On August 23rd, Bitcoin.com—a staunch supporter of Bitcoin Cash (BCH)—launched the SLP Dividend Calculator, a revolutionary tool enabling SLP token holders to distribute dividends seamlessly. This application empowers users to construct transactions that pay dividends to any SLP token holder, further enriching the BCH ecosystem.
The Rise of SLP Tokens on BCH
Over the past year, Simple Ledger Protocol (SLP) tokens have gained immense popularity among BCH advocates. Thousands of unique tokens have been issued on the BCH blockchain, with the SLP ecosystem maturing rapidly. Key infrastructure supporting SLP includes:
- Wallets (e.g., Badger Wallet, Bitcoin.com Wallet)
- Token issuance tools
- SLP explorers (e.g., Bitcoin.com’s SLP Explorer)
How the SLP Dividend Calculator Works
The SLP Dividend Calculator—hosted on Bitcoin.com’s Tools portal—simplifies dividend distribution:
- Input the SLP token ID and specify recipients.
- Set payment timing (e.g., monthly, quarterly).
- Distribute dividends in BCH to all token holders automatically.
Example Use Case:
A startup issues equity tokens to three investors. Using the calculator, the company schedules quarterly BCH dividend payouts, eliminating manual processes.
👉 Discover how SLP tokens transform digital equity
Bitcoin.com’s Multifaceted Support for BCH
Bitcoin.com has emerged as a comprehensive BCH hub, offering:
1. Informational Resources
- Real-time BCH news and updates.
- Guides for BCH applications.
- Educational content about BCH’s technology and roadmap.
2. Infrastructure
- Wallet: Supports BCH payments for merchants.
- Mining Pool: Contributes hash rate to secure BCH.
- Exchange (Upcoming): Will trade BCH and SLP tokens.
3. Developer & User Tools
- SDKs: BITBOX, SLP, and CashScript for dApp development.
- BCH Faucet: Onboards new users.
- Spend Bitcoin Cash: Helps merchants accept BCH.
👉 Explore Bitcoin.com’s BCH ecosystem
FAQs
Q1: What are the benefits of SLP tokens?
A1: SLP tokens enable asset tokenization (e.g., stocks, bonds) with low fees and fast BCH transactions.
Q2: Is the SLP Dividend Calculator free to use?
A2: Yes—no account registration is required. Transactions are on-chain, ensuring transparency.
Q3: How does Bitcoin.com’s exchange differ from others?
A3: It will support BCH and SLP token trading with a focus on user privacy (minimal KYC).
Conclusion
The SLP Dividend Calculator exemplifies Bitcoin.com’s commitment to BCH innovation. By streamlining dividend payments, this tool unlocks new possibilities for tokenized assets—from corporate shares to loyalty programs. As Bitcoin.com continues expanding its BCH-focused services, it solidifies its role as the go-to platform for BCH adoption and education.
For more crypto tools and insights, visit Bitcoin.com.
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