As you may already know, some got rich through Bitcoin, but unfortunately, others lost money and so they are interested in what is Bitcoin silver.
What is Bitcoin Silver? There are lots of Bitcoin hard forks like Bitcoin Gold and Bitcoin Cash. Bitcoin Silver is one of those.
Bitcoin is an open source P2P digital currency. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. The currency itself is mostly independent of any central bank or government. The Bitcoin network is made up of its users and nobody can control it.
Here are some of the main features of Bitcoin
Bitcoin Silver is a fork of Bitcoin that will happen at the block height of 439,344 (exactly 2,016 blocks away). At that time, Bitcoin Silver (BTSI) will be an identical copy of Bitcoin, with on-chain atomic swaps enabled.
This will allow people to trade between BTC and BTSI as they do between different ERC20 tokens.
For example, right now you can trade your ETH for almost any other ERC20 token, and it is easy to do using a service like shapeshift.io.
What is the history of Bitcoin Silver?
Bitcoin Silver (BTCS) is a fork of the Bitcoin blockchain that occurred on October 23rd, 2018. The snapshot for the fork occurred at block height 491407. BTCS created an entirely new blockchain, with the same transaction history as Bitcoin up until the fork, but with a new genesis block. In order to claim BTCS, you must have held BTC in a BTC wallet before block 491407. If you didn’t have any BTC, or if you didn’t have any BTC in a wallet that you controlled before the fork, then you won’t have any BTCS.
BTCS will have a new proof-of-work algorithm, and will slightly adjust the difficulty every block using a Dark Gravity Wave v3 algorithm.
Bitcoin Silver is a fork of the Bitcoin blockchain, similar to how Bitcoin Cash was a fork of the original Bitcoin blockchain. The new forked blockchain was launched on November 12th, 2018. The Bitcoin Silver fork came about as a result of the failure of SegWit2x, which was meant to increase the block size to 2 megabytes. It was supposed to be a compromise between the two opposing sides of the Bitcoin community.
The prices of all cryptocurrencies are falling. The big surprise is that the Bitcoin Silver is not available for trading on any exchange. Yes, you read it right. The Bitcoin Silver does not exist. It is a scam, which has been created with the sole purpose to make money for the creators. It is nothing else than a Bitcoin private key hidden behind fancy words.
Who created Bitcoin silver?
The creator of Bitcoin Silver is not known, but the creator has called himself ‘h4x3rotab’ and has stated that he or she lives in the United States. The creator also claims to own cryptocurrency exchanges, but this information has not been verified. The website states that Bitcoin Silver is a fork of the Bitcoin blockchain. It all started on November 12th, 2018, when the developer of Bitcoin Silver posted on the BitcoinTalk forum. He or she explained that the purpose of Bitcoin Silver was to create a better version of Bitcoin. The developer stated that the current version of Bitcoin is too expensive, slow, and not private enough. The developer also said that Bitcoin Silver will be a ‘better Bitcoin’ that will solve these issues.
What is a Bitcoin silver wallet?
A bitcoin silver wallet is a software program that allows you to send and receive Bitcoin. You can use it to pay for goods or transfer money to other people, or you can just keep the Bitcoin for yourself. The wallet is a kind of virtual bank account that allows you to store, receive and send Bitcoin, which are the units of currency used by the bitcoin network.
A Bitcoin Silver wallet is the same as a bitcoin wallet or Ethereum wallet or any other cryptocurrency wallet. The Bitcoin Silver wallets support PC, Mac, Linux, iOS, and Android, as well as other operating systems.
How to buy Bitcoin Silver?
The easiest way to buy Bitcoin is through a well-recognized exchange like Coinbase. Coinbase is one of the commonly cryptocurrency exchanges in the world. It is also one of the few cryptocurrency exchanges that support credit and debit card purchases as well as bank wire transfers for larger purchases. Coinbase is also one of the only cryptocurrency exchanges where users can buy Stellar Lumens (XLM) along with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), as well as dozens of other digital assets. If you are ready to buy Bitcoin, simply follow these steps: 1. Create a Coinbase account
How to store Bitcoin Silver?
Bitcoin Silver has been expected by a lot of people who are interested in Bitcoin. The main reason for this is the fact that the original Bitcoin has been suffering from scalability issues, and a few people believe that Bitcoin is the solution to Bitcoin’s problems.
There are a number of ways to store your Bitcoin. You can store them on a paper wallet as mentioned above. However, you have to make sure that you have the private keys from the paper. Another way to store your BTSV is to use a software wallet. There are a number of wallets that support Bitcoin Silver. Some of the best are the Coinomi, the Ledger Nano S, and the Trezor. All three of these wallets support multiple currencies. The last way to store your Bitcoin is to use a mobile wallet. The Silver wallet is available on both Android and iOS.