NOWNodes is a great opportunity to join BCH blockchain or to lighten you crypto infrastructure. Connect to full BCH node, block explorer and testnet now!
Bitcoin Cash (BCH) is a decentralized, peer-to-peer (P2P) electronic cash system that does not rely on a central authority, such as a government or a financial institution, and represents a fundamental redesign of the nature surrounding money.
It is open to anyone as nobody controls or owns Bitcoin Cash as a project, and there is no Chief Executive Officer, which means that nobody needs to ask anyone else permission to use it.
The identities are not tied to the transactions either, which aids when it comes to ensuring that it remains free to get used by anyone.
Despite the existence of many other cryptocurrencies, BCH has a lot of advantages and here are just a couple of them.
All of the transactions are recorded within a global public ledger that we know as the blockchain network that allows Bitcoin Cash to function the way it does. This ledger is updated regularly in blocks, all of which are connected together in order to form a chain. This essentially lets anyone easily see the history of ownership and can aid in the elimination of the potential for fraud.
Bitcoin Cash (BCH) relies on a consensus mechanism known as Proof-of-Work (PoW), where miners can essentially compete against one another with the main goal of adding blocks to the chain that constructs the ledger. The hardware, as well as the energy costs associated with mining, go a long way towards establishing the security of the network and can guarantee that attackers of the network cannot profit.
Bitcoin Cash (BCH), as a blockchain, has a fixed supply of 21,000,000 million coins. What this means is that there can never exist more than that amount of BTC, which makes it a hard asset, and provides people with the opportunity to store value digitally throughout prolonged time periods.
Bitcoin Cash (BCH) provides an excellent blockchain network on top of which there can be developments, and where traders, as well as investors, can utilize the network as a means of gaining access to the BCH coins that they need for their monetary purposes.
BCH is a Proof-of-Work (PoW) based coin and network; each user can get a lot of data when they decide to utilize a blockchain node to explore it.
Users can gain access to data surrounding the hashrate, difficulty, block height, wallet addresses, transaction data, balance history tickers list, or anything else that they need.
All each user essentially needs to do in order to get started is to navigate to the official NOWNodes website, after which they can enter their email address and click on "GET FREE API KEY."
They can also visit the official documentation page, where they will be able to go over all of the codes and commands that they need to know in order to establish a secure connection. You can find the full node list here.
The NOWNodes node explorer is trusted by Vision, Hybrix, PointPay, Spatium, and others.
essentially allows users and developers to synchronize with the network through a block explorer that is always maintained and managed by NOWNodes.
What this means is that once users manage to synchronize with the network, they can access all of the blockchain-related data that they need, and each explorer has an uptime of 99.95%.
