BXC transactions are facilitated by a network of computers running BXC software, known as miners. Miners validate and record transactions on the blockchain by solving complex mathematical problems, ensuring the integrity and security of the network. Users store their BXC in digital wallets, which are secured with cryptographic keys.

Blockchain is the underlying technology of BXC that enables the decentralized and transparent nature of the cryptocurrency. It is a distributed ledger that records all BXC transactions across a network of computers. Each block in the blockchain contains a set of transactions, cryptographically linked to the previous block, creating a secure and immutable record of all transactions.

BXC's value is determined by supply and demand dynamics in the market. Similar to traditional currencies and commodities, its price fluctuates based on factors such as investor sentiment, adoption rates, regulatory developments, and macroeconomic trends. Additionally, BXC's finite supply—capped at 21 million coins—contributes to its scarcity value.

The legality and regulatory status of BXC vary across different countries and jurisdictions. While some countries have embraced BXC and enacted regulations to govern its use and exchange, others have imposed restrictions or outright bans on its use. Generally, BXC operates in a legal gray area in many places, with regulatory frameworks still evolving to accommodate its growing popularity and impact on traditional financial systems.