On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were scrutinized and the miner funding subject has been the topic of debate across the entire cryptosphere. On Jan. 23, Zhuoer discussed the developer fund idea in an Ask-Me-Anything (AMA) appearance on Reddit.

Also Read: Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash

Bitcoin Cash Proponents Have Mixed Feelings About the Proposed Infrastructure Funding Plan

In the world of cryptocurrency funding developers has always been a controversial subject no matter where the money comes from. There have been many attempts to fund blockchain infrastructure development using a variety of schemes like founders funds, pre-mines, corporate and community donations, and miners contributing a fraction of their block rewards. On Wednesday,…

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Source: https://thebitcoinnews.com/bitcoin-cash-miner-jiang-zhuoer-answers-infrastructure-funding-questions/