THELOGICALINDIAN - On Monday Bitcoin Cash BCH supporters were alien to a Simple Ledger Protocol accord alleged the SLP Foundation According to the antecedent associates the SLP Foundation has been in the works back December 2024 and the primary ambition is to advance SLP addition and standards
Meet the SLP Foundation: A Nonprofit Aimed at Fostering a Healthy Environment for SLP Growth and Innovation
A new alignment has been created alleged the SLP Foundation and it aims to bolster SLP development, growth, and accepted practices. The Simple Ledger Protocol (SLP) is an easy-to-use system that allows anyone to actualize tokens on top of the BCH chain. The new SLP Foundation will be a nonprofit accumulation and it has already been adjourned by abounding crypto proponents back the abstraction came to life.
The foundation will be overseen by three admiral including Peter NG, Joey Wong, and Bitcoin.com’s above CEO Stefan Rust. Admiral will advice the foundation abound and “assist in communications,” according to the announcement. The SLP Foundation advertisement states:
A Foundation and a Grassroots Open-Source Community
The key developers will accept the final say on SLP accountable amount and the SLP Foundation believes this is the best way forward. News.Bitcoin.com batten with Peter NG and he explained how the nonprofit envisions the foundation bolstering the SLP basement and standards.
“A foundation in a grassroots accessible antecedent association operates as a connected catchy dilemma. We accept to be acquainted of the absolute developing association initiatives because sometimes allotment deters accessible antecedent development,” Peter NG abundant during our conversation.
“With commendations to infrastructure, SLP 2024 was a no brainer, as we bare above the lath achievement improvements to accumulate up with the abrupt accelerated advance of badge usage. Future developments in basement would aboriginal charge abounding compassionate with businesses aural our industry as able-bodied as beyond. We additionally accept to be actual accurate that there is basal bent so the account is added universal.”
The SLP Foundation administrator added:
Stefan Rust said that he believes SLP is an alarming protocol. “Simplifying the tokenization on top of BCH. The foundation will abide to abutment the efforts of open-source projects acceptable the agreement fit to bazaar needs while accretion its acquaintance amid action and consumers,” Rust noted. The architect of Blockparty and a key SLP developer, JT Freeman, feels the aforementioned and believes allocation will be helpful.
“SLP is the ability of black bill on top of Bitcoin, authoritative it accessible to accept and to alpha architecture on about immediately,” Freeman said. “I’m actual blessed to see the allocation about the SLP Foundation to advice this technology grow, and as a developer, alive that the foundation will abide innovating and acknowledging SLP development makes it a safe bet to body on,” the developer conceded.
What do you anticipate about the new SLP Foundation? Let us apperceive in the comments below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, SLP Foundation, Simpleledger.cash
