PR: Token Creation Now Available on Bitcoin Cash via BITBOX – Bitmain Wormhole Partnership

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bitcoin.com launches a powerful developer framework for token creation on the Bitcoin Cash blockchain, adding a significant rival to Ethereum, just days after Bitmain announced their Wormhole protocol. Developed by Bitmain, Wormhole–an Omni Layer fork–represents the latest step in enabling crowdsales, tokenization, ICO creation, and permissionless smart contracts, all on Bitcoin Cash (BCH) and without altering BCH consensus rules. The Wormhole protocol was unveiled by the bitcoin mining giant Bitmain on August 9th at the their BCH 1-Year Anniversary event in Hong Kong. The new Wormhole SDK just published by Bitcoin.com adds an additional javascript framework, enabling every basic aspect of ERC20 functionality, including token creation, on the BCH blockchain. Blockchain developers now have an alternative to Ethereum for creating tokens and ICOs. Wormhole developers explain the software’s BCH OP_RETURN code is equivalent to the Omni Layer process, which is “the technical basis for daily distribution and circulation of USDT (Tether).” Similarly, Wormhole Cash (WHC) is a superset of BCH. Every Wormhole transaction is an on-chain BCH transaction with an OP_RETURN. The BCH community has been clamouring for token creation systems, a gap that Wormhole developers sought to close with this series of interventions. Accordingly, WHC supports the creation of three kinds of tokens: fixed,…
Source: PR: Token Creation Now Available on Bitcoin Cash via BITBOX – Bitmain Wormhole Partnership

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