How do BCC and BCH differ in terms of their use and value in the digital currency market?
Susan Sipocz ShanepeachesAug 03, 2023 · 2 years ago1 answers
Can you explain the differences between BCC and BCH in terms of how they are used and their value in the digital currency market?
1 answers
- 144Sep 01, 2020 · 5 years agoBCC and BCH are two digital currencies that have different use cases and values in the digital currency market. BCC, which stands for BitConnect, was a controversial cryptocurrency that was involved in a Ponzi scheme. It promised high returns to investors through a lending program, but it was eventually exposed as a scam and shut down. As a result, BCC lost its value and is no longer traded on reputable exchanges. On the other hand, BCH, or Bitcoin Cash, is a cryptocurrency that was created as a result of a hard fork from Bitcoin. It aims to provide faster and cheaper transactions compared to Bitcoin. BCH has gained wider acceptance and is supported by major exchanges. It has a significant market value and is considered a legitimate alternative to Bitcoin.
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