比特币和比特币现金

Jens Chrzanowski, Admiral Markets

全世界都在讨论加密货币，而且每周都有火爆的消息传出。你可能已经对比特币略有了解，那我们现在就去近距离观察比特币现金吧。

若想解释比特币现金，就要先从比特币说起。

目前为止，加密货币仍然是一个新兴的话题，而且仍在不断演化中。最新的进展是比特币进行了“硬分叉”。“硬分叉”是当比特币协议规则发生改变，区块链分割成两条链或多条链。比特币就在上周分成了两个加密货币：比特币和比特币现金。

因此，硬分叉确实出现了。在2017年8月1日，区块链分成了比特币(BTC)和比特币现金(BCH)，二者拥有相同的历史，未来却彼此独立。我很高兴地告诉大家， Admiral Markets是第一批支持MT4比特币杠杆交易的经纪商。有些经纪商的MT4平台甚至完全不支持加密货币交易。

硬分叉的原理与股票分割有些许相似之处。举例来讲，新股发行后，股票总数量增加，旧股价值降低，新股旧股的价值是相同的。

这就是所谓的稀释，旧股股价的亏损会以新股来补足。但是新股（比特币现金）对应到比特币硬分叉中，则会获得巨额的额外补偿。这便是两者的区别之处。

即使BCH新生不足几天，但以超过莱特币和瑞波币的市场资本，成为第三大最有价值的加密货币了。

你可以把比特币现金成为比特币的小姐妹。比特币现金的成长会有多快？未来会有多成功？让我们拭目以待。

Bitcoin vs Bitcoin Cash
 
Jens Chrzanowski, Admiral Markets

The entire trading world can’t help talking about cryptocurrencies, and there seems to be hot news every week. You’re probably already familiar with Bitcoin, so let’s take a closer look at Bitcoin Cash.

To explain what Bitcoin Cash is, we have to start with Bitcoin…

Cryptocurrencies are still quite new and ever-evolving, and the latest news surrounding Bitcoin was a ‘hard fork’. The term ‘hard fork’ refers to a change in protocol which may split the blockchain in two – or even more – independent chains of blocks following their own path, with a permanent technical divergence between such new blockchains. What happened this week was the splitting of Bitcoin into two cryptocurrencies, Bitcoin and Bitcoin Cash.

So, the hard fork did happen! On 1 August 2017, the blockchain split in two: you can now trade Bitcoin (BTC) and Bitcoin Cash (BCH) – the two sharing a common history but, from now onwards, a fully independent future. And I’m delighted to say that Admiral Markets is one of the first to enable Bitcoin Cash for leveraged trading, in MetaTrader 4. Some brokers don’t have Cryptocurrencies available for trading at all on this, the most popular trading platform in the world.

The hard fork principle has certain parallels with a stock split, for example – new shares are issued so that the total number of shares increases, and the value of the old shares decreases. This difference is reflected in market theory, by 1:1 in the price of the old and new shares.

The so-called dilution takes place, even if the price loss of the old shares is compensated by additional new shares. However, the new share (Bitcoin Cash) transferred to the Bitcoin hard fork (split) has massively overcompensated this difference.

Even if the history of BTC currently only covers a couple of days, it has already become the third most valued cryptocurrency globally by market capitalisation, surpassing Litecoin and Ripple.

You could call Bitcoin Cash the little sister of Bitcoin. We’ll soon be able to see how fast it’ll grow and how successful it will be. Watch this space…

本文翻译由兄弟财经提供
文章来源：https://www.leaprate.com/experts/jens-chrzanowski/bitcoin-vs-bitcoin-cash/