Categories: AltсoinsBitcoinBusinessNews

One Year later, Yenom-developed Bitcoin Cash (BCH) Library Launches

Even as Bitcoin Cash (BCH) is celebrating a one year anniversary, the fork of Bitcoin (BTC) is not relenting in the quest to keep improving its platform. Consequently, it is bringing yet another innovative toolkit to developers and users around the world. Yes, it is the BCH library.

About The Yenom BCK Library

At Bitcoin Cash, every day comes with a new product. This is giving users genuine reasons to firmly believe that they’ve made the right choice by choosing the platform. Created by the Yenom wallet developers, the Bitcoin Cash Kit (BCK) allows developers and users alike to maintain a secure wallet that seamlessly sends, stores and receives BCH even without downloading the entire node. Additionally, Hashhub in collaboration with Crypto Age, are planning to host a hackathon mobile app symposium on August 18th. Although it’s not advanced enough yet, Yenom said that the BCH platform can support smart contracts. Though, to make that happen, the BCH system must allow for layering. With this kit, BCH developers can build any BCH network-compatible application of their choice.

Resolving The Layering Hitches

The company noted that in order to solve the problem, Katsumi Kishikawa’s Bitcoin Kit was forked. From the hackathon announcement, Yenom shares “In order to solve such a problem, we forked from Mr. Katsumi Kishikawa’s famous Bitcoin Kit implemented in Swift, and developed a library for iOS that anyone can easily develop using Bitcoin.”

Components Of The Bitcoin Cash (BCH) Kit

The kit has components that enable developers to build on robust BCH platforms. BCK has a wide array of tools which include P2PKH, base58, WIF formats, and Cashaddr. Others are EC keys and signatures, BIP32, transaction building blocks, and BIP44 hierarchical wallets. Lest we forget, much as the SPV features are not complete yet, BCK came with BIP39 implementation.

Relevance

This is critical in the BCH network as developers and fans can now use the BCK built by Yenom to develop applications of their choice. It is noteworthy that tech giant Apple compiles and develops the iOS-language Swift. Indeed, BCH is experiencing a series of endless smart additions to its platform, and it doesn’t seem as though it will slow down with releasing phenomenal items anytime soon.

 

Join our Telegram Group To Stay Up To Date With Crypto News

 

Jeffrey McGovern

Jeff is a cryptocurrency supporter and shares great admiration for both blockchain tech and Bitcoin. Originally from Charlotte, NC, Jeff graduated from North Carolina State University, but now resides in South Florida. With a background in English Literature, he never believed his 10 years of writing experience would be used towards creating and editing important crypto/blockchain related news.

Share
Published by
Jeffrey McGovern
Tags: BCHBCKBitcoinBitcoin CashBitcoin Cash KitBTCforkhackathonlibraryYenom

Recent Posts

  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

5 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

5 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

5 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

5 years ago
  • Ban
  • Business
  • Controversy
  • News
  • Regulation

French Financial Regulator Blacklists Four Crypto Websites

France's financial regulatory watchdog - Financial Market Regulator (AMF) is working aggressively to bring down unauthorized crypto companies. The AMF…

5 years ago
  • Altсoins
  • News

Digix Stablecoin (DGX) Comes With the Backing of Gold

There's a flood of new stablecoins hitting the cryptocurrency space in the last few months. A stablecoin is basically a…

5 years ago