Story Of BCHN : The Saviour For BCH (?)
Guys you've seen many posts related to BCHN and BitcoinCashABC now-a-days in 'Hot' section of Read Cash & the posts are written by very popular personalities in BCH world including @RogerVer & by @Cain @Telesfor and many more but I personally think that most of the people here at RC aren't from technical background and they didn't understand what is this going on and what the hell is this BCHN & BitcoinABC rivalry 😅 So as @georgedonnelly said in his one of the article that we should create more 'quality' (my addition) media about BCH which will help the growth of BCH Community & BCH itself. So in order to make new or nontechnical people familiar with BCH related technologies, this is my honest attempt to do that. So without making delay, *let's dive in...* What Is BCHN & What's The Reason Behind It's Origin ? The BCHN stands for 'BitcoinCash Node' and it's a open source codebase for a new full node project which has been rebranded from Bitcoin ABC, which is also a full node implementation of Bitcoin Cash protocol.
*(These nodes are related to the mining of specific cryptocurrency, I'll explain in my future article)* **The Beginning** On 15th May 2020 the Bitcoin ABC released the upgraded version 0.21.0 client, which includes some serious controversial changes to the BCH coin issuance, under which proposed that the miners of coin will have to pay 8% of all minted coins to a development fund from November (I didn't understand why they call it 'donation' 🙄) And this thing is going to hit Bitcoin businesses, miners, mining pools and eventually the whole BCH community. In my opinion this upgraded version and it's controversies would destroyed the vision and the purpose of the origin of BCH. So to tackle this serious threat for the future of BCH, the developer community of the BCH and also some developers from Bitcoin ABC including the 'FreeTrader' (he's one of the original BCH developer and also a former BitcoinABC developer) The new client i.e Bitcoin Cash Node (BCHN) isn't completely different from the upgraded version of the client of Bitcoin ABC, the difference will be the removal of the coinbase reward diversion code and its associated signaling and activation. **Goals of BCHN Project** The goals of the BCHN are listed on their official page but still I'll list some of the main goals here : 1) Short Term Goals Establish a professional mining node which listens to feedback and delivers measurable improvements. Provide well researched for consensus rule enhancements regarding DAA, 0-conf and script improvements. 2) Medium & Long Term Goals Demonstrate evidence based, collaborative decision making on consensus changes. Demonstrate sustainable client development based on wide ecosystem input and a transparent, voluntary funding model. Raise awareness that BCH must remain permissionless, useful and affordable to use in order to become the best money in the world. These are the few goals listed on the official website of BCHN, I thought these are the main and easy to understand, that's why I put them as it is. https://bitcoincashnode.org/en/goals **Supporters & Contributers Of BCHN** As I already mentioned the project is backed by very well known developers & BCH community members. The members also included their PGP signature to prove that they are supporting & involved in this project, the list of the people, their signatures & their messages is listed as follows : 1) ***Andrea Suisani*** Signature : H4dzATEN52+g0lWBPfYolfsDqNBON+IIkCPgfZo7iXE0QFg+EqbV0GRcSF515Fj7P5pgCMArayrbKxazekA9KhY= Message : Andrea Suisani (aka sickpig) of Bitcoin Unlimited is in collaboration with the Bitcoin Cash Node implementation for the May 15th, 2020 upgrade. 2) ***Calin Culianu*** Signature : G4lglKyDMfsLa663DmdHJIX7BH4HmdTzq2K6BK8l2z8wSq/yxBznWuVJfEZdVMr6b1Ds4SxfSNe1qRFLij4xgNM= Message : I, Calin Culianu (NilacTheGrim) of Electron Cash and Fulcrum, and as also one of the original ABC devs, am in collaboration with the Bitcoin Cash Node implementation. It should be the implementation used for the May 15th, 2020 upgrade. I endorse and support this codebase and will lend my 20+ years' C++ development experience to the project. 3) ***Dagur V. Johannsson*** Signature : IMLcZLcMsbwMhMw62IjQW/WtwcruS4wE4DGKlVTkuPHie6oxEIxJkFuBZQMyZM13mWz241khjPN/xZOElPlmb6Q= Message : I, Dagur V. Johannsson, contributor to Bitcoin XT, Bitcoin Unlimited, Bitcoin ABC and other Bitcoin Cash supporting open source software, endorse and support the Bitcoin Cash Node implementation for the May 15th, 2020 upgrade. 4) ***emergent_reasons*** Signature : IElqGO9KzOy+fCwJRnDwqAsn4DebcWX8jegu5sPArLTeSzXmdpWoGQGVpBlOGKYoHqjz+crPkgdAAYBmGE2JNgE= Message : emergent_reasons endorses the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade and pledges his support for at least 1 year. 5) ***Fernando Pelliccioni*** Signature : H3BGddvUCaTOMYGfntlqMX7SQCF1HkbcY4qGUz58FzGJcJb4F754y1whDir5E7ec71E5XNb6dmfUHlklRHcvQCk= Message : Fernando Pelliccioni of Knuth node (former Bitprim lead developer and Bitcoin ABC contributor) participates in, endorses and is willing to support the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade, while pledging his service on it for 1 year. 6) ***freetrader*** Signature : GzYnbDEUdN67nV9bt6JFHza/rLHCFhIo/iqg2THVk8I88aUj2N3lEZ/RH+pcbyY1em9dn+rFwqiRHDgXGrUZIAs= Message : freetrader participates in, endorses and is willing to lead and support the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade, while pledging his service on it for 1 year. 7) ***imaginary_username*** Signature : H1d6Ji+Jcw1lBZHJ7LzYKvNLOhN/OrueHzYMmBFt3nd/Kio/3+ZP4SgLDeuCgpOPboam0RP5v/XPiCY5YabM3fo= Message : imaginary_username participates in and endorses the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade. View more https://bitcoincashnode.org/en/newsroom/Announcing-Bitcoin-Cash-Node Now you can imagine that the need of the project and it's importance in the future of BCH. My personal opinion on this situation is that, this is the time where the future of BCH will be decided. And the success or failure of this project will decide & shapes the future of BCH. Recent Updates On BCHN Project From the latest updates from the BCHN the fund raising campaign for the project on Flipstarter has been successfully completed before 12 days of time limitations.
Congratulations 👏 to the team for completing the very first step successfully. Initially the project wasn't accepting donations in SLP (Simple Ledger Protocol) coins and lots of members were asking about it. Now the team behind the project has been solved the issue and now people can donate their SLP tokens to the following address. ***SLP Donation Address*** simpleledger:qrjv4klcn9z5kqeye3ps64pr6aa4mzux8cy776pm6k **Resources for BCHN Project** : 1) Official Website https://bitcoincashnode.org/en 2) Project on GitLab https://gitlab.com/bitcoin-cash-node/ 3) ***Donation BCH Address*** : bitcoincash:prnc2exht3zxlrqqcat690tc85cvfuypngh7szx6mk 4) ***Donation QR code***
So friends this is it from my side, I hope you liked this article and it helped you understand the current war going on in BCH community and trust me this is the time which decides the future of Bitcoin Cash. Let's hope for the best and promote BCH...!!
25 comments
Nice article dear. It really can help me for know something more.
😅 you've translated the whole article, I'm sure you have good idea about this
Yeah!!!Sure,let's hope for the best.I also thinks that BCH futures may be bright!!And also thanks to you dear for this infotmative article. Keep writing good article just like that.
Yes @Hiyamoni123 the future of BCH is indeed a bright one.
Nice article
Yeah. Nice and excellent article dear
Thanks @Panda 🙏
My pleasure dear
Hoping for the best, thanks for sharing nice article..
Yeah !!
Yeah,we really need more of BCH posts on here to educate every one of us about the coin and it's aims Thanks for the info man
I try to explain not only BCH but also other cryptos & even blockchain technologies here. This appreciation keeps me motivated to do so, thanks @Ericmannie
Whats the difference of bch and bchn? If i have bch token can i transferbit to bchn wallet without converting?
BCHN is a software part, you can call it client software or full node or node software. BCHN is an implementation of a BCH Protocol. In simple words BCHN is not a token it's a software. So there isn't any transfers possible as there isn't any token.
Ok sir now i get it... thanks
Yup, keep digging !!
No doubt everyone is shifting toward BCHN from ABC node. things are quite changed now lets see what will happen in November may be another fork from ABC as they are outnumbered by BCHN .
Yup, BCHN is now backed by miners, businesses and even from non-technical Community members. But let's see what happens in November.
This is so easy to understand. Well expected from you. Thank you so much😊
😃😃 thanks @Yayaya13
always welcome dear!
Wow, it's a great and informative article for us.I think it's goona be on the top like bitcoin we will support bch and will make it.Best of luck and keep going more sharing.
Yeah, definitely !! Someday the whole world will adopt BCH as the new form of money
The most simple and clear explanation of the problem I've heard so far. Big up
Yeah, thanks for the appreciation @viczwa