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What is BCH?

by Victor

BCH is Bitcoin Cash.

BCH is a kind of bitcoin, which belongs to the new generation of Bitcoin and is a new blockchain asset.

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BCH has a larger block and can handle more transactions.

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BCH is also much cheaper and faster than the original Bitcoin.

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The concept of Bitcoin () was originally proposed by Satoshi Nakamoto on November 1, 2008, and was formally born on January 3, 2009.

According to the ideas of Satoshi Nakamoto design and release of open source software and the construction of P2P network on it.

Bitcoin is a P2P form of virtual cryptographic numbers.

Peer-to-peer transmission means a decentralized payment system.

Bitcoin () is currently the most popular digital currency in the world. On August 1, 2017, a “hard cross” event occurred, creating a new digital currency known as Bitcoin Cash (BCH).

Due to a version switch, the Bitcoin blockchain was forked into two separate blockchains.

Everyone who owns bitcoin before the fork is entitled to the same amount of “Bitcoin cash” tokens, similar to a dividend payout in a stock.

The Fed minutes are not expected to be hawkish, the dollar falls Gold rose to 1870, oil prices briefly fell 5%.

Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.

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