What does Bchcny mean (what does bc mean)?
What does Bchcny mean? Bitcoin Cash (BCH) refers to digital currency composed o
What does Bchcny mean? Bitcoin Cash (BCH) refers to digital currency composed of computer code, characterized by being open source, open, and tamper-proof. It achieves the functionalities and characteristics of blockchain networks in the following ways:
1. Permissionless network;
2. Decentralized technology;
3. Independent of intermediaries or third-party services.
Bitcoin Cash is also a cryptographic technology for making payments using Bitcoin. (Bitcoin Cash Official WeChat Account)
According to the English explanation, Bitcoin Cash is a distributed system. Within this system, various types of transactions can be performed, including Ethereum, Bitcoin Cash, EOS, and tokens issued by mainstream public chain projects.
What does bc mean
BC (BitCoinCash) is the abbreviation for BCC in English, developed by the Blockchain.com team. BC has two main application directions: one is for decentralized currency transactions, and the other is as a payment platform.
BC operates on the Bitcoin network, allowing users to directly purchase cryptocurrency through bank transfers or credit cards. Its main purpose is to solve the problems faced by most exchanges, such as deposit and withdrawal issues, which is a very user-friendly choice for ordinary investors.
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