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Little Boy 2024
@littleboy2024
What Are CashTokens? CashTokens are a new set of opcodes that extend the capabilities of Bitcoin Cash to support new financial primitives in the form of fungible and non-fungible tokens. Recently, Bitcoin Cash underwent a major upgrade that introduced a new set of opcodes called CashTokens. This upgrade has extended the capabilities of Bitcoin Cash to support new financial primitives in the form of fungible and non-fungible tokens. In simpler terms, CashTokens are digital assets that can be traded on Bitcoin Cash. They were first proposed back in February 2022 via a Cash Improvement Proposal (CHIP). Besides the addition of the new token layer, several minor upgrades were also included in the mainnet upgrade. CashTokens can be used for a variety of purposes, including fundraising, rewards programs and loyalty schemes. They can also be used to represent assets such as stocks, bonds, and real estate on the Bitcoin Cash network. Benefits of CashTokens
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King๐๐ฎ๐ฉ๐ง๐ต
@king4.eth
Great explanation ๐
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