Fund of financing of Bitcoin Cash continues to stir controversy in your community

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Miners of Bitcoin Cash will have to contribute with 5% of the reward, according to new agreement. Rizun, Bitcoin Unlimited, it believes that the fund puts in danger the decentralization of the network.The developers of Bitcoin Cash has decided to support the controversial fund proposed by several pools, which imposes a funding fee to the miners of the network. To avoid further controversy, have decided to make a series of amendments clarifying its use. However, the initiative has only sparked even more controversy, revealing and even hostility in the community of cryptocurrencies.In the statement, published on the blog of Bitcoin ABC, it is pointed out that it is necessary to create a method to finance the development of the blockchain. Because of this, support the proposal of Jiang Zhuoer, pool BTC.TOP, who devised a financing plan of six months which worked by using a fixed fee in the reward for mining. The idea is based on the mining of Bitcoin Cash surrender a part of his reward to build a fund to cover infrastructure expenses.The proposal, which initially was supported by groups like Antpool, ViaBTC and even Bitcoin.com, generated a wave of rejection. The community considers that the same is a practice that goes against the decentralization of Bitcoin Cash and is harmful to mining. In the original plan provides for the criminalization of all those transactions whose miners do not contribute in the fund. What at first can be a measure to motivate the contribution, at the end can be translated as a rule that supports censorship.To lessen the controversy, the developers of Bitcoin Cash they decided to publish new specifications on the fund. One of the most important points to highlight is that the measure will be incorporated into the code of Bitcoin Cash, which will be activated only with the consensus of the groups of mining.The miners, in addition to, and shall not assign the 12.5% of their bounty for the blockchain as a principle had been raised. Rather, for each block mined will go to 5% of the reward to the fund. In addition, The fund may be used for various projects of public good, which form a white list. For example, initiatives of Bitcoin Cash, Debit Cash and BCHD may receive money from this fund.

The controversy has revealed hostilities

“Taxcoin, Taxcoin,” reads the social networks to seek feedback on the new funding pool of Bitcoin Cash. The name created by members of the community of cryptocurrencies would mean in Spanish “currency tax”, a taunt that shows the dissatisfaction with the new measures. But the fighting they have not remained only in the harmless teasing, and also personalities in the ecosystem have been reports of weight against developers of Bitcoin Cash, considering that they want to take over the blockchainPeter Rizun, chief scientist of Bitcoin Unlimited, tweeted that a small group of developers, Bitcoin Cash he planned to “capture” the network and issue coins “for their friends”. In his complaint he highlighted the name of Amaury Séchet, who is known as one of the leading designers of Bitcoin Cash.

Rizun stressed that the blockchain can be compromised if you alter your code to introduce a fund of funds. Since, according to your view, would a project be decentralized to become an initiative led by an elite of developers. Although the words of Peter Rizun emulate the thinking of a large part of the community, the developer of Blockstream Gregory Maxwell what is described as an act of a hypocrite.By means of a post on Reddit, Maxwell pointed out that the project Bitcoin Unlimited has funding thanks to an internal fund where 95% of his income is in bitcoins. The developers devised this plan to keep the initiative, to be a controversial practice since he has never switched their savings to Bitcoin Cash. Gregory Maxwell pointed out that Rizun gave no solution to the problem, when you could easily share the background of Bitcoin Unlimited with Bitcoin Cash.But is that beyond a complaint, certain personalities seem to be looking to revive old conflicts of the ecosystem. The developer Amaury Sechét, the main focus of the criticism of Rizun, resigned in mid-2019 to the community of Bitcoin Unlimited. The reasons for his resignation were clear, the environment with some of the members of Bitcoin VS and Unlimited was “openly hostile”. A treatment that has been maintained in recent months and seems to want to perpetuate, after all, both projects decided to split for the second time.

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