There’s been a lot of token creation taking place on top of the Bitcoin Cash (BCH) network of late. On Wednesday, Blockparty’s developer launched a new Simple Ledger Protocol (SLP) explorer that gives users the ability to browse SLP tokens built on the BCH chain. The Simpleledger.info or the ‘Tokendb’ browser provides an interesting look at the growth of coin creation over the last month and the token movements that follow these unique creations.

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Explore the Token Universe With the New Simple Ledger Protocol Token Browser

The BCH community has been experimenting with creating all kinds of SLP tokens lately and sharing them across the web. The SLP project launched on the BCH network in August 2018 and since then BCH supporters have been creating a variety of tokens. SLP tokens are like a transaction within a transaction because the token information is stored in an output known as an OP_Return, which is tethered to…

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Source: https://news.bitcoin.com/examine-the-token-universe-built-on-bch-with-the-new-slp-explorer/