Smart Contracts Coming on BCH
So it seems Wormhole (WHC) has made it possible to implement the smart contracts on BCH through the OP_RETURN opcode based on the Omni Layer protocol.
Whitepaper: http://wormhole.cash/whcwhitepaper.pdf
Markets
If BCH adds smart contracts before BTC its gonna make it a pump i assume. Remember that for anon leverage trading BitMEX is the spot
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Wow! Good to hear that sounds interesting
Is Wormhole a separate coin or just an added layer on Bitcoin Cash?
Both.
So you have to buy smart contracts ?
No but for bch smart contracts kinda. There will be this Proof of burn kinda like ICO but no one gets the money instead the money gets burn.
The token will give you this:
The newly created Token requires a 1WHC hand fee. Hand handling fees will be burned directly, the total supply of WHC Give a reduction. Creating a Token requires computing resources, in order to prevent the Wormhole node from being maliciously attacked. Hit, only receive the WHC hand fee 2. Large amount of address transfer. For example, sending a Token to all addresses that have a certain Token, such an operation Need to traverse all the addresses, so you need to pay for the WHC as a hand fee 3. Smart Contract's Gas 4. Other transactional operations, or other types of operations that are identified as having a DoS risk
Shitty failed before and just creates a token unplugged from bch. Conflict on interest...
Bitcoin has better platforms ie RSK,Counterparty(2019), RGB and Omni(the thing they are forking lol)
I like RSK and RGB which are more bitcoin plugged but even more scalable at 100ktps
BCH getting ready to 🚀
Pretty cool move by bch @kingscrown
Thanxx for giving news
Posted using Partiko Android
Thanxx for giving news
Posted using Partiko Android
Highly rEsteemed!
Holy shit! I havn't really owned BCH before but I can buy it just for the pump. Would be a difficult decision though, I don't really want to touch my Bitcoin and Ethereum anymore than I have to.
But this is kind of a big deal........... decisions, decisions!