Skip to main content

Bitcoin SV Roadmap requires an access password

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.

Comments

Popular posts from this blog

China Launches Blockchain-Based Service Platform for Global Trade

Six months after the launch of the beta test, China's blockchain-based service network (BSN) has officially opened to the global commercial market. China Launches Blockchain-Based Service Platform for Global Trade Government officials and heads of organizations met on April 25 in Beijing to announce the public launch of the BSN network. BSN is a global infrastructure that helps Blockchain projects design and operate Blockchain and crypto applications at a lower cost. At the same time, the network also promotes the development of smart city and digital economy. BSN was implemented by the cooperation of China Mobile, China UnionPay, and Huobi China. You may be interested: Director of BIS Innovation Hub: COVID-19 reveals the value of DLT Good start Both businesses and individual developers have expressed interest around the Blockchain-based Service Network. According to the report, more than 2000 developers have tested BSN within 6 months since the beta was announced on October 15, 20...

Director of BIS Innovation Hub: COVID-19 reveals the value of DLT

Benoît Cœuré, director of the Innovation Hub at the Bank for International Settlements, recently said that central bank digital currencies, or CBDCs, crypto, have been “highly centralized.” amid the corona pandemic. On April 17, speaking during a webinar organized by Accenture, the Bretton Woods ReReinventing Committee and the Chamber of Digital Commerce, Cœuré said that “the crisis has revealed the value of technologies that have the potential to help the industry. economic expansion of its activities”. He also revealed that the Bank for International Settlements (BIS) is looking into tokenization or crypto as a possible solution, to restart some segments of the economy during the lockdown period because of Covid-19. Corona pandemic reduces cash consumption The head of Innovation Hub highlighted the decline of cash payments during the Covid-19 pandemic, and affirmed that the current economic situation creates a lot of discussion around CBDCs: “Central bank digital currency is being di...

Compare Bitcoin investment and Bitcoin trading at Primexbt

In recent months in 2021, bitcoin has broken out in value from $5,000 to $69,000, attracting a huge wave of interest from both professional and casual traders. When participating in this volatile bitcoin trend, the first thing you need to do is decide whether to trade or invest in this cryptocurrency.The suitability of these two options depends on many factors, ranging from a willingness to take risks to a long- or short-term investment strategy. To help you make the right decision, we've listed some characteristics of both below: Bitcoin Trading on primexbt It is possible to speculate on the price without actually owning it Leverage can be applied to open a position with a very small amount of money Can trade quickly without having to wait for the exchange It can find opportunities to sell and buy BitcoinsGreater short-term profit potential, while also higher risk Invest in Bitcoin Allows you to get the most out of your purchased bitcoin ownership Must make purchases through excha...