this post was submitted on 02 May 2025
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How BCH Will Make Monero Obsolete - The Bitcoin Cash Podcast (odysee.com)
submitted 1 week ago by CashDragon@realbitcoin.cash to c/monero@monero.town
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[–] CashDragon@realbitcoin.cash 1 points 1 week ago

Well it is a bit too early to know exactly how it would work in detail.

The gist is that you could buy BCH then lock it in a contract and mint the private token then use that in a private fashion. So if you spend it with someone then you would lose control over the BCH you locked up and that person who now holds the private token can unlock the BCH and burn the token or just keep the token.