During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published plans for the upcoming upgrade, Btc.top founder Jiang Zhuoer revealed his hashrate would vote against the proposal. Two days later, the full node project Bitcoin ABC announced intentions to raise funds in order to sustain operations for one year. Currently, the Bitcoin Cash Node project has 41 public nodes and three public mining pools have been signaling support for the new full node.
Jiang Zhuoer Pledges to Use Personal Hashrate to Vote Against IFP and Bitcoin ABC Launches 2020 Business Plan Fundraising
Recently, IFP discussions have taken a back seat due to the coronavirus outbreak and the possibility of an economic recession. During our last report, news.Bitcoin.com covered the Bitcoin Cash Node (BCHN) project publishing its intentions for the upcoming upgrade and future goals.
Crypto reporter Cindy Wang explained that Btc.top founder Jiang Zhuoer said he would “use his personal hashrate to vote no in case somebody wants to activate IFP.”
Following the update from BCHN developers, Btc.top founder Jiang Zhuoer talked about the IFP with the BCH community in China during an ask-me-anything (AMA) event. Crypto reporter Cindy Wang explained that Zhuoer said he would “use his personal hashrate to vote no in case somebody wants to activate IFP.” Following Zhuoer’s commentary, Bitcoin ABC published a blog post two days later.