What platforms have BCD Bitcoin Diamond wallet (Is Bitcoin Cash BCH worth buying)?

What platforms have BCD Bitcoin Diamond wallet? What platforms have BCD Bitcoin Diamond wallet?

On June 15th, Beijing time, after Bitcoin broke through the historical high point of $23,000, btc.com announced the launch of its native token (BCD). The token is issued and operated by the BCD Foundation’s management team. Currently, there are over 3 million BCC in circulation. To provide users with a secure, convenient, and transparent investment and financial management environment, BCD has partnered with multiple well-known institutions.

Why invest? Because many people are asking how to make money, and often they don’t consider that in the current bear market, all funds are trapped or liquidated. So we look for reliable third parties to help solve these problems. So what is BCD? How does it work? It is a decentralized currency consisting of various components such as digital asset storage, transfer, and trading. These wallets can use any virtual currency as collateral for lending, payment, or exchange into fiat currency to maintain stability, effectively ensuring that their value is not affected. This encrypted digital currency has the characteristics of anonymity and non-forgeability. At the same time, it has high privacy attributes and can prevent hacking and malicious mining activities. In this way, if someone uses this technology to steal other people’s digital assets, they will be prosecuted and fined or even recovered. Therefore, the same is true for those who want to protect their wealth, whether or not these assets may be reduced to zero.

However, compared to other financial products, what we should pay more attention to is security. With the development of more and more blockchain ecosystems, the protection of personal data has become increasingly important. However, it is worth noting that, except for traditional hardware devices, most encrypted digital currencies do not have a truly useful “cold storage” function to protect their financial freedom and ownership. Therefore, people using this solution often feel fear and regret. In addition, many people are concerned that encrypted digital currencies cannot be stored long term like gold. Therefore, they choose to adopt a new encrypted digital currency instead of directly buying physical cash.

Therefore, we believe that in the future, we should be more cautious in choosing investment methods to avoid loss.

Is Bitcoin Cash BCH worth buying

Editor’s note: This article is from the Wind and Fire Wheel Community (ID: FHBT18), author: Pepe, authorized by the Odaily Star Daily for reprinting.

Today, I want to share an interesting story with you: why did BCH rise? What is its situation like?

Bitcoin Cash is one of the most well-known blockchain projects this year. In 2017, when its price reached over $10,000, it was halted by the cryptocurrency media once. But now, the price of Bitcoin has dropped to around 20,000 RMB.

All of this is due to the attention and hype it gained from the global investment community just one month after it was launched on btc. So, how much is the market value of this project, and what kind of belief supports it? Let me give you a brief introduction below. What is BCH? BCH is a digital currency developed by the Bitcoin Core team. It is a peer-to-peer network with features such as decentralization and strong scalability. It also supports smart contract functionality, allowing anyone to exchange and transfer encrypted currencies. According to official information, the platform’s code has been open-source and is constantly being updated.

However, BTC is not the only mainstream token mined by Chinese mining companies. It runs on the BCH protocol as an ERC20 token with the code name “BCHD.” Many other applications are also developed based on BCH, such as the payment gateway CoinPay, and others. Moreover, according to bitinfocharts data, since 2018, the trading volume of bch on Ethereum has increased significantly. As of the end of 2020, the daily average active addresses on the btc chain reached more than 50,000. Overall, the number of users is still relatively small, so its influence may not be as great as that of Bitcoin before the bull market. If we think of BCH as a scam, it is more like a scammer’s arbitrage game, considering Bitcoin Cash does the same. For information on the development of Bitcoin Cash (BTC), please refer to the figure below.

I am a friend of Aixi-Europe-Babel, and I am honored to bring you this help! Recently, I have been discussing some dynamics or ideas about Bitcoin Cash with everyone because many friends have asked me if they should buy Bitcoin Cash (BCH), and I think they would all agree with my advice. First, I want to remind everyone that BCH is not the first version of the Bitcoin white paper, it was just launched at a certain moment in 2016 when the market didn’t have much hot news.

Then, let’s take a look at the issuance mechanism of BCH. It was first launched in the first quarter of 2015 for ICO fundraising activities and did not have much impact afterwards. Until early 2019, some investors believed that this was a Ponzi scheme, which triggered a series of small investors chasing highs, causing the price of BCH to fall. Some even claimed that Bitcoin Cash founder Wu Jihan also denied this news in a tweet and stated that the success of Bitcoin Cash is not unrelated to Bitcoin.

Next, I will analyze the current situation of BTBCH development, including its development status.