Tech 28 June 2018

Dan Taylor

‘Cash’ is the new dotcom: More apps are built on Bitcoin BCH chain

Since the Bitcoin Cash (BCH) network was upgraded in May to add a host of new technical features, a number of new apps have sprung up using the resurrected OP_Codes and updated OP_Return transactions.

Developers are only beginning to explore the potential of these features, and already, the results are impressive. Apps like Blockpress and Memo.cash were created shortly after the upgrade to take advantage of the improvements, offering their users access to increased character limits and other features.

On the strength of these and other OP_Return innovations, a developer by the name of ‘Unwriter’ has come up with a further three platform extensions—Chainfeed, read.cash, and a Twitter bot called _opreturn—which integrate with platforms like Memo.cash as well as the Twitter API.

Chainfeed

With apps like Memo and Blockpress gaining early traction, the number of messages being written into the Bitcoin BCH blockchain has never been greater. Chainfeed allows for easy monitoring, allowing users a birds’ eye view of all message content being written to the blockchain in real-time.

The app’s interface gives an overview of all OP_Return transactions being posted in real-time, with filters available for Blockpress and Memo contributions. This info can then be shared from the Chainfeed interface.

Describing the platform’s functionality, the app’s developer said there are two main tabs to the UI: all and featured apps. According to its creator, “all” is the raw OP_Return feed, while “featured apps” is designed for applications like Memo.cash or Blockpress, which have their own overlay protocols. In an interview with news.bitcoin.com, the developer said: “It’s still early days so there aren’t many apps that make use of the OP_Return data transaction feature yet, but we will probably see a lot of exciting apps soon.”

read.cash

read.cash was developed as an aggregator for Bitcoin Cash-centric social media posts, allowing users to draw together posts from Memo, Blockpress, and Yours.org, giving them the chance to manage all of their tethered wallets from one interface.

Users can reload their wallets with QR codes or through the Moneybutton app, as well as being able to watch other wallets by public address.

_OPreturn

Finally, Unwriter has created _OPreturn, a Twitter bot which monitors and posts messages from collected by the Chainfeed platform API to Twitter. The bot has already been prolific, posting as many as 3,322 tweets directly from the Bitcoin BCH blockchain since it was launched. The majority of its content appears to come from Memo.cash, but Unwriter expects this to dilute over time as more services become supported.

According to the developer, the app transforms “Twitter into an application-specific Bitcoin sidechain.”

These are just the latest apps and extensions to be developed for the BCH ecosystem, with countless others known to be in development.

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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