Crescent Cash Becomes Third Bitcoin Cash (BCH) Light Client To Adopt Cash Accounts
Crescent Cash Third BCH Light Client To Adopt Cash Accounts
Crescent Cash describes itself as a platform that can be used to “Send coins to a Cash Account or Bitcoin address.” It also notes that it “combines the simplicity of traditional, centralized money apps with the security of trustless Bitcoin wallets.”
Those who decide to use the platform will find it simple to navigate. The application is 6.5 megabytes, it downloads in about a minute, and once downloaded, it will create a new wallet – the Crescent Cash wallet. To access the wallet, users need to create a cash account. Upon deciding a username, users can access the system and notice that their username has been broadcast into the Bitcoin Cash blockchain.
The next step would be to send BCH to another Cash Account user. This process is simple as well. Users just need to type their username into the address field – or they can scan it using SR code scanning abilities. Crescent Cash will store the wallet’s private key on the device and the wallet provider does not have access to the recovery seeds. For this reason, it may be best if the user accesses the settings to record the seed phrase.
Overall, those who use this system will find it to be a simple and quick process. Crescent Cash is the third wallet to adopt the cash accounts protocol.