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Solana's Pump.Fun has been cloned on Bitcoin Cash, Showcasing what UTXO Can Do (bchpump.cash)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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cross-posted from: https://realbitcoin.cash/post/31779

Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.

This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.

Have a look @ https://bchpump.cash/pump

The tokens get deployed on Cauldron DEX https://app.cauldron.quest/

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[–] [email protected] 1 points 2 days ago

The issue is XMR outputs are locked for 20 minutes after being received, BCH outputs are immediately spendable.

0-conf transactions on BCH are very safe because it would take a massive effort to mess with the mempool. That being said if I was sending 100 BCH I would wait for a conf. However in 99% of scenarios the TX is instant, this allows for great DEX experience.

What is 0-conf? Are BCH transactions instant? - https://bitcoincashpodcast.com/faqs/Tech/Other/what-is-0-conf