![\"\"](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/09\/noncustodial-bitcoin-cash-client-zapit-demos-in-wallet-slp-dividends-tool-768x432.jpg\")
<\/p>\n<\/p>\n
During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH<\/a> wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet.<\/strong><\/p>\n Zapit<\/a> is a bitcoin cash (BCH<\/a>) wallet that was released<\/a> on the Google Play store roughly five months ago. The wallet also supports SLP tokens and the team aspires to “build the best on and off-ramp to cryptocurrencies from traditional finance.”<\/p>\n According to the Google Play store description<\/a>, the client is still in beta and is “powered by a noncustodial escrow.”<\/p>\n Additionally, Zapit leverages the cashaccounts<\/a> protocol, which allows the wallet’s owner to send bitcoin cash (BCH<\/a>) to other Zapit users by simply entering their username. Zapit also registers a new cashaccounts name with either an existing name or a new one.<\/p>\n The developers have also added a referral program that rewards users with the firm’s custom SLP token ZAPT.<\/a><\/p>\n On September 5, the Zapit team’s Twitter account announced that the wallet’s latest update 0.1.8.6 is now live. Further, the team detailed it was working on a new dividends tool that disperses coins to a number of individuals.<\/p>\n “We have been working on a new dividends tool that’s built right into the wallet and it’s highly customisable and automated,” Zapit detailed<\/a>. “We are coordinating with a few token projects to demo the tool,” the announcement added.<\/p>\n The Twitter thread continues by showing a demo of the new tool. “Here is a demo of sending a BCH<\/a> Dividend to ZAPT holders with custom options,” the team said<\/a>. “The total supply is re-calculated based on the total tokens held by the addresses that will receive the dividend instead of the total supply of the token.”<\/p>\n In the demo,<\/a> the Zapit developers sent an airdrop of ZAPT to 900 addresses spread over 50 transactions. Bitcoin.com also offers a dividend tool at mint.Bitcoin.com<\/a> and among the myriad of services offered via tools.Bitcoin.com. <\/a><\/p>\n What do you think of Zapit’s dividend tool demo? Let us know in the comments section below. <\/strong><\/em><\/p>\n The post Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool<\/a> appeared first on Bitcoin News<\/a>.<\/p>\n![\"\"](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/09\/divids.jpg\")
<\/p>\n