Jason Dreyzehner
70 KiB
Stakeholder Responses & Statements
Table of Contents
The goal of the Cash Improvement Proposal (CHIP) process is to coordinate upgrades to Bitcoin Cash without a central authority by developing proposals in a collaborative, public process.
CHIP maintainers are expected to actively seek out stakeholders and demonstrate widespread ecosystem approval.
This includes approval from nodes, wallets, and other open source software projects, educational institutions and community initiatives, and industry actors like exchanges, miners, services, and other businesses.
Stakeholder Responses
The CHIP maintainer has contacted the following stakeholders for approval of this specification. Public records are kept of stakeholder responses to the following standard request:
Standard Approval Request Template
Subject: Nov 14 deadline: CashTokens in 2023 BCH upgrade
Hello,
This is a formal request for approval from {{Organization}} regarding the May 2023 upgrade of Bitcoin Cash (BCH).
CHIP-2022-02-CashTokens has achieved the Cash Improvement Proposal (CHIP) milestones required to be locked in on November 15, 2022 and activated on May 15, 2023.
Support for the CashTokens upgrade is available in the following open-source software:
- Nodes: Bitcoin Cash Node (BCHN), Bitcoin Verde
- Indexers: Chaingraph, Fulcrum
- Project & Libraries: Bitauth IDE, Electron Cash, Libauth.
The CHIP contributors believe {{Organization}} is an important stakeholder in the Bitcoin Cash ecosystem. Please respond to the following question by 12:00 UTC on November 14, 2022. Non-responses will be considered "Abstain (Neutral)".
Does {{Organization}} approve of activating CHIP-2022-02-CashTokens in the May 2023 Upgrade to Bitcoin Cash (BCH)?
- Yes (Approve)
- No (Disapprove), or
- Abstain (Neutral)
To make a public statement explaining this decision, please provide it here (required for disapproval):
For reference:
Please let me know if you have any questions.
Thank you,
Jason Dreyzehner
CashTokens CHIP Maintainer
Responses to this standard communication are recorded for all organizations that have been contacted. If an organization has not yet rendered an opinion, their response is marked as Pending. Stakeholders may update their response by either contacting the CHIP Maintainer or directly submitting a pull request.
Nodes
Responses from open source node implementations that support Bitcoin Cash.
| Node | As of Version | Approve | Disapprove | Neutral | Pending |
|---|---|---|---|---|---|
| BCHD | v2.2.0 |
➖ | |||
| Bitcoin Cash Node | v2.2.0 |
✅ | |||
| Bitcoin Unlimited | v2.2.0 |
✅ | |||
| Bitcoin Verde | v2.2.0 |
✅ | |||
| Flowee | v2.2.0 |
✅ | |||
| Knuth | v2.2.0 |
✅ |
Wallets
Responses from wallets that support Bitcoin Cash.
| Wallet | As of Version | Approve | Disapprove | Neutral | Pending |
|---|---|---|---|---|---|
| Atomic Wallet | v2.2.0 |
➖ | |||
bchwallet |
v2.2.0 |
➖ | |||
| Bitcoin.com Wallet | v2.2.0 |
➖ | |||
| BitPay Wallet | v2.2.0 |
➖ | |||
| Bitpie | v2.2.0 |
➖ | |||
| BlockParty Wallet | v2.2.0 |
➖ | |||
| BRD | v2.2.0 |
➖ | |||
| CashAddress.org | v2.2.0 |
➖ | |||
| Cashual Wallet | v2.2.0 |
✅ | |||
| Cake Wallet | v2.2.0 |
➖ | |||
| Coinbase Wallet | v2.2.0 |
➖ | |||
| Coin Wallet | v2.2.0 |
➖ | |||
| Coinomi | v2.2.0 |
➖ | |||
| Cwallet | v2.2.0 |
➖ | |||
| Edge | v2.2.0 |
➖ | |||
| Electron Cash | v2.2.0 |
✅ | |||
| Exodus | v2.2.0 |
➖ | |||
| Flowee Pay | v2.2.0 |
✅ | |||
| Guarda | v2.2.0 |
✅ | |||
| imToken | v2.2.0 |
➖ | |||
| Jaxx Liberty | v2.2.0 |
➖ | |||
| KeepKey | v2.2.0 |
➖ | |||
| Ledger | v2.2.0 |
➖ | |||
| Lumi | v2.2.0 |
➖ | |||
| Melis | v2.2.0 |
✅ | |||
| Metamask | v2.2.0 |
➖ | |||
| Mobi | v2.2.0 |
➖ | |||
| Neutrino | v2.2.0 |
➖ | |||
| Payperless | v2.2.0 |
➖ | |||
| Paytaca Wallet | v2.2.0 |
✅ | |||
| Satochip | v2.2.0 |
➖ | |||
| SimpleHold | v2.2.0 |
➖ | |||
| Stack Wallet | v2.2.0 |
➖ | |||
| StrongCoin | v2.2.0 |
➖ | |||
| Trezor | v2.2.0 |
➖ | |||
| Trust Wallet | v2.2.0 |
➖ | |||
| Trustee | v2.2.0 |
➖ | |||
| Unstoppable Wallet | v2.2.0 |
➖ | |||
| Verde Wallet | v2.2.0 |
✅ | |||
| ViaWallet | v2.2.0 |
➖ | |||
| West Wallet | v2.2.0 |
➖ | |||
| WH Cypher | v2.2.0 |
➖ | |||
| Zapit | v2.2.0 |
✅ |
Projects
Responses from open source libraries, indexers, educational resources, and community initiatives.
Industry
Responses from exchanges, miners, services, and other businesses.
| Organization | As of Version | Approve | Disapprove | Neutral | Pending |
|---|---|---|---|---|---|
| 1BCH.com | v2.2.0 |
✅ | |||
| 365 Cash | v2.2.0 |
➖ | |||
| Alagoria | v2.2.0 |
➖ | |||
| Alfacoins | v2.2.0 |
➖ | |||
| Alfatop | v2.2.0 |
➖ | |||
| Antpool | v2.2.0 |
✅ | |||
| Anyonecanpay.me | v2.2.0 |
✅ | |||
| Anypay | v2.2.0 |
➖ | |||
| ArzPaya | v2.2.0 |
➖ | |||
| AscendEX | v2.2.0 |
➖ | |||
| AtomicDEX | v2.2.0 |
➖ | |||
| B2BX | v2.2.0 |
➖ | |||
| B2BinPay | v2.2.0 |
➖ | |||
| BCH BULL | v2.2.0 |
✅ | |||
| BCH.games | v2.2.0 |
➖ | |||
| bch.domains | v2.2.0 |
✅ | |||
| BenSwap | v2.2.0 |
➖ | |||
| BestRate | v2.2.0 |
➖ | |||
| Binance | v2.2.0 |
➖ | |||
| BiggestLab.io | v2.2.0 |
✅ | |||
| Bit.com | v2.2.0 |
➖ | |||
| Bitauth.com | v2.2.0 |
✅ | |||
| Bitcoin.com | v2.2.0 |
➖ | |||
| Bitcoin.de | v2.2.0 |
➖ | |||
| BitcoinVN | v2.2.0 |
✅ | |||
| Bitdeer | v2.2.0 |
➖ | |||
| Bitexen | v2.2.0 |
➖ | |||
| BitFlyer | v2.2.0 |
➖ | |||
| Bitfinex | v2.2.0 |
➖ | |||
| BitGlobal | v2.2.0 |
➖ | |||
| Bithumb | v2.2.0 |
➖ | |||
| BitMEX | v2.2.0 |
➖ | |||
| Bitpanda | v2.2.0 |
➖ | |||
| BitPay | v2.2.0 |
➖ | |||
| Bitso | v2.2.0 |
➖ | |||
| Bitstamp | v2.2.0 |
➖ | |||
| Bittrex | v2.2.0 |
➖ | |||
| Bitvavo | v2.2.0 |
➖ | |||
| BitYard | v2.2.0 |
➖ | |||
| BKEX | v2.2.0 |
➖ | |||
| Blockchain Poker | v2.2.0 |
➖ | |||
| Blockchain.com | v2.2.0 |
➖ | |||
| Blockchair | v2.2.0 |
➖ | |||
| BlockNG | v2.2.0 |
➖ | |||
| Blockonomics | v2.2.0 |
➖ | |||
| BTC.com | v2.2.0 |
➖ | |||
| BTCBOX | v2.2.0 |
➖ | |||
| BTCPOP | v2.2.0 |
➖ | |||
| Buy Hodl Sell | v2.2.0 |
➖ | |||
| Buda.com | v2.2.0 |
➖ | |||
| Bybit | v2.2.0 |
➖ | |||
| Centre | v2.2.0 |
➖ | |||
| CEX.IO | v2.2.0 |
➖ | |||
| Chaintip | v2.2.0 |
➖ | |||
| Changelly | v2.2.0 |
➖ | |||
| ChangeNOW | v2.2.0 |
➖ | |||
| CheapAir | v2.2.0 |
➖ | |||
| CheckBook.cash | v2.2.0 |
➖ | |||
| Circle | v2.2.0 |
➖ | |||
| Clementine's Nightmare | v2.2.0 |
➖ | |||
| Coin ATM Radar | v2.2.0 |
➖ | |||
| Coin Dance | v2.2.0 |
➖ | |||
| Coinbase | v2.2.0 |
➖ | |||
| Coinbooth | v2.2.0 |
✅ | |||
| CoinCarp | v2.2.0 |
➖ | |||
| CoinChange | v2.2.0 |
➖ | |||
| Coincheck | v2.2.0 |
➖ | |||
| CoinCodex | v2.2.0 |
➖ | |||
| CoinCola | v2.2.0 |
➖ | |||
| CoinEx | v2.2.0 |
➖ | |||
| CoinFalcon | v2.2.0 |
➖ | |||
| CoinGate | v2.2.0 |
➖ | |||
| CoinGecko | v2.2.0 |
➖ | |||
| CoinGigs | v2.2.0 |
➖ | |||
| Coinify | v2.2.0 |
➖ | |||
| CoinLedger | v2.2.0 |
➖ | |||
| CoinLoan | v2.2.0 |
➖ | |||
| Coinone | v2.2.0 |
➖ | |||
| CoinPayments | v2.2.0 |
➖ | |||
| Coinrabbit | v2.2.0 |
➖ | |||
| CoinRemitter | v2.2.0 |
➖ | |||
| CoinSalad | v2.2.0 |
➖ | |||
| CoinStats | v2.2.0 |
➖ | |||
| CoinSwitch | v2.2.0 |
➖ | |||
| CoinTracker | v2.2.0 |
➖ | |||
| CoinTracking | v2.2.0 |
➖ | |||
| Crex24 | v2.2.0 |
➖ | |||
| Crypto.com | v2.2.0 |
➖ | |||
| CryptoCompare | v2.2.0 |
➖ | |||
| CryptoKnights.games | v2.2.0 |
✅ | |||
| CryptoTaxCalculator | v2.2.0 |
➖ | |||
| CryptoWoo | v2.2.0 |
➖ | |||
| Detoken | v2.2.0 |
➖ | |||
| Digital Currency Group | v2.2.0 |
➖ | |||
| eGifter | v2.2.0 |
➖ | |||
| eToro | v2.2.0 |
➖ | |||
| EmberSwap | v2.2.0 |
➖ | |||
| Enter the Sphere | v2.2.0 |
➖ | |||
| EXMO | v2.2.0 |
➖ | |||
| F2Pool | v2.2.0 |
➖ | |||
| FTX | v2.2.0 |
➖ | |||
| Foundry | v2.2.0 |
➖ | |||
| FullStack.Cash | v2.2.0 |
✅ | |||
| Gate.io | v2.2.0 |
➖ | |||
| Gemini | v2.2.0 |
➖ | |||
| General Protocols | v2.2.0 |
✅ | |||
| Genesis Block | v2.2.0 |
➖ | |||
| Genesis Trading | v2.2.0 |
➖ | |||
| Goblins.cash | v2.2.0 |
➖ | |||
| GoCrypto | v2.2.0 |
➖ | |||
| GoUrl.io | v2.2.0 |
➖ | |||
| Grayscale Investments | v2.2.0 |
➖ | |||
| HereBets.com | v2.2.0 |
✅ | |||
| HitBTC | v2.2.0 |
➖ | |||
| Hop.cash | v2.2.0 |
✅ | |||
| Honk World | v2.2.0 |
➖ | |||
| HQ Digital | v2.2.0 |
➖ | |||
| Huobi | v2.2.0 |
➖ | |||
| Independent Reserve | v2.2.0 |
➖ | |||
| Indodax | v2.2.0 |
➖ | |||
| Joystick.club | v2.2.0 |
➖ | |||
| Juungle | v2.2.0 |
➖ | |||
| Karsha Exchange | v2.2.0 |
➖ | |||
| Keys4Coins | v2.2.0 |
➖ | |||
| Koinly | v2.2.0 |
➖ | |||
| Korbit | v2.2.0 |
➖ | |||
| Kraken | v2.2.0 |
➖ | |||
| KuCoin | v2.2.0 |
➖ | |||
| Launchpad IP | v2.2.0 |
➖ | |||
| Lazyfox.io | v2.2.0 |
➖ | |||
| LBank | v2.2.0 |
➖ | |||
| LetsExchange | v2.2.0 |
➖ | |||
| Liquid | v2.2.0 |
➖ | |||
| Living Room of Satoshi | v2.2.0 |
➖ | |||
| LocalCryptos | v2.2.0 |
➖ | |||
| Luno | v2.2.0 |
➖ | |||
| MarketCap.cash | v2.2.0 |
➖ | |||
| Matrixport | v2.2.0 |
➖ | |||
| Memo Technology, Inc. | v2.2.0 |
❌ | |||
| Member.cash | v2.2.0 |
➖ | |||
| Menufy | v2.2.0 |
➖ | |||
| Mercuryo | v2.2.0 |
➖ | |||
| MEXC | v2.2.0 |
➖ | |||
| Mining-Dutch | v2.2.0 |
➖ | |||
| MistSwap | v2.2.0 |
✅ | |||
| MoonPay | v2.2.0 |
➖ | |||
| Mullvad VPN | v2.2.0 |
➖ | |||
| N.exchange | v2.2.0 |
➖ | |||
| Namecheap | v2.2.0 |
➖ | |||
| Netcoins | v2.2.0 |
➖ | |||
| Nexo | v2.2.0 |
➖ | |||
| NFTRarity.cash | v2.2.0 |
➖ | |||
| Noise.app | v2.2.0 |
✅ | |||
| Noise.cash | v2.2.0 |
✅ | |||
| NowPayments | v2.2.0 |
➖ | |||
| Oasis | v2.2.0 |
➖ | |||
| OKX | v2.2.0 |
➖ | |||
| Overbit | v2.2.0 |
➖ | |||
| Ownrare.art | v2.2.0 |
➖ | |||
| Pagcripto | v2.2.0 |
➖ | |||
| Panmoni | v2.2.0 |
➖ | |||
| Phemex | v2.2.0 |
➖ | |||
| Plisio | v2.2.0 |
➖ | |||
| Poolin | v2.2.0 |
➖ | |||
| Poloniex | v2.2.0 |
➖ | |||
| Pompler | v2.2.0 |
➖ | |||
| PrimeXBT | v2.2.0 |
➖ | |||
| Prompt.Cash | v2.2.0 |
➖ | |||
| ProBit | v2.2.0 |
➖ | |||
| Prohashing | v2.2.0 |
➖ | |||
| Publish0x | v2.2.0 |
➖ | |||
| Purse | v2.2.0 |
➖ | |||
| Read.cash | v2.2.0 |
✅ | |||
| Revoke | v2.2.0 |
✅ | |||
| Rocketr | v2.2.0 |
➖ | |||
| SatoshiDice | v2.2.0 |
➖ | |||
| Satoshi's Angels | v2.2.0 |
✅ | |||
| SBICrypto Pool | v2.2.0 |
➖ | |||
| ShapeShift | v2.2.0 |
➖ | |||
| SideShift.ai | v2.2.0 |
➖ | |||
| Sigmapool | v2.2.0 |
➖ | |||
| SimpleFX | v2.2.0 |
➖ | |||
| SimpleSwap | v2.2.0 |
➖ | |||
| SmartSwap | v2.2.0 |
➖ | |||
| SolomonPierce | v2.2.0 |
➖ | |||
| Sonar | v2.2.0 |
➖ | |||
| SouthXChange | v2.2.0 |
➖ | |||
| Spice Token | v2.2.0 |
✅ | |||
| SpiderPool | v2.2.0 |
➖ | |||
| Stake | v2.2.0 |
➖ | |||
| StealthEX | v2.2.0 |
➖ | |||
| Swapin | v2.2.0 |
➖ | |||
| SwapSpace | v2.2.0 |
➖ | |||
| SwapSwop | v2.2.0 |
➖ | |||
| Swapzone | v2.2.0 |
➖ | |||
| Sweet | v2.2.0 |
➖ | |||
| Switchere | v2.2.0 |
➖ | |||
| TANGOswap | v2.2.0 |
➖ | |||
| Tether | v2.2.0 |
➖ | |||
| THORSwap | v2.2.0 |
➖ | |||
| The Giving Block | v2.2.0 |
➖ | |||
| The Real Bitcoin Club | v2.2.0 |
➖ | |||
| The Rock Trading | v2.2.0 |
➖ | |||
| Trastra | v2.2.0 |
➖ | |||
| Travala | v2.2.0 |
➖ | |||
| TxStreet | v2.2.0 |
➖ | |||
| Unbanked | v2.2.0 |
➖ | |||
| Uphold | v2.2.0 |
➖ | |||
| Uptick | v2.2.0 |
➖ | |||
| Verse | v2.2.0 |
➖ | |||
| ViaBTC | v2.2.0 |
➖ | |||
| Visionati | v2.2.0 |
➖ | |||
| WebMoney | v2.2.0 |
➖ | |||
| WhalesHeaven | v2.2.0 |
➖ | |||
| WhiteBIT | v2.2.0 |
➖ | |||
| WOO | v2.2.0 |
➖ | |||
| Youhodler | v2.2.0 |
➖ | |||
| Zabo | v2.2.0 |
➖ | |||
| Zaif | v2.2.0 |
➖ |
Statements
The following public statements have been submitted in response to this CHIP.
Approve
The following articles have been published in support of this CHIP:
- Bitauth.com (October 21, 2022): "Bitcoin Cash Upgrade 2023"
- Flowee (November 4, 2022): "Completing Bitcoin Cash with Cash Tokens"
- Bitcoin Cash Podcast (November 4, 2022): "CHIP Endorsement May 2023"
- General Protocols (November 6, 2022): "General Protocols Statement on CashTokens and P2SH32 CHIP Proposals for the May 2023 BCH Upgrade"
- mainnet.cash (November 9, 2022): "Mainnet.cash supports CHIP-2022-02-CashTokens"
- Bitcoin Cash Node (November 10, 2022): "BCHN Statement on CHIPs for May 2023"
The following statements have been submitted in support of this CHIP.
Beyond simply being able to represent other assets on Bitcoin Cash, CashTokens also enable decentralized applications on Bitcoin Cash comparable to Ethereum (ETH) contract functionality, while retaining Bitcoin Cash's >1000x efficiency advantage in transaction and block validation.
—Jason Dreyzehner, Chaingraph, Libauth, Bitauth IDE
Support for tokens has been a frequent request by members of the BCH community. However, this CashTokens CHIP is a lot more than that. Not only do these primitives give BCH the capability to have traditional tokens akin to those found on other chains, it also gives BCH incredibly powerful smart-contract capabilities comparable to those available in EVM. And best of all, it does it at effectively zero-cost to scaling and in a way that aligns naturally with BCH's UTXO model. In my opinion, this is the elegant, groundbreaking, approach that many of us have been waiting for and, thus, this CHIP has my full endorsement.
—Jim Hamill, CashTags, Developers.Cash, ScanToPay.cash
I believe CashTokens is a much needed addition to the BCH consensus rules that will be very lightweight and low cost (as in zero cost) for anybody not interesting in using it. However, for those interested in using it, it unlocks a whole slew of usecases and makes BCH much more than just cash – but brings along programmable money and miner-validated tokens. We need such features in BCH to compete with other coins. BCH is already very fast and scalable, and if it also has utxo-based tokens and better smart contracts, there is no reason for us not to get to the moon and beyond!
—Calin Culianu, Bitcoin Cash Node, Fulcrum, Electron Cash
Approved! This CHIP adds valuable and powerful capabilities to Bitcoin Cash. I am particularly pleased that it does so efficiently and without at all harming the monetary properties of the coin.
—Andrew#128, Bitcoin Cash Node, Electron Cash
The idea of UTXO tokens on Bitcoin is as old as
OP_CHECKCOLORVERIFYcirca 2013 so this concludes almost a decade long process! As someone who spent more than a year trying to move "Group Tokenization" forward, I am thrilled with how it has evolved and converged to a really elegant technical solution designed to perfectly integrate with the existing Script VM. CashTokens will unlock so much power for application builders, and all that at no expense to existing users or scalability! I fully support this proposal!—bitcoincashautist, CHIP-2021-02 Unforgeable Groups Owner
CashTokens will be a great addition to BCH. Not only because it adds real, miner-validated tokens to the ecosystem, but because its design makes it possible for transaction script designers to create complex contracts in fewer bytes. This in turn means even more room for innovation, and possibilities that don't exist anywhere else.
—Andrew Groot, Bitcoin Verde
The Cashtokens CHIP is the thing that makes me the most optimistic about BCH long term by far. It perfectly builds upon previous smart contract upgrades and really sets BCH apart from other blockchains. Excited for the possibilities this enables!
—Mathieu Geukens, bestbchwallets.com
I support the CashTokens CHIP for lock-in. I'm excited to use these features in flipstarter.me and other projects for better user experience, decentralization, and censorship-resistance — in a way that actually scales.
—Sahid Miller, Flipstarter.me, Anyonecanpay.me
I believe that CashTokens CHIP is a very important upgrade for BCH. SLP was one reason I favored BCH when I had to chose between coins years ago. I think CashTokens are the solution to fix SLP issues like token burn, indexers and many other.
—𝖆𝖐𝖆-𝖉, tbch.googol.cash
I fully support the deployment of CashTokens on Bitcoin Cash mainnet.
Cash tokens is possibly the longest researched project with several teams starting and abandoning the project. In Bitcoin Cash the first paper was published in 2017. It was called op-group. I've been involved with all of the revisions in one way or another and for me the latest CHIP is "good enough". Which means that in my opinion it can be used to elevate the chain to allow many more usecases and we can depend on it being maintainable and usable for many years to come. [...]
—Tom Zander, Flowee, Flowee Pay, Flowee Products
The Bitcoin Cash Podcast wholeheartedly supports the November lock-in and May implementation [...]
—Jeremy Ellingham, Bitcoin Cash Podcast
The demise of SLP has cost the BCH community a great deal but demonstrated a need for on-chain safe tokens and enhanced expressiveness while staying within the original goals of BitcoinCash. CashTokens has exceeded the expectations and is exactly what is needed to bring BCH back to the right balance between safety, scalability, and expressiveness. This is the most important improvement to the BCH VM ever.
—Benjamin Scherrey, ActorForth, BCH DevSuite, BiggestLab.io, CHIP-2021-03 Multiple OP_RETURN, CryptoKnights.games
This proposal makes two novel contributions to Bitcoin Cash. First, it elucidates that fungible and non-fungible tokens should be cryptocurrency primitives rather than applications. And second, it shows how these primitives can be introduced with a minimally disputive change to the protocol. The implications are nothing less than revolutionary. Stablecoins, prediction markets and other applications will be able to operate with the high throughput and low cost that Bitcoin Cash has already demonstrated. If Bitcoin Cash is to become world money then we must adopt this CHIP.
—Richard Brady, Coinbooth
Due to the proposal's name, it was widely expected to be a straightforward "consensus tokenization" proposal for BCH, comparable to colored coins and SLP protocols that came before it. CashTokens, however, is designed with UTXO smart contract interactions as a priority, and it should be viewed as powerful, message-carrying general computing "tokens" instead of limited-function tradable asset-carriers. At General Protocols, we believe we are in a position to take full advantage of the proposal once it is activated. [..]
Tokens are inevitable part of experimentation process on blockchains and they enable a lot of innovation by creating a financial incentive to entrepreneurs. And since we can do it much more effectively and cheaper than on other chains, I say we should do it! I don't fully understand the technical details of the proposal, but I trust the people behind it. These people are way smarter than me and I trust they'll do their jobs well.
—Simon, Read.cash, Noise.cash, Noise.app
Yes I definitely support CashTokens. Thanks for asking.
—p0oker, Signup
Yes, BitcartCC approves the CashTokens upgrade and will definitely support it after relevant upgrades and work with Electron Cash maintainers. That's an amazing proposal!
—Alexey, BitcartCC
As Bitcoin Cash supporters, we approve this CHIP and the development of CashTokens.
We fully support the CHIP-2022-02-CashTokens to be activated in the upcoming upgrade and we are excited to enable support for CashTokens within the Zapit wallet along with all of its use cases. Looking forward to enabling all our current features and services provided to tokens for the new token format as well.
—Romit Goswami, Zapit
We APPROVE. Thanks for your work!
CashTokens is a culmination of years of experimentation on tokenization in Bitcoin and Bitcoin Cash blockchains. By implementing this as a contract-issued commitment, it has provided developers with a way, not only to issue tokens, but also to build advanced decentralized applications. Peer-to-peer cash will become more programmable than ever. As one of the prominent developers of user-facing applications in Bitcoin Cash, we are very much excited by the possibilities this upgrade can enable. Thus, we fully support the deployment of CashTokens for May 2023 upgrade. [...]
—Joemar Taganna, Paytaca, Spice Token
One Surgery remains committed to developing tools for the global surgery community, bringing surgical care solutions to everyone in the world. We believe #BitcoinCash, and the potential of on-chain tokenization (through #CashTokens innovation), will give One.Surgery greater flexibility in creating non-custodial cryptocurrency solutions to empower advocacy, research and education efforts to our global surgery community. [...]
—Saqib Noor, One.Surgery
Antpool approves activation of CHIP-2022-02-CashTokens when upgrading to Bitcoin Cash (BCH) in May 2023.
The CashTokens and P2SH32 CHIP Proposals for the May 2023 BCH Upgrade are AWESOME!
In the past years we've seen that BCH is capable of DeFi, but enabling native tokens can bring about the next wave of DeFi innovation.
—Rosco Kalis, CashScript, Revoke
Bitcoin Cash is designed to be the future of finance, and CashTokens is the obvious toolkit that enables that future on the highly efficient and scalable UTXO system. CashTokens has my full support, and hope it gets implemented into the May ‘23 upgrade, where all BCH wallets support it to allow the system to flourish and harness real economic activity and growth.
—Elliot (Fiendish Crypto), Bitcoin Cash Podcast
I support the CashTokens proposal as a well considered, long awaited and important addition to the Bitcoin Cash protocol feature set. [...]
The upcoming update sounds exciting and we for sure are approving the CHIP-2022-02-CashTokens.
As a project, we would like to formally declare our support for the following CHIPs [...]
As
bch-rpc-explorermaintainer I'd like to say that I will add the necessary features to the explorer to display tokens implemented via CashTokens ver. 2.2.0
Our team is excited about the CashTokens and BCMR and endorses the idea of L1 naming system on BCH.
The amount of thought and care that has been put into the CashTokens proposal is nothing short of awe-inspiring. I fully endorse and approve this upgrade, and am excited to build new products and services on top of it!
SLP showed that there was high demand for tokens in the BCH ecosystem. Flaws in SLP such as indexing and accidental token burn made it a victim of its own success. The careful design of CashTokens avoids these problems and enables even more functionality. bchmempool supports the CashTokens CHIP.Signature
Signed by plowsof and Rucknium:
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256 SLP showed that there was high demand for tokens in the BCH ecosystem. Flaws in SLP such as indexing and accidental token burn made it a victim of its own success. The careful design of CashTokens avoids these problems and enables even more functionality. bchmempool supports the CashTokens CHIP. -----BEGIN PGP SIGNATURE----- iI0EARMIADUWIQTci88MUIPyAweCgD5OipEtQO0FLAUCY21ZHhcccGxvd3NvZkBw cm90b25tYWlsLmNvbQAKCRBOipEtQO0FLPJNAQDJhMU0i9nLOUQ2S3cHia1VzIw8 BJkUPbFQ80D9l45FWwD/clvbiH37qgRXk2zjgYdYrH+eNZ8Kkb3KPL/o0ng2Ga4= =RvR3 -----END PGP SIGNATURE----- -----BEGIN PGP SIGNATURE----- iQJMBAEBCgA2FiEEXV4Iojid8iWr0HgbKR4MIp1jFpcFAmNs58AYHHJ1Y2tuaXVt QHByb3Rvbm1haWwuY29tAAoJECkeDCKdYxaXzUkP+gO+hPG9THUHn+h4/HTHPvv5 OCOhX0y8SYj+Xawrr+krhsacV8uvJtaucZEpuMJmqAMrhcGFeuydVm+FuYJZVR7W /HVAmP3Czz5oTZurPkdLTMW103hCPqm8+Hpp6gNH/PUtWa9DsUs0aJJG0lnhPVU+ mCjdBRmOlEVeqD1uhWXgseLYzoRsf0aHlR+L6uYC5VpLrJtu8+2TR5RCsUWHzayX kOJ34Z8HsfZjXdaYwi+BZa8MZs3+/pznxM6SFDy3oXwzB3iidb2A62tc3+RQIj0T R5d06iT/ID8fHAmXCJ2P6Vd9VSb/AQcUw6SXYOcWTcYomAiPMQBu/OKySM5HLygJ HxapWL2VZ0i1y7gc/shrnNoYa+6kA0Cw7YuGu+sFDZggdpWnE+uaNdiyGZdMKlbh ocPtHQuejSTKwXg3DbXmwUxaOAESPEmW4J97sAiVRER/PqvAmomQ+IVL+jQLujwJ Z9cj9nhdNgKaRkEkw+cite6YGku12ddz5IsQ++3l49Mp9kyCR3ivVlJXPYFkHixS r3MsIYLSsKMelYeNgsL1H8FQ8zqoYdRFEh0aG6bTZ5cp0P51kVmYbjM9qqaKv9Wn ro2jEdTQySTwH7d7W49UdslERX9aLsufGBJi0IXK4/6yCzGF7CzD3eHEf7FrSiGj G43JXpWrL2eNJmqQxnOH =vvhb -----END PGP SIGNATURE-----
I support and look forward to building new products on top of the CashTokens upgrade.
—dagurval, BU, BCHN, Rostrum, Flipstarter
rbch supports the CashTokens CHIP. Parsing and statistical analysis of CashToken data should eventually be possible with rbch.Signature
Signed by Rucknium:
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 rbch supports the CashTokens CHIP. Parsing and statistical analysis of CashToken data should eventually be possible with rbch. -----BEGIN PGP SIGNATURE----- iQJMBAEBCgA2FiEEXV4Iojid8iWr0HgbKR4MIp1jFpcFAmNuOUAYHHJ1Y2tuaXVt QHByb3Rvbm1haWwuY29tAAoJECkeDCKdYxaX7g4QAJhdYoXG3O524y+jQQECK9el uA1tjn3pNILE1liDXDisVfe72YkPVidCWQx0m6IkV0nRkSEnr/51pVj7lNJM4KqQ 1WKFl8U8RdDtdQP/43EeMFzV0a2Q4SAyAXFkKl3Lawul9t5fmhqqfqBHYB5Y+/Qs DCn0rfn0qdQvH3uYZ7hbVslzYH+SUlYXjumvl2jkl2HEpg5TFIw70qyhOH2fWKRn djGvPwS1QeGAZI23yLx7L47VpNl7WNtuLwpRog3oKJK6xrFjuxPSuWZoCBXAzuvF rj6B4h7ENPo5q9c562Ca8zfPu1yo4soHI4LFG7m8NE9r1XElERLGgxgx/J6707I3 rpJtd6l9uXcXBh3kWR7hmotcN5w36L+Q/QbEh7jpom72B7An1VYgGr+iOwqLgEwo Ud1nSgX9ky8pDplCZlRdYamnLmrGUiZMUgRBKd98bQ3Ui7VFVrrYR3Uct87CPtD6 VrbFQEmDYbH4NIu5OYQqM3L1pKHV4hZVTRGJXkita6kjm16yShBVYkwXS3VAp8ff B+xb/0GlpJ+MfeP+ZtDNeQnGgkYgKzXSLX4745+nn5v1ZcU6V2qRyYAami7YYc9c xcaKSAM49dcIHYMCg4y6laP+7xxvTtrbbx3OkxYJokhyq/2wjabJ7YiCaOIpsx5y dIXB37wfQ4lveIm2U0xi =F+lz -----END PGP SIGNATURE-----—rbch
MistSwap is very excited by the potential decentralized applications and economic innovation enabled by CashTokens. We appreciate the great work led by Jason and everyone else who has contributed to building, experimenting, and engineering the token standards along this long path to today: thank you!
—Kasumi, MistSwap
With CashTokens, new ways of managing identity are now available and could be the basis for a new iteration of the CashAccounts protocol.
CashTokens look like an interesting proposal and might allow for seamless transferability of authentication when used with the CashID protocol.
Tokenization is an important technology that is currently underused in the Bitcoin Cash ecosystem. I have been using tokens since the CounterParty protocol, and I am looking forward to using the tools and services that will be built on CashTokens.
CashTokens, by virtue of their interactions with lockscripts allows for new and interesting usecases and might be the missing piece allowing proper monetization of information.
We at Buy Hodl Sell support the CashTokens CHIP proposal for the May 2023 BCH upgrade. We are continually impressed by the constant progress of the Bitcoin Cash network and are excited for the many economic use-cases and innovations that native tokens on the BCH chain enable. This is a great step for both Bitcoin Cash and decentralised blockchains as a whole.
—Peter Zenger, Buy Hodl Sell
Disapprove
The following statements have been submitted from organizations that disapprove of this CHIP.
Thanks for reaching out to me for input. I replied to you about this back in February: https://twitter.com/jasonchavannes/status/1496508571642695680. I also wrote a blog post in 2018 about why Layer 2 tokens are better than Layer 1: https://jasonc.me/blog/layer-2-tokens-bitcoin-cash. My stance remains the same. I Disapprove, I think BCH already supports tokens in a better way. Cramming too much into Layer 1 is why Ethereum can't scale.
—Jason Chavannes, Memo Technology, Inc.
Maintainer Response: This statement does not appear to examine the contents of the CashTokens CHIP. 1) Existing, "Layer 2" tokens cannot support contract use cases without trusted counterparties; this introduces middlemen, harms censorship-resistance, and prevents deployment of many decentralized applications on Bitcoin Cash – see CashTokens: Motivation. 2) CashToken validation is stateless, so Bitcoin Cash will remain thousands of times more scalable than "global state" systems like Ethereum – see CashTokens: Benefits.
Neutral
The following statements have been submitted from organizations that abstained from approving this CHIP.
The CashTokens CHIP broadens the capabilities of the Bitcoin Cash blockchain for users and application developers. CashTokens will likely have a neutral effect on fungibility and privacy for current and future users who use Bitcoin Cash only as electronic cash. On behalf of the CashFusion Red Team project, I give a "neutral" response. I hope to see research and development on ways to improve fungibility and privacy within the token ecosystem, e.g. token-specific CoinJoin protocols.Signature
Signed by Rucknium:
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 The CashTokens CHIP broadens the capabilities of the Bitcoin Cash blockchain for users and application developers. CashTokens will likely have a neutral effect on fungibility and privacy for current and future users who use Bitcoin Cash only as electronic cash. On behalf of the CashFusion Red Team project, I give a "neutral" response. I hope to see research and development on ways to improve fungibility and privacy within the token ecosystem, e.g. token-specific CoinJoin protocols. -----BEGIN PGP SIGNATURE----- iQJMBAEBCgA2FiEEXV4Iojid8iWr0HgbKR4MIp1jFpcFAmNuOUAYHHJ1Y2tuaXVt QHByb3Rvbm1haWwuY29tAAoJECkeDCKdYxaXTOQP/3Rxt0CGw/eW1FNnMfif9lxy mHbupC47CRGw8GWKl6HS5yCi8sPvihRzRfJQNy961MOmbY6QJYmoUoQ1KPewdKIt XQ45E52HSwuPf5jPmS37CElSx7GiXcJuyZPbLQGXnS6nfmIguA9REweM/R9BYNkh GFNmudYb1ugeiMVgOMSAOi8h78GyN4FrDlcYZ5t4R+jZgcLmx6NmpnPtFkjDnk/t 9vVx1JrAmWJuoY+fAMBKn0tfDQjF6LOCzn988jZEtxP2aVCNdeCw2N6HY0A04IUP AvFhC9wX0l6N3yKJK6B+1Z5pZKwW5iWuJuK/E7rzub+SdlTcXyGf+Iurn0e3VCPJ jqrrzuUwFJTUndzLBpvWenbD+teVPHJEvdxx90k9Rt/hBfRHOYdtOxOcO1sDvRpy +OiCnqPPXsk50YETIM1G4IKA+itS/+ndPaV5dMnarAll5kunnUHjuFxtA2A6d0yY Vl3/JkfbOo/L5HymlJewJ4/J25cr1kJeWAb6vYZa86sAyQ8rdePNoQ0yBwLIqhqc 8iEIY58GDzpJOskYSGW/VDYTlEAfkDG6cWPheoYqorVtWzeh+Uf/E25fyVSBAuS4 YNDV5U20oVx2CWmV3t93x3RVp5bqAa3u0xWqc/OyxyhTIN5V/rDs4aEVwJOW74fW pN8BCtvXjuanQy63ycdu =cbH5 -----END PGP SIGNATURE-----