RATE Group | BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Prop…
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BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Prop…

26 Jan BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Prop…

Posted at 09:07h in Bitcoin News by

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BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal

Since Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions. Reactions have ranged from calling the move a “tax” that is incongruous with the foundational values of bitcoin, to support and ideas on how to best implement the plan. While the inundation of opinion and emotion has been noisy, a few prominent community leaders and groups with real ‘skin in the game’ have weighed in to clarify.

Also Read: Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards

BCH Funding Proposal in a Nutshell

The infrastructure funding proposal was revealed to the community at large on January 22, via an article posted to Medium by Btc.top founder Jiang Zhuoer. It opens:

“We, a group of miners representing a…

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