Tech 25 September 2018Erik Gibbs
Bitcoin BCH secured file storage available through Bitcoin Files Protocol
A new feature for the Bitcoin BCH network has been added this past weekend, continuing the development of the world’s leading retail-driven cryptocurrency. Developers behind the Simple Ledger Protocol (SLP) announced that they have successfully created the Bitcoin Files Protocol (BFP), which allows for small files to be uploaded to and downloaded from the Bitcoin BCH blockchain.
BFP was developed by a number of SLP programmers, including Ryan X. Charles, Mark B. Lunderberg, James Cramer, Calin Culianu, Jonald Fyookball and Bitcoin BCH programmer “Unwriter.” Cramer explained the protocol on Yours.org, saying, “The SLP developers have created a very simple protocol for uploading and downloading small files (<5kb) to the Bitcoin Cash blockchain, it is called Bitcoin Files Protocol (BFP) — Once a file is uploaded it can be simply downloaded using a single transaction ID.”
He further added, “SLP Token V1 has two fields in its Genesis transaction called `token_document_url` and `token_document_hash`. These fields to allow any additional token related data to be attached to a token — The thought was that a user could “simply” upload a file to somewhere in the cloud and provide its URL and hash.”
On-chain file storage systems are necessary because the majority of cloud storage services are not inherently resistant to censorship and are often centralized. “It turns out very few cloud storage services permit anonymous file uploads with URL for sharing with others,” he asserted.
As developers continue to work on providing real-world functionality for Bitcoin BCH, the digital currency’s advance as the leading cryptocurrency isn’t showing signs of slowing down. The Bitcoin BCH is showing itself to be the most robust, most versatile blockchain and is showing impressive innovation that will help set it apart from the rest of the digital currency alternatives.
Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.
Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.
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