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  • Introduction
  • BSV Blockchain
    • Blocks
    • Transactions
    • Proof of Work
    • Capabilities
    • Economic Model of Governance
    • Digital Asset Recovery
  • Network Policies
    • High-Level Architecture
    • Mining
    • Standard and Local Policies
    • Consensus Rules
    • Local Policies
  • Node Operations
    • Node Software
    • Bitcoin Server Network (BSN)
    • ChainTracker
    • Transaction Validation
    • UTXO Storage
    • Mempool
    • Block Assembler
    • Block Validation
    • Mining Software
    • Pruning transactions
    • Responsibilities of a Node
  • Light Clients and SPV Processes
    • Simplified Payment Verification (SPV)
      • Proof of Publication in a block
      • Instant Payments
      • Proof of Integrity
    • Light Clients in Blockchain
  • Transaction Lifecycle
    • Transaction Inputs and Outputs
    • Script
    • Transaction Flow
    • Constructing a transaction
    • Sequence Number and Time Locking
    • Transaction Templates
    • Transaction Processing
    • Opcodes used in Script
  • Privacy
    • Keys and Identity
    • Private vs Anonymous
    • Digital Signatures
    • Privacy in Public Blockchain
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BSV Blockchain

Single public blockchain which can scale for global usage

The BSV blockchain implements the Bitcoin protocol in its original design. It offers various capabilities that enterprises can harness to gain enhanced and novel capabilities that were not possible before the invention of the protocol. It is critical to understand that the bitcoin protocol is ‘set in stone’ and cannot be altered by any authority. It draws parallels from the TCP/IP internet layer on which the complete digital economy relies today. This is important as applications require the protocol to be stable as any change will have a cascading effect to change them. Like any other protocol, bitcoin protocol is nothing but a set of rules, categorised as global consensus rules, local configuration rules and communication related rules.

The following sections describe some of the key elements of the BSV blockchain and summarise capabilities unique only to the BSV Blockchain.

The term Bitcoin comes from an amalgamation of words, Bit (Information) and Coin (Money) making Bit-Coin, a protocol which creates a fusion of money and data

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Last updated 11 months ago