1. What is bc?

BCTokens Introduction

1. Bitcoin Confidential (BC):

2. Introduction: Bitcoin Confidential is a cryptocurrency that employs privacy technology aimed at providing user privacy and security. It is built on Bitcoin (Bitcoin) blockchain technology but incorporates numerous improvements to ensure user privacy.

3. Technical Features: It uses advanced cryptographic methods such as Ring Signature and Zero Knowledge Proof, making transactions anonymous and untraceable. This means that during a transaction, the sender, receiver, and transaction amount are protected and not revealed to anyone.

4. Bitcurrency (BC):

5. Introduction: Bitcurrency is a PoS-based token with a total supply of 27,459.4 million BC.

Note: The above information only introduces two different tokens, namely Bitcoin Confidential and Bitcurrency, both of which have different characteristics and application scenarios.

2. Who founded bc?

According to the information provided, there are multiple tokens that use “BC” as an abbreviation, leading to confusion. The following explains the results of the search:

1. BitCurrency (BC): According to sources, BitCurrency is a PoS-based token, but the founder is not explicitly mentioned.

2. Bitcoin Confidential (BC): According to sources, Bitcoin Confidential is a cryptocurrency that emphasizes confidentiality and privacy. It was created by the SmartCash team, composed of experienced blockchain developers and experts.

Therefore, if referring to “Bitcoin Confidential (BC),” it was created by the SmartCash team.

3. Which venture capitalists invested in bc?

Based on the information provided, here are the venture capital and financial institutions collaborating with BC Technology Group (00863):

1. SC Ventures: The innovation investment arm of Standard Chartered Bank, partnering with BC Technology Group to establish a digital asset brokerage and trading platform, serving institutional and corporate clients in the UK and Europe.

2. DBS Bank: Signed a service agreement with BC Technology Group's wholly-owned subsidiary BC Market Place (HK) Limited to provide technical services.

3. Interactive Brokers: Collaborated with BC Technology Group to launch digital asset trading services in Hong Kong through the OSL platform.

4. Yucheng Fintech Ltd. (裕承科金): Reached a strategic cooperation agreement with BC Technology Group to jointly create an end-to-end digital asset financial services ecosystem.

These partnerships indicate that BC Technology Group has established collaborations with multiple financial institutions and venture capital firms to promote the development of digital asset trading services.

4. How does bc work?

How BCTokens (Bitcoin Confidential) Works:

1. Basic Technology: Bitcoin Confidential is built on Bitcoin (Bitcoin) blockchain technology but has made enhancements to ensure user privacy.

2. Privacy Protection: It employs advanced cryptographic methods like Ring Signature and Zero Knowledge Proof to make transactions anonymous and untraceable. This means during the transaction process, the sender, receiver, and transaction amount are protected and not revealed to anyone.

3. Consensus Algorithm: It uses a distributed consensus algorithm, specifically Proof of Stake v3.0 (PoS v3.0). This method allows users holding Bitcoin Confidential to verify and confirm the validity of transactions by holding and locking a certain amount of tokens. This not only helps to reduce energy consumption but also enhances the network's scalability and security.

4. Transaction Features: Bitcoin Confidential offers higher levels of security and anonymity, providing a more private transaction environment for individuals and businesses to protect their financial privacy and trade secrets. Additionally, Bitcoin Confidential offers faster transaction confirmation speeds and lower transaction fees, making it a practical digital currency.

Overall, Bitcoin Confidential creates an anonymous and convenient trading experience for users by providing enhanced privacy protection and security.