What was the Bitconnect (BCC) Ponzi scheme?

BitConnect (BCC) was an allegedly open source cryptocurrency and the native token of the now-defunct ponzi scheme BitConnect. Launched in February 2016, shortly after the project itself, BCC aimed to function as the means by which participants in the BitConnect scheme invested and received payouts.

What is Bitconnect Coin (BCC)?

At its heart, BitConnect Coin (BCC on the cryptocurrency exchanges) is simply a decentralized cryptocurrency that is community driven. What makes this digital asset unique is that holders of the coin are rewarded with interest for helping to maintain the security of the network.

What is cryptocurrency and how does it work?

Cryptocurrency is decentralized digital money that’s based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 9,000 different cryptocurrencies in circulation. How Does Cryptocurrency Work? A cryptocurrency is a digital, encrypted, and decentralized medium of exchange.

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) is a cryptocurrency that shares many of the same characteristics as Bitcoin (BTC) yet also integrates a number of changes and features that set it apart.