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New SLP Token Allows You to Transact in BTC But With BCH Fees

There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with BTC, but utilize the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who Added Schnorr Signatures to Bcash Introducing BTC2: Where Store of Value meets Medium of Exchange In January, news.Bitcoin.com reported on the launch of Sideshift.ai, an application that allows users to swap cryptocurrencies between chains. Sideshift...

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Published By: Bitcoin - 14-06-2019