Bitcoin SV (BSV) split from Bitcoin Cash in November 2018 in a hard fork led by groups who wanted to keep larger blocks and the original Bitcoin script set. It shares the 21 million coin cap and the SHA-256 mining of Bitcoin, but raises the block size limit so more transactions and data can settle directly on the base chain. Here is how it works and what it is used for, not the price.
Total value locked (DeFi)
n/a
Value locked in DeFi protocols on Bitcoin SV. Updated Jun 8, 2026. Source: DefiLlama.
Miners run the SHA-256 hashing algorithm to compete for the right to add the next block, the same function Bitcoin uses. The chain with the most accumulated work is treated as valid, which secures the ledger through energy and hardware cost. BSV keeps roughly ten minute blocks but removes a fixed cap on block size, so block contents can grow as miners accept larger blocks.
Consensus: Proof of Work (SHA-256)
Miners run the SHA-256 hashing algorithm to compete for the right to add the next block, the same function Bitcoin uses. The chain with the most accumulated work is treated as valid, which secures the ledger through energy and hardware cost. BSV keeps roughly ten minute blocks but removes a fixed cap on block size, so block contents can grow as miners accept larger blocks.
Large blocks
BSV removes the fixed block size limit so more transactions and data can fit in each block, aiming to scale on the base layer rather than on separate networks.
Restored script
The fork re-enabled Bitcoin script operations that other chains disabled, which supporters use for on-chain data and contract-style logic.
Low per-transaction fees
Higher block capacity is intended to keep the fee paid for each transaction small even when volume rises.
Data on chain
BSV is used to write application data and timestamps directly into transactions, treating the ledger as a public data store as well as a payment rail.
Ecosystem & usage
What Bitcoin SV is used for.
BSV is used for payments, token issuance, and writing application data directly onto its base chain.
Peer-to-peer payments
Send BSV between wallets as a Bitcoin-style payment with low per-transaction fees.
On-chain data
Record documents, timestamps, and application records inside transactions on the public ledger.
Micropayments
Small low-fee transfers suit pay-per-use and metered payment patterns.
In Zypto App
Hold, swap and spend BSV.
Bitcoin SV is integrated in Zypto App. Hold BSV in self-custody, swap it to any supported asset, and use it across Zypto’s features.
No. Bitcoin SV is a separate blockchain that forked from Bitcoin Cash in 2018, which itself forked from Bitcoin. BSV and BTC are different networks with different rules and separate tokens.
What does the SV stand for?
SV stands for Satoshi Vision, the project name used by its backers to signal an aim of following the original Bitcoin whitepaper design.
What is the supply of BSV?
BSV uses the same 21 million coin cap as Bitcoin, released to miners through block rewards that reduce over time.
Why does BSV use large blocks?
Larger blocks let more transactions and data settle on the base chain, which the project favors over moving activity to separate scaling networks.
Can I hold BSV in Zypto App?
Not yet. BSV isn't in Zypto App at the moment. You can hold it in any self-custodial wallet, and you can ask us to add Bitcoin SV using the "Request Bitcoin SV" button above.
