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Bitcoin Cash {BCH} gathers pace in the market as CashScript brings in the feature of task-based transfers


The @Bitcoin account on Twitter was apparently “hijacked” by BTC enthusiasts. As a result, pro-Bitcoin Cash posts were removed. Colin Talks Crypto, a popular YouTube channel covered this incident in detail. A legal threat or a breach of agreement could have played a crucial role with regards to what transpired on social media.

While BCH HODLers aren’t too happy about this, few maximalists have expressed their joy.

Rosco Kalis and Gabriel Cardona are currently involved in developing CashScript, a brand-new advanced programming language for the BCH protocol. Decentralized and transactions centered on specific decisions will soon be made possible. The usage of Spedn, the Simple Ledger Protocol as well as Cashshuffle have contributed to improving the flexibility of the network.

According to Cardona, Bitcoin Cash is better than Bitcoin when someone considers HODLing and fast transactions. Roger Ver shares a similar viewpoint, which has been enunciated by his dislike towards the king coin.

Gabriel tweeted a day ago proclaiming that “Non-Custodial Financial Services” will revolutionize the industry. Trustless Oracles being employed is a clear highlight of CashScript.

Bitcoin Cash is ranked at #4 below XRP [which is operated by Ripple] but above Litecoin in the market. The price climbed at a rate of 1.92% in the course of the past 24-hours. The trading volume recorded is $1.342 billion, while the supply has 17,967,738 BCH coins in play. At present, the total market cap of Bitcoin Cash is $5.619 billion. As of this moment, BCH is priced at $312.77.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.