Developers of Bitcoin Cash (BCH) released an update to CashTokens that allows you to create digital assets within the network.
Users will be able to create fungible and non-fungible tokens, as well as DeFi applications based on Bitcoin Cash. The update is intended to provide additional security and privacy for the protocol.
“CashTokens is a built-in add-on feature of the Bitcoin Cash network. Token-enabled wallets use unique billing addresses or request parameters to account for the ability to receive created coins, so users don’t have to worry about send compatibility,” reads the statement. blog developers.
Other innovations include a reduction in the size of transactions, which will speed up the transfer of data, as well as improvements to smart contracts, which allow the implementation of the function of recurring payments, derivatives trading and crowdfunding.
Update supported crypto exchange Binance. For the time being, the platform has suspended the withdrawal of BCH and will resume it after the successful launch of new features. Service representatives promised to comply with all technical requirements related to Bitcoin Cash.
Against the background of the launch of CashTokens, the price of BCH increased by 2.7% per day. At the time of writing, the asset is trading at $117.72.
Recall that in November 2022, the Prime Minister of Saint Kitts and Nevis Terrence Drew allowed the legalization of Bitcoin Cash. According to him, the cryptocurrency revolution can bring “tremendous benefits and business opportunities.”
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
Developers of Bitcoin Cash (BCH) released an update to CashTokens that allows you to create digital assets within the network.
Users will be able to create fungible and non-fungible tokens, as well as DeFi applications based on Bitcoin Cash. The update is intended to provide additional security and privacy for the protocol.
“CashTokens is a built-in add-on feature of the Bitcoin Cash network. Token-enabled wallets use unique billing addresses or request parameters to account for the ability to receive created coins, so users don’t have to worry about send compatibility,” reads the statement. blog developers.
Other innovations include a reduction in the size of transactions, which will speed up the transfer of data, as well as improvements to smart contracts, which allow the implementation of the function of recurring payments, derivatives trading and crowdfunding.
Update supported crypto exchange Binance. For the time being, the platform has suspended the withdrawal of BCH and will resume it after the successful launch of new features. Service representatives promised to comply with all technical requirements related to Bitcoin Cash.
Against the background of the launch of CashTokens, the price of BCH increased by 2.7% per day. At the time of writing, the asset is trading at $117.72.
Recall that in November 2022, the Prime Minister of Saint Kitts and Nevis Terrence Drew allowed the legalization of Bitcoin Cash. According to him, the cryptocurrency revolution can bring “tremendous benefits and business opportunities.”
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!