Even if you are interested in reading the Roadmap (development plan) of Bitcoin SV, you can no longer easily access it. This roadmap has been secured with a password for reasons that are not clear. Let's learn about this issue with primexbt trading in the following article:
1. Roadmap is kept secret
Bitcoin SV, a fork of Bitcoin Cash created by self-proclaimed ‘Satoshi’ Craig Wright, recently underwent a halving event. Overall, the event did not produce a significant bullish effect. In the last two days, the hashrate (hash rate) of Bitcoin SV is falling deeply. With profits and prospects both shrinking, miners are not interested and have spent too much money trying to push the price of BSV but have not been successful.
In the midst of this sensitive time, Bitcoin SV decided to close the roadmap. When accessing the official address of Bitcoin SV, you will see that the roadmap is protected by a password. Only those with the key can see the current roadmap.
Bitcoin SV promises to be a public currency and is promoted as a “decentralized” version of Bitcoin. But at this point users can't even see the future plans of the coin - in case the coin's creator has a long-term strategy in place.
See more: Russian Cybercriminal Sells $13 Million in Counterfeit Coins for Crypto
2. Long-term prospects of BSV
With the hashrate plummeting and without a clear long-term plan, BSV is in a tough spot. Despite constantly drawing attention to himself to increase the value of BSV, this method of the founder is gradually losing its effectiveness. After a year full of lawsuits and controversies, BSV's profile is now full of negativity, on par with other controversial virtual currency projects like TRON (TRX).
The Halving event was supposed to be the most important event for the BSV network, but in reality its impact was not very noticeable. The market doesn't seem to have any significant feedback. Miners find promising opportunities elsewhere, while BSV cannot last forever on strong statements and attention. Without access to the Roadmap, one cannot know what to expect. With a market cap of $3.3 billion at press time, BSV could still take a hit.
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