Meet Kasumi, MistSwap DEX Dev building On Top Of Bitcoin Cash Side-chain

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Avatar for alberdioni8406
1 year ago

Bitcoin Cash is an ecosystem in constant metamorphosis where the blockchain is capable of mutation and continues to host technologies that make it superior in many ways, one of which is the SLP (Simple ledger protocol) technology that allows assets (tokens) to be created on top of the Bitcoin Cash blockchain. Here many devs created their projects and, the prominent figure that I will highlight today not only created, but also brought an innovation, created a token that, unlike others that were born using SLP technology, could be mineable.

The Dev I am referring to is Kasumi, creator of the first token, Mistcoin, generated by proof-of-work mining and governed by a Bitcoin script. The script contained a contract that provided validation for an acceptable mining solution and guaranteed a reward per block making it the first fully autonomous, decentralized, mineable token created on the Bitcoin Cash blockchain.

Kasumi,

He/she is an anonymous developer who has been working in the Bitcoin Cash ecosystem for a long time, is a credible figure in the community and continues to build on top of the Bitcoin Cash blockchain, this time migrating his projects to the side-chain, called SmartBCH.

Kasumi's contribution to the Bitcoin Cash ecosystem is based on the creation of MistSwap DEX, a decentralized crypto asset trading platform on the side-chain, an innovation in the network where it has its pillars in the promotion and onboard of more people to join the Bitcoin Cash DeFi. MistSwap DEX is not only a platform where investors can make their swaps, farming, staking, but it is also a tool that allows users to make transfers to other blockchains using the bridge that Kasumi and team brought to make the work of those who need it to be easier investing in the side-chain!

The bridge for example, has over twenty currencies that investors can use to convert and invest in the Sidechain, it also allows them to withdraw the converted assets from smartBCH to any of those blockchains that the bridge supports. This tool does a lot to bring more people in other blockchains to invest and test the low fees that the EVM ecosystem of Bitcoin Cash offers.

In addition to the MistSwap DEX Platform and bridge, Kasumi is also responsible for the LNS address service, which allows transforming a smartBCH address into a name for easy sending and receiving of assets. This type of service takes the stress out of copying long addresses by making it look like just using a name like alberdioni8406.bch anyone can send cryptocurrencies in the smartBCH ecosystem. The service is a fork of ENS, which was created and deployed on the Ethereum network, but with the difference that in the DeFi space of Bitcoin Cash it can be created for less than $5 (0.01 BCH), and lasts for one year, renewable and it serves as a non-fugible token, allowing the holder to also list it for sale on a dedicated marketplace.

Therefore, as we can see, Kasumi has been bringing innovations in projects that benefit Bitcoin Cash, both on platforms that can transact assets in a decentralized way, as onboard more investors to the smartBCH community as well as bringing important tools that help investors and side-chain users who can send and receive crypto assets using custom addresses.

Summary,

The Bitcoin Cash community has several prominent figures that contribute to the ecosystem having the visibility and credibility it deserves, it has people involved in promoting, onboard both merchants and ordinary people to use the currency as well as devs, programmers who work on the Bitcoin infrastructure. Cash and also not least, devs who bring their projects to the Bitcoin Cash Ecosystem as they feel that blockchain allows them to bring their work to an inclusive and still growing network with a lot to offer in the market.

@kasumi despite being a totally anonymous figure, has already proven the value and the community thanks him/her by consuming the products he/she produces and that makes Bitcoin Cash so great in the crypto ecosystem. Mistswap Dex is not only a platform but one of the most promising decentralized exchanges operating on the Bitcoin Cash side-chain, it has very high liquidity, quality services and a token that in the future of the ecosystem will have a very large weight in Bitcoin’s DeFi cash.

Find out more about Kasumi/and/or the projects he develops at the following links:

MistSwap DEX - https://app.mistswap.fi/swap

Bridge- https://app.mistswap.fi/bridge

Twitter - https://twitter.com/mistswapdex

Discord - https://discord.gg/mistswapdex

Telegram - https://t.me/MistSwapOfficial

LNS Telegram - https://t.me/LNS_DISCORD_BRIDGE

And, also find me on noise.cash, Telegram and Twitter so we can chat and talk about which prominent figure in the Bitcoin Cash community you want to see featured in the next article.

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Comments

It has no doubt MistSwap is one of the best dex I ever seen in sBCH ecosystem. Thanks for introducing the true man behind this project. In your article I found LNS system that was new and now I need no Adress for sending. WAO I can make transactions with name. Good article and full of innovations of course.

$ 0.01
1 year ago

Thanks one more time for contributing in the article with your support

$ 0.00
1 year ago

You are always welcome brother. Spread positive information with good response.

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1 year ago

🙏

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1 year ago