Building a Solid Foundation for Bitcoin Cash Businesses
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2020 Bitcoin Cash Protocol Development Fundraiser
5 Billion Daily Users — or BUST
Bitcoin ABC develops, maintains and secures the most essential Bitcoin Cash infrastructure, our full node software which is used to mine almost every Bitcoin Cash block.
Currently, 90% of Bitcoin ABC developer time is absorbed with keeping Bitcoin Cash secure, running and updated. We must dedicate most of our minimal resources to “running in place” as we ensure the Bitcoin Cash network transcends scaling bottlenecks and remains up to date with the fast-moving Internet.
Progress on new Bitcoin Cash scaling features barely registers in our workload at this time. The Bitcoin Cash roadmap requires major changes to the codebase. These changes will require ongoing maintenance responsibilities much greater than those we have now.
The good news is that the work Bitcoin ABC has completed so far — on backports, cleaning up technical debt, implementing automated testing infrastructure and more — has us well-positioned now to make rapid progress on new features and significant improvements to the Bitcoin Cash protocol.
Securing adequate sustained funding will enable us to assume these obligations.
Bitcoin Cash must scale to meet the daily payments demands of billions of users. We must realize the vision of censorship-resistant P2P electronic cash for the world.
We need your support to scale Bitcoin Cash. We can only do this together.
Will you join us?
Get up to Speed
Click here to read and comment on the Bitcoin ABC business plan. Or click on any of the articles below to read them. 对于中文版本，请访问read.cash/@Bitcoin_ABC。
Bitcoin ABC 2020 Funding Goal
USD$3.3 million or ~14,500 BCH
Deadline: 15 May 2020
- Progress 55.10%
Your Funding Options
By popular demand, Bitcoin ABC offers you multiple ways to fund Bitcoin ABC’s Bitcoin Cash protocol development work.
- Use Perks to make a recurring donation. Get your image and a link back on the BitcoinABC.org homepage.
- Use Buckets to signal your support for specific projects. Keep in mind that the order of development is dictated by technical needs and resource availability. Some things are best done before others to save time and money, and avoid unexpected problems.
- For Corporate Sponsorships, such as miners and other major Bitcoin Cash businesses, please schedule a presentation of the Bitcoin ABC business plan with us via email at [email protected].
- Use Flipstarter to pledge your support in the anyone-can-pay transaction / assurance contract the Flipstarter developers are running for Bitcoin ABC.
1. Buy a Perk: Your Logo on BitcoinABC.org
Support Bitcoin Cash protocol development and we will publish your project logo or individual photo with a link back on BitcoinABC.org until 30 Apr 2021, subject to an approval process. Bitcoin Cash miners and businesses please see option 3 below.
Project Sponsorship
Get your project or small business logo on the front page of BitcoinABC.org with a link back. Great for building buzz, connecting with new collaborators and gaining new clients in the Bitcoin Cash ecosystem.
USD$1,000 per year
Individual Sponsorship
Get your individual photo or avatar on the front page of BitcoinABC.org with a link back. Great for growing your reputation in the space, getting Twitter followers and connecting with new business opportunities.
USD$500 per year
2. Donate via Funding Buckets
Signal your support for specific development projects. See the business plan below for full details on these projects. NOTE: The order of development is dictated by technical needs and resource availability. Some things are best done before others to save time and money, and avoid unexpected problems.
Mempool Overhaul
This includes high-priority non-consensus improvements, primarily re-working the mempool code paths. This is a large project that will provide multiple basic improvements to Bitcoin Cash, including improving the unconfirmed chain transaction limit and better scalability.
Goal: 2,000 BCH
bitcoincash:prs4yt94zn6kkh5shet0d6m8utra5eg5qsv3p73peh
BitcoinABC2020Mempool#65145
- Progress 0.3710%
Take Code Ownership
In order to realize the Bitcoin Cash vision, Bitcoin Cash needs to chart its own path and establish its own technical leadership. We must break from the anti-scaling technical decisions of Bitcoin Core. Lack of adequate and sustained funding for Bitcoin ABC is a blocking issue on this front.
Goal: 5,000 BCH
bitcoincash:pzhu8v4049fruqgferuxnd0r5n97mzjyzu9kutd7j7
BitcoinABC2020CodeOwnership#65146
- Progress 0.1934%
Avalanche
Bitcoin ABC is building the Avalanche pre-consensus system on Bitcoin Cash to enable new use cases, strengthen existing ones and provide a world-class cryptocurrency user experience (UX) in order to enable BCH to onboard hundreds of millions of daily active users.
Goal: 2,500 BCH
bitcoincash:pzsxjcrux6509ztuwhs4020eaqnngmgevq9d6fmfm6
BitcoinABC2020Avalanche#78706
- Progress 2.6451%
General Scaling Fund
As always, you can make a simple donation to support Bitcoin ABC.
simpleledger:pqhh8p4xjka30qgu94hqzntx7ek0szw57q2kdrmp50
USDH, SPICE, DROP, SAI, etc.
Limited by fiat? Be a part of the Bitcoin Cash evolution for global liberty and prosperity. Buy BCH with your legacy money from exchanges such as CoinEx, Coinbase, Kraken, Uphold or many others, peer-to-peer via local.bitcoin.com, or in-person at a local ATM. Exchange BTC for BCH at Cryptophyl or any cryptocurrency for BCH via sideshift.ai or shapeshift.com. NOTE: We do not guarantee your results with these services, which are independent from and unrelated to Bitcoin ABC.
With the financial crisis looming, the importance of digital cash will become more critical than ever before. Bitcoin Cash has the best chance to make this a reality, and the window of opportunity is now.
However, Bitcoin Cash’s infrastructure has been underfunded, which has led to brain drain and long standing issues left unaddressed. If the situation doesn’t change, then Bitcoin Cash might see a once-in-a-decade opportunity pass by without seizing it.
Bitcoin ABC has been powering Bitcoin Cash’s infrastructure since its inception. But like Æsop’s hare, Bitcoin Cash might find its favorite position as digital cash contested by a competitor which already started running. This is why I’m asking you today to help us have the resources we need to start running today and continue to do so for the foreseeable future.
3. Purchase a Corporate Sponsorship
If you represent a Bitcoin Cash miner or other Bitcoin Cash business, please schedule a personalized presentation of the Bitcoin ABC business plan with us via email at [email protected]. Let’s talk about how we can grow together.
4. Donate via Flipstarter
Donate to Bitcoin ABC using the Flipstarter “fair-funding” tool with an anyone-can-pay transaction / assurance contract, thanks to the developers at flipstarter.cash. Keep in mind that your Flipstarter pledge only becomes effective if we reach our specific Flipstarter goal amount of 1,000 BCH. EXPIRED.
The Bitcoin ABC 2020 Business Plan
Bitcoin ABC develops and maintains the free and open-source full node Bitcoin Cash software that forked Bitcoin Cash from Bitcoin Core and has mined, and continues to mine, almost all Bitcoin Cash blocks, ever. Bitcoin ABC has played a key, founding role in creating and maintaining billions of dollars in value for Bitcoin Cash businesses and users.
Our goal is to build a solid, trustworthy platform that you can build profitable Bitcoin Cash businesses on top of. We are enabling Bitcoin Cash miners, in particular, to achieve greater efficiency, and therefore greater profits.
Open-source software is notoriously hard to monetize, but Bitcoin ABC has a strong funding plan that offers Bitcoin Cash miners, exchanges and other businesses the opportunity to sponsor Bitcoin ABC infrastructure development and get concrete benefits in return.
Bitcoin ABC is a cost center. The profits from our software engineering work are captured by Bitcoin Cash miners and other businesses. Therefore, we require ongoing, annual funding to continue operating. This is required to assure the future of Bitcoin Cash and the Bitcoin Cash vision.
We seek your feedback and participation in our sponsorship plan. We stand ready to hear your needs and see how Bitcoin ABC can help you achieve your goals.
Join us in building censorship-resistant P2P electronic cash for the world and realizing the vision that is Bitcoin Cash!
We are excited to embark on the Bitcoin ABC 2020 Funding Campaign, and go all out to secure stable infrastructure funding for Bitcoin Cash. The Bitcoin ABC project has been dedicated to building Bitcoin Cash since its creation. We want to build BCH into an unstoppable force that bests the competition, and achieves the goal of being a civilization-changing technology.
We seek the funding required to build the world-class team we need to achieve this lofty ambition. Our goal is to create sound money that is usable by everyone in the world.
Please join us in making this goal a reality.
Testimonials
Bitcoin ABC is leading the way in our common goal to scale Bitcoin Cash for billions of daily users. Show your support. Tell us why Bitcoin ABC matters to you. Send your testimonial to [email protected].
Bitcoin Cash owes its existence to Amaury Séchet and Bitcoin ABC. They’ve helped shepherd BCH through the ups and downs and have demonstrated the strong commitment and the technical capability needed to take Bitcoin Cash to the masses.
I‘ve personally worked with the Bitcoin ABC team and they‘ve displayed professionalism that is seldom to be found in the crypto world.
For be.cash UG, it‘s paramount that the Bitcoin Cash roadmap will continue to be developed to enable Bitcoin Cash to become as reliable as cash. The goal of be.cash UG is to enable non-tech-savvy users to use crypto in their daily lives without any issues like long latencies, denial of service or loss of funds, and for that, the base layer—Bitcoin Cash—has to be of enterprise-level quality.
Bitcoin ABC has proven to be a team capable of delivering software that‘s fulfilling these enterprise-level standards. That‘s why I think Bitcoin ABC is pivotal for the success of be.cash UG and Bitcoin Cash.
Bitcoin ABC has produced consistent work despite continual obstacles. That’s why it’s the target implementation for the full stack framework at FullStack.cash. It is reliable software for consumer applications, trusted by miners, and it has withstood the test of time.
It’s undeniable that Bitcoin ABC and Amaury Séchet are instrumental to the continued success of Bitcoin Cash.
In addition to creating Bitcoin Cash in the first place, keeping the peer-to-peer electronic cash dream alive while under attack, their track record has proven they can successfully execute where others have failed.
As an investor of BCH and someone who believes in the idea of peer to peer electronic cash, my fervent desire is to see what the Bitcoin ABC team can do with proper funding for a change.
No matter what you think of the lead developer of Bitcoin ABC, or their handling of the IFP, one thing that’s hard to deny is that Bitcoin ABC has succeeded where others have failed. Despite an aggressive upgrade schedule, and all the negative PR that has faced BCH since its inception, the network’s up-time has been remarkable.
I plan on donating to Bitcoin ABC.
Thanks to Our Supporters
Bitcoin ABC relies on sponsorships to fund all its work, including devops, maintenance, backports, development, release management, technical support and more. Become a sponsor today.
Speak Up
Proclaim your support for Bitcoin ABC on social media using hashtag #BitcoinABC2020. Send your posts to [email protected] and we may feature them. Post at read.cash, member.cash, memo.cash, upload a video to YouTube or tweet your support: Tweet
@Bitcoin_ABC launches a fundraiser and business plan to get BCH back on track. Taking ownership of the code, reliability engineering, role redundancy, and pressing protocol changes like mempool optimizations and fixing the DAA. An ambitious but much needed roadmap. Good luck! https://t.co/wam5lTSm5u
— Tyler Smith (@tcrypt25519) April 1, 2020
Bitcoin ABC Launches $3.3 Million Fundraiser: Business Plan, Detailed Budget, Deliverables @Bitcoin_ABC, @georgedonnelly | https://t.co/GumWGomKZX pic.twitter.com/zu205AaIoW
— CoinSpice (@CoinSpice) April 1, 2020
Announcing our 2020 #BitcoinCash Protocol Development Fundraiser. #BCH has the chance to make digital cash a reality, and bring financial freedom to the world. The window of opportunity is now!
— Bitcoin ABC (@Bitcoin_ABC) April 2, 2020
Let's seize this opportunity! https://t.co/eATLbsy6w4 #BitcoinABC2020 pic.twitter.com/3NMb1N00NF
If you are a BCH holder and believe in its mission to be the p2p money of the future, please consider supporting its infrastructure development by donating to the ABC fundraiser athttps://t.co/mdx26H6O3d or https://t.co/TF50mMBaE7#bitcoin #BCH #BitcoinCash
— Freethinker (@SaeedGh95511659) April 22, 2020
Funding @Bitcoin_ABC now gives Bitcoin Cash the best chance of achieving our shared goal. Let's not lose sight of the goal.
— Cláudio Gil (@m4ktub2) April 24, 2020
A fast, cheap, and reliable network that is open to participation and brings value to billions.https://t.co/Pjvx66s0Q1
It's not much, but I've applied to be an individual sponsor because I value the future of P2P electronic cash. https://t.co/M1KgiPVTdG
— Cain#106✂ (@BCHcain) April 1, 2020
Nice! 43%! THIS is the proper way to fundraise!#SPICE will be purchasing Perks!!!@Bitcoin_ABC @BitcoinCom @bchgang #BCH #BitcoinCash pic.twitter.com/GHBkvUMNAo
— Spice Developers (@spicedevs) April 1, 2020
I always believed that in crucial moments being neutral is the worst of sins, I support and I will contribute economically to https://t.co/jHNcMp7vSW
— Juju (@GaravagliaJuan) April 2, 2020
The guys at @Bitcoin_ABC have delivered for years with basically zero funds.
— Don Wonton (@Don_wonton) April 6, 2020
While many BCH projects have yet to prove themselves and are welcomed to do so, BitcoinABC has already delivered plenty over the last years. I'm eager to see what more they will achieve, once they receive the funds necessary for a reliable BCH infrastructure. #BitcoinABC2020
— Koush (@KoushBCH) April 8, 2020
We’re helping scale #BitcoinCash $BCH by supporting @Bitcoin_ABC's 2020 Fundraiser for #BCH protocol development. Join us as we realize the vision of P2P electronic cash for billions of daily users! https://t.co/kgxWN0fEJS #BitcoinABC2020
— Bitcoin Cash France (@BCHFrance) April 26, 2020
Learn More
Get up to speed on Bitcoin ABC and what we’re working on. Be a part of the Bitcoin Cash evolution.
- The Bitcoin ABC Vision
- Amaury Séchet on the need to provide ongoing code maintenance
- ABC is Bitcoin’s biggest asset, a CEO’s perspective
- The Bitcoin Cash Roadmap
- This is Bitcoin Cash (video)
- ABC Dragging Feet or Existential Choice?
Connect. Twitter / Phabricator / Medium / Read.Cash / Telegram / GitHub / Facebook
Contribute. Contributing to Bitcoin ABC
Thank You!
The Bitcoin ABC team thanks you for your ongoing support and contributions. Together, we are growing Bitcoin Cash so it can serve the entire world, billions of daily users, as censorship-resistant P2P electronic cash.
Questions? Feedback? Email [email protected].
Amaury Séchet
Antony Zegers
Jason B. Cox
… and the rest of the Bitcoin ABC team.
Press Kit
Download the press release in English, Simplified Chinese (媒体通稿), Spanish or Portuguese. Further translations welcome.
Here are some images you can use when creating media about Bitcoin ABC and the Bitcoin ABC 2020 Bitcoin Cash Protocol Development Fundraiser. Find more BCH logos at BitcoinCash.org. Need something more? Email [email protected]
Found a bug? See our disclosure policy. Copyright 2017-2020 Bitcoin ABC / Visit BitcoinABC.org