Bitcoin Cash! Overview and Updates!
Do you know Bitcoin Cash? Of course you do. That's why you are here! It's the famous Bitcoin fork. The token that Bitcoin maximalists love to hate.
But wait, what is a fork would a newbie ask?.. If you already know this, which you should, then scroll down to the spicy part!
Yes, yes.. a fork is a utensil that we use when eating our food. But not quite.
In layman's terms: A blockchain fork is when a blockchain splits into two separate chains.
One of the most famous hard-forks was that between Bitcoin and Bitcoin Cash in August 2017 and that's why the enmity.
Bitcoin cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency and its ability to scale effectively. The key difference between BTC and BCH is the block size. The Bitcoin block size is limited to 1 MB, while Bitcoin Cash offers a block size of 8 MB, which was later upgraded to 32 MB.
What's happening with Bitcoin Cash / Updates AKA The Spicy Part
For one thing, BCH has so many new things going on that it seems like it is creating its own ecosystem and going its own way!
The funny thing is that most of their new projects end in CASH 'cause you know; Money makes the world go round.
Noise.Cash
That's BCH community's social media. It's essentially a microblogging platform where users are allocated daily tips that you give other users for their posts. Something like Twitter, but better since you get paid, you can actually edit your posts, doesn't have the 280 character limit which allows to write more meaningful posts, and instead of spammy #hashtags it has chambers discussing different topics.
Read.Cash
The sister platform of Noise is a blogging platform called Read.Cash. In it you can write articles and get paid in Bitcoin Cash. Similar to Publish0x, but there is no free tip option. So you either get tips from other users or from the Random Reward Bot (or what's it name!) who visits your articles and usually is very generous. Oh yes, you can get tipped by other users also when commenting in articles! Check it here
SmartBCH
Smart Bitcoin Cash is a sidechain for Bitcoin Cash. It is compatible with Ethereum's EVM and Web3 API and provides high throughput for DApps in a fast, secure, and decentralized manner. It looks like with it BCH will be joining the DeFi realm.
Juungle
Welcome to the Juungle! This a combo breaker as... it's name doesn't end in Cash! Nevertheless, Juungle is BCH new NFT marketplace. Have a look at it, still young and fresh and you're able to pay with your Bitcoin Cash. The project is still in the alpha phase and expected to grow.
Tipb.ch
Is a service that allows creating shortened BCH wallet addresses to share in your social media for payments and tips. Neat isn't it?!
Flipstarter.Cash
Think of it as a Kickstarter campaign page but get paid in Bitcoin Cash. Do you have an interesting idea about Bitcoin Cash and its development? Then go for it, the community will support you!
Simple Ledger Cash
Simple Ledge Protocol is a token system for BCH where you can create your own tokens and distribute them. SLP tokens can easily be created, traded, and managed on the Bitcoin Cash blockchain within seconds; costing the user only fractions of a penny for each transaction.
Then in addition to all these there are so many interesting Bitcoin Cash services such as; Purse.io where you can buy Amazon purchases with BCH and receive large discounts from 5% to 33%, Lazyfox.io where you fulfil task and/or disputes uploaded by other users and get paid in BCH, sharetip.me which allows to tip a content creator in any website with BCH.
I am personally hyped by the ideas that the Bitcoin Cash community has been developing. They look fun and that there is a lot of potential in there. For that, I am long on BCH as it trades around $650 way too low than its ATH price of $3,785 in December 2017 during the last bull run!
In the end of the day;
I like the coin
because it's green
and you know who else is green?
THIS GUY
... AND THIS GUY
Alright, I am out.
You can proceed in the check out and leave your tip.
But seriously, BCH is undervalued right now.
Ceek'z out
Yes, Luigi is the real hero in Mario. The most underrated and overshadowed character but he always saves the day. And he is green ;)
PS: Don't take everything in life so seriously!
Once more, thank you for tuning in to read this. Researching and writing about topics always takes considerable effort and time.
Your support is always appreciated in the crypto-sphere.
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