What is Bitcoin Chen (Bitcoin XEC)

Bitcoin Chen today posted a Weibo saying that Bitcoin Chen (Li Xiaolai) is a ver

What is Bitcoin Chen (Bitcoin XEC)

Bitcoin Chen today posted a Weibo saying that Bitcoin Chen (Li Xiaolai) is a very intelligent person. I think many people have doubts about him, but actually he clearly told me a point: Bitcoin is something that has no value and cannot be invented.

When talking about the blockchain technology and applications he is involved in, Chen said, “Many companies are now working on various things,” and the same goes for the application scenarios of blockchain. “If you want to develop a project that can truly solve practical problems, you need to turn it into a new currency.”

Bitcoin XEC

According to coindesk, Bitcoin XEC was released on Github on February 17. The project aims to create an easy-to-use blockchain protocol for storing, verifying, and sending transactions. According to a white paper of the Bitcoin network, “xcedium” is the first open-source software version developed by cryptographers. Although many people see this as a good start, they don’t like using it with cryptocurrencies like Ethereum or XRP. Due to its decentralized nature and anonymity, it is difficult to access and therefore needs to be expanded.

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