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What is the situation with bcc (what does bcch mean)

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bcc what situation

bcc what situation bcc is the abbreviation of distributed blockchain, is also a Cryptocurrency in the Bitcoin network. In this way, digital assets can be exchanged and used. It is called “BCC” and is a peer-to-peer (P2P) trading method. Users can send, receive, or consume these tokens through one or more addresses When users want to purchase tokens on an exchange, they need to sell them to others and receive rewards in exchange for BCC tokens. Then users can buy and sell these tokens from the market. This is similar to Bitcoin Cash cash, but since Bitcoin Cash cash is not controlled by a central entity, it cannot be cashed directly

What does bcch mean

The full name of bcch is Bitcoin CashABC, which is the branch currency of Bitcoin Cash cash, and is also a network composed of miners and developers. According to official information, the project launched a new BeaconChain called “Bitcoinash” (BCCH) in February 2019. This new blockchain will incentivize node operators, maintainers, and support for the entire community by providing users with more rewards, making BSV tokens one of the mainstream assets.

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