Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation.
The BCH Train Continues to Truck Along
BCH proponents have been able to continue the focus towards spreading adoption and lately there’s been a lot of infrastructure support to back up the passion. At the moment the Bitcoin Cash blockchain is over 7,000 blocks ahead of the Bitcoin Core (BTC) chain operating at 11.5 percent of BTC’s current network difficulty. During the last days of June, it is 9.98X more expensive to transact on the BTC chain than using BCH according to Coin Dance statistics. BTC is the most traded cryptocurrency swapped for BCH while ETH, HT, Waves, and LTC follow behind.
Unwriter Unleashes Bitdb: Build Decentralized Apps With a NoSQL database powered by Bitcoin
On June 29 the developer Unwriter released the Bitdb.network which is a global database of Bitcoin OP_Returns and anyone can build decentralized apps using the protocol with zero servers and zero infrastructure. The creator of the project hosted an Ask-Me-Anything (AMA) on Friday, and discussed the project in more detail. News.Bitcoin.com also recently featured the developer Unwriter’s three other projects that are powered by the BCH chain.
“Bitdb is a NoSQL database powered by Bitcoin — It’s an autonomous public MongoDB instance which self-updates by crawling and indexing Bitcoin OP_RETURN transactions, a special type of transaction that can include up to 220 bytes of arbitrary data,” explains the website. “Using this 220 bytes as a database insertion command, we can construct an entire database system from Bitcoin.”
ORIGINAL SOURCE: Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation
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