Which is better, cash or bitcoin
There are two relations between bitcash and bitcoin: bitcash is the bifurcated and competitive currency of bitcoin{ RRRRR}
Second, competitive currency. As the name suggests, they are two competing currencies. It is just like the competition of two kinds of homogeneous goods in the market, competing for market share. In the virtual digital currency market, the market share is so large that more people hold one kind of currency, the number of people holding another kind of currency will be relatively reced, forming a competitive relationship between you and me
in these two relationships, competitive currency is easier to understand, while forked currency is more difficult because it is a technical problem
is the relationship between the two currencies clear now
The reason why the programmer threw away 7500 bitcoins as garbage is because these bitcoins are stored in the hard disk, and he carelessly threw away the hard disk
recently, a British programmer found that in 2013, he accidentally threw away the hard disk with 7500 bitcoin private keys as garbage
these 7500 bitcoins were g up by him on his personal computer. In order to retrieve the hard disk, he went to the landfill, but even if he "wanted to go back to the past", it was impossible to recover it. 7500 pieces, estimated at the current price of 32000 dollars, which is equivalent to throwing 240 million dollars into the garbage can
In fact, millions of bitcoins have been "lost" worldwide. But the "lost" bitcoin did not disappear. On the blockchain, you will record how many bitcoins you have in your name, but you need a private key to tradethe programmer is careless, that is, after throwing away the hard disk, he adds symbols to the string of very complex letters. Nowadays, the "value" of bitcoin has risen sharply. Those who lost bitcoin will naturally regret it
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reasons for bitcoin's recent surge:
according to the analysis of CICC's research report, bitcoin's price rose nearly three times from $7200 at the end of 2019 to $27084 (as of December 28, 2020), and became the asset category with the highest increase since the beginning of the year, Even more than the faamng tech giants index
in addition to the impact of global liquidity easing, the analysis shows that the financial innovation of financial institutions represented by PayPal, Robinhood and grayscale in broadening the channels of digital assets in the past year is the structural reason behind the nearly three times rise of currency price in the past year. In the short run, the price of bitcoin may fluctuate greatly, driven by liquidity and the inflow and outflow of speculative funds. However, in the long run, the continuous expansion of the traditional investor base is concive to the stable rise of the price of bitcoin and other digital assets
the major exchanges supporting OTC trading in China are huocoin.com and okex. Using usdt to buy bitcoin requires a service charge, which varies from 0.3% to 0.1% for each transaction. There are also different service charges set according to the member level. If you care about the service charge, you can use umicash to trade bitcoin. They have zero service charge.
the differences between bitcoin cash and bitcoin are as follows:
BCC removes segwit, cancels the restriction of 1m block size, supports 8m block size at most, and adheres to the expansion route on the chain.