How Spend Tokens work in SIGNUP Bitcoin Cash DApp wallet

By August 10, 2020DApps
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”While some may prefer that Bitcoin ABC did not implement this improvement, this announcement is not an invitation for debate. The decision has been made and will be activated at the November upgrade.”

”The Coinbase Rule improvement is as follows: All newly mined blocks must contain an output assigning 8% of the newly mined coins to a specified address.”

I find it funny how the article is a lengthy belaboring of the point, all the way until the very end where he at last forcibly “tells us” what’s going to happen whether we like it or not.

This is not how you engage with the community. This reads more as an openly stated attempt at theft.

Amaury just got done changing the DAA because of widespread community disagreement (albeit without admitting this was why).

Now, his response is to repeat the same behavior of putting in a change that was previously widely disagreed with, an “8% payment to a specified address” (Infrastructure Funding Plan). Does he really think the community will allow this to pass when the community just banded together against his attempted forceful changes of the DAA, and previously banded together against the IFP?

I believe this shows a desperate, last-ditch effort and my prediction is that Amaury will quit Bitcoin Cash development once this last ditch attempt fails to put in place the IFP (for the second time). With this level of desperate action, Amaury clearly won’t continue to work on ABC without the extra funding and so this is his last stand— to try to take it forcibly.

It’s actually quite comical that he thinks he could get away with this. It’s like tacking on a bill at the end of another bill, in hopes that one will get passed and drag the other along with it. This might work in traditional politics, but the Bitcoin Cash community is not stupid and has clearly demonstrated it will stand up against such ridiculous developer behavior.

I appreciate Amaury’s past, constructive contributions for Bitcoin Cash, but Bitcoin Cash is a team effort. And I believe the team of users, miners and developers is going to say ”Bye” to ABC.

I think this will be the end of ABC, and Bitcoin Cash will be better for it.

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