Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: MRM on September 04, 2020, 09:08:21 PM
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On August 18, 2020, the Bitcoin ABC #DevelopmentTeam announced a “feature freeze,” which will include a new Infrastructure Funding Plan (IFP) and a week later explained it was also initiating a “governance council.” Despite the recent announcements, Bitcoin ABC has lost considerable support and it appears the project will separate from Bitcoin Cash come November 15.
During the last few weeks, there’s been a lot of contention among the Bitcoin Cash (BCH) community. The controversy really heated up after the Bitcoin ABC #DevelopmentTeam decided to adopt Jonathan Toomim’s ASERT Difficulty Adjustment Algorithm (DAA), but also included the controversial Infrastructure Funding Proposal (IFP) coinbase rule as well. If the rule was to be applied, approximately 8% of the coinbase reward would be set aside for infrastructure development.
Source: https://news.bitcoin.com/prepping-for-an-airdrop-prominent-bch-community-members-bid-bitcoin-abc-devs-farewell/
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However, an overwhelming share of the Bitcoin Cash (BCH) community does not support the IFP integration into the Bitcoin Cash codebase. A great number of big players, early adopters, developers, full node projects, businesses, miners, and crypto executives have all been very outspoken against the IFP addition.