The year of 2017 is phenomenal for cryptocurrency, the public is well educated about Blockchain and cryptocurrency, most of them even become cryptocurrency investors. But Blockchain is still in its infancy, the final goal of Blockchain is to be implement in real-life to revolutionized our life.
The amazing development of Blockchain in 2017 have attracted brilliant minds to join in the industry, which provided a sound foundation for Blockchain. In 2018, more and more Blockchain will be applied to our daily life, 2018 will be the boom year for Blockchain.
Even as famous as Bitcoin, certain sees its share of ups and downs. Due to it's slow transaction speed and expensive transaction fee, Bitcoin has been constantly criticized by the public. The scaling problem caused major debate in the community. If Bitcoin keeps on operating like this, then Bitcoin has nothing to do with "A Peer-to-Peer Electronic Cash System", it loses its ability to be implemented in real life.
Bitcoin Core's omission made the community to fork their own version of Bitcoin based on their understanding and needs. BCX as one of the forks, claiming that to fulfill Satoshi Nakamoto's vision without compromises. The team behind BCX is operating anonymously. The team says: We believe in decentralization.
BCX is well upgraded compared with Bitcoin. The transaction speed is 2400% faster than Bitcoin. Transaction fee is only $0.00074 per KB. As for Bitcoin, according to BitinfoCharts, Bitcoin's fee per transaction is average $28.
On top of that, BCX also introduced Smart Contract to fill the gap. Which allows BCX to be highly expandable. Also made possible for BCX to be deployed in real life. BCX recently announced support for Smart Contact ahead of schedule in Q2, 2018. Judging from this news, we can tell the team is focused on implementing BCX in real life.
With the support of Smart Contract, any third-party developer is able to develop APP on BCX's chain. This is certainly a great news for BCX and its investors. BCX's team is operating anonymously, makes the whole projects seems low key. despite the fact that BCX is listed on major exchanges. The team of BCX is very focused on the technology, this is a lot like the Bitcoin when it firstly announced to the world.
BCX has a well experienced team with technological strength, although its low-key operation, with its upgraded features with Smart Contract, BCX will have the chance to release its true potential in 2018.