BTC King, referred to as BCK, the Chinese name is Bitcoin King, is a fork coin that was generated at the height of Bitcoin at block 499999. Bitcoin King will reference different consensus mechanisms to create new blocks. The original Bitcoin blocks remain unchanged, and the newly forked blocks will be separated from the original chain. It will inherit Bitcoin's transaction history until it begins to fork and break away from Bitcoin to produce a new block. As a result of this process, a new cryptocurrency was born, which is Bitcoin King!
What problems can Bitcoin King solve:
1. Second-level transaction speed. Bitcoin King will introduce the DPOS consensus algorithm to the transactions between wallets in the later stage. Transfers between users can be completed in just a few seconds!
2. Less handling fees. The new mining mechanism makes Bitcoin King transactions more efficient, thereby greatly reducing transaction fees, allowing users to benefit, and making Bitcoin King more practical!
3. Privacy protection. In order to protect users’ information security and personal privacy, Bitcoin King encrypts the amount of each transaction.
The total supply of Bitcoin Kings:
The total supply of Bitcoin Kings is 21.21 million, of which 210,000 are pre-mined for the fork.
Use of pre-mined Bitcoin Kings:
210,000 Bitcoin Kings are managed by the foundation and are mainly used to encourage early developers, invest in ecological construction, and fund operations.
The above is the detailed content of Which exchanges are bck coins listed on (the latest news about bchc coins). For more information, please follow other related articles on the PHP Chinese website!
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