Binance takes the lead in Bitcoin SV production after criticizing Craig Wright and delisting the coin

Binance's cryptocurrency exchange mining pool came in first place in terms of Bitcoin SV production volume with a 26.39% share. This is evidenced by the data from CoinDance analytical portal.

In terms of production Binance twice surpassed the pools of Huobi, ViaBTC and SVPool for the last 24 hours. Unidentified pools accounted for 21.53% of coins in bsv coin network.

Source: CoinDance.

At the same time, the pool rose from eighth to sixth place in the bitcoin hash. Currently, Binance accounts for 7.3% of the total computing power of the first cryptocurrency network. At the same time, BSV production is more profitable than BTC mining, according to CoinDance.

Source: CoinDance

Last April, Binance CEO Changpeng Zhao harshly criticized Bitcoin SV supporter Craig Wright. He wrote that he was not Satoshi Nakamoto and promised to remove BSV from the platform listing if Wright continued to call himself the creator of Bitcoin.

Three days later, a delisting notice for the coin appeared on the official Binance blog. The specific reasons for this decision remained unnamed.

In June last year, Craig Wright spoke at the Bitcoin Satoshi Vision conference in Toronto, accusing Binance, Tether and Bitfinex of involvement in human trafficking. In October, he said that Changpeng Zhao is "a scumbag and a crook who will go to prison sooner or later.

In February this year, Zhao again called Wright a scammer and added that investigations into him would not end well. Commenting on the Cointelegraph statement, the head of Binance pointed out that Wright has no remote evidence of Bitcoin involvement.

Twitter users have responded to the growing share of Binance's pool in the BSV network. Crypto blogger SirToshi was surprised how the new achievement of the exchange is consistent with recent accusations by Zhao.

A Bitcoin SV supporter under the pseudonym Stevechatter suggested that Binance may return the coin to listing as soon as possible.

Recall that in early May, the mining pool Poolin announced a halt in the production of Bitcoin SV cryptovoltaic currency.

Detailed description: 

1. Contents

2. Road Map

3. Development team

4. Where should I keep it?

5. How do you keep it?

6. How to get?

7. Where to buy?

8. Forecast

Bitcoin SV is a hardfork of Bitcoin Cash that took place on November 15, 2018. The coin seeks to preserve the essence of the original Bitcoin. The Bitcoin SV will support Satoshi Nakamoto's vision as outlined in Bitcoin's white paper.

The name of the project reflects its mission: "Satoshi Vision" or SV. Created at the request of the leading mining company BSV CoinGeek and other miners, Bitcoin SV allows companies to reliably create applications and websites.

Like Bitcoin, bsv coin can replace the world's payment system with cheaper fees, convenience and, most importantly, complete security.

Companies can trust and invest in the Bitcoin SV brand to provide the stability and scale needed to use Bitcoin SV.

The Bitcoin SV project was created at the request of Antiguan-based Coingeek Mining (also sponsored by them) and the development was initiated by nChain. The project is owned by the Antiguan-based association bComm on behalf of the global BSV community, and the Bitcoin SV code is available under an open source MIT license.

Simply put, it is just a BCH fork without any innovation, new mission or anything else. Their main goal is to be like Bitcoin, only more scalable.

Note that the cryptocurrency has worked with the community from the very beginning. There was a vote on Twitter to change the logo proposed by bComm, and the new logo was successfully adopted.

Road Map

The Bitcoin SV project starts by restoring what was in the original Bitcoin protocol.

• Scalability

• Security - a lot of effort and expertise will be put into monitoring security and identifying vulnerabilities.

• Exchanges

• Marketing companies

• Conclusion of contracts with large companies

• Development team

The leading developer is Daniel Connolly, who joined nChain after 20 years in corporate systems and held senior IT positions in various institutions. For several years Daniel has made anonymous contributions to support the development of Bitcoin, participated in the Electron Cash project and was the main sponsor of the BitcoinJ-Cash project.

Steve Schadders will serve as Technical Director, overseeing the project and liaising with sponsors and industry players. Steve began contributing to Bitcoin in 2011, creating one of the first open source engines for mining and was one of the first members of BitcoinJ.

Where should I keep it?

You can store Bitcoin SV coins on numerous third-party wallets.

Please note that most of the wallets offered by developers are in Beta mode and do not carry a 100% guarantee of reliability.

CashPay - only for BCH coins and its forks.

Coinomi - allows you to store not only Bitcoin SV, but also hundreds of other crypt currencies https://www.coinomi.com/en.

Atomic Wallet https://atomicwallet.io

Bitaddress https://www.bitaddress.org/bitaddress.org-v3.3.0-SHA256-dec17c07685e1870960903d8f58090475b25af946fe95a734f88408cef4aa194.html

Bitpie https://bitpie.com

CashPay Wallet https://www.cashpay.solutions/wallet

Centbee https://centbee.com

Edge https://edge.app

Guarda https://handcash.io

HandCash - https://handcash.io

Hivr application for android https://play.google.com/store/apps/details?id=com.hivr.bch.bitcoincash.production&hl=en_US

Hodler Tech https://hodler.tech/

NextCash https://nextcash.tech/

Pixel Wallet https://play.google.com/store/apps/details?id=cash.bitcoin.app.pixelwallet

Simply Cash https://simply.cash

You can also keep the coins directly on the exchange where they are traded.

How do you mine?

Bitcoin SV coin works on SHA256 algorithm (POW mining), which means that it is mined only with the help of asykes.

To start with, you need to buy an asycoon for this algorithm or use the one you have.

Next, you need to set up an asynxis for the pool. Svpool https://svpool.com is the official pool of coins. In the near future, the pool will not charge you a commission.

How do I get it?

To bait on ashiks.

Find the most profitable coin on the GPU and sell it on the exchange on the same day in exchange for BSV.

Buy on the stock exchange

Participate in project development, for which you will be rewarded

Where can I buy it?

Bitcoin SV trades at the following venues:

Forecast

There have been many disputes about this fort. Having evaluated this coin, we can safely say that this is a bench. The bench, which does not carry anything in itself, is not trying to create something new, and trying to leave on the ringing words, a lot of money and recognition.

It should be noted that despite the fact that the project has active social networks, almost nothing is written on the case. Also, a project of this scale should have an active Github, especially if they see themselves as Bitcoin (which has an activity of branch updates about every 5 minutes), which can't be said about BSV with activity once in 8-10 days.

Despite the fact that this is obviously a hippie, the coin has a huge chance to hike, since it is relatively fresh and has never hipped yet, it is still ahead. Plus, it's in the top 20 for capitalization.

Also, the coin will grow along with Bitcoin, so in the case of the hippe, the rate will rise and BSV.