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Popular science: what are bitcoin bifurcations

2022-01-11 10:29:12
What are bitcoin bifurcations? It has been 13 years since the birth of bitcoin. In addition to the characteristics of large price fluctuation and obvious upward trend, many bitcoin forks have been derived with the deepening of bitcoin trading. Although they are not as famous as bitcoin, some bifurcated coins are very popular with investors,

What are bitcoin bifurcations? It has been 13 years since the birth of bitcoin. In addition to the characteristics of large price fluctuation and obvious upward trend, many bitcoin forks have been derived with the deepening of bitcoin trading. Although they are not as well-known as bitcoin, some of them are still very popular with investors. Now many of them have been sold at high prices on the Ouyi platform. Today we will take a look at the bifurcations on the Ouyi platform.

  2017Year is the beginning year of bitcoin bifurcation. Since17year8month1After the beginning of bitcoin cash on the th, the hard bifurcation of bitcoin became out of control. Bitcash(BCH) The price of this currency in bitcoin is478559Time bifurcation, Total2100Million, which pioneered the bifurcations of bitcoin.

  BCH It's bitcoin Capacity expansion scheme of, using8mLarge block, not supportedSegwit。 From the current situation,BCH It is the most successful branch of bitcoin, and its influence is expanding. It has won the support of many exchanges and wallets. In2017year10month12Day,BCH Prices soared wildly, reaching an all-time high of 2500 US dollars at one time, and the market value also reached. More than 30 billion dollars, and even briefly surpassed Ethereum to become the second largest encryption asset. But thenBCHThe price fell sharply. Although it did not surpass bitcoin, the value of forked coin was recognized by the market, which also laid the foundation for future forked coins.

  BTG-Bitcoin gold, on2017year10month25Daily bitcoin height is491407Time fork, total2100Ten thousand.BTG Mainly want to solveBTC The problem of setting up a centralized difficulty adjustment mechanism for mining is still adopted1 m Block plusSegwitSetting of.BTGLaunched on multiple exchanges after bifurcationBTGFutures, in the current year10month11The futures price reached500Dollars up and down, butBTGAfter the official launch, the attention dropped sharply.

  BCD-Bitcoin diamond on2017year10month24The height of the bitcoin block is494784Time fork. The total number of bitcoin diamonds issued is2.1Billion, just ten times that of bitcoin, including1.7Billion bitcoin diamonds are provided to bitcoin holders. The proportion of distribution and exchange is one bitcoin for tenBCD, the rest4000Ten thousand bitcoin diamonds will be automatically transferred into community rewards as rewards for mining,BCDuse8mLarge block, supportSegwit, with playback protection. At the same time, a new work verification algorithm is used to create blocks. Compared with bitcoin, it has the privacy of transfer, protects the transaction amount and can also be encrypted.

In addition, the bifurcated coins of bitcoin include bitcoin God, bitcoin platinum, etc. if you are interested, you can go to the official website of Ouyi platform to learn about it. However, not all bifurcations are successful, and it is worth our participation in investment transactions. We should also consider when choosing bifurcated coins.

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