SLP Token Environment Built on Bitcoin Cash Continues to Expand
news

SLP Token Environment Built on Bitcoin Cash Continues to Expand

THELOGICALINDIAN - According to accessible abstracts a cardinal of individuals are creating tokens application the Simple Ledger Protocol SLP on the Bitcoin Cash BCH blockchain every day The SLP ecosystem is accretion and has accustomed anyone the adeptness to actualize the abutting abundant agenda badge for tomorrow

Also read: Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’

SLP Hackathon Prize Pool Grows, Crescent Cash Improvements, and Art on the Bitcoin Cash Blockchain

If you chase the BCH community, you’ve acceptable heard of the Simple Ledger Protocol (SLP) and the tokens that acquire from this system. It’s been over a year back the SLP activity launched and the badge cosmos has developed exponentially as the afar basement has matured. Now developers are hosting a committed SLP hackathon aimed at architecture out the badge ambiance alike more. Further, back we aftermost appear on the SLP Virtual Hackathon (SLPVH), we mentioned rewards that will be accustomed to the winners. Now the award-winning basin is over $7,000 acknowledgment to BCH and SLP badge donations.

Last week, BCH supporters donated bitcoin banknote and assorted tokens like spice to the award-winning basin in adjustment to accord contestants added incentives. SLPVH will be captivated for 72 hours on September 27-30 and participants are encouraged to appear up with different account like onchain voting, badge specific wallets, SLP tip bots, NFT (nonfungible token) collectibles, and onchain games. Additionally, software developer Chris Troutner appear a descriptive video on SLP badge development with accoutrement like Badger Wallet, SLP SDK, SLP SDK Documentation, and the bch-cli-wallet alpha absolution with SLP support.

“I created this video to advice contestants in the SLP hackathon,” Troutner explained. “[The video] is a walkthrough on how to set up a development environment, actualize tokens, excellent tokens, and accelerate tokens.”

This week, the developer of the opensource, non-custodial BCH wallet that uses the Cash Accounts system, Pokkst, released adaptation 1.8.1 of Crescent Cash. Similarly to Badger, Electron Cash, and Ifwallet, the Crescent Cash applicant additionally supports SLP tokens. Pokkst bigger the user interface, added Tor support, and now the wallet supports SLP badge icons. This agency SLP tokens will appearance an absorbed angel if the bill accept an figure account tethered to the design.

As news.Bitcoin.com discussed in a above-mentioned all-embracing SLP editorial, developers accept been aggravating to amount out the best methods to attach an SVG, GIF, or added types of images to tokens. People appetite to add images and custom art to nonfungible tokens and according to developer Gabriel Cardona “tokens are art.”

“There will be awful admired pieces of art and music tokenized as NFTs — All collectibles will acquisition a home as NFTs on the blockchain,” Cardona tweeted. Following the statement, Cardona shared an art token created by @brianxv15 which shows a affective GIF angel and can be viewed by anyone on the Bitcoin Cash blockchain. The token, alleged silverII, apparent in the charlatan articulation is a distinct nonfungible art badge out of 15 minted. Cardona is a huge fan of SLP tokens and refers to the trend as the “Tokambrian Explosion” on BCH and generally shares every different SLP abstraction he can acquisition on his Twitter feed. On September 19, the Bitcoin Cash programmer noted:

Sideshift’s Sai, Honestcoin Transparency Report, and Nonfungible Tokens Built on Memo

Another absorbing development in the SLP ambiance is the peer-to-peer trading belvedere Sideshift.ai’s SLP badge alleged sai. The new badge is basically like an barter rewards bread that gives “exclusive casework and privileges on Sideshift AI ecosystem.” Sia was added to the barter Coinex aftermost ages currently the badge is trading for almost $0.04 per sai. There’s a max accumulation of 210 actor sai bill and the badge has apparent $805,000 in 24-hour trading aggregate this Friday commutual adjoin bitcoin cash. Another badge that has apparent added basement abutment is the stablecoin congenital on BCH alleged honestcoin (USDH). The SLP-centric trading barter Cryptophyl afresh added USDH abutment to the belvedere and additionally appear a accuracy address for the new listing. The address outlines the accomplish Cryptophyl took to “conduct due activity on Honestnode, the aggregation abaft USDH.”

Cryptophyl calm advice on Honestnode which consisted of “blockchain badge data, advice pertaining to the acknowledged anatomy and registration(s) of the project, advice about the aggregation abaft Honestnode, KYC affidavit for bodies with cogent ascendancy over the company, KYC affidavit for aggregation executives, and copies of affairs for key bartering relationships.” The barter transparency report concluded:

The SLP trend hasn’t let up and amorous BCH supporters abide to advance tokenization to new levels. There are discussions every day apropos SLP tokens on amusing media and BCH forums. People accept additionally been creating NFTs on the memo.cash onchain microblogging platform. The aforementioned being who created the NFT art badge silverII, additionally published a two-minute affirmation video teaching admirers how to actualize NFTs application memo.cash. In the aftermost 30 days, the best acclimated SLP tokens accommodate the aliment emoji token, spice, tribeos analysis badge #3, official SLP token, beer, and the realmx badge created for the Realmx video game.

What do you anticipate about the advancing development accident with the SLP ecosystem? Let us apperceive what you anticipate about this accountable in the comments area below.

Image credits: Shutterstock, Cryptophyl, SLPVH 2019, and Twitter.

Did you apperceive that Bitcoin.com’s BCH Block Explorer can concern SLP badge transactions? Check it today to chase and acquisition Simple Ledger Protocol token’s aural the BCH network. Our Blockchain Explorer tool will acquiesce you to appearance all antecedent BCH and BTC affairs as well.