The eagerly anticipated BCH upgrade went live, marking a significant leap forward for the peer-to-peer electronic cash platform. BitcoinCash
about Cashtokens on May 2, 2023, and he detailed the potential game-changing impact of Cashtokens CHIP for Bitcoin Cash. According to Dreyzehner, Cashtokens will offer censorship-resistant, low-fee digital assets that can represent physical assets and function as currencies, stablecoins, securities, and more.
Cashtokens offer a multitude of enticing benefits, such as empowering individuals to issue tokens representing a wide range of items. In addition, they bring smart contract functionality that rivals Ethereum but with an efficiency advantage of over 1,000 times in transactions and block validation. The introduction of Cashtokens also paves the way for the development of low-fee, censorship-resistant prediction markets, while contract-issued commitments and non-fungible tokens open up exciting possibilities for decentralized applications . Amid the upgrade,
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