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· 2 min read
Jeremy

I (and The Bitcoin Cash Podcast & Selene Wallet) wholly endorse CHIP-2023-04 Adaptive Blocksize Limit Algorithm for Bitcoin Cash for lock-in 15 November 2023. A carefully selected algorithm that responds to real network demand is an obvious improvement to relieve social burden of discussion around optimal blocksizes plus implementation costs & uncertainty around scaling for miners & node operators. There is also some benefit to the community signalling its commitment to scaling & refusal to repeat the historic delays resulting from previous blocksize increase contention.

The amount of work done by bitcoincashautist has been very impressive & inspiring. I refer to not only work on the spec itself but also on iteration from feedback & communicating with stakeholders to patiently address concerns across a variety of mediums. Having reviewed the CHIP thoroughly, I am convinced the chosen parameters accomodate edge cases in a technically sustainable manner.

It is a matter of some urgency to lock in this CHIP for November. This will solidify the social contract to scale the BCH blocksize as demand justifies it, all the way to global reserve currency status. Furthermore, it will free up the community zeitgeist to tackle new problems for the 2025 upgrade.

A blocksize algorithm implementation is a great step forward for the community. I look forward to this CHIP locking-in in November & going live in May 2024!

Jeremy

Further reading:

Original CHIP document

FAQ on Bitcoin Cash governance

· 2 min read
Jeremy

The Bitcoin Cash Podcast was very fortunate to recently complete a 12 BCH Flipstarter on 30th July in a matter of only about 12 hours. As with the first Flipstarter, this second enthusiastic response from the community was well noted, and The Bitcoin Cash Podcast feels very gratified by the support.

For more about Flipstarter, check out the FAQ article.

In the spirit of accountability and transparency, a record of the Flipstarter is preserved here - for later reference of donators and to demonstrate credibility of & delivery by The Bitcoin Cash Podcast. The original hosted Flipstarter subdomain (https://flipstarter.bitcoincashpodcast.com/) will eventually be taken down or perhaps used for another Flipstarter.

Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot

One more thanks to all our contributors:

BITCOIN JASON
Shadow of Harbringer
molecular
emergent_reasons
ErdoganTalk
majamalu
sandakersmann
Bitcoin Out Loud
lugaxker
bunga bunga!

Right, back to work on delivering!

Jeremy

Further reading:

What is Flipstarter and why is it exciting?

· 2 min read
Jeremy

The Bitcoin Cash Podcast was very fortunate to recently complete a 20 BCH Flipstarter on 13th April in a matter of only about 12 hours. This enthusiastic response from the community was well noted, and The Bitcoin Cash Podcast feels very gratified by the support.

For more about Flipstarter, check out the FAQ article.

In the spirit of accountability and transparency, a record of the Flipstarter is preserved here - for later reference of donators and to demonstrate credibility of & delivery by The Bitcoin Cash Podcast. The original hosted Flipstarter subdomain (https://flipstarter.bitcoincashpodcast.com/) will eventually be taken down or perhaps used for another Flipstarter.

Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot
Flipstarter screenshot

One more thanks to all our contributors:

majamalu
Renegade
Cheapy
emergent_reasons
unspent.app
molecular
bitcoincashautist
@_minisatoshi
Kallisti.cash
sandakersmann
Anonymous
Bitcoin Out Loud
Bitcoin Cash TV
Kallisti.cash

Right, back to work on delivering!

Jeremy

Further reading:

What is Flipstarter and why is it exciting?

· 2 min read
Jeremy

The Bitcoin Cash Podcast wholeheartedly supports the November lock-in and May implementation of:

I have reviewed the CHIP documents in some detail. A full breakdown and discussion will be done on an upcoming episode of the show, perhaps after the St Kitts conference.

BCH has several areas it is underperforming competing cryptocurrency projects, but its protocol level development is not one of them. There is industry leading thought, care, discussion and engineering skill being carefully added to Bitcoin Cash.

This bodes very well for the next few years. Momentum is a hard thing to capture but an overwhelmingly powerful force once attained, and momentum in Bitcoin Cash is building. Important technical improvements smoothly implemented at the protocol layer are the foundation of that progress and should bring much excitement to the BCH community for the resulting user-facing apps and innovations they will undoubtedly facilitate. In some cases, changes reduce technical debt or improve security and, though invisible to end users, are essential to the continued resilience and effective development of the blockchain.

In addition, the high quality of CHIPs is matched in the quality of the CHIP process itself. Creating decentralised agreement is very difficult, but BCH has earned an effective methodology through many hard-won lessons. The CHIP process is accruing a proven track record and trust by the community over time. In the past, and possibly in the future, BCH has become clouded and delayed by unconstructive arguments, chain splits, recriminations and turmoil. I think it's worth taking a moment to reflect on the absence of such division this year, and to commit internally to helping that continue for next year.

I am very pleased to contribute to the smooth running of the CHIP process via my stakeholder statement in this blog post. I encourage all readers as active members of the BCH community to make their own statements or begin discussions around these CHIPs, to amplify the strength of the consensus forming process.

Much gratitude to CHIP authors bitcoincashautist, Jason Dreyzehner, Tom Zander and Jonathan Silverblood along with everyone else involved in supporting or contributing to the debate, concepting or code for these improvements.

To a smooth May 2023 upgrade!

Jeremy

Further reading:

Jason Dreyzehner's Blog post on 2023 CHIPs

FAQ on Bitcoin Cash governance