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What are the distinguishing features and characteristics of BCC and BCH in the context of cryptocurrency?

Rice SchaeferMay 01, 2022 · 3 years ago1 answers

Can you explain the key differences between BCC and BCH in the cryptocurrency world? What are their unique features and characteristics that set them apart?

1 answers

  • May 01, 2022 · 3 years ago
    BCC and BCH are often confused due to their similar names, but they are actually two different cryptocurrencies. BCC, or BitConnect Coin, is a cryptocurrency that was involved in a controversial lending and investment platform. It faced legal issues and eventually shut down. On the other hand, BCH, or Bitcoin Cash, is a cryptocurrency that emerged as a result of a hard fork from Bitcoin. It aims to address the scalability issues of Bitcoin and provide faster and cheaper transactions. While BCC has faced negative publicity, BCH has gained popularity and is supported by a strong community of developers and users.