Binance will support the next Bitcoin Cash update

A significant upgrade for Bitcoin Cash, a fork of the Bitcoin network, will be launched on May 15.

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The addition of a token issuance mechanism called CashTokens, which is comparable to ERC20, is the update’s standout feature, according to Wu Blockchain.

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After the anticipated upgrade on May 15, according to BCH developer Jason Dreyzehner, the Bitcoin Cash network will support smart contracts that are equivalent to Ethereum but far more effective.

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