BCH, LTC, BTG, Zcash, and Scash are all developed based on the Bitcoin protocol, summarized as follows: - $BCH: A hard fork from Bitcoin in 2017, changing core parameters and taking an independent technical route. ​ - $LTC: Inspired by Bitcoin, based on its protocol, using the Scrypt mining algorithm. ​ - $BTG: A hard fork from Bitcoin in 2017, replacing the SHA-256 algorithm with Equihash. ​ - $Zcash: Modified from Bitcoin version 0.11.2 code, adding zk-SNARKs privacy mechanism. ​ - $Scash: A Bitcoin Core branch, combining the Bitcoin protocol with Monero's RandomX algorithm, adhering to the same consensus rules. These examples demonstrate that Bitcoin (#Bitcoin) is the first decentralized network capable of achieving secure value storage and peer-to-peer transfer without the endorsement of a centralized institution, with its core value being validated by the market over the long term. Satoshi Cash Network ($SCASH), as a new asset, has one of its core prerequisites for potential release being market acceptance. Only with more users holding it and more scenarios accepting it can a new asset transition from a "technical concept" to "market value." May the Satoshi Cash Network carry the spirit of technology and welcome good fortune in the market!
Show original
5.71K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.