On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Cash fundraising project called Flipstarter.cash. The developers behind the platform highlighted the recent questions people have been asking about voluntary funding of the Bitcoin Cash commons. The Flipstarter team plans to release an application that allows people to fund projects in a “secure, non-custodial” fashion using the Electron Cash wallet.
Flipstarter: A Lighthouse-Like Bitcoin Cash Crowdfunding App Is Coming Soon
A team of software developers have revealed they are working on a BCH project called Flipstarter.cash which will allow people to fund projects in a noncustodial manner. The project announcement said that “a group of volunteers came together to create Flipstarter” referring to the recent discussions over the Infrastructure Funding Plan (IFP). The blog post mentions the “big questions in the air right now in the Bitcoin Cash space” and explains that the project was created to help bolster a voluntary funding mechanism for the BCH ecosystem.
— flipstartercash (@flipstartercash) February 15, 2020
Over the next few weeks, the group of BCH developers plan to test and release the software. The project is similar to Mike Hearn’s Lighthouse project that was shelved when he left the Bitcoin community. The developers disclosed that “Flipstarter is basically Lighthouse but boiled down to the main feature. That is an old feature of Bitcoin transactions called ‘Anyone-can-pay.’”