What does bcx mainnet mean (bsc mainnet settings)
What does bcx mainnet mean Editor\’s note: This article is from Cyan Cloud Block
What does bcx mainnet mean Editor’s note: This article is from Cyan Cloud Blockchain (ID: cybtc_com), authorized to be reproduced by Odaily Star Planet Daily.
Running a website on the Bitcoin network, but it is not a complete node system, or it is a decentralized database. If we look at this website, it is a completely different server and computer equipment.
So what is the mainnet? What does it mean? It means that users can log into the website through their own accounts to conduct transactions. This allows the user’s wallet to become the software you want to use.
In order to facilitate more people to use this functionality, you can choose some other tools such as MetaMask, BitKeep, etc. Of course, these applications also provide some services, but they do not support all cryptocurrency exchanges.
So for those who do not like to use their funds to purchase a certain token, they are a more suitable choice than buying and selling this digital asset through trusted individuals. Therefore, they can create a new account on it.
Why add a new account? Because they want to see more information about their platform. This new account needs to write the password on paper, then put it in the hard disk and keep it safe to continue working. At the same time, there are many operational processes that take time and cost, and there is no need to pay small transfers like traditional credit cards, and even no interest.
bsc mainnet settings
According to official news from bsc.one, the BSC mainnet officially starts at 4:00 a.m. today. The main purpose of this upgrade is to achieve the scalability, security and decentralization features of the chain; it will support various network types Consensus algorithm (DPoS) mechanism and cross-chain protocol and other technologies.
The current version of the mainnet will be online at 10:00 a.m. Beijing time on July 13th (9:00 p.m. Singapore time), and will start the node election activity and Bsc ecosystem development plan at 10:00 p.m. Hong Kong time on August 31st. At that time, users can choose to join the BSC ecosystem to participate in the competition and get more rewards and block rewards pool.
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