The beginning of the end of ETH?
Bitcoin Cash has opened an opportunity for the release of tokens and ICO
The news about the possibility of releasing tokens on Bitcoin Cash blockaded the Ethereum - the world's second crypto currency fell by 20% in 2 days. Trigger hook was a video clip of the Bitcoin Cash investor, Roger Vera, who announced the launch of the Wormhole protocol, which will allow to issue tokens and conduct ICO on the blockade of "true Bitcoin". "Perhaps we will soon have crypt kittens," he said, adding that as the demonstration of the possibilities of the new protocol, ICO plans its own Bitcoin.com project.
The Wormhole protocol was developed in conjunction with the Chinese mining giant Bitmain, who publicly disowned Bitcoin in favor of Bitcoin Cash and withdrew all of its crypto currency into fork coins despite a financial loss of $ 500 million. Many experts in the crypto industry believe that the Wormhole protocol will be very popular among developers , because the tokens on the Bitcoin Cash blockbuster will be much easier to stock up on exchanges where the main coin of blockage is already traded. The ERC20 standard on the Ethereum block has recently experienced problems with listing due to the unrecoverable bug in the smart contract. The developers of Ethereum are preparing the release of the new standard ERC777, but Roger Were overtook them, offering the market an alternative, which affected the course Ethereum.