Topic: BCH: Miners should donate...or else - page 2. (Read 203 times)
Looks like end is coming for BCH. It is better that miners shift to other projects than stay with them and pay for mining the coin. This is kind of crazy. Pay fee to mine.😀
This is ridiculous, I don't want to even mention their wormhole protocol, a huge code bomb into bch with many exploits, some already exposed.
They plan to mine BCH alone or oblige miners give them 12.5%, lets see how this will end.
They plan to mine BCH alone or oblige miners give them 12.5%, lets see how this will end.
I don't really follow the development of this coin but I came across this blog on twitter - Infrastructure Funding Plan for Bitcoin Cash
They will be requiring miners to "donate" 12.5% to support the bcash ecosystem and anyone who doesn't follow will have their blocks orphaned.
This must be the new method for "crowdfunding" now (miners turning into donors)
Don't you guys think this move makes the whole bcash project centralized?
It appears that the current investors funding bcash are no longer willing to pump more into the development fund. Also, if more miners will not approve this, the whole project could go down. What would Roger do if that happens? Increase bock size again?
(source)
They will be requiring miners to "donate" 12.5% to support the bcash ecosystem and anyone who doesn't follow will have their blocks orphaned.
Quote
To provide this funding, we intend to direct 12.5% of BCH coinbase rewards to a fund that will support Bitcoin Cash infrastructure.This funding will last for 6 months, and it will provide significant and much needed support to the Bitcoin Cash ecosystem.
Quote
To ensure participation and include subsidization from the whole pool of SHA-256 mining, miners will orphan BCH blocks that do not follow the plan. This is needed to avoid a tragedy of the commons.
This must be the new method for "crowdfunding" now (miners turning into donors)
Don't you guys think this move makes the whole bcash project centralized?
It appears that the current investors funding bcash are no longer willing to pump more into the development fund. Also, if more miners will not approve this, the whole project could go down. What would Roger do if that happens? Increase bock size again?
(source)
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