By Coinivore
Many don’t know that Bitcoin (BTC) once had many token projects, most notably Counter Party and Colored Coins. When BTC Core developers disabled the opcodes which allowed tokenization, Vitalik Buterin and others created Ethereum. Since then tokens have exploded. Yet smart contracts are complex and Ethereum is proving difficult to scale.
Now that Bitcoin Cash has enabled the original opcodes with massive on-chain scaling, it is primed to launch a new wave of token protocols that are easier and cheaper to develop, use, and scale.
In the video below, Bitcoin Cash developer Gabriel Cardona explains the brief history of tokenization and why Bitcoin Cash is a better platform for developers.
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