Bitcoin Cash (BCH) proponents were introduced to a new project called the Cashweb protocol on Friday. The blockchain file sharing scheme allows people to store and load arbitrary data to the BCH chain. While the new protocol still has “a long way to go,” the developer decided to share his creation with the BCH community and show off the protocol’s possibilities. Even though a few people thought the project was “awesome,” the Cashweb conversation turned into a debate about whether or not data should be stored onchain in this manner.
Cashweb: Immutable File Storage and Retrieval — Powered by Bitcoin Cash
The Reddit user u/kentjhall presented a demonstration of “a summer pet project” he created called Cashweb. The Cashweb protocol allows people to tether arbitrary data to the Bitcoin Cash blockchain in a permissionless manner. The website cashweb.cash is interesting because everything on the website is stored and loaded from the BCH chain. “Everything down to the font,” the website’s creator emphasized. The web page is informative and gives a few examples of how the protocol works. Essentially the web page itself and the examples shown are a demo for the Cashweb framework, which “enables public, decentralized, immutable file storage and retrieval—powered by Bitcoin Cash.”
“Every asset on this page has been stored on the blockchain amongst hundreds of transactions, each of which is verifiably cemented across thousands of Bitcoin Cash nodes,” the website explains. “For example, you may have important court documents to immortalize on the Bitcoin Cash blockchain.”