What is the name of bch fork (what are the advantages of bch fork currency bcha)
What is a bch fork called? What is a Bitcoin Cash cash fork called What is the name of BCH fork and why not upgrade? Because this will result in two types of currency: BCH and BSV. If a new hard fork occurs, the two chains will complement each other, forming a new layer of isolation witness; Another blockchain protocol called “bitcoinash” is different from the original BTC network, so this fork can be divided into three parts:
1. The block reward has been reduced by half 2. No increase in mining revenue, resulting in a halving of block production time 3. “No proof of income” reduces computational power. (Bitcoin CashABC)
What are the advantages of bch forked coin bcha
According to Coindesk, Bitcoin Cash cash forked coin bcha (BCHA) is the same as the CashApp developed by the Bitcoin ABC team. Its main function is to store transaction records on the blockchain. In contrast, Bitcoin SV is an “unmanaged Cryptocurrency”, which uses a Zero-knowledge proof protocol similar to Ethereum Virtual Machine (EVM); And faster and safer than BTC. According to the official description, bcha is an open source, decentralized, and scalable technology developed based on Bitcoin ABC software.
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