BSV is a fork of Bitcoin Cash (BCH) aimed at following the original vision and development path outlined in Satoshi Nakamotos whitepaper. BSV is a new full node implementation for Bitcoin Cash, where miners vote with their hash power (Satoshi consensus mechanism) to determine the network rules.
HBSV is the BSV token launched by Huobi Global on the Ethereum blockchain. HBSV strictly adheres to a 1:1 collateral asset ratio, meaning for every 1 HBSV issued, there is 1 BSV in the assets address to back it up, ensuring users can exchange HBSV and BSV on a 1:1 basis at any time.

Features of HBSV

1. Stable value. HBSV is exchangeable for BSV on an equal value basis, i.e., 1 HBSV = 1 BSV.
2. High liquidity. BSV is a well-known high-quality digital asset on the blockchain market. HBSV, issued on the Ethereum chain, will bring the same high liquidity as BSV to decentralized markets.
3. Fast transaction speed. The confirmation time for HBSV deposits and withdrawals has been reduced to within 5 minutes.
4. Low transaction costs. HBSV transfer fees are charged according to the ERC20 standard, which are lower compared to BSV transaction fees.
5. Transparent and auditable. Both HBSV assets on the BSV side and Ethereum side are traceable; all swap details will be publicly available on the official website for H series assets; anyone can initiate an audit of HBSV assets freely.
6. Supported by multiple user agent services. In the future, HBSV will support multiple user agents to provide swap services, allowing users to choose their preferred agent freely.