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How do BCC and BCH differ in terms of their use and value in the digital currency market?

avatarSimone CarminatiMar 27, 2022 · 3 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?

How do BCC and BCH differ in terms of their use and value in the digital currency market?
Digital Currency
BCC
BCH

1 answers

  • avatarMar 27, 2022 · 3 years ago
    BCC 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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