Blockchain.com Adds 'Limited Support' for Bitcoin SV (BSV)

Francisco Memoria

Cryptocurrency wallet provider Blockchain.com has recently added “limited support” for Bitcoin Satoshi’s Vision (BSV), a cryptocurrency created back in November of last year through a hard fork of the Bitcoin Cash (BCH) blockchain.

As reported at the time, the BCH hard fork saw its network split in two, which means users who at the time held BCH in their wallets ended up having two tokens after the event, as they were airdropped the equivalent in BSV tokens.

Initially, the hard fork didn’t include replay protection and to avoid potential attacks most services carefully examined the situation. According to a recently published announcement Blockchain implemented a “coin-splitting solution” last month that allowed it to resume BCH services in its wallet.

This solution preserved users’ BSV balances, which can now be either exchanged or moved after the company closely monitored the Bitcoin SV chain. The announcement reads:

You will be able to view your balance, exchange BSV for BTC, BCH, ETH, and XLM through Swap, and send BSV to any address. We do not have plans to enable full BSV functionality at this time.

Users’ BSV balances can be exchanged for BTC, ETH, BCH, and XLM as these are the cryptos Blockchain supports. The company’s announcement adds that it’ll keep on monitoring the activity of BSV to “determine how long we will maintain limited support.” In case its service changes, it claims, it will notify its users.

As CryptoGlobe covered, Blockchain has last year launched the “largest airdrop in the history of crypto,” as it started giving away $125 million worth of Stellar Lumens (XLM) to its users by giving $20 worth of crypto to those who passed know-your-customer (KYC) checks. It reportedly has well over 30 million users.