What is the difference between BCH and BCC in the cryptocurrency world?

3 answers

• Dec 15, 2021 · 3 years ago
  BCH and BCC are both acronyms used in the cryptocurrency world, but they refer to different things. BCH stands for Bitcoin Cash, which is a cryptocurrency that was created as a result of a hard fork from the original Bitcoin network. BCC, on the other hand, stands for BitConnect, which was a cryptocurrency and lending platform that was later found to be a Ponzi scheme and shut down. So, in summary, BCH is a legitimate cryptocurrency, while BCC was a scam.
  459230
• Dec 15, 2021 · 3 years ago
  BCH and BCC are often confused because of their similar acronyms, but they are completely different cryptocurrencies. BCH, or Bitcoin Cash, was created in 2017 as a result of a disagreement within the Bitcoin community about the scalability of the original Bitcoin network. BCC, or BitConnect, was a completely separate cryptocurrency that promised high returns through a lending program. However, it was later revealed to be a scam and was shut down. So, to clarify, BCH is a legitimate cryptocurrency, while BCC was a fraudulent project.
  539180
• Dec 15, 2021 · 3 years ago
  BCH and BCC are two acronyms that have caused a lot of confusion in the cryptocurrency world. BCH, or Bitcoin Cash, is a cryptocurrency that was created as a result of a hard fork from the original Bitcoin network. It was designed to address some of the scalability issues of Bitcoin and provide faster and cheaper transactions. On the other hand, BCC, or BitConnect, was a cryptocurrency and lending platform that promised high returns to investors. However, it was later exposed as a Ponzi scheme and was shut down. So, in short, BCH is a legitimate cryptocurrency, while BCC was a fraudulent project that collapsed.
  618155