On Thursday, the Smart Bitcoin Cash team announced the launch of the Smartbch testnet explaining that developers and decentralized app makers can now experiment and develop with the high-performance, EVM-compatible Bitcoin Cash sidechain. Further, Bitcoin.com News spoke with Wang Kui the lead developer of the Smartbch project. The Smartbch tech lead told our newsdesk about the inner workings of the sidechain that can connect with the Ethereum network.
Testnet for Smart Bitcoin Cash, a Bitcoin Cash Layer-2 Project Is Live
During the last few weeks, the Smartbch project has been a topical conversation within the Bitcoin Cash (BCH) community. The reason for these conversations is because the Smartbch team has revealed a project that is EVM and Web3 compatible, but far cheaper in terms of transaction fees. This is because the Smartbch project is a sidechain built on Bitcoin Cash and it leverages the BCH chain’s lower transaction fees. Bitcoin.com has reported on the project on a few occasions since it was announced and on April 29, the team has revealed the Smartbch testnet is now live.
The Smartbch testnet will allow decentralized application (dapp) creators and programmers the ability to test and deploy experimental projects using the testing framework. Developers should read the recently published Smartbch testnet documentation before getting started. The team’s testnet announcement notes that the BCH community has been waiting for this project to go live, and said the project Telegram channel has swelled with members.
For instance, the Coinflex exchange has had its development team testing the testnet of Smartbch while it was still private. “Metamask is connecting without issue and solidity code is working well. We set up a DEX on our private testnet, created tokens…and it’s all going smoothly,” Mark Lamb, CEO of Coinflex said. The Smartbch team says the concept is the first-of-its-kind sidechain for Bitcoin Cash…