What is the currency BAND (currency BSV)?
What is the currency BAND According to official sources, there are two main cur
What is the currency BAND According to official sources, there are two main currencies in the global digital currency market. One is Bitcoin and Ethereum, and the other is stable coins like USDT and XRP. The hard currency of the US dollar (such as the RMB) also falls into this category. So, in addition to the US dollar, there is also a term called “BAND” which refers to cryptographic assets.
According to CoinMarketCap data, a total of 17 countries’ governments have issued the central bank’s statutory digital currency BAND, which is a digital payment tool based on blockchain technology supported by the government. Among them, China has 4 institutions participating in the project; secondly, Japan is also formulating its own CBDC project plan, and will issue a digital currency BAND operated by central banks of various countries as the dominant unit. (cointelegraph)
Currency BSV
Currency BSV (BitcoinSV) is a cryptocurrency built on the Bitcoin blockchain, and its value is linked to the US dollar. According to an official blog article, “This currency will use a new token called ‘bitcoin’ to support network transactions and payments.” Over the past two years, BCH and BSV have been developing their own networks, making them one of the most popular currencies.
According to a tweet published by bsv.cash, “Although many developers have left the BitcoinSV team or received funding from elsewhere, it is still the main application of Bitcoin. While some miners are working to increase their computing power and income, most users do not want to see this growth. We believe this is a huge breakthrough,” bsv said. “Our project aims to provide a new use case for Bitcoin: by creating a peer-to-peer exchange platform, Bitcoin holders can immediately access all information in exchanges and wallets.”
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