TL;DR: Developer Joey King explains his work on the SLP Dividend Calculator, and discusses why this simple, easy tech could have implications beyond just something cool. Dividends are a legacy financial holdover, and their possible iteration within the Bitcoin Cash ecosystem carry fascinating possibilities. This episode is available embedded in the article below, and on YouTube, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Breaker, PocketCasts, PodBean, and Overcast.
SLP Dividend Calculator Means a New Era for BCH
On its face, the SLP Dividend Calculator is super clean, almost unimpressive. And to hear King describe it, it’s just something he helped make a little easier to use, tying together a few ideas already out there. “It’s nothing revolutionary at all,” he was careful to insist. “It’s just a web front-end.”
He’s right, of course. But lurking behind its ease and understated qualities are implications potentially very important for the Bitcoin Cash ecosystem. SLP tokens are at the moment a very convenient way for anyone to tokenize anything using the BCH chain. For pennies they can create a token, set its parameters, and they’re off … part of a phenomenon gripping the world.
But the SLP Dividend Calculator takes it one step further. Those interested can reward SLP token holders with BCH, using the calculator as part block explorer to key-in on wallets they deem worthy. It’s a play on the notion of dividend, the traditional finance expression from when companies kick back portions of their profits to shareholders. Dividends basically became a separate asset in legacy markets, offering for some a way to live off of their equity without breaking the principal.
King discusses all of that, the history and how it plays into the BCH ecosystem. He’s also keen to talk about what could come of dividends should they evolve in the way some believe they might. Probably the hardest part of this episode will be to keep your brain from exploding due to all the ideas made possible.
- CoinSpice Podcast 41
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