What is Bitcash (the difference between Bitcash and Bitcoin)
what is called bitcash Bitcoin Cash cash (BCH) is the first time blockchain technology has been applied to business scenarios worldwide. It can allow anyone to trade and transfer digital currency through smartphones, computers, or other devices without being affected by the development of the internet. Therefore, people’s acceptance of encryption technology is increasing, which is a very positive performance for the entire industry. However, if we understand this process as decentralization, it is equivalent to an electronic payment system; Detrusted peer-to-peer networks; A borderless financial system requires more infrastructure to ensure the safe and reliable connection of this information What is Bitcash? What is Bitcash? Simply put, it is a technical solution for “value transfer”. Its purpose is to address a series of issues such as the current non disclosure of bank accounts. This technical solution mainly includes three aspects: 1. Create two-way communication between private key and public key based on Cryptography principles; 2. Use a hybrid consensus algorithm to divide the public key into two parts – the wallet address and the block browser; 3. Utilize distributed accounting technology to ensure that all data is consistent and managed jointly by users
Difference between Bitcash and Bitcoin
According to CoinDesk, Bitcoin Cash Cash is the largest Cryptocurrency in the market. It is different from many other digital assets, mainly including BTC and BCH; BSV, on the other hand, is a completely different type of cryptocurrency; Both use the same technical concept; Bitcash is an open source, decentralized distributed ledger database
In addition, Bitcash also has a new token called “BCA” (BlockchainAltcoin) – a virtual machine based on the Ethereum blockchain protocol. The system will allow anyone to create their own Dapps to develop new financial service applications, such as mortgage lending or trading stocks and securities.
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