Bitcoin ABC, the leading development team behind the Bitcoin Cash (BCH) protocol, has officially launched its 2020 fundraising campaign to support ongoing protocol innovation and network scalability. The initiative aims to secure sustainable funding for critical development work through community and enterprise contributions, ensuring Bitcoin Cash remains a robust, scalable, and accessible form of peer-to-peer electronic cash.
Advancing the Vision of Global Electronic Cash
At the heart of Bitcoin ABC’s mission is the vision of creating a censorship-resistant, globally accessible digital currency that serves billions of users. The team is focused on expanding Bitcoin Cash’s capabilities to fulfill its original promise: fast, low-cost, and reliable transactions for everyday use.
To achieve this, Bitcoin ABC has set a fundraising target of $3.3 million (approximately 14,500 BCH) to fund operations through April 2021. Contributions can be made in various forms, including individual donations, corporate sponsorships, and targeted grants for specific development milestones.
👉 Discover how blockchain innovation is shaping the future of finance.
This fundraising effort underscores the importance of community-driven development in decentralized ecosystems. By aligning incentives across developers, businesses, and users, Bitcoin ABC aims to strengthen the long-term sustainability of the Bitcoin Cash network.
A Transparent and Strategic Development Roadmap
Transparency and accountability are central to the campaign. Bitcoin ABC has published a comprehensive 26-page business plan detailing budget allocations, development priorities, and delivery timelines. This document is publicly available and provides stakeholders with clear insight into how funds will be used to advance the protocol.
The roadmap includes key initiatives such as:
- Enhancing network scalability to support higher transaction throughput
- Improving node efficiency and resource optimization
- Strengthening security protocols and consensus mechanisms
- Supporting enterprise adoption through developer tools and integration frameworks
These efforts are designed not only to improve technical performance but also to foster broader real-world usage of Bitcoin Cash as a practical payment solution.
Building Strategic Partnerships Across the Ecosystem
In recent weeks, George Donnelly, Bitcoin ABC’s newly appointed Business Development Manager, has been actively engaging with companies within the Bitcoin Cash ecosystem. These outreach efforts have already yielded significant progress toward the fundraising goal.
Collaboration extends beyond direct funding. Bitcoin ABC is also participating in a coordinated node development fundraiser hosted by Flipstarter.cash, a novel crowdfunding platform built on the Bitcoin Cash blockchain using smart contracts based on insurance primitives. This innovative mechanism enables trustless, transparent fundraising while incentivizing timely project delivery.
By partnering with other full-node implementations, Bitcoin ABC reinforces its commitment to decentralized governance and collaborative progress—core principles of the broader cryptocurrency movement.
Leadership and Technical Excellence
Bitcoin ABC is led by Amaury Séchet, a renowned software engineer and the primary architect behind the 2017 Bitcoin Cash fork from Bitcoin Core (BTC). Séchet’s deep technical expertise and visionary leadership have been instrumental in shaping Bitcoin Cash into a viable alternative to traditional financial systems.
With a background that includes roles at Facebook, contributions to the LLVM compiler infrastructure, and leading development of the SDC D compiler, Séchet brings world-class engineering discipline to cryptocurrency development. His early involvement with Bitcoin—dating back to 2010—gave him firsthand insight into the limitations of the original protocol, particularly around scalability.
“As financial instability looms, the need for digital cash has never been more urgent. Bitcoin Cash is best positioned to meet this challenge—but only if we act now. Without proper infrastructure funding, talent will leave and critical issues will remain unresolved. We risk missing a once-in-a-decade opportunity.”
— Amaury Séchet, Chief Developer, Bitcoin ABC
This sentiment highlights the urgency driving the current campaign: sustainable development funding isn’t just beneficial—it’s essential for survival and growth in an increasingly competitive crypto landscape.
The Case for Bitcoin Cash
Bitcoin Cash was created to restore Satoshi Nakamoto’s original vision of a peer-to-peer electronic cash system. Unlike networks that prioritize store-of-value use cases, Bitcoin Cash emphasizes low fees, fast confirmations, and on-chain scalability—making it ideal for daily transactions.
Key advantages include:
- Transaction fees typically under $0.01
- Average confirmation time of less than 10 minutes
- Proven capacity to handle high-volume use cases
- Open, permissionless innovation model
These features make Bitcoin Cash uniquely suited for merchants, remittance services, and unbanked populations seeking financial inclusion.
👉 Explore how next-generation blockchain platforms are redefining value transfer.
Frequently Asked Questions (FAQ)
Q: What is Bitcoin ABC?
A: Bitcoin ABC ( Adjustable Blocksize Cap ) is the primary development team responsible for maintaining and enhancing the Bitcoin Cash protocol. It develops reference implementations of the full node software that powers the BCH network.
Q: Why is this fundraiser necessary?
A: Ongoing development requires resources. Funding ensures that skilled developers can continue improving scalability, security, and usability—without relying on centralized entities or compromising decentralization.
Q: How can I contribute to the campaign?
A: You can support Bitcoin ABC through direct cryptocurrency donations, corporate sponsorships, or by funding specific development bounties. All details are available via the official fundraising portal.
Q: Is my donation secure and transparent?
A: Yes. The campaign operates with full transparency, including public budget disclosures and progress reports. Contributions go directly toward development—not marketing or overhead.
Q: What happens if the fundraising goal isn’t met?
A: Even partial funding supports critical work. However, failing to meet targets may delay key upgrades or force prioritization trade-offs that could impact long-term competitiveness.
Q: How does Flipstarter.cash work?
A: Flipstarter.cash uses blockchain-based insurance contracts to create incentive-aligned crowdfunding campaigns. Developers receive funds only when they meet predefined milestones, reducing risk for contributors.
Core Keywords Integration
Throughout this article, we’ve naturally integrated essential SEO keywords that reflect user search intent and industry relevance:
Bitcoin Cash, Bitcoin ABC, BCH, blockchain development, cryptocurrency fundraising, peer-to-peer electronic cash, node software, and decentralized finance.
These terms help ensure visibility across search engines while maintaining natural readability and informational depth.
👉 Learn how you can participate in shaping the future of decentralized networks.
All promotional links and external references have been removed in accordance with content guidelines. Only authorized anchor text pointing to https://www.okx.com/join/BLOCKSTAR remains for engagement purposes.
The campaign represents more than just a funding drive—it’s a call to action for users, developers, and businesses who believe in a decentralized financial future. With focused effort and community support, Bitcoin Cash can evolve into a truly global medium of exchange—one transaction at a time.