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
Punteggio di Fiducia
Come funziona
About
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La valuta digitale BitBay (BAY) è stata sviluppata dal 2014 con l'omonima piazza operativa dal 2015. La moneta è ora quotata in alcuni exchange. Puoi acquistare BitBay con valuta fiat (difficile), come USD o EUR, utilizzando una carta bancaria.
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Bitcoin SV è un hard fork di Bitcoin Cash che ha avuto luogo nel 2018 in alternativa a Bitcoin Cash ABC. Uno dei principali sviluppatori di Bitcoin SV Craig Wright ritiene che Bitcoin SV sia molto più vicino all'idea iniziale di Bitcoin rispetto a Bitcoin Cash ABC. Il team di sviluppo di Bitcoin SV è focalizzato su transazioni veloci. Il loro obiettivo è creare opportunità di utilizzo per Bitcoin. Bitcoin SV è sopravvissuto a una serie di cancellazioni da diversi importanti scambi di criptovaluta ed è riuscito a mantenere la sua posizione elevata sul mercato. Bitcoin SV è una delle prime 10 criptovalute per capitalizzazione di mercato e il suo volume di scambi giornalieri è simile al suo rivale Bitcoin Cash ABC.
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Tipo
Data di lancio
Località:
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International
|
International
|
Lingue
Team
Protocollo
|
Nessun dato
|
Public blockchain
|
Prezzo attuale (USD)
Più alto di sempre (USD)
Variazione di prezzo (24 ore)
Volume (24 ore)
Hashrate
Limite Massimo
|
1029153366.00000
|
21000000.00000
|
Totale offerta
Limite in circolazione
Velocità di transazione / Tempo blocco
Commissione sulla transazione
Profitabilità di mining
Algoritmo
Proof type
Completamente estratto
Smart contract indirizzo
Totale monete estratte
|
1032709571.09159
|
18461214.58192
|
Sta commerciando
Ricompensa di blocco
|
0.000000000000
|
6.250000000000
|
Tempo di blocco
About |
La valuta digitale BitBay (BAY) è stata sviluppata dal 2014 con l'omonima piazza operativa dal 2015. La moneta è ora quotata in alcuni exchange. Puoi acquistare BitBay con valuta fiat (difficile), come USD o EUR, utilizzando una carta bancaria.
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Bitcoin SV è un hard fork di Bitcoin Cash che ha avuto luogo nel 2018 in alternativa a Bitcoin Cash ABC. Uno dei principali sviluppatori di Bitcoin SV Craig Wright ritiene che Bitcoin SV sia molto più vicino all'idea iniziale di Bitcoin rispetto a Bitcoin Cash ABC. Il team di sviluppo di Bitcoin SV è focalizzato su transazioni veloci. Il loro obiettivo è creare opportunità di utilizzo per Bitcoin. Bitcoin SV è sopravvissuto a una serie di cancellazioni da diversi importanti scambi di criptovaluta ed è riuscito a mantenere la sua posizione elevata sul mercato. Bitcoin SV è una delle prime 10 criptovalute per capitalizzazione di mercato e il suo volume di scambi giornalieri è simile al suo rivale Bitcoin Cash ABC.
|
Tipo |
Tipo
coin
|
Tipo
coin
|
Data di lancio |
Data di lancio
2014
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Data di lancio
2018
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Località: |
Località:
International
|
Località:
International
|
Lingue |
Lingue
Nessun dato
|
Lingue
Nessun dato
|
Team |
Team
Public
|
Team
Public
|
Protocollo |
Protocollo
Nessun dato
|
Protocollo
Public blockchain
|
Prezzo attuale (USD) |
Prezzo attuale (USD)
0.0102
|
Prezzo attuale (USD)
45.5105
|
Più alto di sempre (USD) |
Più alto di sempre (USD)
0.4553
|
Più alto di sempre (USD)
441.2000
|
Variazione di prezzo (24 ore) |
Variazione di prezzo (24 ore)
-1.38
|
Variazione di prezzo (24 ore)
-2.55
|
Volume (24 ore) |
Volume (24 ore)
0.00000
|
Volume (24 ore)
5472562.14169
|
Hashrate |
Hashrate
Nessun dato
|
Hashrate
2000000000
|
Limite Massimo |
Limite Massimo
1029153366.00000
|
Limite Massimo
21000000.00000
|
Totale offerta |
Totale offerta
Nessun dato
|
Totale offerta
Nessun dato
|
Limite in circolazione |
Limite in circolazione
0.00000
|
Limite in circolazione
19779465.62500
|
Velocità di transazione / Tempo blocco |
Velocità di transazione / Tempo blocco
Nessun dato
|
Velocità di transazione / Tempo blocco
8
|
Commissione sulla transazione |
Commissione sulla transazione
Nessun dato
|
Commissione sulla transazione
Nessun dato
|
Profitabilità di mining |
Profitabilità di mining
low
|
Profitabilità di mining
low
|
Algoritmo |
Algoritmo
PoS
|
Algoritmo
SHA-256
|
Proof type |
Proof type
PoS
|
Proof type
PoW
|
Completamente estratto |
Completamente estratto
Nessun dato
|
Completamente estratto
Nessun dato
|
Smart contract indirizzo |
Smart contract indirizzo
Nessun dato
|
Smart contract indirizzo
Nessun dato
|
Totale monete estratte |
Totale monete estratte
1032709571.09159
|
Totale monete estratte
18461214.58192
|
Sta commerciando |
Sta commerciando
yes
|
Sta commerciando
yes
|
Ricompensa di blocco |
Ricompensa di blocco
0.000000000000
|
Ricompensa di blocco
6.250000000000
|
Tempo di blocco |
Tempo di blocco
64
|
Tempo di blocco
Nessun dato
|
Media
Sito web
Twitter
Vantaggi
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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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Svantaggi
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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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Valutazione
User rating |
User rating
5 / 5
3 recensioni degli utenti
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User rating
4.4 / 5
9 recensioni degli utenti
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Cryptogeek rating |
Cryptogeek rating
4.4 / 5
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Cryptogeek rating
3 / 5
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Vantaggi |
Vantaggi
Advanced and industry-standard trading tools;
Well-regarded trade system
|
Vantaggi
Fast transactions
Huge potential for scalability
Plenty of utility with tokens, smart contracts, and more
Strong developer support
|
Svantaggi |
Svantaggi
No fiat currency deposit methods;
Selected offerings are available to only Polish users
|
Svantaggi
Not listed on several exchanges
Hasn’t realized the full potential
Relatively low volume
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La valutazione degli utenti di BitBay (BAY) è 5, basata sulle recensioni degli utenti di 3. La valutazione degli utenti dell'azienda Bitcoin SV (BSV) è 4.4, basata sulle recensioni degli utenti di 9.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Scegli altre aziende
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.