BCH.BSV.BTG.BCD basic introduction

By Sleo821 | Sleo_777 | 6 Apr 2020


  • 351665157-73e4e29521dd06696edda44d9cd0877bfea6fdc373f048941dae0c8bab75978b.png

BCH, short for BitcoinCash
Chinese name is Bitcoin Cash
BCC was the early name of BCH and is now deprecated

The mining resistance algorithm and mining machine of BCH are the same as BTC. Some mining pools also add BTC / BCH automatic switching function, which can automatically switch miners to high-yielding currencies.

Judging from the current situation, BCH is the most successful of several forked currencies of Bitcoin, and its influence is continuously expanding. It has been supported by many exchanges and wallets. On November 12 of a certain year, the price of BCH soared and reached At a historical high of $ 2,500, the market value once reached more than $ 30 billion, briefly surpassing Ethereum and becoming the second largest digital currency. But then the price of BCH fell sharply, and it is currently in undulation.

Currency name: Bitcoin Cash

Market value: US $ 4,694,441,560

Release time: July 24, 2017

Total amount issued: 21,000,000

Total circulation: 16,901,050

Core algorithm: SHA-256

Current amount: 255 USD

White paper: https://www.bitcoincash.org/

351665157-093b78080d45033a7dc4e2135823a42d3f798a8136352c851f5fe03be6980967.jpeg

Bitcoin SV (BSV) is a coin that was forked by Bitcoin Cash in 2018. This Bitcoin SV and the familiar Bitcoin (BTC) are two different currencies, do not confuse

Founder Craig Wright of Bitcoin SV (BSV) has repeatedly publicly declared that he is the founder of Bitcoin, Satoshi Nakamoto, and hopes to use BSV to realize that "no one can pay directly through the Internet without having to go through a financial institution" Original vision

In the past, BSV's currency price was also very good among Altcoins
BSV is also a currency speculated by speculators on the market.

Currency name: Bitcoin SV

Market value: US $ 3,538,690,295

Release time: November 09, 2018

Total amount issued: 210,000,000

Total circulation: 18,369,102

Core algorithm: SHA-256

Current amount: 192 USD

White paper: https://bitcoinsv.io/zh/home-zh/

351665157-57c1fb21120e84b5ec8a2bcd50eb8ed4200a906395d5019b28c7b2cbb30f80b6.jpeg

BTG is short for Bitcoin Gold, the Chinese name is Bitcoin Gold. The BitcoinGold development team was led by Liao Xiang, CEO of LightningASIC, a Hong Kong mining company, but after the fork on October 25, the BTG network was not officially launched until the early hours of November 13th, Beijing time.

Compared with other forked coins, BTG does not expand BTC. The main change is the mining algorithm, the use of GPU mining, and the use of emergency difficulty adjustment mechanism (EDA). In general, BTG mainly wants to solve the problems of excessive concentration of BTC mining power and difficulty adjustment mechanism.
After the fork, BTG futures were listed on multiple exchanges. On November 11 of a certain year, the futures price reached around $ 500. However, after the BTG was officially launched, the attention dropped sharply. A large number of bitcoin holders sold off after obtaining BTG candy, resulting in a rapid decline in the BTG price. At the time of writing, the BTG price had rapidly dropped below $ 200, and the prospects were not optimistic. .


Currency name: Bitcoin Gold

Market value: US $ 136,422,498

Release time: October 24, 2017

Total issued: 174,33,349

Total circulation: 173,333,49

Core algorithm: Equihas

Current amount: 7.78 USD

White paper: http://bitcoingold.org/

351665157-8fdb008d5ef3bdbfa5cd39d1981d803b14358ca772ad90e2c6af00800bbc7e7d.jpeg

BCD is the abbreviation of Bitcoin Diamond. It was jointly developed by Evey and the 007 team. Bitcoin Diamond
Foundation is responsible for operations. The BCD was first announced after the SegWit2x fork was declared unsuccessful. BCD uses 8M large blocks, supports SegWit, has replay protection, and uses new work verification algorithms to create blocks. Compared with BTC, it has transfer privacy protection functions The amount can also be encrypted


The total issuance of bitcoin diamonds is 210 million, which is exactly 10 times that of bitcoin. Among them, 170 million bitcoin diamonds are provided to bitcoin holders. The distribution exchange ratio is 1BTC: 10BCD, and the remaining 40 million bits Coin cash will be automatically transferred to the community reward pool as a mining reward.

Currency name: Bitcoin Diamond

Market value: US $ 97,374,638

Release time: November 16, 2017

Total amount issued: 210,000,000

Total circulation: 186,492,897

Core algorithm: X13

Current amount: 0.5 USD

White paper:https://www.bitcoindiamond.org

 

I am SLEO and like my article. can like, follow and tip. Thank you

How do you rate this article?

4


Sleo821
Sleo821

Hi YouTube: https://www.youtube.com/channel/UCovb-WDc6HA2r9OE9rkIRDQ


Sleo_777
Sleo_777

Share information on getting free virtual currencies Share funny meme Virtual currency analysis more.......

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.