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Home Bitcoin

P2P crypto marketplace LocalCryptos adds support for Bitcoin Cash (BCH) » CryptoNinjas

by admin
September 10, 2021
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LocalCryptos, a peer-to-peer (P2P) cryptocurrency market, introduced immediately it has added help for Bitcoin Money (BCH) buying and selling. That is now the fifth cryptocurrency supported by LocalCryptos.

Bitcoin Money is a fork of BTC, which suggests it has related “Bitcoin script” sensible contract capabilities. Not like the LocalCryptos non-custodial escrow scripts for Bitcoin, Litecoin, and Sprint, LocalCryptos leverages the “OP_CHECKDATASIG” op-code which is simply obtainable in Bitcoin Money transactions.

As with all escrows on LocalCryptos, it’s technically unimaginable for the platform to spend BCH in escrow. LocalCryptos solely will grow to be concerned when there’s a fee dispute, and as soon as concerned LocalCryptos solely has the flexibility to permit the BCH to be redeemed by the customer or vendor.

“Nearly a yr has handed since we added a brand new cryptocurrency to LocalCryptos, and plenty of of you may have been requesting Bitcoin Money as the subsequent taste of our non-custodial formulation. The wait is lastly over.”
– The LocalCryptos Crew



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