hi guys welcome back in this video we will be talking about bitcoin sv this video is not a
financial advice it is just for educational and entertainment purpose only so please do your
own research all the links are mentioned in the description box below without further ado let's
get into it all right so this is the website of bitcoin sv you can access it by going to
bitcoinsv.com it is a global infrastructure with unbounded efficiency so over here you can have
access to fast scalable disruptive environmentally efficient ecosystems they have 1500 developers
265 apps 11 plus wallets 10 000 tx per second on many number one at coin market cap and 350 plus
companies it is not just the fastest blockchain bitcoin sv is a fastest public lecture which has
capability to support over 50 000 transactions per second but that's not all it is powered by
bitcoin scripting each transaction can be a smart contract a cryptographically secure token or an
nft the possibilities uses and benefits are truly limitless bitcoin sv is also a green technology so
they focus on co2 efficiency per transaction and outclass all the competition blockchain on coin
carbon cap since its inception environmentally this platform is directly competing with visa
which is one of the world's most used payment network yet bitcoin sv does and enable a lot
more than visa bitcoin sv has distilled the bitcoin back to its purest form it has locked
its protocol in stone it has been keeping the key economic systems and functionality described in
the white paper while combining the technology and allowing thousands of enterprises and developers
to safely build on it the key features of this network is token support tx throughput block size
instant transactions nets nft support which on chain auditing on chain storage and so much more
with bitcoin you can send as little as zero point multiple zeros one dollar anywhere around the
world instantly they do provide accessibility to peer-to-peer payments so you can pay send
money directly without the need of any expensive third parties they have next generation nfts so
they offer the lowest fees for nfc trading while enabling the largest nft file sizes when it comes
to data integrity it will allow anybody to verify and certify data and the actions performed in it
you can create documents content that cannot be changed in any way they enable secure voting
which will increase accountability transparency and accuracy of the content they have unlockable
content you can create content and communication that can only be accessed by those you wish
or those who pay they have smart contracts so you can automate the execution of agreements visibly
to all parties without any intermediary they are regulation friendly as well so bitcoin has been
designed from day one to be 100 regulation friendly when it comes to technology they do
have micro payments which are used to create a very efficient online revenue model at just
fraction of a penny when it comes to bitcoin bitcoin is a global phenomena if you don't know
which is more like a digital money it can be used to transfer money from one wallet to another
at a faster speed and lower transaction speed bitcoin essentially is a decentralized
ledger it's a network of nodes that would track various transactions without relying on third
parties so bitcoin sv is committed to advance the bitcoin protocol while adhering to the definitions
of satoshi nakamoto's original white paper here is the demo of bitcoin sv so you can try it out
because it is not only the most scalable blockchain but also one of the cheapest
transaction fees of any public proof of work blockchain right now so for instance over here
you can select your media file and then you can put your minting details so we'll put that as nfd
one test one you'll put your description over here total supply we'll put that as 200 or maybe like 2
000 for now and then i'll click min to your first nft and for the token supply you'll put that as 10
and then you'll click mint your first nft over here you can see the little demo that says that
their nft is minted and we have transaction id token id you can also click view on chain
so this was just a little demonstration to show you how that works bitcoin sv token is an open
protocol blockchain so essentially a token is a digital record of ownership of the bitcoin suite
that will be used to manage the smart contract so specifically it is a digital ledger entry that
would record the ownership right of a certain entity for a given asset each company out there
would have their own freedom so that they can make their own nft and bitcoin sv would support
a variety of token protocols so that they can meet all the demands they have a run network
which is a platform where you can build apps and token on bitcoin developers out there can create
applications using interactive objects which is known as cheeks geeks would allow you to build
anything that you can dream of so whether it's token contracts artwork elections game digital
beds and so much more so run with support full object oriented programming and arbitrary code
today and applications such as crypto fights and dura docs have shown the scalable user front
network for various applications so the starts protocol is used to create smart contracts based
token and enforce the persistence of those tokens with optimize and minimal code size
we have we do have a bit more context on the stats token then we have sensible contracts
which is a native on-chain bitcoin script and first token which is built with script language
over here you're going to find more details on the sensible contract we have ls token which uses the
metanet concept to create private permissioned ledgers for multi-signature issuance of token on
bsv blockchain then we have tokenized protocol which is open source application layer protocol
that would utilize the bitcoin sv network for you know passing authenticating and storing various
messages next we have simple fabric protocol it is for the token as the name indicates a very simple
protocol which is developed so it can add token capabilities to your apps if you want to get the
bsv token just click over here you will come to this page and on this section you're going to see
various outlets from which you can purchase your bsv token by card so for instance we have coingate
so when i click over here i can create myself an account log in pay for it and get some bsv tokens
this is the twitter page and as you can see they have made updates about the new stuff
they are working on so definitely keep an eye on it overall bitcoin sv looks quite promising
so i'm really excited to see how it turns out thank you so much for watching don't forget to
hit the like comment and subscribe i shall see you guys in my next one till then take care bye