phrase and a PIN.
Dedicated BSV support versus broader multi-chain wallets
For users looking for a wallet built specifically for the asset, ElectrumSV is the dedicated desktop option in the list. The source says it includes a coin-sharing feature that helps users receive BSV tied to BCH holdings from before a fork, and it can also work with certain hardware wallets that do not natively support BSV. Bitpie, developed by the team behind Bither, is presented as a multi-currency wallet with multi-chain support, instant exchange, access to the BitHD cold wallet, and entry to dApp services.
At the end, the source adds that hardware wallets remain an option for BSV storage as well. It specifically notes that Ledger Nano S and Ledger Nano X are compatible with ElectrumSV.