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What currency is BCS (What currency is BCI)

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What currency is BCS? According to the official announcement of BitcoinCash, w

What currency is BCS (What currency is BCI)

What currency is BCS? According to the official announcement of BitcoinCash, what kind of currency is BCS?

BSN (Blockchain Shared System) is a platform for blockchain technology service providers, which allows users to send, receive, and use encrypted assets worldwide in the form of Bitcoin. Funds can be stored in their own network and traded through token-supported digital wallets; they can also be transferred, exchanged, and transferred from exchanges or wallets, among other operations, without the need for a bank account and without causing any losses. It can also be used for payment system fees and participate in public utility expenditures, such as providing to government agencies, businesses, and other companies.

What currency is BCI?

BitcoinCash (BCI) is a blockchain-based distributed ledger that allows anyone to easily create, issue, and manage their own digital currency. According to bitinfocharts data, the current market value of Bitcoin is approximately $400 million, while BCI has risen by nearly 50% in the past 24 hours.

It is understood that this currency is a functional token similar to Ethereum tokens, which can be used to reward miners and pay for network transaction fees, among other purposes. Its mechanism adopts a “dual mining” mode: first, the blocks are packaged into a new node for production; then, this new node is used to run the new blocks and obtain the corresponding income; finally, the computing power on the original chain is increased to more than twice its original amount, making the mining pool the biggest beneficiary.

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