Dammy Introduction to SLP

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3 years ago

Hey, Guys.

I am Princess here, Today I am here to give you all a simple introduction of SLP tokens! Get set go for Dammy Introduction!

Topics Included:

~ What is SLP?

~ About Bitcoin.Com

~ More into Bitcoin Cash

Let's get started together!

WHAT IS SLP?

Simple Ledger Protocol (or SLP) is a very simple token system, allows everyone to create tokens on Bitcoin Cash Chain (BCHN) in a permissionless ways. SLP tokens are quite much easier to use in many ways, like spent, traded or sent. Tokens that are being transferred are attached to a minimal amount of BCH(Bitcoin Cash) Transaction. All the transactions are recorded on chain, and custom token behaviour can be defined quite easily using Bitcoin Script Developing Language.

Holding SLP tokens has been growing science 2019. Somewhere bitcoin.com has started off trading of SLP tokens on it's exchanges, Such as GoCrypto's GOC, a token that enables online or physical merchants to accept crypto payments and receive settlement in their local fiat currency. Someother cases of SLP-Based tokens holding/Adoption are the cause of launch of and trade of an SLP token called ACD is issued by Tokyo based ANA Holdings subsidiary Alliance Cargo Direct, or tokens built for the cities of Dublin and Ohio. More than 6,200 tokens have been created using SLP framework so far.

Bitcoin.com is a company focusing on the adoption of Bitcoin Cash and Bitcoin Digital Currencies. Its a services include a cryptocurrency wallet, exchange, mining service and cryptocurrency news outlet.

ABOUT BITCOIN.COM

Bitcoin.com is a powerup for the Bitcoin Cash to change off the world with the Bitcoin Cash(BCH). The company’s team is the heart and soul of the Bitcoin Cash industry and they are committed to makingBCHavailable to all people, whatever their age, gender, nationality or financial status.

ABOUT BITCOIN CASH

BitcoinCash is a crypto currency that is the fork of Bitcoin. Bitcoin Cash is altcoin that was created in 2017. In November 2020, there was a second major hard fork where the leading node implementation, BitcoinABC, created BCHA.

Thanks! Have a good BCHies! :D

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3 years ago

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