cross-posted from: https://realbitcoin.cash/post/31779
Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.
This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.
Have a look @ https://bchpump.cash/pump
The tokens get deployed on Cauldron DEX https://app.cauldron.quest/
The issue is XMR outputs are locked for 20 minutes after being received, BCH outputs are immediately spendable.
0-conf transactions on BCH are very safe because it would take a massive effort to mess with the mempool. That being said if I was sending 100 BCH I would wait for a conf. However in 99% of scenarios the TX is instant, this allows for great DEX experience.
What is 0-conf? Are BCH transactions instant? - https://bitcoincashpodcast.com/faqs/Tech/Other/what-is-0-conf