Ethereum ETH to Business Credit Substitute BCS Exchange

Crypto Pair Details: ETH to BCS

Ethereum ETH

Ethereum is a smart contract platform that enables developers to build tokens and decentralized applications (dapps). ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts. Smart contract is essentially a computer code that runs exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares, or anything of value. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Ethereum allows programmers to run complete-turing smart contracts that is capable of any customizations. Rather than giving a set of limited operations, Ethereum allows developers to have complete control over customization of their smart contract, giving developers the power to build unique and innovative applications. Ethereum being the first blockchain based smart contract platform, they have gained much popularity, resulting in new competitors fighting for market share. The competitors includes: Ethereum Classic which is the oldchain of Ethereum, Qtum, EOS, Neo, Icon, Tron and Cardano. Ethereum wallets are fairly simple to set up with multiple popular choices such as myetherwallet, metamask, and Trezor. Read here for more guide on using ethereum wallet: How to Use an Ethereum Wallet

Business Credit Substitute BCS

BCAChain Using self-optimized POBC (goodwill certification) as the underlying consensus mechanism, and introducing the real world credit system to provide better operation and support for anonymous block chain network. BCAChain Focus on the new retail industry with rich landing scenarios, aiming at creating a supply chain traceability, quantifiable credit, transparent data, consumer shopping, membership services, precision marketing, centralized procurement scenarios in one, forming online e-commerce transactions, offline shopping experience, and building a new retail public chain ecology with multi-participation and multi-benefit. On November 8, 2018, BCAChain Foundation officially joined China Cloud System Industry Innovation Strategic Alliance as a governing unit. At present, BCAChain has completed the release of open source code at the bottom of block chain, wallet and DAPP application, and is expected to be on the main line in the second half of 2019.

SOURCE: COINGECKO

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