BitBay (BAY) vs Bitcoin SV (BSV) Comparison
BitBay (BAY) and Bitcoin SV (BSV) are both cryptocurrencies that have gained significant popularity in the digital asset market. In this review, we will compare and contrast the features, advantages, and disadvantages of each to help investors make an informed decision.
Overview and Background
BitBay is a decentralized marketplace that enables users to buy and sell goods and services using cryptocurrencies. It was founded in 2014 and has since expanded its services to include a cryptocurrency exchange, wallet, and other features.
Bitcoin SV is a fork of Bitcoin Cash that was created in November 2018. It aims to restore the original vision of Bitcoin as a peer-to-peer electronic cash system by increasing the block size limit and restoring some of the original Bitcoin protocol.
Technology and Features
BitBay utilizes a unique consensus algorithm called Proof-of-Stake-Time (PoST). This algorithm incentivizes users to hold onto their coins for longer periods of time by rewarding them with a higher probability of mining blocks. Additionally, BitBay offers a dual-powered blockchain, allowing for both public and private transactions.
Bitcoin SV, on the other hand, uses the same proof-of-work (PoW) consensus algorithm as Bitcoin, with a block size limit of 128 MB. It also includes some additional features such as pay-to-order transactions and an increase in the default number of opcodes.
Security
BitBay is a decentralized platform, meaning that there is no central point of failure. Transactions are recorded on the blockchain, which is immutable and secure. BitBay also offers two-factor authentication and multisignature wallet options to enhance security.
Bitcoin SV is secured by the same PoW algorithm used by Bitcoin, making it one of the most secure blockchains in existence. Additionally, it offers advanced security features such as replay protection and a limited block size to prevent spam attacks.
Adoption and Community
BitBay has a growing community and has seen significant adoption in Poland, where it is based. However, it still lags behind some of the more established cryptocurrencies in terms of global adoption and community.
Bitcoin SV has a dedicated and active community that supports its vision of restoring the original Bitcoin protocol. It has also seen adoption by some businesses, particularly in the gambling and gaming industries.
Price Performance and Outlook
BitBay has experienced some price volatility over the years, with its highest price reaching over $0.50 in early 2018. However, its price has since decreased significantly and currently sits at around $0.03. The outlook for BitBay is uncertain, with competition from other decentralized marketplaces and exchanges.
Bitcoin SV has had a tumultuous price history, with a high of over $400 in early 2020 before dropping to around $50 by the end of the year. However, its price has since rebounded significantly and currently sits at around $160. The outlook for Bitcoin SV is positive, with its focus on restoring the original Bitcoin protocol and its active community.
Conclusion:
In conclusion, both BitBay and Bitcoin SV have unique features and advantages. BitBay offers a decentralized marketplace with a unique consensus algorithm, while Bitcoin SV aims to restore the original Bitcoin protocol with increased block size limits and additional features. Both have active communities, but Bitcoin SV has seen greater adoption and price performance in recent years. Ultimately, investors should consider their individual needs and priorities when choosing between these two cryptocurrencies.
User rating
Cryptogeek rating
Über
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Die digitale Währung BitBay (BAY) wurde seit 2014 entwickelt. Der gleichnamige Marktplatz ist ab 2015 in Betrieb. Die Münze ist jetzt an einigen Börsen gelistet. Sie können BitBay mit einer Fiat (harten) Währung wie USD oder EUR mit einer Bankkarte kaufen.
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Bitcoin SV ist eine Bitcoin Cash Hardgabel, die 2018 als Alternative zu Bitcoin Cash ABC stattfand. Einer der Hauptentwickler von Bitcoin SV, Craig Wright, glaubt, dass Bitcoin SV der ursprünglichen Idee von Bitcoin viel näher ist als Bitcoin Cash ABC. Das Entwicklerteam von Bitcoin SV konzentriert sich auf schnelle Transaktionen. Ihr Ziel ist es, Anwendungsfallmöglichkeiten für Bitcoin zu schaffen. Bitcoin SV überlebte eine Reihe von Delistings von mehreren namhaften Kryptowährungsbörsen und konnte seine hohe Position auf dem Markt behaupten. Bitcoin SV ist eine der Top 10 Kryptowährungen nach Marktkapitalisierung und sein tägliches Handelsvolumen ähnelt dem seines Konkurrenten Bitcoin Cash ABC.
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Art
Gründungsdatum
Land
|
International
|
International
|
Sprachen
Team
Protokoll
|
Keine Daten
|
Public blockchain
|
Aktueller Preis (USD)
Allzeithoch (USD)
Preisänderung (24h)
Volumen (24h)
Hashrate
Max Versorgung
|
1029153366.00000
|
21000000.00000
|
Gesamtangebot
Umlaufversorgung
Transaktionsgeschwindigkeit / Blockierungszeit
Transaktionsgebühr
Rentabilität des Bergbaus
Algorithmus
Proof-Typ
Voll prämiert
Intelligente Vertragsadresse
Insgesamt abgebaute Münzen
|
1032709571.09159
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18461214.58192
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Ist Handel
Blockbelohnung
|
0.000000000000
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6.250000000000
|
Zeit blockieren
Über |
Die digitale Währung BitBay (BAY) wurde seit 2014 entwickelt. Der gleichnamige Marktplatz ist ab 2015 in Betrieb. Die Münze ist jetzt an einigen Börsen gelistet. Sie können BitBay mit einer Fiat (harten) Währung wie USD oder EUR mit einer Bankkarte kaufen.
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Bitcoin SV ist eine Bitcoin Cash Hardgabel, die 2018 als Alternative zu Bitcoin Cash ABC stattfand. Einer der Hauptentwickler von Bitcoin SV, Craig Wright, glaubt, dass Bitcoin SV der ursprünglichen Idee von Bitcoin viel näher ist als Bitcoin Cash ABC. Das Entwicklerteam von Bitcoin SV konzentriert sich auf schnelle Transaktionen. Ihr Ziel ist es, Anwendungsfallmöglichkeiten für Bitcoin zu schaffen. Bitcoin SV überlebte eine Reihe von Delistings von mehreren namhaften Kryptowährungsbörsen und konnte seine hohe Position auf dem Markt behaupten. Bitcoin SV ist eine der Top 10 Kryptowährungen nach Marktkapitalisierung und sein tägliches Handelsvolumen ähnelt dem seines Konkurrenten Bitcoin Cash ABC.
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Art |
Art
coin
|
Art
coin
|
Gründungsdatum |
Gründungsdatum
2014
|
Gründungsdatum
2018
|
Land |
Land
International
|
Land
International
|
Sprachen |
Sprachen
Keine Daten
|
Sprachen
Keine Daten
|
Team |
Team
Public
|
Team
Public
|
Protokoll |
Protokoll
Keine Daten
|
Protokoll
Public blockchain
|
Aktueller Preis (USD) |
Aktueller Preis (USD)
0.0102
|
Aktueller Preis (USD)
45.5105
|
Allzeithoch (USD) |
Allzeithoch (USD)
0.4553
|
Allzeithoch (USD)
441.2000
|
Preisänderung (24h) |
Preisänderung (24h)
-1.38
|
Preisänderung (24h)
-2.55
|
Volumen (24h) |
Volumen (24h)
0.00000
|
Volumen (24h)
5472562.14169
|
Hashrate |
Hashrate
Keine Daten
|
Hashrate
2000000000
|
Max Versorgung |
Max Versorgung
1029153366.00000
|
Max Versorgung
21000000.00000
|
Gesamtangebot |
Gesamtangebot
Keine Daten
|
Gesamtangebot
Keine Daten
|
Umlaufversorgung |
Umlaufversorgung
0.00000
|
Umlaufversorgung
19779465.62500
|
Transaktionsgeschwindigkeit / Blockierungszeit |
Transaktionsgeschwindigkeit / Blockierungszeit
Keine Daten
|
Transaktionsgeschwindigkeit / Blockierungszeit
8
|
Transaktionsgebühr |
Transaktionsgebühr
Keine Daten
|
Transaktionsgebühr
Keine Daten
|
Rentabilität des Bergbaus |
Rentabilität des Bergbaus
low
|
Rentabilität des Bergbaus
low
|
Algorithmus |
Algorithmus
PoS
|
Algorithmus
SHA-256
|
Proof-Typ |
Proof-Typ
PoS
|
Proof-Typ
PoW
|
Voll prämiert |
Voll prämiert
Keine Daten
|
Voll prämiert
Keine Daten
|
Intelligente Vertragsadresse |
Intelligente Vertragsadresse
Keine Daten
|
Intelligente Vertragsadresse
Keine Daten
|
Insgesamt abgebaute Münzen |
Insgesamt abgebaute Münzen
1032709571.09159
|
Insgesamt abgebaute Münzen
18461214.58192
|
Ist Handel |
Ist Handel
yes
|
Ist Handel
yes
|
Blockbelohnung |
Blockbelohnung
0.000000000000
|
Blockbelohnung
6.250000000000
|
Zeit blockieren |
Zeit blockieren
64
|
Zeit blockieren
Keine Daten
|
Sozial
Webseite
Twitter
Vorteile
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Advanced and industry-standard trading tools;
Well-regarded trade system
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Fast transactions
Huge potential for scalability
Plenty of utility with tokens, smart contracts, and more
Strong developer support
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Nachteile
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No fiat currency deposit methods;
Selected offerings are available to only Polish users
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Not listed on several exchanges
Hasn’t realized the full potential
Relatively low volume
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Bewertung
User rating |
User rating
5 / 5
3 Benutzerbewertungen
|
User rating
4.4 / 5
9 Benutzerbewertungen
|
Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
3 / 5
|
Vorteile |
Vorteile
Advanced and industry-standard trading tools;
Well-regarded trade system
|
Vorteile
Fast transactions
Huge potential for scalability
Plenty of utility with tokens, smart contracts, and more
Strong developer support
|
Nachteile |
Nachteile
No fiat currency deposit methods;
Selected offerings are available to only Polish users
|
Nachteile
Not listed on several exchanges
Hasn’t realized the full potential
Relatively low volume
|
BitBay (BAY) Benutzerbewertung ist 5, basierend auf 3 Benutzerbewertungen. Bitcoin SV (BSV) Benutzerbewertung ist 4.4, basierend auf 9 Benutzerbewertungen.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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BitBay (BAY) and Bitcoin SV (BSV) are both cryptocurrencies that have gained significant popularity in the digital asset market. In this review, we will compare and contrast the features, advantages, and disadvantages of each to help investors make an informed decision.
Overview and Background
BitBay is a decentralized marketplace that enables users to buy and sell goods and services using cryptocurrencies. It was founded in 2014 and has since expanded its services to include a cryptocurrency exchange, wallet, and other features.
Bitcoin SV is a fork of Bitcoin Cash that was created in November 2018. It aims to restore the original vision of Bitcoin as a peer-to-peer electronic cash system by increasing the block size limit and restoring some of the original Bitcoin protocol.
Technology and Features
BitBay utilizes a unique consensus algorithm called Proof-of-Stake-Time (PoST). This algorithm incentivizes users to hold onto their coins for longer periods of time by rewarding them with a higher probability of mining blocks. Additionally, BitBay offers a dual-powered blockchain, allowing for both public and private transactions.
Bitcoin SV, on the other hand, uses the same proof-of-work (PoW) consensus algorithm as Bitcoin, with a block size limit of 128 MB. It also includes some additional features such as pay-to-order transactions and an increase in the default number of opcodes.
Security
BitBay is a decentralized platform, meaning that there is no central point of failure. Transactions are recorded on the blockchain, which is immutable and secure. BitBay also offers two-factor authentication and multisignature wallet options to enhance security.
Bitcoin SV is secured by the same PoW algorithm used by Bitcoin, making it one of the most secure blockchains in existence. Additionally, it offers advanced security features such as replay protection and a limited block size to prevent spam attacks.
Adoption and Community
BitBay has a growing community and has seen significant adoption in Poland, where it is based. However, it still lags behind some of the more established cryptocurrencies in terms of global adoption and community.
Bitcoin SV has a dedicated and active community that supports its vision of restoring the original Bitcoin protocol. It has also seen adoption by some businesses, particularly in the gambling and gaming industries.
Price Performance and Outlook
BitBay has experienced some price volatility over the years, with its highest price reaching over $0.50 in early 2018. However, its price has since decreased significantly and currently sits at around $0.03. The outlook for BitBay is uncertain, with competition from other decentralized marketplaces and exchanges.
Bitcoin SV has had a tumultuous price history, with a high of over $400 in early 2020 before dropping to around $50 by the end of the year. However, its price has since rebounded significantly and currently sits at around $160. The outlook for Bitcoin SV is positive, with its focus on restoring the original Bitcoin protocol and its active community.
Conclusion:
In conclusion, both BitBay and Bitcoin SV have unique features and advantages. BitBay offers a decentralized marketplace with a unique consensus algorithm, while Bitcoin SV aims to restore the original Bitcoin protocol with increased block size limits and additional features. Both have active communities, but Bitcoin SV has seen greater adoption and price performance in recent years. Ultimately, investors should consider their individual needs and priorities when choosing between these two cryptocurrencies.