Bitcoin Loses to BSV in Daily Transaction Volume Due to Low Payments That BTC Does Not Handle

Libra Coin News
Mon, 10/07/2019 - 12:38
Yuri Molchan
Bitcoin SV surpasses Bitcoin in the number of daily transactions, recording around 10,000 TPS more than BTC on October 6
Cover image via U.Today

 

A member of the BSV community has shared some data on his Twitter page about Bitcoin Cash SV surpassing the original cryptocurrency Bitcoin in the number of transactions per day.

The Twitter user @BHoarder1 published a post which shows that specifically on October 6, there were around 10,000 transactions more in the Bitcoin SV network than on the Bitcoin chain.

 

The website bitinfocharts shows that BSV comes 4th after Ripple, Ethereum, and Bitcoin regarding daily transaction volume.

Image by https://bitinfocharts.com 

 

However, yesterday, BSV managed to outperform BTC. This may have happened due to the fact that the you can even send $0.30 via BSV network which is impossible for BTC due to its high fees.

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Still, since sources of data on bitinofocharts.com are not clear, the information it shares may be not entirely accurate.

Which currency in your opinion will have a better future - Bitcoin or Bitcoin SV? Let us know in the comments below!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.


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