The intended purpose of SV still matters regardless of delisting. The intended purpose, as you stated, is to “facilitate more transactions than other blockchains using its native currency.” This is true even without a centralized exchange to provide liquidity because you and I could still make P2P transactions with SV.
Now, if you’re referring to a crisis arising from the security of SV’s , such as 51% attacks, then your point has more validity because why would anyone use a chain that suffers 51% attacks. However, this is not a compromise of , the underlying technology, it is working as intended, just not in the manner that we seek.
Additionally, SV is still be traded on exchanges, with BitForex being the biggest one.
You can see where SV is still listed here:
The crunch from delisting from other major exchanges is hurtful to SV, but even if it was delisted from all exchanges, its purpose would sitll matter.
Follow-up question: Would you say ’s core competency did not matter when it first started, since no exchanges existed at the time? Was the fact was the first use-case in payments systems not enough?
Published at Wed, 24 Apr 2019 02:17:55 +0000
