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Summary

The webpage provides a comprehensive guide on how to mint (buy) Cashtokens NFTs using the Paytaca browser wallet on Bitcoin Cash's Web3 platform.

Abstract

The article "How To Mint (Buy) Cashtokens NFTs" introduces the recent launch of Web3 on Bitcoin Cash, emphasizing the non-custodial, uncensorable, and user-friendly nature of Cashtokens. It explains the process of minting NFTs on this platform, starting with the installation of the Paytaca browser wallet extension for Chrome. The guide details the steps to set up a new wallet or restore an existing one using a seed phrase, and the importance of securing the wallet with a pin. It also touches on the ease of purchasing Bitcoin Cash through various exchanges, the utility of Emerald DAO for consolidating UTXOs, and the broader implications of Cashtokens for the Bitcoin Cash blockchain, positioning it as a competitor to Ethereum in the realm of smart contracts, tokenization, and DeFi.

Opinions

  • The author believes that Cashtokens will unlock new potential for Bitcoin Cash, directly competing with Ethereum's smart contracts.
  • The article suggests that the user experience of minting NFTs on Bitcoin Cash will continuously improve as developers build on the Cashtokens upgrade.
  • The author expresses that Bitcoin Cash's scalability and focus on user experience make it a prime candidate for embracing the Metaverse through Cashtokens.
  • There is an opinion that platforms like Emerald DAO are crucial tools for enhancing the functionality and usability of Bitcoin Cash in the context of Cashtokens.
  • The author seems to advocate for self-custody of digital assets, highlighting Paytaca as a wallet that gives users full access to their private keys.

How To Mint (Buy) Cashtokens NFTs

In case you missed it, Web3 is now live, on-chain, on Bitcoin Cash.

Non-custodian, uncensorable, unbreakable, unparalleled.

Cashtokens is live since May 15th enabling UTXO NFTs.

Since CashTokens is a recent upgrade, developers will require time to experiment and develop the absolute user experience. However, it will not take long before we find plenty of platforms and options available.

Already several NFT collections are getting ready to launch. Paytaca offers the method to mint CashTokens NFTs and interact with websites integrating Cashtokens Web3 capabilities.

Without further ado, here’s how to mint CashTokens NFTs.

PAYTACA BROWSER WALLET (Chrome Extension)

We need the Paytaca extension, version 0.15.1 from Chrome’s Web Store:

After installing Paytaca on Chrome, open the Extensions tab

and pin the extension on your Chrome browser by clicking on the pin button:

Paytaca will ask us if we want to Create a New Wallet or Restore from Seed Phrase.

We can import any seed phrase we use. New users have to create a new wallet, and locate the private key and seed phrase and write them down.

The path to extract the seed phrase from the extension is:

Apps->Wallet Info -> Scroll down to Mnemonic Backup Phrase

Paytaca is a self-custody wallet. It is not holding our private keys but provides full access to the user.

Setup a pin to your wallet:

The pin is necessary, so don’t skip this part. If you accidentally skipped setting a pin, we can add from within the app any time using the path Apps->Settings->Pin. Paytaca asks for pin when signing transactions.

I imported a seed phrase, and my wallet and funds appeared:

You are ready now to mint NFTs and connect to any Web3 website supporting CashTokens. Example ( connecting Paytaca to BitCats Heroes):

Funding a Bitcoin Cash address is instant and cheap, with fees lower than $0,01.

Bitcoin Cash is listed in all cryptocurrency exchanges, even on PayPal and Venmo. It is easy to purchase and withdraw to a non-custodial (self-custodial) wallet and experience how cryptocurrency is meant to be.

Here is a guide on how to buy Bitcoin Cash using the Kraken Exchange:

Consolidate UTXOs with Emerald DAO!

We’ve explored Emerald DAO previously here:

Emerald DAO also offers a useful tool to consolidate Unspent Transaction Outputs and allow us to use our “change in our wallets”.

In Conclusion

Web3 is now on-chain on Bitcoin Cash, the most reliable, secure, and fast blockchain, delivering high transaction speed with low fees.

With CashTokens, Bitcoin Cash competes directly with Ethereum’s smart contracts. The first few developments seem promising.

Platforms are the future of cryptocurrencies and CashTokens bring smart-contract capabilities (tokenization, NFTs, DeFi) into a blockchain recognized for scalability, innovation, and focus on the user experience.

Bitcoin Cash becomes Metaverse-ready with Cashtokens.

Useful links:

  • Cover picture on Pixabay (background)

Also Read:

Platforms:

● read.cash ● noise.cash ● noise.app ● Medium ● Medium ● Hive ● Steemit ●Vocal ● Minds ● Publish0x ● Twitter ● CashRain ● Me.dm

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Originally published at https://read.cash.

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Bitcoincash
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