March 29, 2021
You are not reading it wrong, because it is true. The Bitcoin Cash revolution has just started and will continue until it reaches its ultimate goal, to onboard millions of users all over the world, to be recognized as the most valuable crypto in the crypto industry, and to share to the world that it is the FUTURE DIGITAL CASH.
Who doesn't know about Bitcoin Cash? As it will be forever remembered in crypto history when it solved the biggest problem of its predecessor - Bitcoin. It may be the most controversial crypto, but Bitcoin Cash implements numerous technical changes that have far-reaching implications. It was designed to be a more practical cryptocurrency for everyday transactions on the blockchain as it increases the block size Bitcoin has, and has implemented a peer-to-peer system rather than as a store of value, which the father of cryptocurrencies Satoshi Nakamoto wanted Bitcoin to be.
Satoshis's vision for Bitcoin is more aligned with Bitcoin Cash and the core developers of Bitcoin Cash are passionate about the project and firmly believed that it has long-term potential. Bitcoin (BTC) may act like “digital gold” and operates as a store of value, but Bitcoin Cash (BCH) will serve the world as “digital cash” that aims to be used as a daily payment method with fast transaction speed and very low transaction fee.
Bitcoin Cash: The Road To Mass Adoption
In this documentary filmed across the globe by @georgedonnelly, you will discover the vision that is driving BCH mass adoption for this year 2021, and its builder's plans from infrastructures to apps, as well as other plans of its funders and promoters. The documentary shows a raft of improvements for this year from Scalenet to double-spend proofs, and we are expecting a radical increase in zero-conf security on Bitcoin Cash. It shows how the BCH community and its development team steering the adoption of the coin and its broader applications.
@JonathanSilverblood of Anyhedge and BCH node and the rest of the teams working to make Bitcoin Cash more reliable this year. Among the projects envisioned by the team includes:
Payment widgets
Financial derivatives powered by smart contracts
Decentralized exchanges
Fundraising tools
Code libraries that simplify developer onboarding
"The Road To BCH Mass Adoption" aims to give its supporters confidence that 2021 will be the year of Bitcoin Cash overtaking other crypto and bringing economic freedom to millions of people across the globe.
As this year 2021 started and being in the BCH community, we have witnessed how Bitcoin Cash improves its mass adoption because of different platforms implemented under the BCH blockchain and different ways of its supporters in spreading #BitcoinCash awareness.
Before 2020 ends, the BCH development team implemented a micro tipping platform https://noise.cash/ similar to Twitter. And in just a couple of days, it onboarded thousands of users from all over the world which currently has more than 130,000 users in just three months. And through this platform, different users have discovered the benefits of using BCH and now adopting the coin as well.
The BCH micro tipping has been first implemented on platforms like memo.cash and read.cash and we are expecting more platforms to show this year.
Just recently, SLP-based NFTs has joined the revolution when juungle.net has been introduced to the BCH community. The platform allows users to purchase, collect, and trade NFTs with Bitcoin Cash. Since the platform is still in its alpha phase, they only have Waifus at first.
But they recently added more BCH NFTs like PONY, zombie, MicahArts, Photoyshop, SPHERE, TORCH, and more, which gives its users more NFT choices. And this platform also teaches its users to create their own NFT that displays artwork on the explorer and the Juungle market.
Another way for BCH mass adoption has been introduced to the community through the platform called Onlycoins. According to news.bitcoin.com, Bitcoin Cash-Powered Onlycoins aims to compete with the popular content platform Onlyfans. Onlycoins is a digital content marketplace similar to Onlyfans, but creators earn Bitcoin Cash from posting quality content and gaining subscribers.
One of the BCH supporters @DavidBond and a popular Youtuber has registered on the new platform and advertise the app to his subscribers, emphasizing the opportunity to earn BCH without a 20% cut, unlike its competitors. In his video, he also mentioned BCH-powered platform like noise.cash which also helped the platform onboard more users. Onlycoins is now filling up with members and by leveraging a peer-to-peer cryptocurrency like Bitcoin Cash, developers believe that the platform could easily continue offering competitive commission rates.
And who doesn't know about https://tipb.ch? It became trending on Twitter lately and somewhat causes a threat to other cryptocurrencies. A threat as they hide the #BitcoinCash posts because it's overflowing the site.
Many crypto communities like Bitcoin and Dogecoin have been using Twitter to promote their ideal crypto. But why hide posts about #BitcoinCash?
Bitcoin Cash may only be in the 13th spot of the most valuable crypto in the world with $9.4 billion market capitalization which is only a fraction of Bitcoin's $1 trillion market cap. However, there is one thing people don't realize that the Bitcoin Cash network is already outpacing the Bitcoin network at a 10:1 ratio according to https://blockchair.com.
And every day, more people are transacting using Bitcoin Cash than Bitcoin. That is one of the reasons why @RogerVer is consistently spreading the gospel of Bitcoin Cash and even regretted that the split between BTC and BCH did not happen earlier. And according to a forecast.news interview with Roger Ver, BCH adoption has been on the rise in the Caribbean region and reported to have more than 40 major businesses in Antigua accepting Bitcoin Cash for goods and services. The individuals and businesses who used Bitcoin Cash have experienced the benefits of fast money transfer with low transaction fees.
Just recently, the new member of the BCH community @KimDand otcom tweeted on Twitter the difference between buying a soda using BCH and BTC. This post hooked @ElonMusk's attention and the world’s billionaire replied "Fair point." BCH community has been hoping to onboard Elon Musk as his support may drive BCH to the moon.
And just to inform everyone, the average Bitcoin transaction fee is over $17, while Bitcoin Cash transactions have seen fees as low as US$0.003 and even lower. One of the commenters flexed how the Lighting Network solved Bitcoin's transaction fee issues.
Bitcoin supporters should know that there are downsides in using Lightning Network. The two-layered protocol like Lightning Network may have enabled lower fees for Bitcoin in some areas, however, some researchers have found that the resulting high volume of transactions in the blockchain will not allow proper settlement that would enable attackers to steal Bitcoin.
Bitcoin Cash is a worldwide network that anyone could send money to anyone in the world with a fee that is almost nothing. It's decentralized and there is no need for central authority or middlemen in processing every transaction. BCH may don't have an official roadmap but the collection of development teams remain committed to its original vision, an open permissionless payment network, along with its fundamental characteristics of supply, emissions, algorithms, and fast and low transaction fees that distinguish it from other cryptocurrencies.
Bitcoin Cash just made things possible and helped thousands to millions of people from all over the world. @Maxdevalue.BCH from Nigeria can testify how Bitcoin Cash helped them build water irrigation in their place. You can check the project's update on this article. https://read.cash/@Maxdevalue.BCH/my-bitcoin-cash-project-is-always-on-the-move-13af18e5 and it's all thanks to BCH supporter @emergent_reasons as he funded the project.
BCH-powered platforms like read.cash and noise.cash have also onboarded thousands of students and jobless individuals from all over the world. It doesn't only help its users financially, but also gives them the opportunity to onboard on the BCH ship heading to the bright future.
The eatbch.org gives hope to thousands of the world's less fortunate people. The community has raised over $10,000 to feed vulnerable South Sudanese and more people in Venezuela. Just visit the site if you want to make donations. https://eatbch.org/
And for those who don't know, flipstarter.cash is built on Bitcoin Cash which provides a way for any project to engage with potential funders that enables project's accountability and funder's fairness. You can also contribute nodes and earch Bitcoin Cash on Flipstarter.
Bitcoin is valuable than ever partly because it's the first cryptocurrency. But Bitcoin Cash is more valuable now that the network has managed to secure more partners and projects and it appears to have a long bright future ahead.
And soon, the world will recognize Bitcoin Cash as the "Future Digital Cash." This is all thanks to the BCH development Simon Wilson (noise.cash/read.cash talking head), @JonathanSilverblood@mainnet@Test75785 @blockparty-sh @Koush @flipstarter and more, as well as some respected contributors like Josh Green, Shomari Prince, funders like @RogerVer and @MarcDeMesel, and @SofiaCBCH @georgedonnelly great campaigns in onboarding thousands of people from different parts of the world.
To know the latest updates about #BitcoinCash development, you can visit BCH official website https://bitcoincash.site founded by George Donnelly.
And the list of BCH projects here: https://bitcoincash.org/
Be part of the Bitcoin Cash mass adoption by supporting and spreading the benefits of Bitcoin Cash!
Brilliant post Jane, Awesome curation of BCH projects and reasons that lead most of us to be bullish on BCH. Of course, I also agree with more gain on how he says a high price isn't directly needed for BCH to succeed. As the market cap increases, we will have some major volatility as it has happened on the highest market cap coins, but it will stabilize in a way that I think will still be lower than the "digital gold". BTC changed into a coin whose aim is to be as high as possible and to store value, much different from what Bitcoin was proposed to be - BCH's end isn't to be valuable, but used by everyone. Loved the article. Stay cool!