How To Secure Your Bitcoin Cash From Volatility
After the intense volatility of crypto currencies, the great market crash in 2018 taught a tough lesson to several . the worth of crypto currencies had vigorously fluctuated within two years. At the time, many started considering crypto currencies to be a highly unstable market filled with uncertainty and speculation.
As time evolves, means have been seeked to control the risk of such Volatility which prompted developers within the community to build solutions. Recently one of such solutions was announced on Bitcoin Cash, DeToken, a DeFi that uses Anyhedge's protocol to hedge and long Bitcoin Cash.
Volatility comes one's a coin gets to its peak value at a person then goes back down. For Instance, you happened to buy 1 Bitcoin Cash at $500, then the price suddenly gets down to $450. Volatility here has made you lose $50 at that period. For such occurrences to be controlled on Bitcoin Cash, here's a guide to how to do so.
How To Control Volatility With DeToken
**What Is DeToken?**
DeToken is a Decentralized Finance system that offers a trustless (blind oracle), limitless and secured access to peer to peer financial products across the world. The platform can be used to hedge an asset prior to a bearish trend or to Long an asset prior to a bullish trend.
DeToken features two contracts that lasts for 24hrs and also a non-custodial web wallet inwhich you can easily import an existing BCH wallet or create a new one.
**Controlling Volatility With DeToken**
Using the Hedge feature on DeToken, one can easily set an Hedge over his/her assets for 24 hours. The contract protects such asset from volatility retaining the Value of the asset at a fixed amount.
For Example: If a user hedges $1000 worth of Bitcoin cash at 2.0 BCH when BCH is $500, if the market gets volatile, let's say BCH is now at $450, the worth of the coin remains at $1000 while the value of the coin increases to 2.4BCH or so.
On the other way round, If the coins worth increases to $550, your $1000 remains intact and the coin reduces to 1.6 BCH.
**Advantages**
DeToken allows a contract for a period of 24hrs which means that your asset gets Secured from high volatility occuring within the period of contract.
Trustless: Implementing a blind oracle, you do not need to trust DeToken. You can get record of all your Transactions on the BCH BlockChain.
**Disadvantages**
During this period of contract, you can not make transactions with your assets until the contract expires.
You can not terminate an ongoing contract. Once you enter into a 24hr contract with DeToken after Registration, you can not terminate such contracts until it gets to expire at it's estimated time.
**Getting Started With DeToken** https://read.cash/@BitcoinCash247/detoken-defi-on-bitcoin-cash-c125806d
Step 1: Using your web or mobile browser, visit https://detoken.net then tap/click on get started.
Step 2: Create A Wallet, here you can create or import an existing wallet using your seed phrases.
Step 3: Read and agree the terms of DeToken before you continue.
Step 4: Fill in some personal details, these include your name, email address and password. Note: These details will grant you access to your DeToken wallet and must be kept private.
Step 5: Write down your Seed Word. The seed word is like a private key which gives access to reset your password, import your wallet anywhere and to your funds. This too must be kept private.
Step 6: For extra Security, You can choose to authenticate your DeToken wallet. Whenever you sign in to Detoken you will need to enter your 2FA code generated using a 2FA application.
Step 7: Confirm Your Email. A confirmation link will be sent to your email address, click on the link to complete your registration process.
Step 8: This is the final step. After email confirmation, you'll be taken back to a login page. Fill in your details and log in.
Read Also
3 Legit Ways To Earn Crypto Passively For Beginners https://read.cash/@BitcoinCash247/3-legit-ways-to-earn-crypto-passively-for-beginners-37429ce3
How To Track, Adjust Bitcoin and Bitcoin Cash Transaction Fees https://read.cash/@BitcoinCash247/how-to-track-adjust-bitcoin-and-bitcoin-cash-transaction-fees-23178e0e
How To Create An SLP Token https://read.cash/@BitcoinCash247/how-to-create-an-slp-token-c821ca86
Kindly Make use of the Comment section to express a point you don't understand. We will try as much as possible to respond. Thanks.
Bitcoin Cash MeetUp Akwa Ibom State, Nigeria
Taking Bitcoin Cash Adoption to Africa is one of the biggest steps towards achieving the Adoption Goals of the community. The Developing countries need a Currency that offers liquidity, fast in Transaction and cheap at transacting.
Bitcoin Cash MeetUp Akwa Ibom State, Nigeria is part of the Efforts to spread the adoption of Bitcoin Cash in Nigeria, which happens to be one of the African countries with the biggest population of Crypto users.
The Meetup at this first stage will be an introductory session to Bitcoin Cash, where we will discuss what BCH is and share some BCH. The Meetup will last for just 2hours and will be productive and successful.
Host: @Bestie
Sponsors: @SatoshisAngels @Stockleezy @BitcoinCash247
Resources: @BitcoinCashSite
We accept donations
bitcoincash:qpkzau6yyu20lmdt42z68rrt4vgmwr4q7ycw8jafcl
3 Legit Ways To Earn Crypto Passively For Beginners
3 Legit Ways To Earn Crypto Passively For Beginners
When it comes to crypto currencies, every one who gets to understand what it's all about, would want to earn some more. Some will choose to buy, some will want to mine and others would want to earn them.
Personally, For me, earning crypto currencies is not about feeding my present but about how I want my future to be so I get to value every fraction of coin I work to earn because it will definitely change my world in 2 to 3 years to come just like Bitcoin did to the likes of @RogerVer,@MarcDeMesel and a whole lot of others.
Some months ago, During the heat of the pandemic, I got locked into the room only to get exposed to Crypto Currencies and I've seen significant changes in every thing I do and the way I behave. Extending this knowledge to you is a gift and I hope you'll put all you read to work in order to earn crypto passively at your convenience.
**What Are Crypto Currencies?**
Crypto Currencies are digital currencies used as a payment system which does not rely on banks to verify transactions. You must have heard of Bitcoin. Bitcoin is just one of the Crypto Currencies which came first into existence.
According to an anonymous programer, Satoshi Nakamoto, Crypto Currencies (Bitcoin) are supposed to be used for daily peer to peer Transactions and unfortunately, only **Bitcoin Cash** keeps the vision alive.
**What Are The Requirements To Earn Crypto Passively As A Beginner?**
This shouldn't get deep and stressful so, I carefully selected three ways that is suitable and easy for Beginners to start earning Crypto Currencies. All you need is a good smartphone, a steady internet access, a bitcoin.com wallet and a brave browser.
You see! This wouldn't be a stressful process, it's something you get to do on daily basis and the more you do this, the more you earn some coins.
I know a lot of persons would want some "Get Rich Fast" ways to earn Crypto Currencies but this is definitely not one of those articles 🙂.
**Download The Brave Browser.**
Do you know that you can earn a crypto currency Passively from browsing with a mobile browser called Brave?
Brave Browser offers you the opportunity to earn Basic Attention Tokens BAT, as you use your browser.
Interestingly, we get to use the internet every day, so this would not cause us stress and we can do that at any convenient position. All you need to do is, Download the Brave Browser, Set it up and start Earning **BAT**.
**Use** **Presearch** **For Searches Instead Of Google.** https://presearch.org/signup?rid=1975402
Want to perform some searches on the internet? It's something you do on daily basis using Google, Bing or any other search engine.
Why not Use Presearch to make searches and thereby earn a Crypto currency called the Presearch Token?. Currently Presearch is Worth $0.002 and it's value gets increased as the demand increases. https://presearch.org/signup?rid=1975402
Performing a Search using Presearch.org rewards you with a fraction of 0.25 of the Presearch token.
**Make Some Noise On Noise.Cash**
Noise.cash is a Twitter like social platform created to reward it's users with **Bitcoin cash** for making posts on it. On Noise.cash, Tips are being given in BCH for doing just nothing.
It's simple, Visit Noise.cash, Register, make some noise and earn. https://noise.cash
**Conclusion**
Please, this is not a get rich quick tip so you'll have to bear in mind that this won't make you a millionaire in a month or two but if you're looking for such tips, you can go ahead with a money heist, get caught then spend the rest of your life looking through the bars.
This methods of earning Crypto Passively as a beginner has been proven productive by me, the writer before making recommendations.
Further Questions should be left on the Comment section and I will try the best I can to give responses to every single question.
🛑 BitcoinCash247 Just Added "Updates to Crypto Currency News" as one of its services.
Difference Between Bitcoin and Bitcoin Cash
Don't get this mixed up. Bitcoin and Bitcoin Cash initially was one but not anymore. There are vast differences between Bitcoin and Bitcoin Cash in Speed, Liquidity, Security and a whole lot of other stuffs. Got this question from several persons we've discussed Bitcoin Cash with so to make it easier to understand, this article is being made distinguishing between Bitcoin and Bitcoin Cash in the aspect of its prices and features.
Bitcoin Cash originated from Bitcoin during a **fork** which occured in August, 2017. This was as a result of Bitcoin's scalability issues and other technical reasons. After the split, a good number of bitcoin users were unable to distinguish which is a better Digital Currency for Peer to Peer Transactions and so the questions are being asked till date.
**What is A Fork?**
This usually occurs when an update is being introduced to a the original code of a BlockChain and is being rejected by some nodes of the Blockchain. There are several other Bitcoin forks but only **Bitcoin Cash** is Popular.
When a fork occurs, the original BlockChain remains the same, (in this case, Bitcoin is the original BlockChain) while the updated nodes split off to form a new BlockChain (Bitcoin Cash). At this point, those who had the original coin will automatically have the forked version.
**Bitcoin**
Bitcoin is the first crypto currency created by an anonymous programer (group of programers) called Satoshi Nakamoto . Just like real Currencies where you get to buy stuffs with it, trade for goods and services, Bitcoin is a digital version of the real Currencies.
On the other hand, Bitcoin is not issued by a central authority like the central bank and it's Transactions are being stored and verified on the Blockchain which makes it Decentralized.
In total, Bitcoin has a limitation in the number of pieces that will ever exist, limited to 21 million. Although a good amount of Bitcoin have been mined to existence, but it is going to take a very long time until the count of Bitcoin reaches 21 million! That's because every 4 years, the amount of Bitcoin in existence is being split into half.
Bitcoin Cash
Bitcoin Cash as we now know is a forked version of Bitcoin which came to existence in August, 2017. Bitcoin Cash resulted with the solution to Nakamoto's vision, peer-to-peer crypto currency used for daily transactions. This solution came to Existence after the surge in the price of Bitcoin, it was observed that users had to pay so much fees to perform a simple transaction and that went out of place.
To get the situation arrested, bitcoin cash increased its block size from 8mb to 32mb allowing the processing of more transactions per block.
Differences Between Bitcoin and Bitcoin Cash
Transaction Fees
So many would always choose Bitcoin Cash over Bitcoin when it comes to transacting. Transaction rates for Bitcoin costs so much at at some points you can't even transact a fraction of your coin. For instance, paying for a cup of coffee worth 2 dollars, you find out that you happen to pay a fee more expensive than the coffee you want to buy whereas with Bitcoin Cash, you can transact as low as a cent without paying a fee for transaction.
Trading
In this aspect, Bitcoin has an advantage over Bitcoin Cash. when it comes to trading, BCH has far less trading pairs than BTC, making it less tradeable than Bitcoin.
Transaction Speed
Here's another advantage of Bitcoin Cash over Bitcoin. With it's 32mb block size, It can transact more blocks than Bitcoin could because of its limitation to 1mb block size.
Scalability
At anytime, if due, Bitcoin Cash can be able to adjust its size to suit issues at the point but Bitcoin is not scalable.
Market Capital
Being the first to exist, Bitcoin happens to be more popular pulling transactions to itself thereby immerging the biggest crypto currency in market Capital, according to coinmarketcap, Bitcoin Cash ranks 8th in market Capital size.
In Conclusion,
There are several other differences between these two crypto Currencies technically and otherwise, and this article is subjected to updates with time.
How To Track, Adjust Bitcoin and Bitcoin Cash Transaction Fees
Owning and storing A coin on your wallets is pretty cool but what gets most pissed up is having to pay huge transacting with the coin, especially when transacting with Bitcoin. Transaction Fees are an attached fees in a transaction used to mine a transaction into a block, this may get higher when multiple transactions are being made.
Get to know with this article, how to track and adjust Bitcoin and Bitcoin Transaction Fees using the bitcoin.com wallet.
**Why Do We Pay Transaction Fees?**
Are we not supposed to transact for free? Why are we paying fees for transacting? These are questions some people do ask some times. Now here's the reason why we pay fees for transacting.
The Blockchain is a chain of blocks and for any transaction to be considered successful or valid, it must be added to this chain. The process of adding this transaction as a valid transaction to the blockchain is done by miners. Just like everyone works to get rewarded someday, these Transaction Fees are being rewarded to the miners after a successful block is being mined.
How To Track Transaction Fees on Bitcoin and Bitcoin Cash
Using bitinfocharts.com, anyone can make track of how much transacting with Bitcoin and Bitcoin Cash would cost. The website shows averagely how much Bitcoin's transaction fee would cost in blue compared to that of bitcoin cash in red over the past three months in USD.
Generally, Bitcoin charges more for transactions due to its block size, limited to 1mb while you could have cents paid over transacting Bitcoin Cash because it has a larger block size. Altogether, their fees get to vary when there is a network congestion. It gets worst on Bitcoin obecause some users due to urgency would set a higher fee in order to get their Transaction processed quickly.
Also, anyone can track Transaction Fees for bitcoin and bitcoin cash using bitcoinfees.cash. It displays in a digestible, comparative format what the fees would be on the next block between Bitcoin Cash and Bitcoin Core. https://bitcoinfees.cash
According to Bitcoinfees.cash;
Bitcoin is made up of transactions which fill blocks, which then get chained together, forming an immutable blockchain. Each block processed takes about ~10 minutes. For example, to process 6 blocks takes about an hour on average. Typically, most people using Bitcoin as a currency don't want to wait many blocks for their transactions to be confirmed, so they pay next block fees to get their transaction confirmed within 10 minute block times. Median fees are just the middle range of all the fees to give users a better idea of the average amount being paid by everyone, discarding high and low fees.
How To Adjust Transaction Fees Using Bitcoin.com Wallet.
All transactions by default includes a transaction fee which is automatically set by preference of urgency and the size of transaction being made. Transactions on the Bitcoin Cash (BCH) network are much cheaper than on the Bitcoin (BTC) network, but the two networks are distinct.
Using the Bitcoin.com wallet, transaction fees can adjusted depending on how urgent a user needs the transaction to be processed. This means that if a user needs a transaction to be processed within the next 10 mins, the user gets to pay a larger fee. Also note that fees for performing 6 Transactions and that of performing just one Transaction will differ.
To adjust your Transaction Fees using the bitcoin.com wallet, follow the steps below;
Launch Your Bitcoin.com Wallet application
Tap on Settings > BTC Network fee policy
Adjust your fees depending on how fast you need your Transaction to be processed.
Note: Faster Transactions is equal to larger fees.
Our Roadmap to Bitcoin Cash Adoption - 2020
Introduction
There's more to Bitcoin Cash than just being a Digital Currency. So much to tell with proves to show that the initial vision of Satoshi could be fulfilled in Bitcoin Cash.
Satoshi Made mention of this on his White paper, " *A purely peer-to-peer version of electronic cash would allow payments to be sent directly from one party to another without going through a financial institution*".
There are over thousands of crypto Currencies which surfaced after Satoshi's Bitcoin which could not fulfill all of this till date. In 2017 there was a fork which gave birth to **Bitcoin Cash**. This resulted from some discords where proposals to increase the block size of Bitcoin where made and declined. Some Developers thought it right to split after seeing that Bitcoin's future might not suit the Vision anymore.
Today, **Bitcoin Cash** has been able to increase the Block size to 32mb with can Proccesses thousands of Transactions at the same time without a third party, permission less and fast. With this innovation on the Bitcoin Cash BlockChain, a lot of businesses could thrive, performing transactions using a digital currency on a digital platform with micro or now fees as always been the dream of the world. **Bitcoin Cash** is here to fulfill those dreams.
In the same spirit, Efforts have been increased round the globe to ensure the Success of Bitcoin Cash's Vision. One of the major Efforts dwell on Adoption, Letting the world know about Bitcoin Cash, it's opportunities and how to Build Businesses on Bitcoin Cash.
Our Roadmap to Bitcoin Cash Adoption
**January**
**Bitcoin Cash MeetUp Akwa Ibom, Nigeria**:- First on the map is BCH MeetUp at our base location, Mkpat Enin LGA on the 11th of January, 2020. This is going to be the first ever BCH MeetUp hosted in the Southern Part of Nigeria, the Aim of the Meetup is to Enlighten the Community about Bitcoin Cash then metamorphos into Onboarding of Merchants within the community.
**Creation Of Lazyfox Tasks**:- At least after the Meetup, we will have a good number of persons now Interested in Bitcoin Cash. At first they might not develop interest in purchasing the coin, so this Lazyfox Tasks will help them earn their first bitcoin cash.
**Onboard One Super Market, Within First MeetUp Location**: Once they finally earn Bitcoin Cash, some would want to test it's efficiency in transacting for a purchase. That will lead to Onboarding a Merchant (Supermarket). Here they could buy and pay with Bitcoin Cash. Target Supermarket - Right way Supermarket.
**February**
**Bitcoin Cash MeetUp Akwa Ibom, Nigeria**:- This would be in a different location, the State Capital, Uyo LGA.
**March**
**Create an SLP token:** By this time, we've might have had enlightened Persons in two locations, This SLP Token will be Integrated later in September into a Delivery Service.
**Create BCH Merchandise**: In order to add color and dominate the physical space, we'll create some BCH branded merchandise. Users will receive SLP tokens as Discounts on purchase of the Merchandise.
**April**
**Onboard A Merchant (Boutique)**:- Already we've spoken to Two boutiques located at Eket LGA of Akwa Ibom State and we share some BCH with them earlier worth $5. We have chooses April for the Onboarding process because before now, The $5 we sent them would be worth $9-$10. With that they'll understand more how BCH works.
**May**
**BCH Meetup Akwa Ibom State, Nigeria**: - This would be in a different location, Eket LGA of Akwa Ibom State, Nigeria.
**June**
**Establish A Bitcoin Cash House**: - This would be one of our biggest Projects on the Roadmap to BCH Adoption. The Cash house would be a Hub (an internet Hub) with a section for a Cyber Cafe which could metamorphos into a Computer Training Center in Future.
**July**
**Bitcoin Cash MeetUp Akwa Ibom State, Nigeria**: - This would be in a different location, Ikot Ekpene LGA of Akwa Ibom State, Nigeria.
**Onboard Small Scale Businesses**: - This will cut across all locations inwhich we have held a Meetup. This will encourage Business Startups to build businesses with Bitcoin Cash from Scratch.
**August**
**Bitcoin Cash MeetUp Akwa Ibom State, Nigeria**: - This will be held in a different location, Ikot Abasi LGA of Akwa Ibom State, Nigeria.
**September**
**Establish A Delivery service**: - This would be our first ever BCH use case that would spread bitcoin cash across Akwa Ibom State.
**Launch Our Online Stores**: - By now we've achieved our goals of Onboarding Merchants across the major locations of the State and we have a Delivery service. Our Online store will be launched and Merchants can sell and get goods delivered to the locations of the Buyers with our delivery service all with Bitcoin Cash.
**October**
**November**
Bitcoin Cash Merchant MeetUp, Akwa Ibom State, Nigeria: - This might be a virtual or physical MeetUp but this time the purpose of the MeetUp won't be to Enlighten about bitcoin cash but to coach Merchants on how to expand their business, how to Invest their profits on Bitcoin Cash and how to escape volatility with DeFis
**December**
Reports On Achievements on our Roadmap.
**Reach Out**
+2348163263125 - Whatsapp
preciouseffiang@gmail.com.
Special thanks to @Stockleezy @Test75785 @Omar@MarcDeMesel and so many others for supports on the Adoption Of Bitcoin Cash.
Why Transaction Fees On Bitcoin Cash BlockChain Are Low
It has been a topic for discussion within top crypto Investors why transaction fees on Bitcoin Cash remain low despite the pump and every other activities that occur on the Blockchain. The low transaction fee has been a point of attraction and also it's super speed in completing a Transaction, this in the nearest future will pave way for massive adoption of Bitcoin Cash within the globe. This article won't be more technical in order to make it easy for newbies to understand.
Typically, a transaction of 236 bytes or less costs the sender around $0.001 to $0.008 on the Bitcoin Cash blockchain. Interestingly enough, you can perform multiple Transactions at a time without this fee increasingly, could that be as a result of the Bitcoin Cash block size of 32mb or something else?
Bitcoin Cash has been underrated over a long period of time now, leaving several opportunities uncovered. Thanks to the efforts of the community today, Developers are working hard to create solutions using Bitcoin Cash and The marketers are likewise busy spreading the good news to people and stores all over the world.
Let's take a look at opinions from Persons on why Bitcoin Cash fees are low.
According to **Clark Mumaw**;
born out of the cryptocurrency conflict of BTC being everyday cash versus storage of value. This was an ideological argument where two side interpreted the intent of the original white paper differently. The side that believed in CC as money (BCH). thought the chain needed more speed NOW. And lower fees. The side that stayed with BTC thought security was needed now and speed could be achieved a different way. Some describe this as the block size breakup (or a technical debate of what was the better technical solution to increase speed) because BTC want blocksize to stay where it was and BCH want to increase blocksize.
According To **Griselda Ruiz**;
Low Fees Allow for More Innovation and Global Participation
All year long, BCH network fees have been incredibly inexpensive, which has allowed for all types of innovation. This includes the opcodes added last May and the use of OP_Return transactions with metadata. A wide variety of applications were released during the second half of 2018 that leveraged OP_Return transactions and the new opcodes and the low fees have made things much easier for developers and end users. Low network fees have inspired users to create representative tokens, upload written text, books, and all kinds of files using the BCH chain’s security. BCH network fees that are less than a cent also make it uncomplicated to send microtransactions and support crowdfunding charities like Eatbch in South Sudan and Venezuela. If there is a whole ton of small amounts of micropayments, then it can really add up for people in need. Bitcoin Cash fans believe that inexpensive fees will help push adoption forward and over the last year the network fees have been very low even when processing 4X the number of transactions that other networks have recorded.
These guys have all spoken well pertaining to why Transaction Fees on Bitcoin Cash BlockChain are low, but if you are still paying some high fees for your Transactions then you'll need to check some settings on your wallet.
Wallets like the Bitcoin.com wallet and the Electron wallet allows it users to toggle between Urgent, Priority, Normal, Economy, Super Economy. Each of these attracts a different fee charge.
How To Perform A Swap On Bitcoin.com Wallet
Do you know that asides from storing your digital assets on the Bitcoin.com wallet, you could easily perform a swap with it? That's true, in this article, we'll take you through on how to perform swaps between Bitcoin.com wallet supported coins.
How do you define a crypto currency swap? It's as simple as Exchanging a digital asset for the other. On Bitcoin.com swaps could be performed on three Basic assests; Bitcoin BTC, Bitcoin Cash BCH and Tether USDT (Stable coins).
Swaps can be performed based on several reasons and for several purposes. Most important reasons for performing a swap is to suite a use case. A user might want to send BTC to a merchant who only accepts BCH, in this case, the user will have to perform a BTC/BCH swap in order to be able to pay in BCH. Some would want to escape the high fee charges on Bitcoin, that would initiate a cause to swap to BCH or USDT.
Read Also: DeToken - DeFi on Bitcoin Cash https://read.cash/@BitcoinCash247/detoken-defi-on-bitcoin-cash-c125806d
You might also want to perform a swap to escape from volatility in the prices of your Assets. Prices of crypto Currencies get to vary within seconds of everyday, sometimes it might be profitable and sometimes you lose a lot. This characteristic cuts across Bitcoin and Bitcoin Cash too which are the two major coins supported by the Bitcoin.com wallet. In order to stay safe from losing during such occurrences, once you observe a profit during a bull on your favorite coin, you can swap to a stable coin such as the USDT to store the value of your assets until volatility gets less then you swap back.
Why Swap On The Bitcoin.com Wallet?
Personally, getting access to all we need in one place is a plus. My point is instead of creating profiles over several other platforms, chose just one that could give you access to store, swap, perform exchanges with your asset. All these could be achieved on the bitcoin.com wallet.
Swapping with The Bitcoin.com wallet doesn't require any level of professionalism as it is easy to process by anyone at anytime.
How To Swap Coins On Bitcoin.com Wallet
You will need to download and install a Bitcoin.com wallet if you do not have one already installed. You can download the Bitcoin.com wallet on the Playstore.
To swap your coins on Bitcoin.com wallet, follow the steps below;
**Step 1**: Launch your wallet and tap on the swap button on the lower part of your wallet's home screen.
**Step 2**: Make selection of the the coin you want to swap from to the one you want to receive. Currently there are just three coins on the list to swap, BTC, BCH and USDT. For example if you are swapping Bitcoin for Bitcoin Cash, Bitcoin goes to the left while Bitcoin Cash goes to the right.
Read Also: How To Invest In Bitcoin Cash https://read.cash/@BitcoinCash247/how-to-invest-in-bitcoin-cash-d80333a0
**Step 3**: Input your swap amount. In a case of a BTC to BCH swap, you'll include the amount of Bitcoin you wish to swap on the amount Input field below the Bitcoin logo. The swap system automatically calculates the amount you'll receive after the swap on the paired coin.
**Step 4**: Choose a Wallet for the Swap, this would be more necessary if you have more than one wallet for a coin. In that case, tap on the wallet icon in the bottom left of the swap interface, then choose the appropriate wallet to fund your swap from.
**Step 5**: Choose a recieving wallet. In the case of a BTC/BCH swap, the wallet to select now should be a bitcoin cash wallet. This wallet will receive the swapped Bitcoin after the process is completed.
**Step 6**: Confirm and Swap. Once everything is being set up, you'll need to confirm before you proceed with the swapping process. Confirmed? Then Slide on the slide to send button to swap.
In most swap cases such as a Bitcoin to Bitcoin Cash swap or a Bitcoin Cash to Bitcoin swap, the transaction might take a little time to get completed but the fastest swap process could be achieved in a BCH to USDT swap or a USDT to BCH swap because of the speed and unique features available on Bitcoin Cash.
**Swap timeframes:**
BTC - Any Coin requires 1 confirmation (~10mins)
BCH - USDT takes approximately 5-15 seconds
BCH - USDH takes approximately 5-15 seconds
BCH - BTC requires 1 confirmation (~10mins)
DeToken - DeFi On Bitcoin Cash
Decentralized Finance, or DeFi for short is what is mentioned when trying to refer to a financial smart contract. This as been long expected on the Bitcoin Cash Ecosystem following the announcement of **Anyhedge** by the Developers of the organization, General Protocols .
On the 30th of December, The wait was over. DeToken was announced, a non-custodial exchange platform built by the Developers of Cryptophyl, implementing Anyhedge's protocols. For one to really understand how DeToken works, understanding Anyhedge's protocol is necessary.
**The Anyhedge Protocol**
Built to be an open-source protocol, Anyhedge makes it easier to use the Bitcoin Cash BlockChain to run a specific type of smart contract, 'hedge'. The contract has a role in Hedging an asset over high volatility. Taking a look at Anyhedge's White paper, we discovered that the protocol depends on an oracle (a blind oracle) to execute a contract.
**Understanding The Oracle**
You can read from a detailed explanation of how the Oracle works on the Anyhedge Protocol. https://news.bitcoin.com/is-defi-coming-to-bitcoin-cash-an-overview-of-detoken-and-the-anyhedge-protocol/
Important Aspects of a DeFi
**Lending:-**
Decentralized Finance have been more popular for its use case of borrowing and lending tokens. Lending has been a passive way of earning income on DeFi.
**Hedging**: -
Scared of High volatility? Protocols on a DeFi system can help hedge the value of your assets from depreciation during occurrences of volatility.
**Longing**: -
Based on speculations, You can Long an asset to earn if the price goes up using a leverage.
DeToken - DeFi on Bitcoin Cash
Using the Anyhedge Protocols, DeToken is a Decentralized platform that offers a trustless (blind oracle), limitless and secured access to peer to peer financial products across the world. It uses a non-custodial web wallet and a smart contract to hedge your assets from high volatility, long your asset with leverage while earning funding rates.
**How DeToken Works**
Hedge and long positions are made possible by a smart contract on the BCH blockchain, where both parties pay into a Pay-to-Script-Hash (P2SH) address using a custom funding transaction.
**Advantages of DeToken**
**Non-custodial**: DeToken features a non-custodial web wallet which gives you control over your private keys.
**Trustless**: Implementing a blind oracle, you do not need to trust DeToken. You can get record of all your Transactions on the BCH BlockChain.
**Open Sourced**: As a Developer, you can get to build a contract like DeToken.
**Charge Less**: DeToken doesn't charge for withdrawals, Deposits or for maintenance. Never!
**Easy Withdrawal**: At any convenient time, you can withdraw your funds.
Getting Started With DeToken
Having understood how DeToken works, one would want to dive into this wonderful opportunity created on the Bitcoin Cash BlockChain, to hedge and to long assets on futures. The steps below will show in details on how to get started on DeToken https://detoken.net
**Step 1**: Using your web or mobile browser, visit https://detoken.net then tap/click on get started.
**Step 2**: Create A Wallet, here you can create or import an existing wallet using your seed phrases.
**Step 3**: Read and agree the terms of DeToken before you continue.
**Step 4**: Fill in some personal details, these include your name, email address and password. Note: These details will grant you access to your DeToken wallet and must be kept private.
**Step 5**: Write down your Seed Word. The seed word is like a private key which gives access to reset your password, import your wallet anywhere and to your funds. This too must be kept private.
**Step 6:** For extra Security, You can choose to authenticate your DeToken wallet. Whenever you sign in to Detoken you will need to enter your 2FA code generated using a 2FA application.
**Step 7**: Confirm Your Email. A confirmation link will be sent to your email address, click on the link to complete your registration process.
**Step 8**: This is the final step. After email confirmation, you'll be taken back to a login page. Fill in your details and log in.
Conclusion
In Conclusion, The Project Anyhedge is bringing a revolution to Bitcoin Cash when it comes to DeFi and smart contracts, DeToken is the first to implement its protocols. More of the DeFi based tools will be built which will boost Transactions within the Bitcoin Cash BlockChain.
More about DeToken https://detoken.net/about
Chapters Of Bitcoin Cash - 2020
Introduction: Chapters of Bitcoin Cash.
The year has been fast spent and gladly we are all heading to the new year. 2020 has been an historical year with both positive and negative occurrences. One of it is the Global Pandemic - Covid-19, which has taken a lot of lives and almost crashed the Centralized Financial Systems.
The Chapters Of Bitcoin Cash -2020 is a written documentary of all that has been going on within the Bitcoin Cash Ecosystem in the year 2020. Already we can tell that Bitcoin Cash has pulled Stronger.
Events
2020 witnessed a lot of Events on the Bitcoin Cash Ecosystem which will be listed below;
**January 16th, 2020 - Bitcoin Cash MeetUp, Miami**
Bitcoin Cash MeetUp, Miami hosted by Stefan Rust and Mate Tokay. That was actually the first Bitcoin Cash MeetUp hosted at Miami to discuss Bitcoin Cash which also provided opportunities to get involved with cryptocurrency and receive some free BCH.
**February 19th, 2020 - Bitcoin Cash MeetUp, Detroit**
With the same aim of discussing Bitcoin Cash, A MeetUp was held at the mentioned location, hosted by the Satoshi's Angels.
**April 6th, 2020 - Bitcoin Cash Block Reward Halving**
This event saw the block reward price divided in to two. Initially before the event 12.5 pieces of coin were being given as a reward for mining a block but slashed to 6.25 BCH. Currently there are 63 more halvings to occur in future on the Bitcoin Cash BlockChain.
**August 18th, 2020 - Listing on KickEX**
Bitcoin Cash got listed on KickEX which was kickEX's first listing, a benefit to both the traders and the investors.
**November 15th, 2020 - Bitcoin Cash Upgrade/Hard Fork**
This event was one of the major events that took place in the Bitcoin Cash Ecosystem in 2020. The Upgrade presented two conflicting proposals by the BCHN and BCHA which resulted in a hard fork that split the chain.
Projects
A lot of projects have surfaced the space from January to December 2020.
**Flipstarter.cash**
Flipstarter.cash, a non-custodial platform for raising funds to support campaigns on Bitcoin Cash got into existence. This project got announced On February 15 by a user on the read.cash blog site.
**SignUp.Cash**
This project came into existence within the year 2020, offering a non-custodial wallet for building Decentralized apps. With Signup.cash, a Developer could easily create applications with already laid tools and can raise funds to support the Project on flipstarter.
**One.Surgery**
One.surgery got Funded on a flipstarter campaign in order to promote the adoption process of Bitcoin Cash. One surgery is a dedicated platform to support the progression of safe surgery worldwide.
This happens to be the first Medical Community to pay it's workers using Bitcoin Cash.
**BitcoinCash.Site**
Bitcoincash.site, also one of the projects that got Funded by the bitcoin cash Community on the 10th of September, 2020 to serve the goal of onboarding 1 million new Bitcoin Cash users by 31 December 2021.
This project have gone live and is actively working towards it's goals.
**Anyhedge/DeToken**
The first ever Decentralized Finance system (DeFi) built on the Bitcoin Cash Protocol. This project went live on the 30th of December, 2020
**Updates on Bitcoin.com Wallet**
The year 2020 witnessed an update on the bitcoin.com wallet which included a feature that could allow its users to perform a Peer to Peer transaction via a shareable link.
**Updates On Fundme.cash**
On creation of the Fundme.cash, a medium was set to get a 5% fee from campaigns which was debunked by donors. So in order to make the project still profitable, a flipstarter campaign was funded to help update by creating a fundme token (FMT).
**Noise.cash**
Birthed from Read.cash, Noise.cash is a social media platform with an innovative strategy of disbursing Bitcoin Cash into the hands of thousands of persons. This project went live in December,2020.
There are several other projects that have been Funded and have gone live in which we might have not included but with the few, we all can tell that 2020 was a great year for Bitcoin Cash.
How To Invest In Bitcoin Cash
Within the Last Periods of the year 2020, we have witnessed several developments and growth in the valuation of Bitcoin Cash. This has caused more people decide to invest in Bitcoin Cash not only because of its growth but also for its safeness for the store of value.
Here we will make mention of Bitcoin Cash's price and also if Bitcoin Cash is Worth investing in or not. We will also talk about some strategies and how Bitcoin Cash will be profitable come 2021. If you are with us, let's roll.
**Bitcoin Cash Gaining Attraction**
Recently, Transactions performed on the Bitcoin Cash BlockChain has grown rapidly raising thoughts within Persons if this will actually make the price of Bitcoin Cash to go up.
Also, Bitcoin Cash has proven the the DeFi system could be even more better on it's BlockChain than every other and 30th December, 2020 witnessed DeToken the first ever Defi Project go live on Bitcoin Cash. https://detoken.net
It's ability to be sent over Shareable links, to mails, social media have attracted a lot of persons to Bitcoin Cash. Now, let's take a look at how to invest in Bitcoin Cash.
Why Invest In Bitcoin Cash?
You may want to know, why Bitcoin Cash and not Invest on Fiat, stocks and other Crypto Currencies? These are the reasons why you should invest in Bitcoin Cash.
**Bitcoin Cash is Popular**
When it comes to popularity, Bitcoin Cash is one of the top 10 most popular crypto Currencies and alot of people get to know and learn about it. That now, resulting in people wanting to invest in it. Instead of Investing in a Centralized asset which is easily influenced by the rulers, on stocks where the prices depends on the success of the company behind them people choose Bitcoin Cash because it is Decentralized and offers the highest guarantee for liquidity.
**Bitcoin Cash is Scarce**
Unlike stocks, Fiats , Bitcoin Cash has a limited supply just like other crypto Currencies and there can be only 21,000,000 Bitcoin Cash circulating. This makes Bitcoin Cash finite, more sorted and because of its limited supply, it gets valued over time.
**Bitcoin Cash Is Useful**
When we make mention of the usefulness of Bitcoin Cash, you can easily apply it on remittance cases. The best Crypto Currency for remitting across borders paying a micro fee or no fee at all. Businesses can pay workers using bitcoin cash without a large cut of tax to the government, Merchants can buy and sell with Bitcoin Cash without the fear of transaction costs.
Moreover, we've seen lots of integrations between platforms and Bitcoin Cash, making it subjected to adaptability which is a sign that Bitcoin Cash is here to stay.
**Bitcoin Cash Is Profitable**
People tend to be scared of crypto Currencies because of its high level of volatility but for crypto Currencies like Bitcoin Cash, an increase in volatility may bring in some short term losses but also provides a high return than even the Forex and traditional stocks.
For instance, Persons who bought 1 BCH at $200 and sold it now at $358 have made a profit of $158, that's a huge profit..
How To Invest In Bitcoin Cash and where to buy it
Investing in Bitcoin Cash could be short term or long term depending on which would suit you but long term investments usually bring a better of profit to Investors. If you are an expert in trading, it would be more easier to pull through and make some profits, investing on a short term but for novices, it would be difficult to follow.
Here are some basic ways to start up with while investing in Bitcoin Cash;
Buy when Low, Sell When High: To make Profits as a novice and even as an expert, you will need to buy when the price of Bitcoin Cash gets down then sell when the price gets high. In long terms it would be profitable for novices but in short terms will require a level of expertise in order to know and determine when Bitcoin Cash will can low in price and when it will go up.
Join A Community: It is adviseble that as a beginner, you get to join communities where crypto bloggers are to get some tips and guidance.
You can Buy Bitcoin Cash on platforms like Bitcoin.com, Binance, Coinbase, Changelly , Luno (For Africans) and others. You can also Read on how to store your Bitcoin Cash on Mobile wallets and Desktop wallets.
**Investing on Bitcoin Cash Mining**
Right! It is Profitable investing on Bitcoin Cash Mining if you can afford the hardware and also take note that mining on hardwares demands enough electricity to power the device. You can also Invest in Bitcoin Cash cloud Mining platforms.
Anyhedge Launches The First DeFi on Bitcoin Cash 'Detoken'.
Updates coming up soon.
George Donnelly - His Efforts On The Adoption of Bitcoin Cash
In most cases, appreciating one's efforts will motivate them to do even more. That has been the essence of this series, appreciating Efforts towards the Adoption of Bitcoin Cash.
So far, The Bitcoin Cash Ecosystem has experienced a tremendous change Even after the November Upgrade which forked out ABC. Although the news of the fork actually caused panic within the BitcoinCash Ecosystem but we conquered.
George Donnelly, the Founder of Panmoni and Bitcoincash.site has played a key role on the field of Adoption and deserves some Accolades 🙌. After being Funded on His Flipstarter Campaign, which had it's goals fixed at Onboarding over 10,000 BitcoinCash users, he took to work and has been delivering wonderfully.
**Projects**
One of his recent wonderful projects is the Video Documentary, Bitcoin Cash : The Road To Mass Adoption
https://youtu.be/arFDrjx_2JY
This Video as Featured almost the Four corners of the World and have seen Prominent faces on the Bitcoin Cash map speak.
Also, he has been a great support and mentor to many BCH toddlers inspiring them and molding them to be lucrative and innovative enough to build a business on Bitcoin Cash, The Priceless Opportunity on his site, BitcoinCash.site.
BitcoinCash.site has been like a resource place to build a business, Educating others about Bitcoin Cash and creating materials for the promotion of the Ecosystem.
To Fulfill his aims, George Donnelly from his recent tweet on Twitter made mention of his plans to visit Africa flagging Bitcoin Cash Adoption.
That's not all, He also created tasks on Lazyfox.io which he made bounties paid in Bitcoin Cash, spreading bitcoin cash into the hands of the PEERS. That automatically has created an opportunity for one to earn Bitcoin Cash.
With all these Efforts, The aims of Bitcoin Cash are being achieved Gradually, leading us into an era where money will be Decentralized, no longer in the hands of the government, Remitted without Third Party Persons, Transacted with comfort and every other amazing stuffs you can ever Imagine.
Compliments of The Season @georgedonnelly, your efforts are being recognized and we encourage you.
MarcDeMasel - His Efforts On The Adoption of Bitcoin Cash
This would be a kind of Article series, which we will gladly put up a video version of it within the first quarter of 2021.
So far, a lot of things have been achieved on the bitcoin cash Community and this couldn't have been possible without the coexistence of Unity and hardwork within the Ecosystem. We've heard Great names when it comes to the developing aspect (Developers), we've also heard great names when it comes to the Funding aspect, and we've also heard names when it comes to marketing and advertising every content that comes out of the community.
Such names deserves some Accolades and every single person that adores Bitcoin Cash is great.
In this Serie, we'll be discussing @MarcDeMesel and how he has influenced the adoption process of bitcoin cash.
**Projects & Funding**
Definitely, not everyone on the community is Developer, also there are lot of Developers who build on people ideas but, what if there is an idea, a Developer and no funding? The Project becomes just an imagination.
Take a look at majority of the Flipstarter campaigns and Projects within the BitcoinCash Ecosystem, you'll find out that @MarcDeMesel has always played a role of funding innovative Projects. An immediate case of such Project is Read.cash, one of the biggest Project that has gotten Bitcoin Cash into the hands of over 100,000 persons across the globe.
He has been a major donor to Project read.cash with the biggest donation and tips ever on the platform.
**Why All The Support?**
Reading through several interviews with DeMasel, he has stated a lot of reasons why he Loves BitcoinCash and why he finds it pleasing supporting Projects on the Ecosystem. One of this interviews we've come across is that with @ralak and this particular section was his rest to why he has been supportive to Bitcoin Cash's adoption process.
I made a lot but also invested a lot in Bitcoin and Bitcoin Cash later, not only in money, but also in time. The donations I made to @flipstarter teams are only a small part compared to my holdings, and if I don't do them, the chance Bitcoin Cash fails and my BCH goes down in value is a lot higher. It makes perfect financial sense for me to donate big to read.cash for example, as they are by far the most promising application that uses Bitcoin Cash as a currency that may attract massive adoption and put BCH in the hands of many new people, that earned them!
It's easy to build a cryptocurrency these days, it's very hard to build a unique use case that finds strong adoption. It requires not only great coding skills, but also great entrepreneurial skills, a combination of talents that is rare and clearly present in read.cash team as well as the BCHN team that is building an alternative client to dominant BitcoinABC client, also a team with great track record, strong vision and work ethic, respect for the community, users and investors, hence why I invest/donate strong to them."
He also adviced on an interview with @CindyWang that everyone has an opportunity to support the adoption process, it you can't donate to Projects, don't feel left out, the little tip you give to another, talking about bitcoin cash and suggesting Bitcoin Cash to potential investors is enough for the movement.
In Conclusion, Every single person has a role to play in the Adoption of Bitcoin Cash, you may not be so financially buoyant to fund a project but you can build one. If you can't build you can make others effort visible by sharing them. If you can't do any, just HODL your BCH.
Together we can take BitcoinCash to the Moon..
Follow BitcoinCash247 on Facebook. We offer a 24/7 voluntary virtual support to Bitcoin Cash by responding to all Bitcoin Cash related questions. https://facebook.com/bitcoincash247
Noise.Cash Review - Earn Bitcoin Cash Writing Short Posts
Bitcoin Cash is a Decentralized Digital Currency for Peer to Peer Transactions and to accomplish it's goals, The Dev Community are working tremendously well to pull bitcoin cash to the moon. One of its most active developer body is the Read.Cash team who has undeniably been able to decentralize Bitcoin Cash into the hands of so many.
While all were still utilizing the platform, another Development from the same team was made public, 'Noise.cash'. This notice was made public on it's already established platform, Read.cash. This sent in enough traffic to the site within it's first 24hrs of going public.
**What Is Noise.Cash?**
Noise.cash is a social platform just like Twitter which allows it's user to earn Bitcoin Cash from tips for making short posts. Although this awesome platform is still under upgrade, it has already been found Interesting by it's user as it offers a free BCH pool were users can tip each other for free like in the case of PublishOX.
Noise.cash has so many awesome features and we are going to explore each available feature of the platform. Hop in let's ride!
**How To Register**
You must have noticed an announcement on the header section of your read.cash profile with the message, 'Would you like something like read.cash, but for shorter messages? Make some noise on noise.cash, get some Bitcoin Cash!'. Clicking on that announcement will take you that noise.cash platform in which you'll go through some registration to get started.
On Redirection to noise.cash , tap on 'get started'. https://noise.cash
A new interface with the registration form will be displayed
You'll be required of, a display name which will not be changed later, an email address and a password
After filling the form, tap on Register.
Congratulations! You are now a Noisemaker on noise.cash!
After Registration, here is how the Platform looks like;
**Setting Up Your Profile**
Currently as at the time of writing, Noise.cash does not have an online wallet to store your tips, so, after Registration, tap on where your display name is and make some changes.
A drop down menu will be displayed, tap on wallet to add your Bitcoin Cash Wallet address. Once you make some noise and get tipped, your money gets deposited to your wallet address.
**Subscriptions**
This would a feed to your subscribed profiles. Once you are subscribed to any profile, every single post the profile makes gets to appear on this section.
**Explore**
Here's just like the News Feed on Facebook, you get to see every post made by every single member of the platform. Here's where you can select Interesting profiles to subscribe to.
**How To Subscribe To A Profile**
While exploring, you'll get to meet a profile you were already subscribed to on Read.cash and you may want to continue being a subscriber or you've found a profile with an interesting content, here's how to subscribe.
Tap on the Avatar of the profile you wish to subscribe to.
A pop up with a subscription button will be displayed
Tap on subscribe.
Now you've known how to subscribe to your favorite profile. Head up to making your some noise on the platform.
**How To Make Some Noise**
Unlike Read.cash, here you can make short posts to get tipped. It's simple, just locate the text box, make your noise then post.
**How To Tip A Noise Maker**
Noise making and Tipping are the only two things that makes noise.cash fun, interestingly, the tips are free. So you just wait to be given a free tip, send some percentage of the tip to the Noisemaker and some goes to you. Here's how to do it;
Get to the Noisemaker you wish to tip,
Tap on the $0.00 (Tip button), tap on free tips
Adjust your scale to any percent (note that percentages to your sell should be smaller than that you are giving out)
Choose the amount you wish to tip the noise maker with. Also note that, the amount will be split according to the scale.
Now! You've known almost every thing about Noise.cash, get in there, make some noise and earn some BCH!.
When Bitcoin Cash Finally Becomes The Favourite
What an Ambitious Community!, hard-working and never tired. Building solutions to solve the world's everyday needs. When all goals are finally achieved, when a new all time bullish record is set, when everyone on the globe is now talking and using Bitcoin Cash, What next?
What will be the changes we all will experience in our immediate Community? Right now we know that bitcoin cash is promising us more liquidity to our assets, lesser transaction fees, faster transaction and lots of other enticing things. Would there be any changes to this promises when it finally becomes the favourite Bitcoin?
Well, a lot of things might be going through your mind right now, and we might not know what that is but this article is made with a visualization of how the world be when all bitcoin cash goals are achieved.
**When Adoption Is Finally Achieved..**
When the goal of Adoption is finally achieved, and everyone then knows that Bitcoin Cash is actually the Bitcoin they knew before. Although the name changed but the Positive guys flagging Satoshi's vision of then founding Bitcoin, fell on Bitcoin Cash, building cash into a better currency for Peer to Peer Transactions. Transactions made without no third party, no limits, without delays, these are the basis on which bitcoin was initially built on but now only Bitcoin Cash does that.
**When Every Physical Stores Are Accepting Bitcoin Cash...**
If the community finally convinces everyone that, look, Bitcoin Cash is the real Bitcoin, presenting it's attractive basics being Satoshi's Vision and everyone on the stores finally accepts to sell then get paid in Bitcoin Cash.
Then, transactions performed on daily basis on the Bitcoin Cash BlockChain will increase, this will yeild to the market Cap and the Value will increase.
**When Majority of Businesses and Firms finally invest In Bitcoin Cash.**
When every single person finally finds out the truth, we have businesses like Apple, Microsoft, Tesla and others all investing in Bitcoin Cash. Life will be extremely good for every single person because the least person would be able to afford a 3 square meal.
**When the Majority (Everyone) Finally Chooses Bitcoin Cash For Remitting**
Everyone needs something fast, reliable and secured. Something that wouldn't take half the money you are remitting for fees. Only Bitcoin Cash can do all of these.
So, Bitcoin Cash will lead the market in Remittances around the globe. Granny will be able to send funds from England to Her daughter schooling at Turkey without stress.
**When Social Media Finally becomes Decentralized using the Bitcoin Cash BlockChain**
Imagine getting earns for every activity you perform on social media, from the post you make, the pictures you upload and every likes you get. That will make social media more fun.
To achieve this, a BlockChain where micro transactions could be made I'd the Key. Bitcoin Cash is the Key.
Kudos to read.cash and noise.cash all built on the Bitcoin Cash BlockChain.
**When All these finally happens**
When all this things happen, life will become more comfortable, because you will have Read.cash, Noise.cash to write at your convenience, BCHnews to get updates at your convenience, bitcoin.com that allows you store and spend at a micro fee, Online stores that allows you to buy and sell at your convenient, Uber Merchants to transport you and your goods and so on... All these things will make finance Decentralized (money will get to everyone)
In that case, no selfish conspiracy will occur within the system, People trying to fulfill selfish interest will be dropped off the system like Lucifer, dropped from heaven.
Still, When the victory comes, we should be our brothers keeper. If you observe bugs on any of the decentralized supports you use, inform the right person about it. Donate to others if you can, Tip articles is they are interesting, Speak to everyone you meet about Bitcoin Cash. Let's boost the adoption of Bitcoin Cash.
#AdoptBCH
10 Bitcoin Cash Desktop Wallets
10 Bitcoin Cash Desktop Wallets Recommended for You.
Earlier, we published an article 10 Bitcoin Cash Mobile Wallets where we listed some recommended wallets for use. We got a request from one of our readers asking us to put up an article on desktop wallets for Bitcoin Cash. That has prompted us to write this article.
Desktop Wallets are wallets that are compatible with Desktops, making it possible for you to store your digital assets on your desktop. While choosing a wallet, there are certain features you should look out for. These things include how accessible the wallet is, is it user friendly? Is it a non-custodial wallet? Are you in control of your private keys? They all make measures of a secured wallet.
Here's a list of some Bitcoin cash desktop wallets Recommended for you;
Electron Cash
Guarda
Armory
Exodus
BitPay
Atomic Wallet
Badger Wallet
Jaxx
Coinomi
Multibit HD
**1. Electron Cash Wallet**
Number one on our list is the Electron Cash wallet, forked out from the Electrum Walle. These wallet is compatible on desktop and also on mobile phones.
You Can store your Bitcoin Cash on your desktop using the Electron Cash wallet desktop version and most interestingly, it is easy to use and gives it's user a 100% control over their funds.
**2. Guarda**
Guarda is just another Desktop wallet that to store your Bitcoin Cash, although it is a multi-wallet, it also allows user full control of funds stored and it allows you to smoothly swap your assets from one coin to another without registration, limits and several other complicated procedures.
**3 Armory**
This is an open-source wallet with a multi-signature support feature that allows you to store your Bitcoin Cash. It is a desktop compatible wallet, easy to use with it's cold storage support where your private key could be stored offline for security purposes.
**4. Exodus**
The Exodus wallet is a user friendly wallet fully compatible only on Desktops. It is also a multi-wallet that stores several other digital assets including Bitcoin Cash. Unlike the Armory wallet, Exodus does not support the multi-signature feature.
**5. BitPay**
Get a safer storage on the desktop for your Bitcoin Cash assets. BitPay is a vast Compatible wallet, that gives its user full control of their digital assets. It also Supports a multi-factor security to give its user an extra security option.
**6. Coinomi**
Heard of coinomi? Well just like every other wallets listed he, Coinomi can be a desktop wallet for your Bitcoin Cash storage. There are lots of interesting things about Coinomi asides from storing your Bitcoin Cash, I guess you'll need to find that out yourself but for security, accessibility, zero fees, Coinomi is okay to go with.
**7. Badger Wallet**
Badger is a sub of bitcoin.com. Asides from storing your Bitcoin Cash, Badger allows you to also store all the SLP Tokens on the Bitcoin Cash BlockChain.
**8. Atomic Wallet**
This is another user friendly multi-wallet that allows you store bitcoin cash using a desktop. The atomic Wallet allows only the user access to the wallet with an encrypted private key. Interestingly, this wallet has an inbuilt exchange where you can exchange coins for other coins and equally exchange them for USD or your preferred currency.
**9. Jaxx**
This is also another popular Desktop wallets that let's you save your bitcoin cash private keys. Jaxx allows user to buy, sell, send and receive Bitcoin Cash on very Secured interface.
**10. Bitcoin Unlimited**
Looking for a desktop wallet with a high level of security, an active Community and online customer service that pays attention to every report from it's users. Bitcoin Unlimited let's you store your Bitcoin Cash by downloading and installing the wallet on your desktop.
One.surgery! What a great concept to The Bitcoin Cash Ecosystem. Kudos!
https://read.cash/@onedotsurgery/onesurgery-update-8-days-since-flipstarter-complete-476b266b
How To Secure Your Bitcoin.Com Wallet
**How To Secure Your Bitcoin.Com Wallet**
When it comes to saving your Digital assets, Security matters a lot because no one would want to risk his assets to cyber insecurities, hackers and theft. Some times it might not necessarily be because of the aforementioned reasons but what happens if you get to miss your device or it develops a fault? How do you get back access to your digital assets?
Well, If you are looking forward to setting such security measures on your Bitcoin.com wallet, this article is made to guide you through.
The Bitcoin.com wallet is one of the fastest and secured wallet ever although it only has the capability to store just Bitcoin and Bitcoin Cash.
**How To Secure Your Bitcoin.com Wallets**
**Cloud Backup**
Cloud Backup is also known as an online Back up, a strategy of sending a copy of database to a secondary storage for preservation. This measure on Bitcoin.com wallet allows you to store your private keys on your Google account by signing in with your email address.
Open your bitcoin.com wallet
Tap on the setting icon below the home interface
Tap on Security Center
Sign it to you Google account where your find 'Cloud Backup'.
Note: Once signed up, a copy of your recovery file is automatically saved to your Google account. Also, it is recommended that a copy of your recovery file should be exported to an external location for safekeeping.
**How To Export Your Recovery File**
Once your Google account have been signed up to the Bitcoin.com wallet, tap on the Export wallet file. A file named 'wallet.data' will be created, then you can choose a location to store it.
**Manual Backup**
This option gives you a Manual access to your wallets through a Recovery Phrase.
A Recovery Phrase, usually 12 Words are security keys generated by your wallet to manually Grant you access to your wallet from any device. These words help you recover your funds in case your computer crashes or anything else happens which prevents you from accessing your wallet.
On the Bitcoin.com wallet, these steps will help you get your Recovery Phrase;
Open your Bitcoin.com Wallet
Tap on the Setting icon on your wallet's home interface
Tap on 'Security Center' then 'Manual Backup'.
Click on your wallets, Copy your Recovery Phrase and save them in a safe place or write them down.
How To Recover Your Bitcoin.com Wallet
Now, Incase you are reading this with the Aim of recovering your wallets, then the steps below should guide you.
Note that wallets can only be recovered if your recovery file was backed up or if you had your recovery phrases written down.
If you have your recovery phrase, here's how to recover your wallet.
Download and install the Bitcoin.com wallet
Open the Wallet and locate 'Add' to add your lost wallet
Tap on Import wallet, Choose the Digital asset you wish to recover
Enter your Recovery Phrase.
You can equally Recover Your wallet using the Recovery file, tap on Backup file/Text, paste your backup plain text code then enter your Password.
Note: Ensure that your Recovery File/Phrase is being kept private to avoid third party access to your wallet.
You can also Read:
Explaining Bitcoin Cash To Granny https://read.cash/@BitcoinCash247/explaining-bitcoin-cash-to-granny-f22bbaf5
How To Send Bitcoin Cash Via SMS, Mail, Third Party Apps https://read.cash/@BitcoinCash247/how-to-send-bitcoin-cash-via-sms-mail-third-party-apps-f0b42e55
Five Ways To Earn Bitcoin Cash https://read.cash/@BitcoinCash247/5-ways-to-earn-bitcoin-cash-727f0ee7
All You Need To Know About Honk Token
Are you interested in learning more about the HONK Token? You're actually at the right spot after the official Honk's site honkhonk.io.
**What Is Honk Token?**
The HONK Token is an SLP token on the Bitcoin Cash Protocol specially for giving encouraging tips to Memes. There's no serious intention of the HONK Token asides from creating fun and showing how Simple it is to make a Token out of the Bitcoin Cash BlockChain.
You can check other tokens like SPICE and HOLY, they are mostly used on social media platforms with the same intentions, Creating Fun.
**Where to Get The HONK Token**
HONK Tokens could be claimed on faucets at the faucet.honkhonk.io by solving captchas and can also be earned by contributing actively on communities on social media platforms such as Telegram, Twitter etc.
You can equally buy HONK Tokens at altilly.com and also Bitcoin.com an it's valued as a the time of writing at **$0.00000057**. These shows that the HONK Token is actually not a coin of value but an appreciation token.
**How To Store Your HONK Tokens**
Honk tokens can be stored on SLP friendly wallets. Some of the few wallets compatibly for your HONK Tokens are;
Bitcoin.com Wallet
Electron Cash wallet
Crescent Cash
Zapit
Badger Wallet
Monarch
IFWallet
**More Interesting Facts About The HONK Token**
Honk tokens are actually one of the first SLP issued tokens.
It encourages the practice of Giving even when the value is not much but for the fun of it.
Over a 100 Billion HONK Tokens were being issued so there's no need to be scared about it's availability, Just Give!!
It has it's origin from a Meme embracing Community, Just for Fun.
In quest to adding value to it's initial clown state of no value, HONK got listed on the exchange.bitcoin.com.
Merry Christmas to All Our Subscribers, Well Wishes and Every member of the Bitcoin Cash Community.
With Gratitude To God and In Participation of Showing Love and Good Tidings, we offer this https://branch.wallet.bitcoin.com/QJLVZPcuucb to the fastest finger.
Merry Christmas 🎄♥️
Effects of Covid 19 on Bitcoin Cash Adoption
The Covid-19 pandemic has made major effects on financial markets all over the world and crypto Currencies are not excluded. Since the onset of the pandemic, there as been a significant association between Bitcoin Cash and The market equity. This may be as a result of the financial difficulties caused buy the pandemic.
In recent times, over a billion Persons have lost their jobs, and worst of it is the increase in rate of poverty across the globe. This causes can not be overlooked as it has directly or indirectly influenced the adoption of Bitcoin Cash.
Bitcoin Cash Adoption happens to be the Fore-aim of the Bitcoin Cash ecosystem and irrespective of how hard the Ecosystem is thriving to be well known and used across the Globe, there are always some positive and negative effects caused by the pandemic.
Some Negative Effects Cause by Covid-19 on Bitcoin Cash Adoption
**Instillation of Fear and uncertainty**
According to a Finance Research Letters, Volume 36, October 2020 the study made on the level of cryptocurrency efficiency through multifractal analysis before and after the coronavirus pandemic, the empirical results proved that COVID-19 has a positive impact on the cryptocurrency market efficiency. This has instilled fear and uncertainty amongst persons who initially had the interest of buying and Hodling Bitcoin Cash causing a reverse and an abortive result on adoption.
**Restrictions to Physical Access To Merchants**
Majority of persons especially in under developed and developed countries believe that every business that does not have a physical address centralized or Decentralized is a Risk to invest in.
The Covid19 Pandemic has caused some restrictions in movements which have affected physical access to Merchants.
**Restrictions To Physical MeetUps / BCH Seminars**
Although this can be controlled by setting measures but still a lot of persons won't want to avail themselves with the fear of getting contacted with the virus.
Positive Effects of Covid-19 On The Adoption of Bitcoin Cash
In as much as some feel scared of investing on crypto Currencies, some have seen the Covid-19 as an opportunity to invest due to the tremendous increase in the rate of people who have lost their Jobs during this moment.
The pandemic have caused a lot of persons to look into themselves, discover ways in which they could solve problems even without leaving their homes this has resulted in a positive trend in the development section of Bitcoin Cash. During the Pandemic, we have seen bitcoin cash build more Solutions to problems, Creating easier ways for Persons to make remittances without leaving their homes and a whole lot of other innovative ideas are being worked on.
**Global Response To The Blockchain technology**
While the Global Economy crashed at the early stage of the pandemic, a lot of persons predicted that the prices of crypto Currencies will crash likewise but this didn't happen to turn out as predicted. With it's value surging ahead, more people are taking a look at this tech and this will spur even more interest in investment in this technology. Good enough for the Bitcoin Cash Ecosystem, it happens to be the best BlockChain technology for investment as it has been able to fulfill relevancy for Peer to Peer Transactions with maintenance of value.
So far, Even in the crises of the pandemic, The Bitcoin Cash Community have been able to expand in adopting Merchants virtually across some parts of the Globe.
**What Are The Post-Covid Expectations From Bitcoin Cash Adoption**
Already measures are being set in place, Projects are being Funded to support the bitcoin cash adoption process even in the midst of the pandemic. At the end of the Pandemic, Bitcoin Cash will tend to have a more solid possiblity of breaking bullish records due to this measures being set in place.
`Disclaimer`
This article is subjected to corrections as it is written mainly out of our personal view of the Pandemic's effect on Bitcoin Cash Adoption.
10 Bitcoin Cash Mobile Wallets
Bitcoin Cash is a Decentralized Digital Currency that allows you send money within and across borders.
If you are looking to store your Bitcoin Cash digital assets on your mobile phone then this article is specially made for you as it will list 10 Bitcoin Cash Mobile Wallets that can be easily downloaded and installed from the play store.
Bitcoin Cash Mobile wallets are programmable applications that allows you to store, send and receive your Bitcoin Cash from your mobile device. In most cases of mobile wallets, some certain measures of securing accessibility are being requested. This may include some private keys, phrases or email addresses and password. With this measures, you can easily access your Bitcoin Cash assets from any mobile device and it advisable that they are being kept safe and private.
Before we proceed, one must need to consider these things before selecting a Mobile wallet to store his/her digital assets;
Full Control To Private Keys
Availability of Wallet Backups and security features
An Active Developer Community
Ease of Access
Compatibly.
10 Bitcoin Cash (BCH) Mobile Wallets
**Bitcoin.com Wallet**
Bitcoin.com Wallet is one of the best Mobile wallets to store your BCH digital assets. Considering the features I fore mentioned, Bitcoin.com wallets are not found lacking.
Additionally, Bitcoin.com wallets offer the possibility to send or transfer your BCH to persons via Mails, SMS and shareable links which are not found in any other wallets. You can send and Receive Bitcoin Cash within seconds, no confirmations which usually keeps the transaction over 1-24hrs before confirmation if you are sending or receiving from another Bitcoin.com wallet user.
You can easily download and install a Bitcoin.com wallet from the Playstore.
**Trust Wallet**
Unlike Bitcoin.com wallets, Trust wallet is a multi wallet that stores several other digital assets including **Bitcoin Cash.**
Trust wallet also fulfills the features we listed earlier as it is user friendly, offer a client-side security model with private keys hosted locally, accessible and also free. Although it houses other crypto digital assets, it is a safe place to store your **Bitcoin Cash** too.
You can download and install the trust wallet from Playstore.
**BlockChain Wallet**
Although the Blockchain is a multi wallet, it's another popular wallet that stores **Bitcoin Cash** also, and one of the oldest crypto currency wallets. It is a trusted wallet and allows it's users full control of their stored assets.
You can Download and Install the Blockchain wallet from Playstore.
**Coinbase**
Coinbase is more of a mobile wallet but also offers exchange features. Coinbase stores major portion of your assets in cold storage to keep them safe from the reach of hackers and malicious attacks.
It is believed that coinbase is the most popular crypto wallet with multiple crypto wallets which includes **Bitcoin Cash** also.
You can get coinbase from the Playstore.
**Atomic Wallet**
Atomic Wallet is a multi wallet with over 300 crypto wallets, it also stores **Bitcoin Cash**, easy to use and secured.
**Nexo Wallet**
One of my favorite wallets is Nexo, Nexo is a regulated financial institution for digital assets.
The Nexo wallet stores multiple crypto digital assets including Bitcoin Cash in a save Haven making it possible to get interests on idle assets.
Although transaction confirmations take a longer period of time, but Nexo is secured, user friendly and recommendable for Bitcoin Cash investors, miners and others.
**Luno**
This wallet is more popular amongst Africans, with the Luno wallet you can buy, sell, send and receive your crypto digital assets. Luno wallet also stores Bitcoin Cash alongside other digital assets like Bitcoin, Ripple, Litecoin and Ethereum.
Luno is Secured, Limited transaction according to verification levels and full access to users.
Get the Luno wallet on Playstore and start storing your **Bitcoin Cash**.
**Electron Cash**
Electron Cash, initially built to improve on Electrum a desktop wallet but later improved to support Mobile Devices.
Electron Cash is supported by decentralized servers that keeps the wallet accessible at all times, it is also Advanced in security- works with encrypted keys.
**Guarder Wallet**
Edge Wallet is a multi coin wallet just like trust wallet and other listed wallets which stores **Bitcoin Cash**.
The Edge Wallet made it to our list because it fulfills the features we mentioned earlier; ease of access, Availability of Wallet Backups and security features, An Active Developer Community and mobile Compatible.
**Edge Wallet**
Need to secure your Bitcoin Cash on a wallet? The Edge Wallet is an option.
Edge Wallet is a user friendly multiple wallet that stores Bitcoin Cash also. You can download and install the Edge Wallet from the Playstore.
Holy Token: Bringing Bitcoin Cash to Christianity
**Bitcoin Cash is here to stay, creating posiblities to carry everyone along not withstanding Religion, Colour, Size and Tribe.**
**Jesus Piece** symbolized as HOLY is a Simple Ledger Protocol of the Bitcoin Cash just like SPICE, but in it's case there is something more interesting: Spreading the Word of Jesus in form of Crypto currency.
According to the founder of Holy Token @Stockleezythe Holy Token is best used for sending "Sending Prayers" and spreading the word of God.
Luckily enough, I was opportuned to have a brief conversation with @Stockleezy on Twitter, here's how the interaction went.
**BitcoinCash247**: Hello
I'd love to have a discussion with you about the Holy Token.
**Stockleezy:** Hello
yes let me know what I can do
**BitcoinCash247**: Alright First, I'd love you to make a little introduction of yourself. Are you the Founder of the Holy Token?
**Stockleezy**: Yes , I am the founder of holy , We have a team of 9 people ranging from BR , Nigeria , and phillipines
We are seeking to spread adoption of BCH along side spreading the word of Jesus
**BitcoinCash247**: Wow! That's great, I mean I haven't met any incentive Promoting The word of Jesus on the crypto space. So, what actually gave you such an idea?
**Stockleezy**: I have always been a christian and i see similarities of BCH and Christianity .
It can be compared to water of life. People all around the world would genuinely be better off if they knew of BCH and could use it and build on it.
Jesus Piece is a platform for anyone to join the space, learn of the ecosystem and meet friends with similar values of hummanity
**BitcoinCash247**: I'm Equally a Christian, Luckily enough I was made to know Bitcoin Cash during the first wave of the Lockdown and since then I've tried in my own little capacity to spread Bitcoin Cash. About the Holy Token, How can it be gotten? And does it have a special wallet or wallet that stores it?
**Stockleezy**: more info can be found at http://jesuspiece.cash
it is available on http://memo.cash
it is an SLP token , 77,777,777 total supply.
Very active in telegram community!
http://zapit.io wallet and http://bitcoin.com wallet will hold token.
if you send SLP address I will send you =]
can also be swapped with doge on CCtip
**BitcoinCash247**: That's great, How long have Holy been on the Crypto space? Sorry to ask
**Stockleezy**: no worries brother. Very friendly person and no judgements from stockleezy =]
7/8/2020
**BitcoinCash247**: Are there measures You and your team have set to sustain Holy? Also, So far what are the reactions you've gotten from the BCH Community over the Jesus Piece, Has it been impressive?
**Stockleezy**: yes surprinsgly , Until SLP really takes off HOLY has a vault kept offline. The investments in this vault will generate value to give back to Holy token
72.6m of Holy is locked in storage
the current price for 1 holy is riggt around 1100 sats !
**BitcoinCash247**: I see Wisdom attached to your Idea. Definitely the One you are Promoting will see you through, and hopefully HOLY will break barriers in Spreading Bitcoin Cash and The Word of Jesus
I wouldn't want to keep you any longer because I believe you must be a busy and hard-working person. It's has really been a wonderful moment talking to you and knowing more about the Jesus Piece
**Stockleezy**: yes if you ever want to join the discussion on telegram
Jesus Piece Social
https://t.me/JesusPieceSocial
I will see your tweets , they are very nice. I need to read your articles more!
**BitcoinCash247**: Thanks Sir, I'll join the Community as soon as I'm done arranging this interactions on an article. God Bless you.
Without doubts, Bitcoin Cash has a lot to offer to the World in General and BitcoinCash247 is here to explore and relate these Opportunities to everyone.
Compliments of the Season 🎄
Explaining Bitcoin Cash To Granny
Are you finding it difficult explaining Bitcoin Cash to Granny or Convincing them to HODL Bitcoin Cash? Well! It might not go that easy if you explain it in a more technical way, same way you explain to younger persons. This article is a break down of what Bitcoin Cash is, simple enough for o ur Grandpa and Grandma to understand.
First I'll break down the definition of BlockChain, then Crypto currency and finally what Bitcoin Cash is in simple terms.
**What Is BlockChain**
In a simple case, Granny's friend wants to send money to Granny, the process of sending the money (Transaction) is represented by a block. This block gets distributed in a network let's say given to a delivery man, he gets to verify the amount given, makes record of it and keeps it alongside other delivery (the chain). Then he finally takes the money to Granny.
In the case of the Crypto currency, 'Bitcoin Cash' the Blockchain is Decentralized meaning that there is no form of governance that may in one way or the other limit the transaction. So Granny's friend gets to Send money to Granny in a sound and safe environment.
Adding a little technicality to the definition, A BlockChain is a record of all transactions in a database, it is actually the most secured way of transacting because Mr A can send money to Mr B and choose to remain anonymous. All records of transaction remain saved without the possibility of erasing them and that makes it decentralized.
**What Is Crypto Currency?**
Having the idea of what a BlockChain is, we can simply state with understanding what a crypto currency is.
Simply, you can tell Granny that the money transacted on the Blockchain is called a crypto currency, the term crypto is attached because this currency is being transacted virtually.
Unlike the usual currencies (Fiat), our Pounds, Dollars, Euros, Naira which are actually being printed by the Banks, usually prone to Being cloned as counterfeits, the Crypto currency is not being printed as it remains virtual but can be converted to our usual money (Fiat) . The only way one can own a crypto currency is to either buy it, earn it or but it.
In a little bit more advanced way, A crypto currency is a digital or Virtual Currency this makes it nearly impossible to clone, counterfeit or double spend.
What if Granny Asks of Where She Can Store Crypto Currencies?
You might be faced with a question like that because most of our Grannys are already so used to keeping save their money in Banks, Crypto Currencies being digital have a more advanced method of storage or saving unlike the Banks.
Crypto Currencies are stored in Wallets, not our usual kind of leather wallets but a more advanced kind of wallet built for digital currencies such as Bitcoin Cash.
A wallet can be a programmable application, a device or physical medium that stores public or private keys of crypto currency transactions. In addition, it also offers the functionality of encrypting and/or signing information which makes it more secured and a save place to store digital assets.
**What Is Bitcoin Cash?**
Remember, this article is meant to make a simpler way of explaining Bitcoin Cash to Granny because they are not supposed to be left out on the Adoption Process.
Having been able to break down the explanation of BlockChain, Crypto Currencies, it will be now easier to make an understandable explanation of Bitcoin Cash. You can simply say, Bitcoin Cash is a Decentralized crypto currency on the Blockchain.
There are several other Crypto Currencies on the Blockchain like Bitcoin which Bitcoin Cash was a part of initially.
But unlike other Crypto Currencies that happen to charge more for transacting, Bitcoin Cash can easily be sent within and across borders with maintenance of value. This means that you can send as low as $0.05 from London to a person in Nigeria which is not possible in any other Crypto Currency.
It's better Earning, buying and storing Bitcoin Cash than every other Crypto Currency because with Bitcoin Cash, Granny can fulfill himself/herself and secure a save financial future for the children and grandchildren.
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Coinparty Hackathon : Pacesetting the Future of Bitcoin Cash Finance
Coinparty Hackathon : Pacesetting the Future of Bitcoin Cash Finance
Coinparty initially Scheduled for 2nd December is already close to the new date, 13th January.
The Coinparty is scheduled to Last for a week with the major aim of building the future of finance using the crypto currency Bitcoin Cash. The Project is Hosted by @Bitcoin-Unlimited an organization founded to drive the technology of Bitcoin towards massive adoption and scaling.
**What Is The Coinparty All About?**
The Coinparty is an Hackathon focusing on Building and Developing Bitcoin Cash Integrated projects. The hackathon is not restricted to Developers alone but for everyone whose got an idea that will lead to a scale up in the future of Bitcoin Cash.
There are several mouth watering awards attached to the Hackathon,
$24,000 in Bitcoin Cash prizes for the best projects. Where you can use this money to take your projects to the moon!
Receive a $50 bursary just for taking part!
**How To Participate In The Coinparty Hackathon**
Like I included earlier, Everyone from the age of 18 is eligible to participate in the Hackathon as long as you are Creative and Talented; you can participate as a developer, marketer, designer and business person.
**Other Benefits of the Coinparty Hackathon**
Being a cluster of Talented and oriented tech Persons, definitely there is so much for you to benefit from participating in the Hackathon. The opportunity to meet and discuss ideas, Join a team / build a team, get useful tools and resources to help you build exciting projects from the host, and other exciting benefits.
The Coinparty is slated to last through a with activities scheduled as follows;
January 10th - Team founding & ideation activities
January 13th - CoinParty Opening Ceremony & hackathon kickoff
January 15th - Livestream interviews with the teams to give progress updates
January 18th - Submission deadline.
January 19th - Project presentations.
January 20th - Judges deliberations and prize giving ceremony
**How To Register for the Coinparty Hackathon**
Registration is Free and easy to enroll, simply visit coinparty.devpost.com https://coinparty.devpost.com
The Coinparty is also supported by @GeneralProtocols and @SatoshisAngels
Every Project submitted to the Hackathon will be accessed by a panel of judges consisting of @AndrewStone Lead Developer of Bitcoin Unlimited, Andrea Suisani, @PeterRizun @JonathanSilverblood Lead Developer of General Protocols, Josh Ellithorpe, Staff Engineer at Coinbase, @joshmgreen Lead Developer - Bitcoin Verde.
For More Information about the Coinparty Hackathon, Visit coinparty.devpost.com https://coinparty.devpost.com
Roger Ver's Mail To EdVanderWalt Promoting Bitcoin Cash
Roger Ver, The First Investor in the Bitcoin Ecosystem and Owner of Bitcoin.com took to Twitter recently with a tweet promoting Bitcoin Cash.
On The Tweet, he stated that he just sent @EdVanderWalt a Twitter user an email about Bitcoin. Here's the content of the mail in quote.
Hi Ed,
I am the first person in the world to start investing in the Bitcoin ecosystem and I Funded nearly the entire first generation of crypto businesses.
I saw your recent tweet storm about Bitcoin I thought I will send you $5 worth of Bitcoin cash via email on the block chain. Here it is xxxxxxxxxxxxxxxxxxxxx
It is important to understand that this is now impossible to do that on top of Bitcoin and that is why I am using bitcoin cash today bitcoin cash works the same way bitcoin did from 2009 until around 2017
This year was the character that made bitcoin popular to begin with and bitcoin is just riding on the brand recognition of Bitcoin that was built up by people like me.
To see this for yourself I invite you to request on Twitter for people to send you $1 or even $5 worth of Bitcoin it won't be possible due to the high fees.
They will have to spend $5 just to send you $5 and then your $5 won't be spendable at all because it will require all of it just to pay the fees and you have nothing left.
Some bitcoin proponents will say the lightning network solved all of this but that is also a lie there are no lightning wallet that puts the user in control of their own funds that allow them to receive payments while offline or via Twitter or email or anything else the way bitcoin cash enables.
If you try the same experiment with bitcoin cash people from all over the world will be able to send you are little as a fraction of a penny or as much money as they have in their wallet.
Bitcoin cash is money that enables more economic freedom for everyone in the planet bitcoin is now just a speculative asset for Wall Street with little chance to empower individuals to have more control over their own money.
I'd be happy to answer any other question you may have.
Convincingly enough, this Email sent buy Roger Ver is done in efforts to promote Bitcoin Cash and bring in more investors as well.
Are You Missing Out On Bitcoin Cash Giveaways - Join Now
Compliments of the season!
Christmas on The Bitcoin Cash Community is already amazing, filled with surprises, giveaways and other fun filled activities.
Are you missing out? I guess it's never too late to be a part of the fun.
Recently, @Bitcoin.com , has been organizing giveaways on social platforms, first was the $100 Giveaway for 3 Lucky Twitter users, then it extended to Instagram users and to YouTube users and nobody knows which media comes up next. This might have come and gone but the next big #Giveaway is on Christmas Day.
On Christmas Day, Bitcoin.com promises to give out $1000 in Bitcoin Cash to One @bitcoin.com follower on Twitter via a direct message and $100 worth of Bitcoin Cash to 6 Newsletter subscribers by Email.
How To Participate For The Christmas Day Bitcoin Cash Giveaway
Follow @Bitcoin.com on Twitter
Click on the link https://docs.google.com/forms/d/e/1FAIpQLSf-nxCydmztIBw9NPbggZ63u1AX8ue9kKXTv6ynOisQngVwhQ/viewform input your email address and subscribe.
Merry Christmas 🎀🎄🎅
All You Need To Know About Spice Token
Spice Token is a Decentralized Appreciation token that works on the Bitcoin Cash SLP protocol. Just like every other SLP tokens, Spice Token can be sent and received across the BCH BlockChain.
That's not enough explanation of the Spice Token right? Let's put it in a simpler term that you may understand, Spice Token is a social token tipped mostly on social media platforms to interesting interactions.
According to @Spicetoshi Spice Token is a simple test of the SLP protocol and a "Social mechanism that allows you say to another human being, 'hey I like your stuff, your content fulfills me in a way.'"
The Spice Token have grown from just a simple test of the SLP protocol to one of the most used Tipping Token within an without the BCH Community on almost all the Social Media platforms using a bot mechanism called the **spicebot**.
What is A Spicebot?
In utilizing the Spice Token on social media platforms such as Telegram, Twitter, Discord, Reddit, WeChat... the spicebot plays a vital role.
How To Use The Spicebot
How to use the Spicebot on Telegram
To use Spicebot on telegram simply add @SpiceTippingBot and send a command, the Spicebot can also be added to groups on Telegram.
**How To Tip Spice Token on Telegram**
Tipping on Instagram is being made easy with the Spicebot, To tip anyone, follow the instructions below
Reply with [amount] spice, Example: 100 spice to any user you wish to tip or reply with tip [amount], Example: tip 200
You can equally send a tip using symbols like the plus symbol, hot pepper, thumbs up and fire emoji's. Example: +,🌶, 👍,🔥,🌶 🌶 🌶 or combinations of symbols. Example: + 🌶 👍 🔥
**How to check your Spice Token balance on Telegram**
To check Spice balance on telegram, send a Direct Message to @Spicetippingbot and type "Balance"
Example: Balance
**How To Deposit Spice Token on Your Telegram**
You may want to deposit more Spice Token if you are out of the token. To Deposit, Send a message "Deposit" without "" to @spicetippingbot. You will be given an SLP deposit address to send spice to. Once the transaction has 1 confirm, you wll receive notification of successful deposit.
**How To Withdraw Spice Token from Telegram**
Simply send a message with the format "Withdraw [amount] [BCH SLP address]" to @spicetippingbot. Example: withdraw 100 simpleledger:qzxxxxxxxxxxxxxxxxxxxxx
How To Use the Spicebot on Twitter
To use the Spicebot on Twitter, Simply follow and send a direct message to @spicetoken .
**How to Tip Spice Token on Twitter**
Reply to any tweet you wish to tip with the format [amount] @spicetokens. Example: 100 @spicetokens
Alternatively, you can use any of these symbols (plus symbol, hot pepper, thumbs up and fire emoji) to send a tip to your catchy tweet; Example: 🌶 @spicetokens, 👍 @spicetokens, 🔥 @spicetokens, 🌶 🌶 🌶 @spicetokens or using a combination of symbols and emoji. Example: 🌶 👍 🔥 @spicetokens,
**How to Check Your Spice Token balance on Twitter**
To check Spice balance on twitter, Send a Direct Message to @spicetokens and type "Balance". Example: Balance
**How To Deposit Spice Token on Your Twitter**
To Deposit, Send a message "Deposit" without "" to @spicetokens. You will be given an SLP deposit address to send spice to. Once the transaction has 1 confirm, you wll receive notification of successful deposit.
**How To Withdraw Spice Token from Twitter**
Simply send a message with the format "Withdraw [amount] [BCH SLP address]" to @spicetokens. Example: withdraw 100 simpleledger:qzxxxxxxxxxxxxxxxxxxxxx
How To Use The Spicebot on Reddit
To use Spicebot on Reddit, simply follow u/spicetokens and send a direct message.
**How to Tip Spice Token on Reddit**
Go to any post you wish to tip, reply to the post with using any of these formats
[amount] @spicetokens, Example: 100 @spicetokens,
🌶 @spicetokens
👍 @spicetokens
🔥 @spicetokens
🌶 🌶 🌶 @spicetokens
**How To Check Your Spice Token balance on Reddit**
To check Spice balance on reddit, send a Direct Message to u/spicetokens and type "Balance". Example: Balance.
**How To Deposit Spice Token on Your Reddit**
To Deposit, Send a message "Deposit" without "" to u/spicetokens. You will be given an SLP deposit address to send spice to. Once the transaction has 1 confirm, you wll receive notification of successful deposit.
**How To Withdraw Spice Token from Reddit**
Simply send a message with the format "Withdraw [amount] [BCH SLP address]" to u/spicetokens. Example: withdraw 100 simpleledger:qzxxxxxxxxxxxxxxxxxxxxx
@BitcoinCash247
