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What is bcc currency in Chinese (What is the bchabc currency)

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What is bcc currency in Chinese Editor\’s note: This article is from BlockBeats

What is bcc currency in Chinese (What is the bchabc currency)

What is bcc currency in Chinese Editor’s note: This article is from BlockBeats (ID: blockbeats), authorized to be reproduced by Odaily Star Daily.

Bitcoin core development team proposed Bitcoin white paper in 2009, and then changed its design and created BCC through a series of code modifications and upgrades. According to the project website, as of the end of 2017, there were over 10,000 addresses holding at least 0.1 bcc, nearly double the number from a year ago. However, due to controversies and disputes in the community, there are currently no officially announced details.

The Chinese name is “Bitcoin Box” or abbreviated as Bitcoin blockchain, and the English full name is Bitcoincash. It is a kind of payment system based on blockchain technology, which can achieve digitalization, anonymity, and decentralization of digital currency transactions. This new global network makes it a new payment infrastructure that can promote international trade.

According to btc.com, the Bitcoin mining process is powered by a miner who is responsible for maintaining the operation mechanism of this system. Bitcoin Cash can make mining more efficient, cheaper, and cost-effective, but it may also affect the value storage and exchange functions of other cryptographic assets. Therefore, if you want to convert these cryptographic assets tokens into Bitcoin, you must purchase a hard drive to make it secure and not controlled by anyone.

One of the main uses of Bitcoin Box is as a public good for buying and selling. When people want to cash out Bitcoin, they will generate another cryptographic asset, namely Bitcoin. The native token of Bitcoin is called “Bak”. The main function of Bitcoin Box is that when someone sells Bitcoin, “we” will get a reward: “Everyone can get Bitcoin”, which supports the network effect of Bitcoin lightning and the security and transparency of the Bitcoin network itself. “Bitcoin Gold” (BTCGold), Ethereum Classic (ETH), etc. are all within the scope of Bitcoin, because Bitcoin does not rely on individual entities but adopts the concept of distributed ledger technology to ensure security and privacy, so Bitcoin also has similar functions to Bitcoin. But with the development of the world economy, governments around the world are taking measures to promote the popularization and application of Bitcoin.

What is bchabc currency

According to official news, Bchabc is a public offering project initiated by Bitcoin Jesus Roger Ver. According to community information, the team is currently recruiting 100 investors to participate in the investment.

It is reported that BCHABC is supported by BitcoinABC and Bitshares. BCHABC is a decentralized protocol, cryptographic asset, and payment system issued based on the Ethereum network; it adopts “zero-knowledge proof technology” to ensure its security and scalability by hashing block data; BCHN is the native token of the Bitcoin Cash project, with a total of 10 million coins, reduced every 4 years; BSV is the only category of non-sovereign tokens (NFT) in the Ethereum ecosystem, with a total supply of 300 million. (bitbchc.com)

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