The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today.
Also Read: Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan
Bitcoin.com Will Not Support Plan Without Greater Agreement in BCH Ecosystem
Bitcoin.com has now announced it will not be going through with the original proposal for infrastructure funding until a greater agreement can be reached among ecosystem participants. In a post to the popular BCH discussion hub read.cash entitled Update on Developer Funding, Bitcoin.com clarifies:
As it stands now, Bitcoin.com will not go through with supporting any plan unless there is more agreement in the ecosystem such that the risk of a chain split is negligible.
Though the Bitcoin.com mining pool was one of five major groups in support of the move initially, contentious discussion and debate erupted as individuals from all backgrounds and degrees of BCH ecosystem involvement weighed in emphatically on the matter. Read.cash quickly became the go-to place for influential voices to support, question, or outright oppose the plan, with some whales throwing heavy support in the form of BCH rewards to authors.
Bitcoin.com maintains that “Protocol development in Bitcoin Cash is an important temporary phase to prepare for global adoption and as such, a funding proposal must be temporary.” Stating that the goal is “global, fast, reliable digital cash” the post concludes by assuring readers that any proposal putting this goal at risk needs to be reworked.
“Bitcoin.com will not risk a chain split or a change to the underlying economics,”
