Today Cryprocurrencies and bitcoinCash is the main topic in Financial industry.

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Avatar for Buxhi
Written by
4 years ago

Today everywhere in every company cryptocurrency is the main concern.

In development we have a huge no of experience about financial market.we change our experience and adopt about market needs trade transactions made easy as possible.These all instrument are used to exhanges goods in money.

Money serve as a medium of exchange in financial market, A unit of Accounting and a store of value.

We use money to make transaction in any company or markete.

Cryptocurrency:

Cryptocurrency is has many security features thats why it is defficult to count.Cryptocurrency is a digital cryptography and also a virtual currency.

The main benifit of cryptocurrency is to tranfer funds easily from one party to other.These transactions use the public and private keys for security.These funds transaction are done with very short process fees.

Hacking is the biggest threat of cryptocurrency payment.

In cryptocurrency system diffrent hackers want to access the system of payment.But financial markete have tough security about these companies.

All companies depost the potential risk.

There are Maximum 856 cryptocurrencie. See the following link.

http://coinmarketcap.com/all/views/all/http://coinmarketcap.com/all/views/all/

It is also a exelent leboratory with high quality data and well defined data price.

Bitcoin:

Bitcoin is the leader of all crypto currencies.Other currencies have less value.

Ethereum and Ripple have double million digits.

Bitcoin is online cirtual currency and it also have a combination of cryptocurrencies protection and security.

Bitcoin is introduced by the Satoshi Nakamoto in 2008

Time to time its value is increaded day by day and genrate million of profit.

But how bitcoin work?

Bitcoin works by using publick key.It is like an online version of cash. We can use it to buy products and and sell products and in other services but not many shops accept Bitcoin and some countries have banned it also.Bitcoin is a highest value thats why every company does not afford it.The physicaly Bitcoins you see in photos are a simple coin but would be worthless without the private codes printed inside them.

  • Each Bitcoin is basically a computer file which is stored in a 'digital wallet'

  • we can use this application on a smartphone or computer.

  • People can send Bitcoins to your digital wallet and you can send Bitcoins to other people. And then tow parties can exchange cash.

  • Blickchain is the main exchanging application which is used to make transactions.

  • In blockchain every single transaction is recorded in a public list.

  • This makes it possible to trace the history of Bitcoins to stop people who try to hack the cryptocurrency system.

  • Blockchain making copies of all transactions and also undoing transactions.

We can easily get bicoin by 3 ways:

  • We can buy Bitcoins using 'real' money.

  • We can sell things and let people pay you with Bitcoins.

  • We can be created using a computer.

Bitcoincash(BCH)

Bitcoincash is also a peer.to.pair cryptography currency.It have electronic cash system with fast paymemt method.

Micro fee

Privacy.

High transaction.

Easily Exchaing bitcoin cash payment between two parties.

Bitcoin cash have no bank systen and not concernd with goverment.

Bicoincash exchaning is easy to use.

Everyone can exchange cash payment in your smartphone or computer.

Transaction are fast with less fee.

Bitcoincash is diffrent from Bitcoin:

In 2017 bitcoincash project accepted as a new cryptocurrency because it is a peer to peer electronic cash.

The result was fork work which created BCH.

All Bitcoin holders became the owner of bitcoin cash at the time of fork(Block 478558)

The BCH block size was incresed frm 1MB to 8MB.

1: Bitcoin cash is the hard fork of Bitcoin.

2: In november 2018, BCH's block size increased upto 32MB

3: athe maximum amount of the BCH to ever exist will finish of at 21 million.

4: Bicoincash is used Ren protocole.

Bicoin V/s BitcoinCash

In August 2017, some miners and developers initiated what is known as a hard fork effectively creating a new currency: BCH.

BCH has its own blockchain and specifications including one very important distinction from bitcoin.

BCH has implemented an increased block size of 8 MB to accelerate the verification process with an adjustable level of difficulty to ensure the chains survival and transaction verification speed regardless of the number of miners supporting.

Value of botcoin and BitcoinCash is increased or decrease about trade.Customers exchange cryptocryncies and digital currencyncies for other assets.

No hidden fees.

Bitcoin never goas to sleep.

Limit your risk.

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Avatar for Buxhi
Written by
4 years ago

Comments

Nice article dear

$ 0.00
4 years ago

Thank u

$ 0.00
4 years ago

Yeah exactly you are right.

I am agree that btc and bch are the most important digital currencies among all others. Reason is,, stability in standard and satisfaction in having currency

$ 0.00
4 years ago

Thank u dear.

$ 0.00
4 years ago