The relationship between BCC and BTC

1. bitcoin cash (BCC), in English, is a new type of blockchain asset proced by a hard bifurcation of bitcoin. It is a decentralized digital currency supported by a community of large block supporters. BCC removes segwit, cancels the limitation of 1m block size, supports 8m block size at most, and adheres to the expansion route on the chain. The purpose is to better realize the "point-to-point encrypted e-cash system" described in Nakamoto's white paper. At present, many foreign exchanges have launched BCC trading. It's in line with bitcoin.

2. The hard bifurcations of bitcoin in November are segwit2x, which makes bitcoin expand to 2MB. BCC is a new type of blockchain asset proced by a hard bifurcation of bitcoin. It is a decentralized digital currency supported by a large community of supporters. BCC removes segwit, cancels the limitation of 1m block size, supports 8m block size at most, and adheres to the expansion route on the chain. The purpose is to better realize the "point-to-point encrypted e-cash system" described in Nakamoto's white paper.

3. If you have BCC before August 1, you will have BCC automatically. Now it's time to transfer BCC directly to BCC address

4. BTC is bitcoin and BCC is bitcoin cash, which are two different digital currencies. BCC is a new type of blockchain asset proced by a hard bifurcation of bitcoin. It is a decentralized digital currency supported by a community of large block supporters. BCC removes segwit, cancels the limitation of 1m block size, supports 8m block size at most, and adheres to the expansion route on the chain. The purpose is to better realize the "point-to-point encrypted e-cash system" described in Nakamoto's white paper.

5. BCC started mining at 20:00 on August 1, and separated from bitcoin's main chain in block 478559. Viabtc, China's mining pool, excavated the first BCC block, and then the next block 478560. Before the separation from the main chain, the data stored in the blockchain and the running software are compatible with all bitcoin nodes. After the separation from the main chain, it begins to execute new code and package large blocks. Thus, a new BCC blockchain is born, and BCC also begins to develop independently.

6. BCC has changed the original intention of bitcoin technology. It is a new technology attempt, and there are still many uncertainties in the future. However, the birth of BCC is not an accident, but an inevitable result. With the continuous development of BCC, the application will graally become more and more, and the value will be improved. If the bitcoin community is not enterprising, United and in constant internal strife, the market position of bitcoin will graally weaken, or even be replaced by BCC.

7. BCC is a kind of misinterpretation of bitcoin network bifurcation
BCC does not conform to the definition of bitcoin network bifurcation. BTC and BCC are two completely different chains in two days. As like as two peas, the whole network as like as two peas, which can not be synchronized in one chain, has two pieces of block chain network with identical bitcoins. Two networks have a large number of miners digging, and transactions on two different networks can not be synchronized. This leads to two even the same difficulty of two parallel chains, which is called forking.
BCC has also been identified by bitcoin international Roundtable forum as a competitive currency that replicates bitcoin blockchain and modifies some codes. Therefore, it is a wrong interpretation that BCC is the network fork of bitcoin.

8. The differences between BCC and BTC are as follows:
BCC: the isolation verification is removed, the 1m block chain size limit is removed, the on chain expansion route is adopted, and the idea of large block is adhered to
BTC: isolation verification is adopted, 1m block belt line remains unchanged, lightning network is adopted, and small block concept is adhered to!