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Why Fork bcc

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Why do we need to fork bcc? Why fork bcc? This is because the tokens of both ne

Why Fork bcc

Why do we need to fork bcc? Why fork bcc? This is because the tokens of both networks are mined by individuals who originally held BCC, and these users are part of a new software invented by Bitcoin core developer Peter Todd.

There is a very important feature in the Bitcoin protocol called consensus. This feature determines that everyone in the system can participate in decentralized governance. Therefore, we should consider centralizing this power and making it stronger to promote the stability and security of the entire system. This will allow more people to participate and conduct larger scale research and development, thus providing greater security for the network. Why fork bcc? The reasons are as follows:

1. The block rewards don’t have enough time to sustain operation;

2. To ensure the ability to maintain normal operation of the network and prevent 51% attacks;

3. If community members cannot persist, it will not affect other miners;

4. If the majority supports it, a hard fork will occur;

5. Although most people currently oppose hard forks, it is unacceptable for those who want to transfer their assets to others. When you exchange your own funds for BTC/ETH or other cryptocurrencies, you actually lose the value storage for many people. This is why we need to fork.

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