buy wholesale jewelry usa What currency is BCH
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buy wholesale jewelry usa What currency is BCH
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wholesale scarf jewelry and magnetic end caps BCH is Bitcoin cash.
bch is a type of Bitcoin. It belongs to the new generation Bitcoin and is a new type of blockchain asset. BCH has larger blocks that can handle more transactions. The cost of BCH is much lower than the original bitcoin, and the processing speed is faster.
The concept of Bitcoin was initially proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the open source software and constructing the P2P network based on Satoshi Nakamoto's thinking. Bitcoin is a virtual encrypted digital currency in P2P form. Point -to -point transmission means a decentralized payment system.
Bitcoin (BTC) is currently the most sought -after digital currency in the world. On August 1, 2017, a difference was born. (BCH) new digital currency. Due to the version switching, the Bitcoin blockchain was split to two independent blockchain. Everyone who has Bitcoin before the fork has the right to obtain the same number of "Bitcoin Cash" tokens, similar to the dividend distribution in the stock.
The expansion information:
1. The characteristics of currency are as follows:
1) Decentralization: Bitcoin is the first distributed virtual currency. The entire network is composed of users without central banks. Decentralization is the guarantee of Bitcoin's security and freedom.
2) Circulation of the world: Bitcoin can be managed on any computer accessing the Internet. No matter where he is, anyone can dig, purchase, sell or collect Bitcoin.
3) Exclusive ownership: Control the private key to control the Bitcoin, which can be kept in any storage medium. No one except the user can get it.
4) Low transaction fee: You can remit Bitcoin for free, but in the end, a transaction fee of about 1 bit of a bit of transaction will be charged to ensure the faster execution of the transaction.
5) No hidden cost: As a payment method from A to B, Bitcoin does not have a tedious limit and procedures. Know the other party's Bitcoin address can be paid.
6) Cross -platform mining: Users can discover the computing power of different hardware on many platforms.