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What Wallet Can Be Used for BCC Coins (Bitcoin Cash)?

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What wallet can be used for BCC coins? On September 15, 2018, the Bitcoin ABC te

What Wallet Can Be Used for BCC Coins (Bitcoin Cash)?

What wallet can be used for BCC coins? On September 15, 2018, the Bitcoin ABC team announced the results of a community vote, deciding to add the BitcoinCash (BCC) forked coin to their wallet.

According to CoinMarketCap data, as of the end of November 2019, the trading volume of BCC reached 300 million US dollars, an increase of nearly 40% compared to the same period last year. By the end of 2019, the market value of BCC exceeded 1 billion RMB, and the average number of transactions in 2017 reached 20,000 times. From January 13th to mid-December 2017, the price of BCC began to rise, reaching a historical high of nearly $3,000, and then gradually declined. However, historical data shows that the total trading volume of this exchange was less than 1 million US dollars. Therefore, some media outlets pointed out that BCC is significantly different from BTC: it uses private key encryption technology to protect the security of users’ assets, but currently cannot perform operations such as transfers, storage, and receipts. In addition, BCC uses smart contracts to verify transaction addresses and generate block hashes to ensure that users can view all content on the blockchain at any time. Furthermore, due to network performance issues, some nodes may temporarily not support BCC transaction functions.

BCC Coin

According to official news from BCC, BCC is a forked project of Binance Smart Chain. The project’s codename is CC (BitcoinCash). According to its white paper, “BCC” is a new type of cryptocurrency controlled and maintained by the community. Users can transfer BCC tokens to other addresses by creating an address at block height 1,280,000. Currently, more than 200 wallets have participated in this issuance. It is reported that as of 6:30 pm on May 31, 2018, Ethereum, EOS, and other public chains have been deployed and activated for genesis mining. In addition, today, it has been listed on exchanges such as PancakeSwap, Uniswap, and Gate.io.

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