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<!DOCTYPE html>
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<nav class="header-nav">
<a href="#0" class="header-nav__close" title="close"><span>Close</span></a>
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<h3>Navigation</h3>
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<li class="current"><a class="smoothscroll" href="#home" title="home">Home</a></li>
<li><a class="smoothscroll" href="#about" title="about">About</a></li>
<li><a class="smoothscroll" href="#benefits" title="benefits">Benefits</a></li>
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<p>© 2018 SimpleLedger.cash</p>
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<h1 style="text-align: left;">Simple Ledger Protocol (SLP)</h1>
<h2 class="display-3 display-3--light" style="text-align: left;">A simple token system<br />
for Bitcoin Cash</h2>
</div>
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<h1 class="display-1 display-1--light">What is SLP?</h1>
</div>
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<div class="row about-desc" data-aos="fade-up" data-aos="fade-up" data-aos-anchor=".home-content__main">
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<p>SLP is an emerging standard protocol for issuing secure tokens on the Bitcoin Cash blockchain. Anyone can issue their own token or coin within seconds. And with SLP, you can spend or trade tokens peer to peer, just like Bitcoin Cash itself.</p>
</div>
</div> <!-- end about-desc -->
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<h3 class="subhead" style="font-size: 3.0rem;">Benefits</h3>
<h1 class="display-2">SLP has everything you need to easily issue, spend or trade your own token.</h1>
</div>
</div> <!-- end section-header -->
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<h3 class="h2">SPV Friendly</h3>
<p>The first and currently only BCH token system to support light wallets.
</p>
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<h3 class="h2">On Chain</h3>
<p>All transactions are 100% on the blockchain for full auditability by any party.
</p>
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<h3 class="h2">Simple</h3>
<p>Many systems are complicated. SLP is easy to understand, giving users confidence.
</p>
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</div>
<div class="col-block service-item">
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<i class="icon-thumbs-up"></i>
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<h3 class="h2">Robust</h3>
<p>A limited set of consensus rules makes the system reliable. A unique address format helps prevent loss of tokens.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="icon-no"></i>
</div>
<div class="service-text">
<h3 class="h2">No Native Token</h3>
<p>Some token protocols have their own coin which you must first acquire in order to use other tokens. SLP runs directly on top of BCH.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="fa fa-file-code-o"></i>
</div>
<div class="service-text">
<h3 class="h2">Scriptable</h3>
<p>You can use multi signature addresses and other Bitcoin script features with SLP tokens.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="icon-expand"></i>
</div>
<div class="service-text">
<h3 class="h2">Flexible Issuance</h3>
<p>Choose from a fixed supply, 1-time issuance token, or multiple issuance tokens with a variety of options.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="icon-share"></i>
</div>
<div class="service-text">
<h3 class="h2">Permissionless</h3>
<p>SLP tokens can be exchanged peer to peer with no trusted third party.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="icon-plus"></i>
</div>
<div class="service-text">
<h3 class="h2">Extensible</h3>
<p>The protocol can be extended to support different types of tokens including those with issuer controlled whitelists for regulated securities.
</p>
</div>
</div>
<div class="col-block service-item">
<div class="service-icon">
<i class="icon-bank-note"></i>
</div>
<div class="service-text">
<h3 class="h2">Free & Open Source</h3>
<p>The protocol and Electron Cash implementation of SLP are both free and open source.
</p>
</div>
</div>
</div> <!-- end services-list -->
</section> <!-- end s-services -->
<!-- FAQ's
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<h3 class="subhead" style="font-size: 3.0rem;">FAQ's</h3>
<h1 class="display-2 display-2--light">You have questions? <br />We have answers.</h1>
</div>
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<div class="row section-header" id="faq">
<div class="col-full">
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<h2>What makes SLP special among the many emerging token protocols?</h2>
<p>We became motivated to create SLP because we believed most previous token proposals were overcomplicated. We wanted something simple and easy to use. We also understand the importance of developing a rich ecosystem with a critical mass of users and are committed to creating it.</p>
</div>
<div class="row has-bottom-sep">
<h2>Is SLP like Ethereum’s ERC-20, but for BCH?</h2>
<p>In many ways, yes. Anyone can issue, or “mint” a new token type. Tokens can be traded, spent, or given to someone else. They operate in a distributed manner like most cryptocurrencies. Custom token behavior can be added using bitcoin Script programming language in novel ways.</p>
</div>
<div class="row has-bottom-sep">
<h2>In a nutshell, how does SLP work technically?</h2>
<p>You can think of SLP as a ‘transaction within a transaction’. SLP transactions live within a special output known as OP_RETURN, which is a part of a standard Bitcoin Cash transaction. If Alice wants to send Bob some tokens, she sends a minimal (dust) amount of BCH, and the transaction also contains the data to transfer the tokens. You may be interested in reading the protocol specification, which is comprehendable to the average Bitcoin-minded reader.</p>
</div>
<div class="row has-bottom-sep">
<h2>How can I start using SLP today?</h2>
<p>Download the Electron Cash SLP wallet. You can ask your friends to send you some tokens, or mint your own.</p>
</div>
<div class="row has-bottom-sep">
<h2>Can anyone create their own token?</h2>
<p>Yes. But we recommend consulting a legal professional before attempting crowdsales or similar activities.</p>
</div>
<div class="row has-bottom-sep">
<h2>Why should I choose SLP for my project?</h2>
<p>You should carefully review all of the available protocols on Bitcoin Cash for tokens. Some may be more suited to your purpose than others. We have listed many of the benefits of SLP above.</p>
</div>
<div class="row has-bottom-sep">
<h2>What are the issuance options for token creators?</h2>
<p>Token creators can generate a token with a 1-time issuance, thus guaranteeing a fixed supply, or alternatively, a token that has multiple issuance rounds. These rounds can continue indefinitely until the issuer decides to switch it off permanently, marking the end-of-minting capabilities for that token.</p>
<p>Token issuance authority can also be delegated to someone else after the token has already been created.</p>
</div>
<div class="row has-bottom-sep">
<h2>How do token names and hash IDs work?</h2>
<p>The initial genesis minting of a token is also a Bitcoin Cash transaction. The BCH transaction Id is then one and the same with the hash Id of the token.</p>
<p>Token issuers can also specify a name for their token within the data. However, there are no reserved names. Names can be duplicated, sometimes maliciously. (This is also true of ERC-20). Therefore, users should always check the hash Id against a trusted source.</p>
</div>
<div class="row has-bottom-sep">
<h2>How does SLP handle decimal precision?</h2>
<p>The Bitcoin protocol deals directly with smallest granular units, which are called satoshis, but amounts in wallets are often expressed in decimal format (i.e. 3.0723432 BCH). A similar system is used in SLP; the protocol itself deals with integer units, but some tokens are better displayed with decimals. The genesis mint of a transaction can set a decimal preference if desired.</p>
</div>
<div class="row has-bottom-sep">
<h2>How can I avoid accidentally losing or burning tokens?</h2>
<p>The most important thing you need to know is that you should not use a non-SLP wallet on a wallet file that has tokens on it. If you do this, the non-SLP wallet may end up spending the coin (the UTXO) that contains the tokens.</p>
<p>For example, once you have tokens on a wallet file, only open that file with the Electron Cash SLP wallet, not the normal Electron Cash wallet. This applies not just to wallet files per se, but also wallets that you restore from seed, as they will contain a particular set of addresses and coins.</p>
</div>
<div class="row has-bottom-sep">
<h2>Does SLP have its own address format?</h2>
<p>Yes. "SLP Addr" is a new encoding for addresses, similar to CashAddr. Theoretically, tokens could be sent and received from any address format, but we strongly encourage wallet implementations to use SLP Addr format. This helps prevent user mistakes when transacting in either Bitcoin Cash or tokens.</p>
</div>
<div class="row has-bottom-sep">
<h2>Is SLP robust and well-tested?</h2>
<p>The SLP protocol is designed to be simple, which makes it robust. We have written over 100 unit tests for the Electron Cash wallet which passed successfully. Still, the project is new and there could be bugs discovered later. You should not use SLP for a serious project until at least several weeks of real world testing have occurred without incident.</p>
</div>
<div class="row has-bottom-sep">
<h2>What are the risks of using SLP?</h2>
<p>SLP is a new protocol and there could be bugs discovered at any point. It is also possible to lose tokens if used improperly or if there are bugs in a wallet implementation.</p>
</div>
</div> <!-- end col-full -->
</div> <!-- end faq-content -->
</section> <!-- end s-works -->
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<div class="row section-header">
<div class="col-full">
<h3 class="subhead">Learn more & get involved</h3>
<h1 class="display-2 display-2--light">Information, resources, <br />and support for SLP.</h1>
</div>
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<div class="row contact-content">
<div class="col-six">
<div class="service-icon-center "><i class="icon-wallet"></i></div>
<h2 class="display-3 display-3--light">Electron Cash</h2>
<p class="align-center">Download the beta Electron Cash wallet built for SLP.</p>
<a class="btn btn--stroke full-width" href="https://electroncash.org/index.html#slp">Download</a>
</div>
<div class="col-six">
<div class="service-icon-center "><i class="icon-search"></i></div>
<h2 class="display-3 display-3--light">SLP Explorer</h2>
<p class="align-center">Explore all SLP token transactions with Tokengraph.</p>
<a class="btn btn--stroke full-width" href="https://tokengraph.network">Explore</a>
</div>
<div class="col-six">
<div class="service-icon-center service-icon"><i class="icon-file"></i></div>
<h2 class="display-3 display-3--light">Protocol Spec</h2>
<p class="align-center">Read the SLP specification on Github.</p>
<a class="btn btn--stroke full-width" href="https://github.com/simpleledger/slp-specification/blob/master/slp-token-type-1.md">Read</a>
</div>
<div class="col-six">
<div class="service-icon-center service-icon"><i class="fa fa-telegram"></i></div>
<h2 class="display-3 display-3--light">Support</h2>
<p class="align-center">Follow our discussion forum on Telegram.</p>
<a class="btn btn--stroke full-width" href="https://t.me/joinchat/IiRCvRA3Edyh9IJBANH7Rw">Join Group</a>
</div>
</div> <!-- end contact-content -->
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<p>A simple token system for Bitcoin Cash.</p>
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<div class="copyright">
<span>© 2018 SimpleLedger.cash</span>
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<div class="pswp__share-tooltip"></div>
</div><button class="pswp__button pswp__button--arrow--left" title="Previous (arrow left)"></button> <button class="pswp__button pswp__button--arrow--right" title=
"Next (arrow right)"></button>
<div class="pswp__caption">
<div class="pswp__caption__center"></div>
</div>
</div>
</div>
</div> <!-- end photoSwipe background -->
<!-- preloader
================================================== -->
<div id="preloader">
<div id="loader">
<div class="line-scale-pulse-out">
<div></div>
<div></div>
<div></div>
<div></div>
<div></div>
</div>
</div>
</div>
<!-- Java Script
================================================== -->
<script src="js/jquery-3.2.1.min.js"></script>
<script src="js/plugins.js"></script>
<script src="js/main.js"></script>
</body>
</html>