And on the third day he decided to get serious

And on the third day he decided to get serious. Sort of.

Three days ago I made a decision to publish on every day for a year. On day one, I talked about peanut butter. On day two, I wrote about the word 'whoa'.

And on day three - ie, today - I'm gonna break down the difference between Bitcoin, Bitcoin SV and Bitcoin Cash.

And before you start rolling your eyes, I'm gonna go ahead and make it clear that this'll be

Bitcoin Cash (BCH) originated from a Bitcoin's hard fork in 2017. Bitcoin SV (BSV) originated from a Bitcoin Cash's hard fork one year later.

Just like BTC, both are limited to 21 million. The circulating supply is roughly the same as that of Bitcoin and that is around 19.2 million coins, or roughly 92% of the total supply.

Both are mineable as both rely on Proof-of-Work. Just like Bitcoin.

is trading at $42.50 at the time of writing, with a market cap of $826k.

is trading at $122.44, with a S2.36 million market cap.

In short, BCH proponents believe that the original Bitcoin protocol was the way to go, but it was flawed. And the only way to accelerate transaction times and reduce fees now that the Bitcoin network is clogged up and congested is to increase block size.

Which they did, with a hard fork.

The problem is that BCH kept evolving and other proponents were like, "no, wait. This is perfect now. Stop fiddling with it."

Before long, a faction decided to go ahead with another hard fork because they believe that BCH was beginning to drift away from the original protocol.

Hence the hard fork that led to the creation of BSV.

And by the way, SV stands for Satoshi Vision.