April 27, 2020

Today, Bitcoin Association – the global industry organization that works to advance Bitcoin SV – publishes its first annual report, covering its operations from February 2019-20. The report highlights the rapid growth and development of the Bitcoin SV ecosystem, as well as the work the Association has undertaken in its first year of operations to support the network’s underlying technical infrastructure and business expansion.

Interest in Bitcoin Association has rapidly grown as Bitcoin SV has captured the digital currency spotlight. The BSV blockchain has seen application development explode globally, as developers and businesses make use of BSV’s superior scaling, data capacity and micropayment capabilities. Growing usage – particularly at the enterprise level – has led to a rise in the number of daily transactions and average block sizes seen on the network to now regularly surpass BTC on most days and BCH every day.

This growth of the Bitcoin SV network and ecosystem is reflected in Bitcoin Association’s Year 1 annual report. Featuring a comprehensive description of the Association’s mission to accelerate the business use of Bitcoin SV – both as a blockchain and digital currency – the report illustrates the multi-faceted approach that the organization has pursued under the leadership of Founding President, Jimmy Nguyen.