What currency does BCH belong to (what is the Chinese name for BCH)?
BCH belongs to what currency? Bitcoin is the most popular currency in the world
BCH belongs to what currency? Bitcoin is the most popular currency in the world, widely used as a cryptocurrency.
According to coinmarketcap data, on February 10, 2019, the market value of Bitcoin reached the milestone of 500 million US dollars, and now it has exceeded 600 million US dollars. But this is just the beginning: what currency does BCH belong to? Bitcoin is a virtual asset that allows people to engage in peer-to-peer transactions and transfer value through blockchain technology. What is the main characteristic of Bitcoin? Bitcoin is known as “Bitcoin Cash” and is controlled by a group of independent addresses, with a total of 21 million Bitcoins (BTC). Bitcoin, like other major currencies, is subject to regulation by central governing bodies. However, Bitcoin has significant differences when measured against this standard.
The supply of Bitcoin is 2.1 billion coins, with 10% of the total supply allocated to developers, companies, investors, and miners. Each mined block requires a certain amount of economic resources to maintain network security. Since Bitcoin’s network design was not intended to ensure that anyone can participate in the network, Bitcoin Cash is not a true digital currency, or rather, Bitcoin does not have built-in functionality – as Bitcoin’s code is open-source and written by a software team that runs well. Therefore, as a technology, Bitcoin Cash does not possess this functionality. Therefore, Bitcoin Cash must also have some special design attributes such as security, decentralization, scalability, and interoperability, etc.
What is the Chinese name for BCH
According to bitcoin.com, BCH is the abbreviation in Chinese for Bitcoin Cash and is a digital currency. Unlike cryptocurrencies such as Bitcoin and Ethereum, BCH is not a specific token name, but rather similar to BTC or ETH, as they all have the same name. According to the BitcoinABC team, before November 2018, no one knew what BCH was, but all the software running on that network was open-source.
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