The cryptocurrency market has gone through a tumultuous ride in the last week with a gradual run raising prices and the support of many cryptocurrencies. The price increase scenario also saw prominent figures in the cryptic verse that came out and commented on updates and developments in space. The last example of this is Roger Ver, the CEO of Bitcoin.com and the main supporter of Bitcoin Cash.
In a video published by Bitcoin.com, Ver has touched on the latest developments of the Bitcoin Cash network and has appreciated many developers within the system. One of the latest developments discussed on the CEO was Cash.coin.dance, a website that allows the public to see what is happening on the Bitcoin Cash network. The site also allows users to observe and act on developer channels on the network.
Cash.coin.dance currently shows the BCH fork statistics indicating:
"The Bitcoin Cash network has been updated! 5461 blocks have been extracted according to the new consensus rules!" Bitcoin Cash currently has a 20.4% lead in terms of job testing, Bitcoin Cash currently has 54 blocks ahead. "
Another topic discussed in the video was Open Swap, a fork of electronic money exchange on Cash Bitcoin. Users were also told that the Electron Cash wallet was available for Android users as well as for iOS and Mac users. The Bitcoin.com official also touched on Coinbase's last feature of direct conversion of cryptocurrency and how played a part in the recent bullish rise of Bitcoin Cash.
The official company blog stated:
"As an encrypted company, it's important to create capabilities that allow people to take advantage of the unique attributes of cryptocurrency, which is why we're starting to implement a new feature called Convert, which customers can use to convert a cryptocurrency into another."
The Bitcoin.com team also discussed a new protocol called the InterPlanetary File System or IPFS, which will soon arrive on Bitcoin Cash. The IPFS developer claimed that it is a network of overlays that acts as a peer-to-peer network of connected applications. The goal is not just to reach BCH portfolios for payment channel purposes, but to be used by any BCH application that needs access to a high-performance, rich P2P network, the developers said .
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