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@btcfork in February 2020

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U-DID what? **U-DID - U**ncoerced **D**onations via **I**nformation **D**iffusion In this post, I'll sketch out **U-DID**, a funding *system* - yes, not a plan, but a *system*, which would operate *using* Bitcoin Cash, and would have the following pleasant properties: https://read.cash/@btcfork/u-did-what-f101a1a3#u-did-uncoerced-donations-via-information-diffusion ✔ no protocol change required ✔ 100% voluntary (not forcing anyone to use it) ✔ permissionless (can't stop…

@btcfork

U-DID demo, part 1 **U-DID - U**ncoerced **D**onations via **I**nformation **D**iffusion It is a funding system designed to run on Bitcoin Cash or similar chains, without needing protocol changes. Refer to conceptual introduction post. https://read.cash/@btcfork/u-did-what-3ee6cc03 Creating and publishing my first U-DID intent I said U-DID should be easy, so let's see. My intention in this little 2-part demo is to provide some funding to the 5 main BCH protocol client dev…

@btcfork

U-DID demo, part 2 (fulfilment) **U-DID - U**ncoerced **D**onations via **I**nformation **D**iffusion It is a funding system designed to run on Bitcoin Cash or similar chains, without needing protocol changes. Refer to conceptual introduction post. https://read.cash/@btcfork/u-did-what-3ee6cc03 In Part 1 of this demo, we saw how anyone with a Memo account can easily create a funding **intent** message and commit to it by anchoring its hash on the BCH blockchain, using an…

@btcfork

开发税旨在使投资者受益,但反会使我们腐败 本文翻译于 Peter R. Rizun (Bitcoin Unlimited) 撰写的英文原件 This is a translation of the English original article written by Peter R. Rizun (Bitcoin Unlimited). https://read.cash/@PeterRizun/the-best-of-intentions-the-dev-tax-is-intended-to-benefit-investors-but-will-corrupt-us-instead-deb0dd72 拟议中的开发服务费(或开发税)出发点虽然良好,却将腐化BCH。它与我们的核心原则以及比特币作为点对点电子现金的存在都相距太远。在本文中,我将先解释拟议的服务费计划如何运作,然后再讨论为什么它不应出现在分散式数字现金系统中。 什么是开发者服务费提案? 2020年春,新的比特币供应将减少到每区块6.25…

@btcfork

Bitcoin Cash Register: subtitle translation update #3 It's about time for another update on this! I bet most of us got a little distracted with all the heated debate around the dev funding efforts. Added since last time I'm very happy that a number of language subtitles were added since the last update. Filipino - thanks to @sjbuendia who translated & @GoatPharmer for review comments! Italian - thanks to @WoodooProd and @sickpig for review! Portuguese (Brazil) - thanks to…

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Illustrated central planning / tax rate thermometer

@btcfork

btcfork resumes sale of CGTOW tokens for BCH dev fundraising In June 2019, I sold CGTOW tokens to assist with raising funds for BCH development. https://np.reddit.com/r/btc/comments/bzq3at/cgtow_token_100_of_sales_until_1_august_2019/ The way it worked was that holders could buy 1 token for 1 BCH, and tell me whom they would like that 1 BCH to go to, and I would direct the funds to the requested project(s), and the buyer would get a CGTOW token as a commemorative token…

@btcfork

CGTOW token logo design (bounty contest) You may have read my post about the CGTOW SLP token I put on sale again. If you didn't, don't worry. https://read.cash/@btcfork/btcfork-resumes-sale-of-cgtow-tokens-for-bch-dev-fundraising-cfb52a48 I'm looking for a graphical logo for the CGTOW token, and that's why I put out a bounty using a U-DID bounty announcement on Memo: https://memo.cash/token/2cb2c5a9076714672b4b5357a95f5f2545cd5ee04a6abce8ebf19bfb6fcf95a5?for-sale…

@btcfork

U-DID overview diagram (v1 brainstorm) Below is a diagram I made to show what I currently see U-DID doing in v1. It isn't extremely detailed, because it's meant to be an overview 😀 https://read.cash/@btcfork/u-did-what-3ee6cc03 If you haven't read the concept post at all, you might be better off reading that first and then coming back to this diagram. https://read.cash/@btcfork/u-did-what-3ee6cc03 The diagram is up here for discussion (and will probably link to it from the…

@btcfork

U-DID: looking for a graphical logo (SVG) There's a bounty of 0.1 BCH out for a graphical logo for U-DID. Winner takes all - **submissions must be in Scalable Vector Graphics** (SVG) format. Competition runs until Saturday, February 22, 2020 12:00:00 PM GMT, see the bounty announcement and clarifications on Memo here: https://memo.cash/post/00ec6e1622f0dab9d2a4ef0cf7b884acb86b9cae496b5217e21e080a78abbacb I don't want to limit your creativity on this one. What can guide you…

@btcfork

U-DID: bird's eye view (chain & users) Further information U-DID overview diagram (more about protocol messages / flows) https://read.cash/@btcfork/u-did-overview-diagram-v1-brainstorm-6e28f505 U-DID community on read.cash: https://read.cash/c/u-did-development-b64a U-DID v1 discussion thread on read.cash forum: https://read.cash/forum/bitcoin-cash/discussion-of-u-did-protocol-version-1-things-99646888 Project repository (doc / spec for now): https://gitlab.com/btcfork/u-did…

@btcfork

U-DID: ways to follow the development Okay, I recently suspected that people who had replied to the forum thread (Discussion of U-DID protocol version 1 "things") were not getting further notifications on activity in the thread. https://read.cash/forum/bitcoin-cash/discussion-of-u-did-protocol-version-1-things-99646888 So if you have commented in that thread, and would like to keep up with updates I post there, please go to the thread and click on the grey bell icon 🔔 at the…

@btcfork

Looking for a free market champion I hope Bitcoin Cash can avoid a split about this funding proposal, but I haven't seen the encouraging sign I need to see, which is proposers taking the main point of dispute - the block orphaning aspect - out of it. Before Bitcoin Cash was created in 2017, there was a lot of preceding discussion. Most people who had good data, knew that it would face a struggle, splitting off from Bitcoin BTC as a hard fork with minority hashrate. However,…

@btcfork

How can we *really* tell if miners are pro-BCH? [This is a response to this article by Big-Bubbler] https://read.cash/@Big-Bubbler/how-can-we-tell-if-pro-bch-miners-are-willing-to-donate-block-rewards-to-bch-developers-2d50557c It's relatively simple. *Look in the Bitcoin Cash blockchain.* See which miners are donating from their block rewards to some BCH developer addresses. Those are **definitely** pro-BCH miners. Now, what about those that don't do this? *Are they…

@btcfork

Proposal for wallets to help strengthen loyal mining & devs This proposal is mainly in the context of the BCH "funding debate", but there is no reason its concepts could not be applied to other blockchains. *The "wallets enabling easier donations by users" is not a new suggestion, but the 2nd part of my proposal covers an added mechanism to reward loyal miners. I've not seen that proposed, but in case someone already did before, I'm not necessarily claiming novelty here, I…

@btcfork

CGTOW token logo bounty awards! Well, this was a very tough choice, because there were lots of great entries! Thanks to the all the participants: @arslankhalid, edmar, @glorybretana0102, @sjbuendia, Chenzuee and PinoyLanguage ! **Here was the entire field of choices:** In the end I had to take into account which images do best even when scaled down quite a lot, and it was still a tough choice. Don't be disappointed if you didn't win the main prize, every participant should…