I hereby announce my full support of the IFP and the ABC Fork of Bitcoin Cash.
Edit and update:
Based on the recent ABC announcement that they’re planning to “support” the BCH chain mined with BCHN, BU and others clients (while still threatening a reorg), I liquidated my ABC futures and I’m forever done with those filthy attackers as it’s obvious they’re playing dirty, trying to remain relevant, and are not genuinely interested in running an experiment where IFP is tested and where they’re paid for this effort.
Sorry Amaury, you did not even deserve this well-intentioned gesture where I really wanted to support your future endeavour, alas, you’re nothing but a dirty politician now and you’re a disgrace for all developers everywhere.
The below holds true for that ABC will still be a standalone experiment which has nothing to do with BCH, but they do not have my support anymore.
End of update
I hereby announce my full support of the IFP and the ABC Fork of Bitcoin Cash...AS STANDALONE COIN (ABC) AND A STANDALONE EXPERIMENT!
I am absolutely against the IFP being implemented on the Bitcoin Cash (BCH) Coinbase consensus rule set, because, like BTC's Segwit and Lightning Network, BSV's corporate focus, BTG's new PoW algorithm, and other Bitcoin-based experiments, it is NOT the Bitcoin experiment depicted in the Bitcoin whitepaper and originally introduced by Satoshi.
However, I am equally pro every single experiment being run in parallel to the original Bitcoin experiment (BCH) and forked out of it.
Actually, I would love a community effort to list every single possible Bitcoin variable that could be changed and forked as a new experiment, and I would personally contribute and finance every one of those experiments as long as it aims to achieve "Peer to peer electronic cash", regardless of which parameter(s) it changes in the Bitcoin experiment:
BTC: An implicit fork of the Bitcoin experiment which limits the Blocksize (unlike the original path of the experiment) and forces transactions to 2nd layers. A very interesting Bitcoin-based experiment indeed.
BCH: While being a hardfork of BTC (prior to the BTC implicit fork from the Bitcoin Experiment), it is the actual continuation of the original Bitcoin Experiment with the same original financial rule-set and scaling-parameters, meant to grow transactions on-chain with a focus on full-spectrum decentralization and peer-to-peer electronic cash as the heart and soul of the experiment. This is the the most interesting experiment and is the experiment which started it all!
BSV: A hard-fork of Bitcoin (BCH) which "locks the protocol" and has a focus on corporate governance and is governance-driven in general. An interesting, albeit less accessible, experiment as well.
ABC: A fork of Bitcoin (BCH) which aims to continue the original Bitcoin Experiment, and similar to BCH, it also has a focus on peer-to-peer electronic cash as a central use-case. ABC and through its 8% Coinbase-tax known as the "Infrastructure Funding Plan" introduces a new set of governance and development-driven consensus rule-sets, which is how it essentially differs from the original Bitcoin experiment. A very interesting experiment indeed!
BTG: A fork of Bitcoin (BTC) which aims to introduce GPU-driven mining. The insta/pre-mine renders this experiment as highly questionable from a governance perspective, but an interesting parameter-change experiment nonetheless.
With this being said, I hereby wish Amaury and the ABC team all the best on their new fork of Bitcoin and the new experiment they are planning to run - It is a very interesting experiment and thank you for choosing BCH as a snapshot and a genesis-block-fork for your experiment. I bought futures on ABC as it is an interesting experiment!
What other parameters could we experiment with? What other forks could there be? I would love to hear your input on ALL the potential forks of Bitcoin.
Thank you!
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