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What is Bitkan (What does it mean?)

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What is Bitkan? According to official information from bitkan.io, it is a domai

What is Bitkan (What does it mean?)

What is Bitkan? According to official information from bitkan.io, it is a domain service of BitKan. It is a website composed of users and developers, aiming to integrate content, music, and other content with blockchain technology to achieve digital currency payment functionality. Websites with these users can operate and develop as a platform for community services. Its features include supporting multiple language versions and high interoperability. It can also provide users with various dApps and service types.

What does it mean?

According to cryptoglobe news, the English full name of Bitcoin is Bitcoin.com. Its meaning is “Bitcoin,” which means creating a decentralized network on the blockchain.

Simply put, “Bitcoin” and “Litecoin” are relatively new and easily understandable concepts. They both originate from two terms: Ethereum and Zcash. Words such as “Ethereum” and “XMR” were born from this name, while “ZEC” refers to the process of generating digital currency using computer code. This includes three keywords: “ETH”.

Therefore, “Ethereum” and “zkSync (Monero)” are code names, which means that these codes respectively refer to “BTC” and “LTC”.

Of course, “ETC,” “BCH,” and “XLM” are not synonyms but rather very small transactions. If we view the whole process as a technological advancement, then “eth2” is equivalent to the mobile communication system in the Internet era, such as WeChat Pay or Alipay.

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