What problem does this service solve?

Bitcoin Cash SV aims to improve transaction speeds by increasing the block size of the Bitcoin Cash protocol.Sphere's goal is to create a digital currency with a fair distribution model.

Token Stats

Company Description

Bitcoin Cash SV is a cryptocurrency that was created as a result of a hard fork of the Bitcoin Cash blockchain that occurred on November 15, 2018. The central issue that led to the hard fork of Bitcoin Cash was a debate among prominent members of the Bitcoin Cash community regarding block size. A larger block size can improve transaction times, but also lead to greater network centralization. Roger Ver, an influential cryptocurrency advocate, was one of the central figures in favor of keeping the smaller 32 MB block size, while Craig Wright, the chief scientist at nChain, favored a larger 128 MB block size. The division between these two factions led to the hard fork that created Bitcoin Cash ABC and Bitcoin Cash SV.

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

Ratings

(0)

(0)