On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able to leverage decentralized applications (dapps) without paying lots of money for transaction fees.
Bitcoin Cash Fans Introduced to a Unique Ethereum and Web3-Compatible Sidechain
At the time of writing, Ethereum is the dominant chain when it comes to Web3 applications and decentralized finance. However, ethereum (ETH) fees to interact with a Web3 compatible dapp or some type of smart contract can be very expensive these days. The Smartbch project aims to change all that and the creators plan to make throughput as large as one billion gas every 15 seconds.
The new website called smartbch.org says the sidechain will essentially maximize throughput of EVM and Web3 tools. The website gives