Moeing Chain Brings Smart Contracts and DeFi to Bitcoin Cash

I’m not saying Bitcoin Cash doesn’t already have smart contracts and DeFi. It does. However, at this point those applications on Bitcoin Cash are very fresh and just starting to bloom.

The earliest Bitcoin Cash could have miner-validated tokens (important for many smart contract applications) is May 2022. And then Bitcoin Cash may not get additional opcodes (to make smart contract and DeFi applications easy) for another year after that!

Can Bitcoin Cash wait that long to start attracting the kind of attention Ethereum and other DeFi protocols have been getting for a while now? That ship might sail before Bitcoin Cash can get all its ducks in a row. Smart contracts and DeFi on Ethereum have been going strong for quite a while and they are starting to go strong on other blockchains as well. Wouldn’t it be nice to get some of that action on Bitcoin Cash now instead of in a few years? Moeing Chain can make that happen.

You’ve probably heard that Moeing Chain is EVM and Web3 compatible. But what does that mean? EVM stands for “Ethereum Virtual Machine” and that’s what runs the Ethereum network. Moeing Chain will run what basically amounts to another instance of EVM with all of Ethereum’s abilities. Think about that. A sidechain of Bitcoin Cash that can do what Ethereum does. Are you getting excited yet?

Web3 is one of the most popular ways applications interact with the Ethereum blockchain. Developers will be able to use Web3 to interact with Moeing Chain as well. Think about this some more. A Bitcoin Cash sidechain will have all the familiar tools DeFi developers have come to expect. What new possibilities will be opened up?

With all the compatibility with these important tools, Moeing Chain will have the same capabilities and advantages Ethereum has, with all of its robust and complex smart contracting abilities, including everything needed for DeFi applications.

It’s important to recognize the significance of what this means for Bitcoin Cash and the crypto economy as a whole, which brings us to the next reason to be excited…