Our official opinion of the BCH Infrastructure Development plan.

Excellent news, not only will developers have a stable source of income, but BCH is developing its governance model of consensus-based decision making. It is important that all key stakeholders and influencers are included to avoid unnecessary community splits.

Eventually we would like to see more formalised protocols and mechanisms for effective governance. And, we would like to see the permanent removal of the block-reward halving.

submitted by /u/bitcoincashnotes_com
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source https://www.reddit.com/r/btc/comments/et28v5/our_official_opinion_of_the_bch_infrastructure/

Proof-of-Work In Colonial Maryland: Burning Tobacco For Paper Money, Burning Electricity For $BTC

submitted by /u/FLNI [link] [comments]

AMA: Jiang Zhuo'er, author of "Infrastructure Funding Plan for Bitcoin Cash"

I spoke with Jiang and he has agreed to come here to answer questions regarding his post from today.

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

It's daytime in Asia right now so he should be able to answer questions for the next several hours.

submitted by /u/BeijingBitcoins
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source https://www.reddit.com/r/btc/comments/esoi5s/ama_jiang_zhuoer_author_of_infrastructure_funding/

The infrastructure funding plan is not a tax

A tax is a compulsory contribution to state revenue. If you do not comply, government agents will lock you in a cage.

With the new funding proposal, if you choose not to participate, nobody is going to lock you in a cage.

If you choose to play checkers instead of paying taxes, you will get locked in a cage.

If you choose to play checkers instead of mining Bitcoin Cash, nobody is going to lock you in a cage.

This funding plan is an experiment where the miners are attempting to defend the future of peer-to-peer electronic cash.

The miners failed to defend peer-to-peer electronic cash when Blockstream crippled their BTC-fork. It looks like miners may have learned their lesson and are now wielding their hash-votes to protect the system.

Let’s give it a try.

submitted by /u/artful-compose
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source https://www.reddit.com/r/btc/comments/esnpmz/the_infrastructure_funding_plan_is_not_a_tax/

PSA: The next Bitcoin Cash conference is on 13th&14th August in Townsville, AU

The website isn't ready yet but I've been asked by the organizers to put this info out there. The old website is bitcoincashcity.com. I was at the last one in Townsville and it's really quite an experience. The real world adoption and BCH community will inspire you.

submitted by /u/jonald_fyookball
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source https://www.reddit.com/r/btc/comments/esnnsq/psa_the_next_bitcoin_cash_conference_is_on/

Yesterday Elon Musk talked Bitcoin!

submitted by /u/arbitcoin [link] [comments]

I represent a cartel comprising 51% of BCH miners. We intend to change the protocol to force our competitors to give us 12.5% of their income.

We pinky promise to use this money for “development” or the greater good or whatever and anyone without even a passing comprehension of human history will totally believe us and trust us.

Before you complain please remember that we have 51% of hash so we are MATHEMATICALLY incapable of making the wrong decision or doing anything that might harm bitcoin.

This could not possibly be another majority hash cluster fuck akin to the majority hash that chose to choke bitcoin adoption and growth by allowing blockstream to cripple transaction capacity, because MATH.

submitted by /u/MortuusBestia
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source https://www.reddit.com/r/btc/comments/esm4kt/i_represent_a_cartel_comprising_51_of_bch_miners/