The development team behind the Yenom cryptocurrency wallet apparently doesn’t ever stop working. After introducing their successful wallet, they then introduced the Deep Link Payment Protocol (DLPP), a one-click method for paying with Bitcoin BCH on any website. Now, they’re at it again, this time launching a new proposition model for decentralized applications (Dapps).
The model, the Bitcoin Dapps Improvement Proposal (BDIP) standard, is designed to allow for easy classification of new Dapps on the Bitcoin BCH network. It also provides a mechanism that describes the function of the Dapp and any associated processes.
According to the BDIP GitHub repository, “The BDIP should provide a concise technical specification of the feature and a rationale for the feature. The BDIP author is responsible for building consensus within the community and documenting dissenting opinions.”
BDIP serves a much-needed purpose. It allows the community to track applications built on the Bitcoin BCH blockchain, as well as to provide feedback, find out if the developers are still active and check the status of any implementation or issue.
The repository explains, “For Bitcoin dapp implementers, BDIPs are a convenient way to track the progress of their implementation. Ideally, each implementation maintainer would list the BDIPs that they have implemented. This will give end users a convenient way to know the current status of a given implementation or library.”
By design, there would be three types of BDIPs – a standard track, an informational BDIP and one for the processes involved in the Bitcoin BCH application. Any proposal is required to meet all of the criteria and must describe in detail the application’s intentions. The developers suggest that BDIP authors “bet their own project” to ensure that it has utility and is original. They explain in the repository, “[This] helps to make sure the idea is applicable to the entire community and not just the author.”
The first BDIP has already been created. Gabriel Cardona, who created Bitbox, announced on Twitter that he had created Dapp ID, which is a “unique identifier for a single dapp protocol with the specification of the dapp.”
Yenom developers haven’t shown any signs of slowing down. Apart from DLPP and BDIP, they also won the first BCH Devcon recently held in San Francisco and have also introduced a Bitcoin Cash Kit, which contains a Bitcoin BCH library for iOS software development.
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The Yenom wallet was created specifically for Bitcoin BCH, the world’s only cryptocurrency that has retained the original vision of what digital currency is meant to be. The development team behind the wallet has been working on a new project that could greatly enhance Bitcoin BCH’s position as a true retail currency. If accepted, Bitcoin BCH could be expected to reach millions of merchants overnight.
The project is built around the Deep Link Payment Protocol (DLPP). DLPP is a system that links a wallet with a callback URL, similar to how the BIP21 scheme works, and would allow shoppers to pay with Bitcoin BCH on a website by only having to click on a button on the site.
Published the draft spec of #DeepLinkPaymentProtocol.
With this protocol, the communication wallet application and other applications will be very smooth. #NoMoreCopyAndPaste
— Shun Usami (Yenom) (@usatie) October 21, 2018
Specifications for the project indicate that the current mobile wallet experience is anything but user-friendly. They point out that it’s cumbersome to pay with crypto—users have to copy the destination address, open their wallets, paste the address, type the exact amount of the transaction and authorize the payment. Using DLPP, the payment link would be opened automatically in the wallet and the user would only need to confirm the payment. In effect, the process would reduce to two the number of steps needed to make an eCommerce purchase.
The developers further assert that the protocol is simple and offers versatility. They explain that a method could be designed that is similar to BIP70, such as what is seen on BitPay’s payment protocol.
The DLPP project would also be forward compatible. The developers explained, “Adding optional parameters can be done by simply adding them — Adding required parameters or a destructive change can be done by simply changing the type name to new one.”
While some cryptocurrencies prefer to be seen as an investment vehicle through which investors are hoping to see returns like what was witnessed with Bitcoin Core (BTC) last year, Bitcoin BCH is moving forward, advancing the true definition of cryptocurrency. Bitcoin BCH is already gaining significant traction around the world as a legitimate currency, being accepted by a growing number of businesses in Europe, Asia and Australia. Developments such as the DLPP project will further entrench Bitcoin BCH’s position as the world’s only legitimate peer-to-peer retail currency.
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