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3 thoughts on “black heart jewelry wholesale What is the relationship between Bitcoin and Bitcoin cash?”
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wholesale fashion jewelry boxes Bit cash has two relationships with Bitcoin: Bit cash is Bitcoin's fork currency and competitive currency.
The first weight of the bull coin. At present, there are many virtual digital currencies from the Bitcoin's main chain. In addition to Bit Cash, there are also Bit gold, Bit diamonds, and super Bitcoin.
Forbar coins, it is a new virtual digital currency generated by the block in the main chain to a certain height and the formation of a side chain. It is also the same as the mother currency: Bitcoin is mining output, bit cash is also mining output, the mining algorithm is the same, and the same is true for mining machines.
So how is the fork coin split? Technically, it is difficult to understand. Uncle Biao explained through the form of metaphors: For example, there is only one Beijing -Shanghai Railway (main chain), starting from Beijing, the end is Shanghai; now, one on the Beijing -Shanghai railway is The site (a certain block height), repair a Jingwu Railway (side chain) to Wuhan, and complete the fork in this way.
Bitcoin, such as the train on the Beijing -Shanghai Railway (main chain), fork coin cash is a train on the Jingwu Railway (side chain). Are you understand?
The second, competitive currency. As the name suggests, it is two competitive currencies. Just like the competition of two homogeneous products in the market, compete for market share. In the virtual digital currency market, the market share is so large. There are more people holding one currency. People holding the other currency will relatively reduce, forming a competitive relationship that you increase.
In these two relationships, competitive currency is better understanding, and fork coins are difficult because it is a technical problem.
Inded the relationship between the two currency now?
wholesale brighton jewelry Bitcoin Cash is a new version of Bitcoin launched by a small part of Bitcoin developers. At 20:20 on August 1, 2017, a small part of the new version of Bitcoin Cash Cash launched by a small part of Bitcoin developers began mining. Equal equivalent Bitcoin cash (BCC). Is this a new branch of Bitcoin or another "cottage coin", which is different in the industry.
Bitcoin cash modified the code of Bitcoin and supports large blocks (increasing the size of the block to 8m). It does not include the SEGWIT function. It is a blockchain asset generated by the scheme.
The previous life of Bitcoin cash was Bitcoin. The data in the blockchain stored before the fork and the software running were compatible with all bitcoin nodes. At the moment of the fork, it began to perform execution New code, packing large blocks to form a new chain.
This Reminder:
① The information above is for reference only, and does not constitute any investment suggestions.
② risks to enter the market, and investment needs to be cautious.
This response time: 2021-03-31, please refer to the official website of Ping An Bank.
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wholesale soutache jewelry Bitcoin (Bitcoin: Bitkin) is the earliest online virtual currency that can buy items in real life.
. It is characterized by decentralization, anonymity, can only be used in the digital world, does not belong to any country and financial institutions, and is not restricted by regions. The molecules are used as a money laundering tool.
In 2013, the US government acknowledged the legitimate status of Bitcoin, making Bitcoin prices rise sharply. In China, on November 19, 2013, a Bitcoin was equivalent to 6,989 yuan.
The purchase method of Bitcoin is that users can buy Bitcoin, and at the same time, computers can also use computers to perform a large number of calculations to "minimize" Bitcoin.
Bitcoin cash
Bitcoin cash is a new version of Bitcoin launched by a small part of Bitcoin developers.
In August 1, 2017, 20:20, a small part of the new version of Bitcoin Bitcoin Cash, which was launched by a small part of Bitcoin developers, began mining. Each Bitcoin investor account general Bitcoin cash (BCC), which appears with the number of Bitcoin.
This is the new branch of Bitcoin or another "cottage coin". The industry's argument is different, but the previous BCC's early quotation has reached 2,000 yuan, which is more than one -tenth of the price of Bitcoin.