Bitcoin ABC, the preeminent Bitcoin Cash $BCH protocol development team, is proud to announce that its first 2020 funding campaign has concluded with the following results.

As of 1 June 2020, Bitcoin ABC has raised 53.63% of its 2020 goal of USD$3.3 million.

The funds were raised over 2 months as follows: sponsorships 95%, the Mempool Overhaul funding bucket 1.5%, the Take Code Ownership funding bucket 2%, and the general scaling fund 1.8%.

Bitcoin ABC team member Antony Zegers said: “I would like to personally, and on behalf of Bitcoin ABC, thank all who contributed to this campaign. While some of our donors wish to remain anonymous, please know that we really appreciate the support. Although we are aiming for more funding to fulfil our goals, the funds raised so far will be put to good use. They have enabled us to continue funding the existing development team, as well as beginning to grow the team. We look forward to continuing to grow and build Bitcoin Cash.”

A top priority for Bitcoin ABC going forward is to raise the remaining USD$1.5 million, or approximately 6,491 BCH, which is needed to fund Bitcoin Cash protocol development through 30 April 2021.

Bitcoin ABC remains committed to achieving full funding for Bitcoin Cash development as soon as possible. Stable and sustainable funding is the primary enabler needed to make significant forward progress on the Bitcoin Cash roadmap.

Bitcoin Cash is the global leader in P2P electronic cash and we must provision the protocol development resources necessary to build a P2P electronic cash system that will reliably serve billions of daily users.

For full information on the Bitcoin ABC 2020 Bitcoin Cash fundraising efforts and opportunities, please visit https://fund.bitcoinabc.org.

Press Contact

George Donnelly
Business Development Manager @ Bitcoin ABC
george@bitcoinabc.org
https://t.me/georgedonnelly
+573218423668 (cell, Signal, Whatsapp)
Schedule a meetinghttps://meetings.hubspot.com/george264
A press kit is available at https://fund.bitcoinabc.org.

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About Bitcoin ABC

Bitcoin ABC is the leading full node implementation of the Bitcoin Cash protocol. Bitcoin ABC aims to provide a solid, stable full node software and lead Bitcoin Cash protocol development with an open and collaborative process.

Bitcoin ABC Lead Developer Amaury Séchet led the fork of Bitcoin Cash from Bitcoin Core in 2017 and has grown the team since then to encompass world-class talent in multiple fields.

Please find more information on Bitcoin ABC at https://www.bitcoinabc.org.

About Amaury Séchet

Amaury Séchet founded and leads Bitcoin ABC. He stood up and took responsibility to make the Bitcoin Cash fork from Bitcoin Core happen in 2017. Mr. Séchet discovered Bitcoin in 2010 and got involved in 2011. Seeing Bitcoin failing to scale, he decided to take matters into his own hands and apply his experience in large-scale systems to Bitcoin. Mr. Séchet is formerly a software engineer at Facebook, LLVM committer and the main developer of the D compiler SDC.

Please find more information on Amaury Séchet at https://www.linkedin.com/in/deadalnix.

About Bitcoin Cash

Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable confirmations. With unrestricted growth, global adoption, permissionless innovation, and decentralized development, Bitcoin Cash aims to serve billions of daily users.

All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash. All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.

Please find more information on Bitcoin Cash at https://www.bitcoincash.org.

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