Why didn’t BCH get the btc name (why is btc so expensive)
Why didn’t bch get the btc name? Why didn’t bch get the Btc name, Mark Anderson, the developer of Bitcoin Cash Cash, said in a recent interview: “If we regard Bitcoin Cash Cash as a currency, then this should be a very wrong choice. But in the long run, Bitcoin Cash is really a good choice.”
He also said that, “Bitcoin Cash cash can store and transfer value in any number of ways – it is a viable unit of account and is more secure than current mainstream encrypted assets; now, because Bitcoin Cash cash addresses are used instead of private keys, I think this method is not suitable for users”
Why is btc so expensive
Editor’s note: This article is from BlockBeats (ID: 0xBtc_24h), authored by 0xb6, and reprinted by the Daily Planet with authorization
According to the official information of Bitcoin Core, its Stablecoin btc has been officially launched on the exchange and started trading. At present, the highest quotation is 0.005 US dollars/piece. It is reported that BTC is developed and maintained by the Bitsilver team
On July 11 this year, the issuer of btc announced the launch of the open source protocol “bitcoin asset” based on Bitcoin network development, which aims to provide a new payment method for Cryptocurrency. Users can exchange Bitcoin into Fiat money or other virtual assets and stable tokens linked to Bitcoin; And all of this happened in early August of this year However, the price of BTC is not worthless. According to previous reports from Chain News, the price of BTC broke through $0.011 on the evening of April 15th, setting a new historical high. But over time, it has not been able to maintain sufficient growth According to media analysis, due to the huge fluctuations in market prices, some people have chosen to sell their holdings of BTC to gain greater returns. At the same time, analysts also stated that “due to the high market demand for btc in the near future, it is likely to continue for a period of time.” Another researcher stated that since 2017, btc has experienced a technology precipitation period of over a year, but its development speed has slowed down in recent years. We know that although there are many projects in the early stages of the market, we have found that they are constantly growing and their value is also increasing.
In addition, industry insiders also pointed out that the reason behind BTC is that blockchain technology itself does not have great application prospects. Therefore, he believes that BTC will gradually become mainstream, bringing more trust and security to people.
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