The Safest Way To Split BCH to BCHA coins. Actual Official Splitting Tool in 2021
Bela Balog
Altcoins
3 years ago
1 QCP
On November 15, the Bitcoin Cash (BCH) blockchain split into two chains. To tell the two chains apart, each was given a provisional name by exchanges: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN).
When a chain split happens, one chain will typically hold onto the original cryptocurrency name and ticker, while the other chain will become a separate cryptocurrency with new branding. In this case, BCHN held on to the BCH name and ticker.
BCHA is a cryptocurrency that was created during the recent Bitcoin Cash chain split. The official coin branding and website are coming soon.
BCHA is a cryptocurrency that was created during the recent Bitcoin Cash chain split.
BCHA has a unique funding feature called the coinbase rule. It finances network development predictably from the BCHA block reward.
Everyone that owned BCH before the chain split now also owns an equal amount of BCHA.
What makes BCHA different from BCH?
Described as innovative by Binance, BCHA has a unique funding feature called the coinbase rule, which reinvests 8% of each BCHA block reward to fund future network development. This funding model rewards the technical talent developing the network through predictable compensation (a salary), whereas BCH relies on a donation funding model instead.
Half of the funds raised by the coinbase rule will finance ongoing roadmap development, so BCHA can scale to become sound money for the world. The other half of the funds will be managed by the Global Network Council a collection of miners and holders who decide which projects will receive funding to bring value to the network.
How to Split your Bitcoin Cash (BCH) and Bitcoin ABC (BCHA)?
Visit the official ABC Splitting site: https://splitbch.org
Details you can read on
https://steemit.com/bch/@bitcoincashabc/the-safest-way-to-split-bch-bcha-coins-actual-official-splitting-tool-in-2021
When a chain split happens, one chain will typically hold onto the original cryptocurrency name and ticker, while the other chain will become a separate cryptocurrency with new branding. In this case, BCHN held on to the BCH name and ticker.
BCHA is a cryptocurrency that was created during the recent Bitcoin Cash chain split. The official coin branding and website are coming soon.
BCHA is a cryptocurrency that was created during the recent Bitcoin Cash chain split.
BCHA has a unique funding feature called the coinbase rule. It finances network development predictably from the BCHA block reward.
Everyone that owned BCH before the chain split now also owns an equal amount of BCHA.
What makes BCHA different from BCH?
Described as innovative by Binance, BCHA has a unique funding feature called the coinbase rule, which reinvests 8% of each BCHA block reward to fund future network development. This funding model rewards the technical talent developing the network through predictable compensation (a salary), whereas BCH relies on a donation funding model instead.
Half of the funds raised by the coinbase rule will finance ongoing roadmap development, so BCHA can scale to become sound money for the world. The other half of the funds will be managed by the Global Network Council a collection of miners and holders who decide which projects will receive funding to bring value to the network.
How to Split your Bitcoin Cash (BCH) and Bitcoin ABC (BCHA)?
Visit the official ABC Splitting site: https://splitbch.org
Details you can read on
https://steemit.com/bch/@bitcoincashabc/the-safest-way-to-split-bch-bcha-coins-actual-official-splitting-tool-in-2021
- Nodes
- Blockchain
- Bitcoin Cash
- Cryptocurrency
- Blockchain funding
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