Hi, I was surfing on the internet about cryptocurrency? I have lots of questions about Cryptocurrency and found Bitcoin Cash!! So first clear that what is a BlockChain, What is Cryptocurrency? and what is Bitcoin Cash
What is BlockChain?
Blockchain technology works as a smart Database how Database Works? the database is the storage of information that collects from computers. The database creates in table format it helps to search and filter to find specific content. now the question is we can also use row and columns in excel so what is the difference between Ms-Excel and Database?? when we are talking about data in this Technological area it doesn't mean we are talking about 1 person or a small group of business we can use excel otherwise we are talking about billion or trillion than we are talking about Database achieve by building DataCenters.so it was a simple and small example or database now back to the point what is difference between database structure and Blockchain data structure. Blockchain gathers information in-group we can also call them blocks, those blocks collect the set of information. just like we have storage capacity in our computer. those blocks have storage capacity. when our computer memory Is full we can use an external device or add another hard disk to our computer. but blockchain makes a chain after full fill block storage. the chain of data called the blockchain. The database uses tables but the blockchain is used own logic Implies structures. how that are chained together.
What is cryptocurrency How Its Works?
This question is asked about thousands of times in Pakistan? every people want to know about Cryptocurrency. so read the whole article to know about cryptocurrency. now you have an idea about blockchain and how its works. crypto uses blockchain technology but doesn't have currency to buy stuff for anything or online. so now we have a Cryptocurrency that makes us free from Visa, Master, or different Gateways. if we have cryptocurrency we can easily buy and sell it without any gateway charges. we can create our wallet encrypted account from a given cryptocurrency builder like Bitcoin cash.
What is Bitcoin Cash?
BITCOIN CASH Ledger starts in 2009. Bitcoin Cash was split from Bitcoin. Roger Ver is an earlier BITCOIN investor or Entrepreneur is also know as Bitcoin Jesus. he split from Bitcoin and create his own path BITCOIN CASH. When Roger Ver Sperate from Bitcoin his split height #478559 or split ratio 1:1. you can also find details about bitcoin Cash on the Website. I am attaching a graphical representation of BitcoinCash History
As you saw the graphical History of Bitcoin cash.i was reading an article by Brain Kelly he is a CNBC contributor and the CEO and founder of digital currencies-focused investment firm BKCM LLC.his primary proposal for creating a "BitcoinCash Development fund" that will open numerous opportunities to build a necessary application for bitcoin cash. Then bitcoin cash miners had a meeting to discuss the necessary funding. As per suggestion miners will contribute their reward to the bitcoin cash development. then the capital will be used to develop necessary development.BitcoinCash gain popularity in April 2019 it surged from $634 to a peak of around $1,818 by early May.
I know this information is not enough for you guys but it will help you out to know how any why we are working on cryptocurrency and we will be part of Metaverse
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Thank You All of You for reading