Bitcoin Cash (BCC) is called Bitcoin Cash, its name suggests, its designers hope bitcoin is a Cash, which is also in line with Nakamoto's original intention - Bitcoin is a peer-to-peer cash system. Point-to-point cash system, in order to achieve everyone's own wealth. Due to the rapid growth of users using bitcoin, bitcoin expansion is imminent, but this thing is not so smooth, absolute democracy, and sometimes inefficient. Today, expansion has also been debated for three years, until now, many people have pessimistic about bitcoin, it gave birth to the BCC, people have a strong desire to promote Bitcoin forward, even if it is split, it is better than stagnancy, the human History and biology itself is also the continuous division and reorganization, have such a huge world.
Bitcoin Cash(BCC) is a blockchain asset that is produced under the Bitcoin ABC program. In order to keep the protocol stable and stable, the Bitcoin ABC solution removes the Segwit function and supports the upgrade of the block size to 8M, which is a technical solution for the expansion on the chain. The Bitcoin ABC code is based on a stable version of the bitcoin protocol that has been enhanced to include Segwit for greater stability, security and robustness. It is a backup of the current bitcoin protocol and bitcoin system, and BCC will change from 2017 August 20, 20:20 start mining.
Binary Cash (BCC) is a hard-to-fork currency of bitcoin that modifies bitcoin code, supports large blocks, and does not include Segwit. BCC's past life is bitcoin. Before fork, the data in the blockchain it stores and the software it runs are compatible with all bitcoin nodes, and at the moment of fork, it starts to execute the new code, Block, thus forming a hard fork on the chain. August 1 officially bifurcated into a new currency.
Official Website: https://www.bitcoincash.org