The BCHN stands for 'BitcoinCash Node' and it's a open source codebase for a new full node project which has been rebranded from Bitcoin ABC, which is also a full node implementation of Bitcoin Cash protocol.
(These nodes are related to the mining of specific cryptocurrency, I'll explain in my future article)
The Beginning
On 15th May 2020 the Bitcoin ABC released the upgraded version 0.21.0 client, which includes some serious controversial changes to the BCH coin issuance, under which proposed that the miners of coin will have to pay 8% of all minted coins to a development fund from November (I didn't understand why they call it 'donation' ??) And this thing is going to hit Bitcoin businesses, miners, mining pools and eventually the whole BCH community. In my opinion this upgraded version and it's controversies would destroyed the vision and the purpose of the origin of BCH.
So to tackle this serious threat for the future of BCH, the developer community of the BCH and also some developers from Bitcoin ABC including the 'FreeTrader' (he's one of the original BCH developer and also a former BitcoinABC developer) The new client i.e Bitcoin Cash Node (BCHN) isn't completely different from the upgraded version of the client of Bitcoin ABC, the difference will be the removal of the COINBASE reward diversion code and its associated signaling and activation.
Goals of BCHN Project
The goals of the BCHN are listed on their official page but still I'll list some of the main goals here :
1) Short Term Goals
Establish a professional mining node which listens to feedback and delivers measurable improvements.
Provide well researched for consensus rule enhancements regarding DAA, 0-conf and script improvements.
2) Medium & Long Term Goals
Demonstrate evidence based, collaborative decision making on consensus changes.
Demonstrate sustainable client development based on wide ecosystem input and a transparent, voluntary funding model.
Raise awareness that BCH must remain permissionless, useful and affordable to use in order to become the best money in the world.
These are the few goals listed on the official website of BCHN, I thought these are the main and easy to understand, that's why I put them as it is.
Supporters & Contributers Of BCHN
As I already mentioned the project is backed by very well known developers & BCH community members. The members also included their PGP signature to prove that they are supporting & involved in this project, the list of the people, their signatures & their messages is listed as follows :
1) Andrea Suisani
Signature : H4dzATEN52+g0lWBPfYolfsDqNBON+IIkCPgfZo7iXE0QFg+EqbV0GRcSF515Fj7P5pgCMArayrbKxazekA9KhY=
Message : Andrea Suisani (aka sickpig) of Bitcoin Unlimited is in collaboration with the Bitcoin Cash Node implementation for the May 15th, 2020 upgrade.
2) Calin Culianu
Signature : G4lglKyDMfsLa663DmdHJIX7BH4HmdTzq2K6BK8l2z8wSq/yxBznWuVJfEZdVMr6b1Ds4SxfSNe1qRFLij4xgNM=
Message : I, Calin Culianu (NilacTheGrim) of Electron Cash and Fulcrum, and as also one of the original ABC devs, am in collaboration with the Bitcoin Cash Node implementation. It should be the implementation used for the May 15th, 2020 upgrade. I endorse and support this codebase and will lend my 20+ years' C++ development experience to the project.
3) Dagur V. Johannsson
Signature : IMLcZLcMsbwMhMw62IjQW/WtwcruS4wE4DGKlVTkuPHie6oxEIxJkFuBZQMyZM13mWz241khjPN/xZOElPlmb6Q=
Message : I, Dagur V. Johannsson, contributor to Bitcoin XT, Bitcoin Unlimited, Bitcoin ABC and other Bitcoin Cash supporting open source software, endorse and support the Bitcoin Cash Node implementation for the May 15th, 2020 upgrade.
4) emergent_reasons
Signature : IElqGO9KzOy+fCwJRnDwqAsn4DebcWX8jegu5sPArLTeSzXmdpWoGQGVpBlOGKYoHqjz+crPkgdAAYBmGE2JNgE=
Message : emergent_reasons endorses the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade and pledges his support for at least 1 year.
5) Fernando Pelliccioni
Signature : H3BGddvUCaTOMYGfntlqMX7SQCF1HkbcY4qGUz58FzGJcJb4F754y1whDir5E7ec71E5XNb6dmfUHlklRHcvQCk=
Message : Fernando Pelliccioni of Knuth node (former Bitprim lead developer and Bitcoin ABC contributor) participates in, endorses and is willing to support the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade, while pledging his service on it for 1 year.
6) freetrader
Signature : GzYnbDEUdN67nV9bt6JFHza/rLHCFhIo/iqg2THVk8I88aUj2N3lEZ/RH+pcbyY1em9dn+rFwqiRHDgXGrUZIAs=
Message : freetrader participates in, endorses and is willing to lead and support the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade, while pledging his service on it for 1 year.
7) imaginary_username
Signature : H1d6Ji+Jcw1lBZHJ7LzYKvNLOhN/OrueHzYMmBFt3nd/Kio/3+ZP4SgLDeuCgpOPboam0RP5v/XPiCY5YabM3fo=
Message : imaginary_username participates in and endorses the Bitcoin Cash Node implementation for the May 15th, 2020 Bitcoin Cash upgrade.
View more
Now you can imagine that the need of the project and it's importance in the future of BCH. My personal opinion on this situation is that, this is the time where the future of BCH will be decided. And the success or failure of this project will decide & shapes the future of BCH.
Recent Updates On BCHN Project
From the latest updates from the BCHN the fund raising campaign for the project on Flipstarter has been successfully completed before 12 days of time limitations.
Congratulations ?? to the team for completing the very first step successfully.
Initially the project wasn't accepting donations in SLP (Simple LEDGER Protocol) coins and lots of members were asking about it. Now the team behind the project has been solved the issue and now people can donate their SLP tokens to the following address.
SLP Donation Address
simpleledger:qrjv4klcn9z5kqeye3ps64pr6aa4mzux8cy776pm6k
Resources for BCHN Project :
1) Official Website
2) Project on GitLab
3) Donation BCH Address : bitcoincash:prnc2exht3zxlrqqcat690tc85cvfuypngh7szx6mk
4) Donation QR code
