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BCH | The Missing Pieces of the Perfect Bitcoin Cash Puzzle
The crypto ecosystem is non-stop evolving and the expectations of the crypto-enthusiasts are following the changes in the sentiments. In addition to the monetary aspect of blockchain-based products, there are also services which are preferred by the crypto-lovers.
Bitcoin Cash has multiplied the number of transactions just within a year thanks to 2 amazing platforms, namely Read.Cash and Noise.cash. Thanks to both platforms, the crypto writers who are looking for places to write their posts and "snackable" posts with both platforms. So far, we could make real noise...
In addition to the blogging and micro-blogging platforms, the Bitcoin Cash blockchain has Simple Ledger Cash that serves the tokens on the blockchain. In my opinion, having tokens, which have well-organized tokenomics, is one of the vital requirements for developed blockchains. At that point, SLP is a game changer. Moreover, we can also talk about Memo.cash Tokens and their utility in memo.cash. Though the platform is not as popular as ReadCash and NoiseCash, it has distinctive dynamics and fans.
Lastly, we may open parentheses for Smart Contracts on Bitcoin Cash Blockchain. Lastly, for the developers, CashScript provides adequate technical support for the enthusiasts
Though it looks so far so good, I think there are some missing "hot" issues in crypto ecosystem.
Enter The Sphere is one of the games planned to operate on Bitcoin Cash blockchain (Check the ReadCash post by @Joey_B_Wong )
Even though the game attracted some attention, it also revealed a fact that there are some more games are required on the blockchain.
As you may know, there are successful gambling platforms based on Bitcoin Cash, we can hardly put forward that there are enough games that are on Bitcoin Cash that may bring more utility to BCH. In terms of gaming, the blockchain has necessary features but more developers are necessary to build games especially in that era. (Simon cannot do it, too 😅)
As in our lives, communication is also crucial for blockchains to advance themselves.
Since each blockchain serves different but useful operations, the collaboration ultimately affects both sides in the positive way.
The concept of inter-blockchain communication can also thrive Bitcoin Cash blockchain as in the present examples.
In 2021, crypto ecosystem gives importance to the communication between the separate blockchains.
Recently, Avalanche (AVAX) started operating the bridge between Ethereum to sign the transactions on its blockchain through communicating with Ethereum blockchain. Such features also exist in WAX, ELOS and EOS blockchains to transfer value one another.
I just wanted to highlight some points that believe essential in this term. If the aspects are already present in some projects, I could not find them out during my research.
The hyped coins,which are the native currencies of some projects, are mostly the one making use of one or more aspects that are mentioned above. From the bigger perspective, there are slight differences between the projects but when we examine them, we give credits.
Neither too late, nor impossible. The Bitcoin Cash blockchain is one of the most secure and mass-adopted blockchains of all time. While the most crucial problems are already solved by the blockchain, it's high time to evolve the operations by taking some steps.
These are my personal opinions and observations so far. If there are missing points or the points that missed, please leave a comment below to inform us 😌