Bitcoin cash (BCH) community bids Bitcoin ABC Devs farewell

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Avatar for Gistqueen
3 years ago

On August 18, 2020, the Bitcoin ABC development team announced a “feature freeze,” which will include a new IFP and after a week, they later explained that it was also initiating a “governance council.” Despite the recent announcements, Bitcoin ABC has lost considerable support from a lot of people and it appears the project will separate from Bitcoin Cash come November 15.

During the last few weeks, there’s been a lot of contention among the BCH community. The controversy heated up after the Bitcoin ABC development team decided to adopt Jonathan Toomim’s ASERT Difficulty Adjustment Algorithm (DAA), but also included the controversial Infrastructure Funding Proposal (IFP) coinbase rule as well. If the rule was to be applied, approximately 8% of the coinbase reward would be set aside for infrastructure development.

Bitcoin Cash miners have been signaling BCHN or “Powered by BCHN” in the block’s coinbase parameters.

However, an overwhelming share of the Bitcoin Cash BCH community does not support the IFP integration into the Bitcoin Cash codebase. A great number of big players, early adopters, developers, full node projects, businesses, miners, and crypto executives have all been very outspoken against the IFP addition.

Those who are against Bitcoin ABC’s current direction include a myriad of engineers from full node projects like BCHN, Knuth, Bitcoin Unlimited, Flowee, Bitcoin Verde, Bitcoincashj, and BCHD. Businesses and organizations like Electron Cash, Bitcoin.com, the SLP Foundation, Read.cash, Zapit, Membercash, Lazyfox, and Cashaddress.org. There is now a new Bitcoin Cash web portal which is a directory for all things related to BCH

Source : Bitcoin news

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very interesting.thanks for this

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3 years ago