New SLP Token Allows You to Transact in BTC But With BCH Fees

There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with BTC, but utilize the same network fee (less than a penny) as bitcoin cash transactions.

Also read: Meet the Developer Who Added Schnorr Signatures to Bcash

Original source
https://news.bitcoin.com/new-slp-token-allows-you-to-transact-in-btc-but-with-bch-fees/

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