What is BBC Bitcoin (BIC Bitcoin)?

What is BBC Bitcoin? According to bitcoin news, the current global hash rate of

What is BBC Bitcoin (BIC Bitcoin)?

What is BBC Bitcoin? According to bitcoin news, the current global hash rate of bitcoin is 31.9EH/s. BBC (Blockchain BitCoin) is a type of cryptocurrency issued on this network, with the characteristic of being used as a payment method for buying and selling transactions. It executes transactions through the use of smart contracts, and also allows for user identity management and information access on the blockchain. Therefore, it can be used in decentralized applications to achieve functions like automatic bookkeeping and digital asset transfers. It can also be used to purchase certain products and services.

BIC Bitcoin

Coindesk states that BIC (Bitcoin in Coin) is an ERC20 token based on Ethereum. Bitcoin Cash supports users to send and receive digital assets such as BTC and BCH between multiple addresses using any type of cryptocurrency. For most ordinary traders, this can be a good medium of exchange to store the price information of Bitcoin and other cryptocurrencies while maintaining security and anonymity.

It is reported that the initial goal of this project is to allow more people to make BTC, LTC, and other fiat currency payments through BitPay, and make it easier for them to participate in the DeFi field.

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