Electron Cash Users Can Now Send Bitcoin Cash to Mobile Phones
In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such as Workingforbitcoins.com to pay and be paid with cryptocurrencies. Also read: Top Up Your Airtime Minutes With BCH Using YovopayWorkingforbitcoins is a new platform that connects businesses with freelancers. Employers can use it to hire people for coins and crypto enthusiasts can find a job and be paid in their favorite digital currency. Five cryptocurrencies are supported at the moment – bitcoin cash (BCH), bitcoin core (BTC), litecoin (LTC), ethereum (ETH), and a token called experiencecoin.The website has a useful search feature that lets you find job postings by keywords. You can also browse the ads by categories such as Software Development, Marketing, Blockchain, and Design. The latest crypto-paid jobs are listed on the homepage as well. Hit Ctrl+F, type BCH and you’ll be able to find those that are paid with bitcoin cash.For example, the description for one ad reads: “Need an article of about 500 words translated from French to English. The article is about the qualities necessary to play chess well.” The author of the posting has set the budget for the project at 0.02 BCH (around $8 at the time of writing). Freelancers from the U.S., Canada, Norway, Nigeria, India, and Iran have made 14 bids for the job.Workingforbitcoins is commission-free for freelancers who can search for jobs and also post a summary of what they can do for living. For instance, you can hire a translator with the nick “red” who is a Swiss national living in Beijing and translates blockchain-related content from English, Chinese and German to French. Red’s hourly rate is 0.00403 BTC (approx. $32).Payments between the two sides are made on a peer-to-peer basis. Employers are required to provide the wallet address from which they intend to pay for the services of the hired freelancers. That’s in order to verify whether they have the funds for the task they want to outsource. Their crypto address is kept private. Job posters can initiate conversations with bidders using the platform’s chat system.Have you used the services of a platform like Workingforbitcoins to find a job or a contractor paid in cryptocurrency? Share your experience in the comments section below.Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.Images courtesy of Shutterstock, Workingforbitcoins.Do you need a reliable Bitcoin mobile wallet to send, receive, and store your coins? Download one for free from us and then head to our Purchase Bitcoin page where you can quickly buy BCH and BTC with a credit card. The number of businesses accepting cryptocurrencies for goods and services has been growing, particularly for P2P coins such as bitcoin… read more. Storing digital funds in a secure hardware wallet (HW) is a vital part of safeguarding your cryptocurrency holdings against hackers… read more. Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.
The developers behind the Bitcoin-Cash-based Electron Cash light client have added a slew of new features to the latest 4.0.6 version. Now Electron Cash users can send bitcoin cash to mobile phones via the Cointext service. In addition to this new functionality, the Cashshuffle implementation within the wallet now permits up to 99.9999 BCH per shuffle, instead of the default 50 BCH the platform previously allowed.Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for TradingThe Electron Cash wallet is a light client that offers Bitcoin Cash (BCH) users a bunch of versatility and privacy. The wallet was the first to introduce a noncustodial solution for Simple Ledger Protocol (SLP) tokens and Electron Cash (EC) users can create SLP tokens with a specific SLP version of EC. The light client also introduced the privacy-enhancing Cashshuffle protocol to the platform and BCH supporters who utilize EC can shuffle their bitcoin cash for added transaction obfuscation. On June 6, the developers upped the ante once again by adding various improvements to Electron Cash version 4.0.6. The first addition has excited the BCH community as the latest EC version gives users the ability to send BCH to mobile phones via Cointext.Roughly three weeks ago the BCH-based and open source Android wallet Crescent Cash also added the ability to send coin through Cointext. This means that with EC implementing the Cointext feature, BCH users now have a few noncustodial solutions to choose from if they want to utilize this feature. After the latest EC 4.0.6 version release the Youtube channel Bitcoin Out Loud published a video that shows how EC users can send BCH to any mobile phone. BCH supporters were thrilled to hear the news and discussed the topic on the Reddit forum r/btc.“Amazing work everyone — This is why BCH has a future,” one person remarked on the forum. “So many epic projects are happening here while ‘other’ projects are stagnating.”Essentially, in order to use the Cointext option with EC simply enter ‘cointext: ANY_PHONE_NUMBER’ (e.g cointext:12125551234) in the send tab. There’s also a new transaction dialog feature that allows you to get accurate fees, input addresses and input amounts for any transaction in the wallet. Another notable improvement that should add more liquidity to the Cashshuffle protocol is the raised default shuffle limit to 99.9999 BCH. The former version of EC had a Cashshuffle default limit set to 50 BCH and now a great number of coins can be shuffled at once.Electron Cash is so far the only wallet that has implemented the Cashshuffle protocol but since the release of the Cashshuffle library and statements from other wallet curators, that will change in the near future. People utilizing the EC wallet to shuffle coins have completed 10,422 shuffles since the official Cashshuffle launch on March 27, 2019. So far, 51,295 BCH or $21 million at current bitcoin cash prices has been shuffled. The latest Cointext implementation offered by the Electron Cash wallet also follows Cointext and Anypay’s recent remittance solution announced on June 3. Bitcoin cash payment processors, supporters and now infrastructure providers who develop wallets are finding great value in providing individuals with the ability to send BCH to any phone with SMS messaging capabilities.What do you think about EC adding Cointext abilities and the latest Cashshuffle limit increase for shuffling coins? Let us know what you think about this subject in the comments section below. Image credits: Shutterstock, Twitter, Electron Cash, Acidsploit’s stat page, and Pixabay. Want to create your own secure cold storage paper wallet? Check our tools section. You can also enjoy the easiest way to buy Bitcoin online with us. Download your free Bitcoin wallet and head to our Purchase Bitcoin page where you can buy BCH and BTC securely. On June 3, the popular bitcoin cash (BCH) light client Badger Wallet launched its open beta version for iOS mobile… read more. Samsung’s new flagship smartphone, the Galaxy S10, had one of the most anticipated premieres this year. The launch of the… read more. Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today.
Source from : News.bitcoin
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