The year of 2017 has been proven dramatic. Public never expected the price of Bitcoin could be so volatile. ICO terminated by government. Many more forks were born and more to come. No one recalls since when does fork became less serious.
On December 12, 2017, Bitcoin fork reaches its first climax, at least 5 forks occurred on that day. Announcement of BCX and SBTC came to be noticed. There are more forks coming at this Christmas.
Bitcoin Diamond, Bitcoin God, Super Bitcoin, Bitcoin Cash, BCX...with the appearance of those forks, there was a lot of outcry and some people are more than happy to accept those free "Candy". If you have one Bitcoin in December, 2017 you'd have approximately ￥1500 for free by now. People just took those free candy, but no one cares about the motivations behind the project. Only the team themselves knows their true intention. Any one of us should know how to distinguish projects, this can both benefit users and community.
BCX as one of the Bitcoin fork, has been listed on major exchanges and doing well. BCX was first introduced by a twitter account named "Satoshi Nakamoto". BCX has a strong appeal to users, not for its announcement, but for "his" angry and dissatisfaction with current state of Bitcoin. In his tweets and quote "I have lost my trust in Team Core. BCH only solved their own mining problem. B2X wants to build an empire out of empty slogans. SBTC has some idea but their dev-team still needs to be tested. All their fantasying about how to mining more efficient is just excuses for fast buck."
Bitcoin has becoming a toy only for rich for being too conservative. Bitcoin and normal users are drifting apart. Bitcoin is incapable of handling mass transaction and normal users' need. Community can't resolve their differences on scaling problem. Then it hard-forked, but with all that forks, no one really solved the problem of transaction speed.
So, in "his" tweets and quote: “This is the final warning, for those who have betrayed our faith, BCX will bring a swift end to ifo." In "his" eyes, BCX is the true Bitcoin for the future.
A few days after its announcement, BCX’s official website go live, available in English, Japanese, Korean, Russian. Judging from their website, Team behind BCX is well prepared and experienced on Blockchain.
Team BCX tweets: “The reason for BCX and our team is to fulfill Satoshi Nakamoto's vision without any compromises." We could tell what it is that Team BCX want from BCX's features.
2 minutes of block interval made timely transaction possible. 2M block size has bigger capacity. DAA difficulty adjustment ensure block generating time remains the same. Segwit, replay protection, unique address format, smart contract, lightning network supported. Zero knowledge proof can protect user's privacy. BCX provided the most comprehensive features among other Bitcoin forks. Made BCX can be adopted everywhere.
One more important feature of BCX is 210 Billion total supply. This is the improvement on Bitcoin's low supply. 210 Billion can perfectly meets the need of users across globe. A Bitcoin that everyone can have, BCX has a sound future.
2 days After being listed on major exchanges including Huobi.pro, OKEX, KEX and more, BCX is apparently doing well, especially comparing other forks. According to Huobi.pro, BCX jumps 553%, current price is about $0.08, total transaction volume hits trading volume hits $30 million.
According the ratio of 1 BTC: 10000 BCX, Bitcoin holders can have more than $1000 per Bitcoin. This is way more than other forks. This is merely the results 3 days after being listed on exchanges. Their attitude and ability are why BCX is a hit now.