Bitcoin Cash (BCH) continues to strengthen its position in the global cryptocurrency ecosystem, driven by a wave of technical upgrades, community initiatives, and growing adoption across diverse regions. Over the past month, the BCH network has seen increased activity from developers, businesses, and humanitarian projects, all contributing to a more robust and user-focused blockchain. This article provides a comprehensive overview of the most significant developments, offering insights into how BCH is evolving beyond mere transactions into a platform for innovation and social impact.
Developer Focus: Improving Network Stability with DAA Discussions
One of the most critical technical discussions in the BCH community has centered around the difficulty adjustment algorithm (DAA). On July 16, developers convened for a virtual meeting to address ongoing concerns about block instability and the influence of hash power "rental pools" — often referred to as "rental mining" or "machine gun pools" — that can temporarily flood the network and distort mining rewards.
The meeting built upon earlier discussions from the fifth BCH developer video conference held on June 25, where core contributors such as Jonathan Toomim, Karol Trzeszczkowski, and Tom Zander explored potential solutions. A leading proposal involves implementing an Exponential Moving Average (EMA)-based DAA. This method smooths out difficulty adjustments over time, reducing extreme fluctuations in block times and leveling the playing field between large-scale mining operations and independent miners.
👉 Discover how blockchain networks maintain mining fairness and stability.
The EMA model could significantly enhance network predictability, making BCH more resilient and attractive for long-term investment and everyday use.
Exchange Listings Boost Accessibility: Binance KR Adds BCH Pairs
Adoption momentum increased when Binance Korea (Binance KR) officially launched BCH trading pairs on July 9. Users can now trade BCH against BTC, BUSD, and USDT, expanding access for one of the world’s most active retail crypto markets.
Binance KR, which began operations in early April, has steadily rolled out major cryptocurrencies, and the inclusion of BCH signals growing institutional confidence in its utility and stability. With South Korea’s strong appetite for digital assets and strict regulatory compliance standards, this listing represents a meaningful milestone for BCH’s global reach.
Innovation on the SLP Protocol: USDT and Mineable Tokens Emerge
The Simple Ledger Protocol (SLP), built on top of the BCH blockchain, is becoming a hub for innovation. Recently, Sideshift.ai integrated USDT on the SLP network, marking one of the first instances of a major stablecoin being issued natively on BCH. According to Tether’s official data, approximately $6 million worth of USDT is now circulating via SLP, enhancing liquidity options for BCH users seeking price stability.
Even more experimental is MIST, a mineable SLP token created by developer kasumi. Named Minable SLP Token, MIST uses proof-of-work (PoW) mechanics despite existing as a token layer above BCH. With a total supply of 21 million and an estimated mining lifespan extending to the year 40857, MIST is less about profit and more about exploring new cryptographic concepts.
Its whitepaper introduces two key innovations:
- Stateful smart contracts on BCH
- Techniques to bypass the 520-byte script limit for more complex logic
These experiments could pave the way for richer decentralized applications on BCH in the future.
New Organizations Advance BCH’s Mission
The launch of the Permissionless Software Foundation (PFS) marks a strategic effort to promote censorship-resistant technologies worldwide. Focused on open-source development, PFS aims to empower individuals to protect their privacy and financial sovereignty using BCH and SLP tools. The foundation’s website, psfoundation.cash, serves as a resource hub for developers and advocates.
Similarly, Bitcoin.com introduced a novel email-based BCH sending tool. This feature allows users to send BCH by simply entering an email address — no wallet required for the recipient. After receiving a notification, the recipient can claim funds directly. The service emphasizes low fees, cross-border usability, and privacy protection, aligning with Roger Ver’s vision of BCH as “electronic cash.”
Ver also clarified misconceptions during a CoinMarketCap livestream on June 26, stating he did not create BCH but became its most vocal advocate after concluding Bitcoin (BTC) would not fulfill its peer-to-peer electronic cash potential. He argued that due to its faster confirmations and lower fees, BCH has stronger potential as both a medium of exchange and long-term value store than BTC.
Humanitarian Use Cases Expand: BCH Aid Launches in Latin America
In a powerful demonstration of cryptocurrency’s real-world impact, BCH Latam announced the creation of BCH Aid, a nonprofit initiative focused on education, health, nutrition, and emotional well-being in underserved communities. Their first project supports a Venezuelan foundation that sends clowns to comfort hospitalized children.
By leveraging BCH for donations, contributors bypass traditional financial intermediaries — eliminating credit card fees, bank charges, and remittance costs. Funds flow directly to organizations, increasing efficiency and transparency. The team has already produced videos documenting the work of around 15 NGOs across Latin America, particularly in Venezuela.
This model exemplifies how decentralized finance can empower grassroots humanitarian efforts without relying on centralized gatekeepers.
Community Spaces Grow: Bitcoin Cash House Launches in Singapore
Inspired by similar spaces in Ghana, Venezuela, and Pakistan, the Singapore BCH community MobTwo launched a local “Bitcoin Cash House” — a physical meetup venue for enthusiasts, developers, and newcomers. Supported by donations of branded merchandise from Bitcoin.com and encouragement from community leader Marc De Mesel, the space fosters education and collaboration.
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Such initiatives strengthen grassroots adoption and create sustainable ecosystems beyond speculative trading.
Funding Progress: Bitcoin ABC Receives Major Donation
Development efforts remain financially supported. Recently, Bitcoin ABC, one of the primary client implementations of BCH, received an anonymous donation of 143 BCH (approximately $40,000 at current prices). This contribution brings their ongoing fundraising campaign to **53.65% of its $3.3 million (14,500 BCH) goal**, ensuring continued protocol development and maintenance.
Frequently Asked Questions (FAQ)
Q: What is the purpose of changing BCH’s difficulty adjustment algorithm?
A: The proposed update aims to stabilize block times by reducing volatility caused by temporary spikes in hash power, ensuring fairer mining conditions for all participants.
Q: Can I use USDT on the Bitcoin Cash network?
A: Yes — through the SLP protocol, USDT is now available on BCH via platforms like Sideshift.ai, offering stablecoin functionality within the BCH ecosystem.
Q: Who controls the development of Bitcoin Cash?
A: No single entity controls BCH. Development is driven by independent teams like Bitcoin ABC, BCHN, and community organizations such as PFS, ensuring decentralization.
Q: How does sending BCH via email work?
A: Services like Bitcoin.com’s email tool generate time-limited links. Recipients receive an email and can claim funds without needing prior wallet setup.
Q: Is mineable SLP like Bitcoin mining?
A: While MIST uses PoW principles, it operates at the token level on SLP. It's experimental and designed more for research than profit.
Q: How can I support humanitarian projects using BCH?
A: You can donate directly to initiatives like BCH Aid, which use BCH to fund healthcare, education, and emotional support programs in regions like Venezuela.
👉 Start exploring decentralized finance tools that support real-world impact.
Keywords: Bitcoin Cash (BCH), Simple Ledger Protocol (SLP), difficulty adjustment algorithm (DAA), EMA algorithm, Binance KR, USDT on BCH, mineable tokens, BCH Aid