1. 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
at present, the BCC network has become stable, the block speed is basically close to an average of 10 minutes, and the
computing power of the whole network is basically stable at 5% - 10% of that of bitcoin
generally, it is through mining or direct purchase on the trading platform!
2. Bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. At 20:20 on August 1, 2017, bitcoin cash began to mine, and the same amount of bitcoin cash (BCC) will appear in each bitcoin investor's account. It can be purchased on the trading platform or mined like bitcoin
3. 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.
4. 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.
5. 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.
6. 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.
7. Bitcoin, English name bitcoin, is a digital currency based on blockchain technology, which is composed of a series of computer-generated complex codes. Like RMB's ¥ and US dollar's $, bitcoin has its own symbol, the "B" in the figure below
The inventor of
bitcoin is Nakamoto. Satoshi Nakamoto is the creator of bitcoin protocol and its related software bitcoin QT. In 2008, he published a paper called "bitcoin: a peer-to-peer electronic cash system", describing an electronic currency and its algorithm that he called "bitcoin"
In 2009, he released the first bitcoin software and officially launched the bitcoin financial system In 2010, he graally faded out and handed over the project to other members of the bitcoin community
Nakamoto is believed to hold about one million bitcoins. If the price of each bitcoin was $2W, it was worth $20 billion at one time. So far, his true identity is still unknown to the outside world, that is to say, no one knows who Nakamoto is
bitcoin appeared after the global financial crisis in 2008. In fact, before that, many people have tried electronic currency, digital currency and virtual currency, but they have not succeeded. There are not only technical reasons, but also social environment and economic background reasons. To some extent, it was the 2008 financial crisis that gave birth to bitcoin
8. Those that can be withdrawn directly do not need to be changed into bitcoin
9. On July 24, the core team just confirmed the implementation of bip91, and issued the uahf protocol, which makes bitcoin (BTC) soft fork directly, increases the block size to 8m, and splits a new coin based on the original bitcoin account book. This new clone is bitcoin cash (BCC). From a technical point of view, BCC removes the code of SW and implements the Nakamoto protocol. With the increase of block size, the transaction will not be congested and the service charge will be reced. At present, many foreign bitcoin exchanges do not support BCC. Although BCC has put great pressure on exchanges and wallet providers to support BCC, in most cases, new clones are often ignored. Because if the customer supports BCC, the development team needs to understand the complexity and nuances of BCC. The systems that handle deposits and withdrawals must be updated, and new servers must be up and running and integrated with existing systems. In addition, safety audits and quality assurance tests must be concted, as well as compliance guidelines and terms of service updated and reviewed by the legal team. However, in the real world, there is no BCC integration or support at all, and its code base is only maintained by one developer. The long-term prospect of BCC is not clear, so it will not be supported by bitcoin exchange.
10. Yes, it can be mentioned directly in the wallet.