Bitcoin Cash: the SLP Foundation is born
Bitcoin Cash: the SLP Foundation is born
Blockchain

Bitcoin Cash: the SLP Foundation is born

By Alfredo de Candia - 26 May 2020

Chevron down

Yesterday there was the announcement of the creation of the SLP Foundation, which will support the development of the SLP tokens based on the Bitcoin Cash (BCH) blockchain, using funds raised during this period.

The mission of the SLP Foundation will be to provide support, development resources and research for the scalability of the ecosystem created on Bitcoin Cash, allowing it to reach and expand in an incredible way.

Since their launch 2 years ago, SLP tokens have made great strides and their creation is very simple. Over 8,000 tokens have been created, making the Bitcoin Cash blockchain second only to the Ethereum blockchain, and several exchanges have already started to integrate them.

Moreover, these tokens can also boast a revolutionary hardware wallet, the Satochip, a sort of credit card which allows the management of both Bitcoin Cash (BCH) and the various SLP (Simple Ledger Protocol) tokens.

The members of the SLP Foundation

As far as the SLP Foundation is concerned, it is a non-profit organization and is supported by donations from its members.

Among the main board members, for the moment, there are Peter NG, Joey Wong and the former CEO of Bitcoin.com, Stefan Rust, who will work on the project until new board members are appointed.

The foundation has also set itself the goal for this year to create the SLP2020, a series of initiatives to improve the system in terms of speed, scalability, compatibility and promotion of this ecosystem in different fields such as NFTs (Non-Fungible Tokens) for games, STOs (Security Token Offering) and other financial products.

The Foundation’s announcement post concludes with a rosy and prosperous vision for both the SLPs and the Bitcoin Cash blockchain, which has enabled this type of implementation.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.