Bitcoin Cash 12.5% Controversial Developer Fund to Raise over 7 Million Dollars + 200m in Funding

Bitcoin Cash BCH is preparing a very controversial hard fork where they will enable a 12.5% fee applied to every block reward mined to fund BCH development. This will raise over 7 million dollars currently?! Subscribe to VoskCoin –

Bitcoin Cash BCH miners for sale –
Used Bitcoin Cash BCH miners for sale –

Bitcoin Cash BCH has a new mining pool lead initiative to enable a 12.5% block reward fee starting in May 2020. This new development fee would be sent to a Hong Kong based entity that will distribute these funds as a new Bitcoin Cash BCH developer fund. Bitcoin Cash BCH recently was pledged 200 million dollars from Roger Ver’s firm, However, Bitcoin Cash is aiming to reduce enterprise donation influence on Bitcoin Cash and make it more of a community-funded effort, and thus top Bitcoin Cash BCH mining pools by hashrate such as, Antpool, ViaBTC,, and are aiming to enable this development fund.. even if they have to orphan Bitcoin Cash BCH blocks that are mined in opposition to this potential proposal!

Note this was originally cited to raise about 6 million dollars for Bitcoin Cash development, however with Bitcoin Cash BCH trading at $370 at the time of posting this video, the potential earnings from the proposed 12.5% development fee have increased significantly from the original $300 Bitcoin Cash number used in the calculations in the original proposal article.

Bitcoin Cash BCH coinmarketcap –
Infrastructure funding plan for Bitcoin Cash BCH –
Mining pool hashrate and distribution Bitcoin Cash – Roger Ver to invest 200m Bitcoin Cash –
Zcash to increase their founders reward –
ZenCash Horizen increased their fee 10-20% –

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Post Author: CoinCryptoNews