Compatible Blockchains for nChain Identity.
FAQ 4
For now, nChain Identity exclusively operates on the Bitcoin SV (BSV) blockchain. This deliberate choice is driven by the unique benefits of BSV within the realm of UTXO-based blockchains. Bitcoin SV stands out due to its commitment to scaling, allowing for significantly larger block sizes and increased transaction throughput. This scalability ensures cost-effective transactions and facilitates the seamless integration of diverse identity-related data. Furthermore, BSV's adherence to the original Bitcoin protocol provides a stable and reliable foundation for nChain Identity, emphasizing security, transparency, and efficiency in managing digital identities.
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