What is Bitcoin Cash cash (what is the difference between Bitcoin Cash cash and Bitcoin cash)

What is Bitcoin Cash and what is Bitcoin Cash? What is Bitcoin Cash cash

Bitcoin Cash is the first block protocol to realize point-to-point (P2PC) payment, and it is also the most common Cryptocurrency in the world at present. Its main purpose is to conduct transactions and store value as an exchange medium. In the past few months, we have seen many developers begin to use blockchain technology to build their own digital asset solutions

Bitcoin Cash adopts the consensus mechanism of “Proof of work”, which eliminates the trust problem of network participants, makes transactions invalid or more difficult to track, thus realizing decentralized bookkeeping, transfer and settlement. The second layer of network supported by Bitcoin Cash Cash also allows users to use Lightning Network for low latency transactions, which also reduces costs

What’s the difference between Bitcoin Cash cash and Bitcoin Cash. Firstly, its working principle is the same: no new tokens will be generated until the block height reaches 110000000; Secondly, technically, it is a Double-spending system, that is, both have their own value proposition and incentive mechanism. Another difference is that using BCH can achieve higher Economic security, because it will consume a lot of power to process transactions; The third difference is that BCH has “programmability”, meaning that no one can control the BCH network and its operation is the same as BTC.

This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/59254.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.