Bad Ledger Bitcoin cash address are transparent, support fuzzy technical advantages without explaining how to reach them, and eff a community that is mostly unfocused on effort rich quick. Maybe the worst forgiving of cryptocurrencies is the MLM coins, for example, Bitconnect. We will talk more about Bitconnect In A bit. Bitcoin Cash wallet Secure your (BCH) assets. Secure your Bitcoin Cash assets with the most trusted hardware wallet. Cold storage wallets are typically encrypted devices that store users' Bitcoin Cash assets offline, providing a layer of security against the evolving threats emerging from being connected to . First, open the Ledger Wallet Chrome application on the “Bitcoin Cash Split” chain, and write down an address. Then switch to the “Bitcoin Cash” chain, and perform a transaction to this address, validating the address on the device.
Ledger bitcoin cash addressBitcoin Wallet - Secure your Bitcoin (BTC) assets | Ledger
Tokens can be traded, spent, or given to someone else. They operate in a distributed manner like most cryptocurrencies. Custom token behavior can be added using bitcoin Script programming language in novel ways. Each non fungible token in SLP can have a unique, static token identifier which is also the genesis transaction id.
All NFT tokens for a project can be issued from the same address for easy classification. If Alice wants to send Bob some tokens, she sends a minimal dust amount of BCH, and the transaction also contains the data to transfer the tokens.
You may be interested in reading the protocol specification, which is comprehendable to the average Bitcoin-minded reader. Yes, simply download the Electron Cash wallet to create new tokens.
You should carefully review all of the available protocols on Bitcoin Cash for tokens. Some may be more suited to your purpose than others. We have listed many of the benefits of SLP above. Token creators can generate a token with a 1-time issuance, thus guaranteeing a fixed supply, or alternatively, a token that has multiple issuance rounds. These rounds can continue indefinitely until the issuer decides to switch it off permanently, marking the end-of-minting capabilities for that token.
Token issuance authority can also be delegated to someone else after the token has already been created. The initial genesis minting of a token is also a Bitcoin Cash transaction. Token issuers can also specify a name for their token within the data. However, there are no reserved names. Names can be duplicated, sometimes maliciously. This is also true of ERC Therefore, users should always check the hash Id against a trusted source.
The Bitcoin protocol deals directly with smallest granular units, which are called satoshis, but amounts in wallets are often expressed in decimal format i. A similar system is used in SLP; the protocol itself deals with integer units, but some tokens are better displayed with decimals. The genesis mint of a transaction can set a decimal preference if desired. The most important thing you need to know is that you should not use a non-SLP wallet on a wallet file that has tokens on it.
For example, once you have tokens on a wallet file, only open that file with the Electron Cash SLP wallet, not the normal Electron Cash wallet. This applies not just to wallet files per se, but also wallets that you restore from seed, as they will contain a particular set of addresses and coins. Theoretically, tokens could be sent and received from any address format, but we strongly encourage wallet implementations to use SLP Addr format. This helps prevent user mistakes when transacting in either Bitcoin Cash or tokens.
The SLP protocol is simple, which makes it robust. SLP is a simple platform to keep track of anything quantifiable, sort of like a public and immutable spreadsheet on a blockchain. What could possibly be the risk of that? Using the SLP wallet software recommended on this site will prevent any accidental loss of your tokens.
Get Started with SLP. Why create Tokens with SLP? SLP has everything you need to easily issue, spend or trade your own token.
You are awesome! Thank you for taking the time to explain it to a newbie so nicely and thoroughly! I appreciate the time you have spent working with me on this. Please refer to the wallet app you sent your transaction from — there will be a transaction id you can use to look up the transaction in a blockchain explorer.
Extreme order and email volumes - Expect delays. Has your receiving address changed? Affiliates Please note: we are Affiliates of Ledger and Trezor , the two hardware wallet manufacturers we recommend. Was this article helpful? Yes No. Hope this helps, Victoria. Many thanks Cheers A. I sent bit to an old adress and i dont see the transfer and funds. Hi there, Please refer to the wallet app you sent your transaction from — there will be a transaction id you can use to look up the transaction in a blockchain explorer.