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What is Bitcoin Cash (What is the current price of Bitcoin Cash)

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What is Bitcoin Cash? What is the difference between Bitcoin Cash and Bitcoin?

What is Bitcoin Cash (What is the current price of Bitcoin Cash)

What is Bitcoin Cash? What is the difference between Bitcoin Cash and Bitcoin? Bitcoin Cash can be divided into three types: regular, mixed, and professional. These types represent the “paper money” or “hard currency” in the traditional monetary system, as well as the use of encryption technology to protect their anonymity.

In simple terms, “digital banknotes,” “electronic wallets,” or “smart cards” are all upgraded versions of blockchain technology and are currently the only available technical solution. However, if traditional banking systems are used to achieve this goal, a new approach called “smart vault” is needed. In other words, when people start considering using Bitcoin Cash, they will first withdraw cash from the bank and then deposit the funds into an exchange for conversion. This eliminates the need for third-party service providers, which means users will not directly obtain funds through third-party platforms. (For more information, please see the original article link)

What is the current price of Bitcoin Cash

According to the Bitcoin Cash official website, what is the current price of Bitcoin Cash?

According to official information, Bitcoin Cash is a digital currency based on the Ethereum blockchain. It has a total supply of 21 million coins (half of which are owned by Bitcoin holders), with 80% being locked within the public chain (including ETH, EOS, NEO, etc.). Approximately 10 billion coins are estimated to be in circulation, accounting for 6% of the total supply. In terms of mining output, 40% is for computing power, 20% is for coin price and electricity cost, and an additional 10% is for transaction fees. This portion is used as rewards for network participants, while the remaining 15% is directly distributed to users of the nodes.

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