BCH is a good fit for Defi

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Avatar for calo
Written by
4 years ago

Now that Defi is hot, will BCH miss the Defi wave of opportunity?

In my opinion, BCH is a good fit for Defi.

It's decentralized, efficient, and has low fees, all of which Defi really needs.

BTC is not making much progress in the Defi space at the moment, it's completely ETH, there are some other blockchains that are catching up, but none of them are as good as ETH at the moment.

I'm wondering if the BCH community should have more action, such as developing more Defi applications, and if necessary, consider issuing some coins(initial Defi offering) to bring some "wealth effect".

Also, there is a need to open up the cross-chain with ETH and direct some ETH traffic over.

And it's true that cross-chain is the future trend.

There are not too many applications on BCH, and I think Defi is a good opportunity .

what`s your opinion about what we can do to improve the market impact of BCH?

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Avatar for calo
Written by
4 years ago