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Yesterday BitcoinABC released version 0.21 of their client. In this release a consensus rule
is included that requires all BCH miners to pay 5% of their block subsidy and 5% of the fees
they receive to a set of up to 4 BCH addresses
. These addresses are controlled by:
- Electron Cash
- "General Fund"
This significant change in the protocol is to be activated using a BIP9 method. It will activate when at least 66% of 2016 blocks
are produced by miners running their new release. There is no end date for the tax
once it has been activated, so it will go on indefinitely unless manually removed with another hardfork. This is occurring in the context of an almost unanimous opposition by the BCH ecosystem of businesses, miners, projects and users.
This is something that they are fully aware of and have decided to ignore and push ahead anyway.
While it is of course true that the community needs to make sure there is sufficient funding for the projects within the BCH ecosystem that deserve it, and that the funding is provided voluntarily, there are currently numerous efforts under way to create software that makes this as simple as possible. For example, Flipstarter
, , and pool Donations
. There is also a significant amount of will in the community to provide funding if sensible and concrete proposals are put forward.
This change is not only a fundamental change to the properties of Bitcoin as described in the original whitepaper, but has the high likelihood of causing a major split if the entire ecosystem does not work towards stopping it from happening.
Many of us are now organising an effort to oppose this fundamental change. We need as much of the ecosystem as possible to put their effort into stopping this if you don't want this to happen, so please join us at:
In the interest of showing again just how much of the ecosystem is against this change I have added the list again below.
Businesses, Infrastructure, Projects & Institutions
- Andrew Stone
- ftrader (one of the creators of BCH)
- Jonathan Silverblood
- Thomas Zander
- Tom Harding
- Peter Rizun
- Peter Tschipper
- Jonathan Toomin
- Josh Ellithorpe
- Tobi B
- Julian Smith
- Andreas Brekken
- Olivier Janssens
- Roger Ver
- arruah (miner)
- Mike Komaransky
- Collin Enstad
- Justin Bons
- Richard Brady
- Alexander Levin