BitcoinABC (BCHA) say that with Infrastructure Funding Plan (IFP) called the coinbase rule, which reinvests 8% of each BCHA block reward to fund future development will help BCHA scale to become sound money for the world.

Bitcoin Cash (BCH) supporters, on the other hand, believes that IFP is a "Statist's solution to funding" and voluntary donation model can help fund infrastructure to allow Bitcoin Cash to thrive and succeed.

So why the difference in opinion?

To answer this, we need to explain the technical differences between BitcoinABC's coinbase rule and Bitcoin Cash's voluntary funding model.

On January 23, 2020, the Infrastructure Funding Plan for Bitcoin Cash was published by Jiang on medium. The IFP proposal was strongly opposed by the community and all the discussion around the IFP was extremely stimulating. A group of developers created a fork version of the ABC software without the IFP called Bitcoin Cash Node (BCHN). Flipstarter, during that time was also born and carries the idea of voluntary funding.

During the launch of Flipstarter, there were 6 historical campaigns. BitcoinABC being unable to receive enough support from the community to raise a successful flipstarter pursued its own way and forked from BCH last November 15, 2020. Bitcoin Cash ABC (BCHA) was born.

The Separate Ways

BCHA pursued IFP, every 8% of its block reward is reinvested to fund future network development.

Building the BCHA Network

• 0.22.6 node software

• 0.22.7 node software

• Resource Page for BCHA services

• Cashtab

• Electrum ABC

• Guide to help users split their coins between BCH and BCHA

• Set up gRPC and other API services to help developers work with BCH

This is what IFP have achieved.

[ Note : There is no report for December 2020, so currently this is only the public information available ]

BitcoinABC November 2020 Income

286.5612936 BCH

265.939859415 BCHA

BitcoinABC November 2020 Expenditures

416.408549 BCH

Bitcoin Cash (BCH), on the other hand, continues to build through voluntary funding model

Building the BCH Network

• EatBCH

• BCHD

• Bitcoin Verde

• Bitcoin Cash Node

• Knuth

• Cultura BCH Ryver Venezuela Organic Education and Adoption

• mainnet.cash

• bitcoincashj

• BCH DevÇon III

• Integrate BCH at Bitfortip

• Help Mark Lundeberg work on Bitcoin Cash

• Electron Cash Flipstarter

• KNUTH NODE AS A C#/. NET LIBRARY

• Venezuela Workers Fundraising

• Gameflame.cash Flipstarter Campaign

• EatBCH: Helping those in need and increasing adoption

• BCH on Coinkit

• Fund jtoomim for 3 months of BCH dev work

• Rust Tournament Fundraiser-Frag Mod

• Funding for an Alternative Fullnode Implementation written in JavaScript

• Satoshichip.io-Crowdfunding

• member.cash flipstarter

• BitcoinCash Site: A Marketing & Business Onboarding Hub for Bitcoin Cash

And some other successful flipstarter campaigns here.

Bitcoin Cash's voluntary funding have successfully funded 47 projects and raised 6021.73 BCH (at the time of writing)

Deassembling the Myth, IFP is the best fund option

The IFP is simply not the best fund option because it is not. Voluntary funding model have shown that it can do a lot to

secure a bright future for Bitcoin Cash

through voluntary funding. It had also provided

an adequate level of stable funding

to developers, holders, miners and pools, and anyone who wants to organize a fundraise so that

Bitcoin Cash remains a strong and vibrant cryptocurrency

which are originally the goals stated in the IFP's proposal introduction.

________________________

REFERENCES

https://medium.com/@jiangzhuoer/infrastructure-funding-plan-for-bitcoin-cash-131fdcd2412e

https://read.cash/@tula_s/flipstarter-vs-ifp-b0a9915f

https://blog.bitcoinabc.org/2020/12/30/our-transparency-report-for-november-2020/

https://flipstarters.bitcoincash.network/#/completed (thank you @Omar for helping me find this)

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