BitBay (BAY) vs Bitcoin SV (BSV) Comparison
In the evolving landscape of cryptocurrencies, BitBay (BAY) and Bitcoin SV (BSV) have emerged as two major players. This article aims to analyze and compare these two cryptocurrencies, addressing their characteristics, advantages, disadvantages, and market performances.
User rating
Cryptogeek rating
About
|
BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
|
Bitcoin SV is a Bitcoin Cash hard fork that took place in 2018 as an alternative to Bitcoin Cash ABC. One of the core developers of Bitcoin SV Craig Wright believes that Bitcoin SV is much closer to the initial idea of Bitcoin than Bitcoin Cash ABC. The dev team of Bitcoin SV is focused on fast transactions. Their goal is creating use case opportunities for Bitcoin.
Bitcoin SV survived a series of delistings from several notable cryptocurrency exchanges and managed to keep its high position on the market. Bitcoin SV is one of the top 10 cryptocurrencies by market capitalization and its daily trade volume is similar to its rival Bitcoin Cash ABC.
|
Type
Founding Date
Country
|
International
|
International
|
Languages
Team
Protocol
|
No data
|
Public blockchain
|
Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
Hashrate
Max Supply
|
1029153366.00000
|
21000000.00000
|
Total supply
Circulating Supply
Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
|
1032709571.09159
|
18461214.58192
|
Is trading
Block reward
|
0.000000000000
|
6.250000000000
|
Block time
| Company |
|
|
| User rating |
User rating
5 / 5
3 user review
|
User rating
4.4 / 5
9 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
3 / 5
|
| Trust Score
How it works
|
Trust Score
4.43 / 5
|
Trust Score
3.74 / 5
|
| About |
BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
|
Bitcoin SV is a Bitcoin Cash hard fork that took place in 2018 as an alternative to Bitcoin Cash ABC. One of the core developers of Bitcoin SV Craig Wright believes that Bitcoin SV is much closer to the initial idea of Bitcoin than Bitcoin Cash ABC. The dev team of Bitcoin SV is focused on fast transactions. Their goal is creating use case opportunities for Bitcoin.
Bitcoin SV survived a series of delistings from several notable cryptocurrency exchanges and managed to keep its high position on the market. Bitcoin SV is one of the top 10 cryptocurrencies by market capitalization and its daily trade volume is similar to its rival Bitcoin Cash ABC.
|
| Type |
Type
coin
|
Type
coin
|
| Founding Date |
Founding Date
2014
|
Founding Date
2018
|
| Country |
Country
International
|
Country
International
|
| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
Public
|
Team
Public
|
| Protocol |
Protocol
No data
|
Protocol
Public blockchain
|
| Current price (USD) |
Current price (USD)
0.0141
|
Current price (USD)
52.1830
|
| All-time high (USD) |
All-time high (USD)
0.4553
|
All-time high (USD)
441.2000
|
| Price change (24h) |
Price change (24h)
-2.77
|
Price change (24h)
-1.52
|
| Volume (24h) |
Volume (24h)
0.00000
|
Volume (24h)
6323961.80664
|
| Hashrate |
Hashrate
No data
|
Hashrate
2000000000
|
| Max Supply |
Max Supply
1029153366.00000
|
Max Supply
21000000.00000
|
| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
0.00000
|
Circulating Supply
19801000.00000
|
| Transaction speed / Block time |
Transaction speed / Block time
No data
|
Transaction speed / Block time
8
|
| Transaction fee |
Transaction fee
No data
|
Transaction fee
No data
|
| Mining profitability |
Mining profitability
low
|
Mining profitability
low
|
| Algorithm |
Algorithm
PoS
|
Algorithm
SHA-256
|
| Proof type |
Proof type
PoS
|
Proof type
PoW
|
| Fully premined |
Fully premined
No data
|
Fully premined
No data
|
| Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
| Total coins mined |
Total coins mined
1032709571.09159
|
Total coins mined
18461214.58192
|
| Is trading |
Is trading
yes
|
Is trading
yes
|
| Block reward |
Block reward
0.000000000000
|
Block reward
6.250000000000
|
| Block time |
Block time
64
|
Block time
No data
|
Social
Website
Twitter
Advantages
|
Advanced and industry-standard trading tools;
Well-regarded trade system
|
Fast transactions
Huge potential for scalability
Plenty of utility with tokens, smart contracts, and more
Strong developer support
|
Disadvantages
|
No fiat currency deposit methods;
Selected offerings are available to only Polish users
|
Not listed on several exchanges
Hasn’t realized the full potential
Relatively low volume
|
Rating
| User rating |
User rating
5 / 5
3 user review
|
User rating
4.4 / 5
9 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
3 / 5
|
| Advantages |
Advantages
Advanced and industry-standard trading tools;
Well-regarded trade system
|
Advantages
Fast transactions
Huge potential for scalability
Plenty of utility with tokens, smart contracts, and more
Strong developer support
|
| Disadvantages |
Disadvantages
No fiat currency deposit methods;
Selected offerings are available to only Polish users
|
Disadvantages
Not listed on several exchanges
Hasn’t realized the full potential
Relatively low volume
|
BitBay (BAY) user rating is 5, based on 3 user reviews. Bitcoin SV (BSV) user rating is 4.4, based on 9 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Choose other companies
In conclusion, while both BitBay (BAY) and Bitcoin SV (BSV) present significant advantages in the cryptocurrency market, they come with their unique sets of challenges too. The choice between BAY and BSV will ultimately depend on the specific needs and risk tolerance of the individual investor or the merchant. As with any form of investment, extensive research and understanding are crucial to making informed decisions about which cryptocurrency to invest in.
In the evolving landscape of cryptocurrencies, BitBay (BAY) and Bitcoin SV (BSV) have emerged as two major players. This article aims to analyze and compare these two cryptocurrencies, addressing their characteristics, advantages, disadvantages, and market performances.
