News 
Coin Information 
About us 
Mining pool Bitcoin.com has announced its intention of not supporting the bitcoin cash development fund proposal until there is more agreement in the ecosystem, CoinDesk reported.
In an online post, Bitcoin.com said it will not go through with supporting the current plan for a development fund “unless there is more agreement in the ecosystem such that the risk of a chain split is negligible.” Jiang Zhuoer, CEO of mining pool BTC.TOP, had unveiled the plan last week.
“Bitcoin.com will not risk a chain split or a change to the underlying economics,” Bitcoin.com said. “Any proposal will need to have as many people of economic weight on-board as possible, including businesses, exchanges, miners, and Bitcoin Cash implementations.”
The proposal unveiled last week was signed by Roger Ver, executive chairman of Bitcoin.com; Jihan Wu of Antpool/BTC.com; and ViaBTC's Haipo Yang. It proposed to direct 12.5 percent share of the block reward to a new fund that will support Bitcoin Cash infrastructure.
“We think it is clear that the existing proposal does not have enough support, and we will be working to come up with a plan that is profitable for all the relevant parties and which preserves the fundamental economics of Bitcoin Cash,” Bitcoin.com said.
“This is a great opportunity for developers to clarify what they need funding for, and provide the specific budgets and timelines they have for their work.”
Bitcoin.com’s announcement comes after an anonymous "opposing miner group," threatened to hard fork bitcoin cash. The group, which claims to control around a quarter of total BCH’s mining hashrate, had said:
“We will start withdrawing our support for the signatory pools and move to other pools for the time being. We will in the short term launch a competing BCH pool to offer a voice to miners that disagree with the proposal… Assuming the proposal is not withdrawn, or modified to be acceptable, we will continue to mine up to the hard fork, which will create our own chain after the fork due to the consensus rule change introduced by the signatories.”
However, after Bitcoin.com’s announcement, the group is optimistic that the mining pool would convince the rest of the signatories to severely amend the IFP.
“We are therefore standing down and will not start our competing pool for the time being and will continue to support the BCH pools instead,” it said.
Comment 3