This is what decentralized development looks like: Bitcoin Cash (BCH) (No-IFP) 2021 Upgrade Plan Already Being Discussed

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source https://www.reddit.com/r/btc/comments/i50iu1/this_is_what_decentralized_development_looks_like/

Is deadalnix testing true Nakamoto consensus?

https://medium.com/@robertmuncaster/is-deadalnix-testing-true-nakamoto-consensus-64ba44a9e37f

submitted by /u/mcmuncaster
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source https://www.reddit.com/r/btc/comments/i5141a/is_deadalnix_testing_true_nakamoto_consensus/

IFP isn't a tax nor a payment

You can be pro or against the IFP for some reasons, but if you are against it because you think that it is a tax or a payment from the miners, you are wrong or worse ... or a liar.

Miners are NOT forced to give all their hash power and then get a cut of 8% of the prize.

So, what they will do will be just giving less 8% of their hash power that are giving now.

They will lose "nothing".

So again it isn't a tax nor a payment.

This without counting that if the money that will arrive to fund the development will be used well, so with the development of new good features, the bch price will probably increase more then 8%.

Miners then will give way more hashing power then now and more of the previous 8% cut.

What if the money from the 8% of the coinbase will be used badly? (no development)

Holders will then sell and miners are NOT forced to mine BCH, they can just go back and mine BTC.

There is a fork every six months, so if the current IFP doesn't work well, other devs can propose their fork without it, or with different address/es easily.

This means that devs must give results every six months to maintain the IFP on their favour.

submitted by /u/HostFat
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source https://www.reddit.com/r/btc/comments/i52lmp/ifp_isnt_a_tax_nor_a_payment/

Announcing Human Rights Foundation's Bitcoin Development Fund

submitted by /u/Bitcoin_to_da_Moon
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Is lightning ready enough for a large corporation to adopt it?

What would the failure rate of transactions look like. I guess it depends on different factors such as a direct connection vs routes?

I would really like to see a large grocery store chain adopt lightning.

submitted by /u/BitcoinIsSimple
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Hot in Peru

A friend of mine in Peru just asked me to help her buy some Bitcoin. She's a lawyer and says she's been hearing more and more about it each day. Good news

submitted by /u/SixStringSuperfly
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Supply scarcity reminders for all.

Everyone knows that scarcity of bitcoin is increasing and that the last bitcoin will be mined in 2140. However, bitcoin is going to get much scarcer much sooner than 2140. Here are some rough estimates.

1. Today ~88% of all bitcoin have been mined.
2. 2022 ~90% of all bitcoin have been mined.
3. 2025 ~95% of all bitcoin have been mined.
4. 2030 ~98% of all bitcoin have been mined.
5. 2034 ~99% of all bitcoin have been mined.

From the year 2034 to 2140 (106 years), the remaining 1% of all bitcoin that will ever exist will be mined.

Several decades from now, work will begin on mining the final coin. Mining that final 1 bitcoin will take many decades more.

There will come a time when owning a whole bitcoin will be an almost mythical situation that is very rare.

submitted by /u/freebit
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