RATE Group | Exploring the SLP Token Universe Built on the Bitcoin Cash Chain
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Exploring the SLP Token Universe Built on the Bitcoin Cash Chain

29 Jul Exploring the SLP Token Universe Built on the Bitcoin Cash Chain

Posted at 20:35h in Bitcoin News by

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Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly. Tokens have been issued by governments like Liberland, there’s a new SLP stablecoin backed by USD, a city-token being built for Dublin, Ohio and trading platforms like Coinex and Altilly have begun to list SLP-based tokens.

Also Read: SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens

Bitcoin Cash Tokenization Matures With the Simple Ledger Protocol

The token universe on the Bitcoin Cash blockchain is growing and since last year there’s been close to 2,700 tokens created using the Simple Ledger Protocol framework. All of the tokens created using the protocol can be queried using the SLP explorer called Simpleledger.info or a block explorer that supports the SLP type standard.

Exploring the SLP Token Universe Built on the Bitcoin Cash Chain
The Simple Ledger Protocol…

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