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Bitcoin Cash infrastructure funding plan wasn’t ‘signed’ by Roger Ver

Manu Naik

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Bitcoin Cash
Source: Unsplash

UPDATE: AMBCrypto reached out to Roger Ver for a comment on the funding proposal. According to Ver,

“I was supportive of talking about it.
I was never supportive of implementing it because the details were never figured out.
I’m still supportive of talking about it.”


Last month, BTC.TOP’s Jiang Zhuoer had announced his plan to implement an ‘Infrastructure Funding Plan’ (IFP) for Bitcoin Cash, which aimed to direct 12.5% of BCH mining rewards to a fund that will support Bitcoin Cash infrastructure. This was mostly met with mixed reactions, eliciting concerns about the arbitrary nature of the percentage of rewards that would go into the fund, as well as misappropriation of funds. And some miners simply didn’t want to contribute to the fund.

The announcement had included Bitcoin.com’s Roger Ver among its list of supporters, though Ver claimed his name was added, “without his permission.” In a video published to Bitcoin.com’s official YouTube channel, Ver spoke about how things were still being discussed when his name was added to the list of supporters.

“I didn’t sign this,” said Ver. “I don’t think it was released with my name at the bottom out of intentional malice. I think there was a lack of communication.” In the video, Ver went on to talk BitcoinABC’s recent announcement that they would be implementing the updated funding proposal into the node software.

“I would like to know who specifically requested ABC to implement this. It wasn’t me, it wasn’t Bitcoin.com,” he said. “Maybe with some digital signatures this time.”

The updated funding proposal suggests that the plan will only move ahead, “if triggered by miners via BIP 9,” which allows miners to signal when they’re ready to enforce new rules, and to set up a parallel soft fork. Ver explained how this could be a, “recipe for bad things to happen.”

“What if Bitcoin SV miners — all one of them — decide to come in and start voting for this on Bitcoin Cash just to intentionally cause trouble?”

The Bitcoin.com CEO also drew attention to the part of the updated proposal which suggested the plan should prioritize projects that are in need of money. “That’s the most retarded thing ever,” he said. “Projects that are in need of money are in need of money because they haven’t done a good job of serving their customers and being able to monetize that.” He also said that Bitcoin.com would probably do a better job with the funds than projects in need of money.

However, not everyone was convinced by Ver’s claims of not supporting the funding proposal. In a recent tweet, CEO and co-founder of Blockstream, Adam Back suggested that Ver saying he, “didn’t sign,” was equivocation, and recalled him, “supporting it enthusiastically on Reddit.”

Notably, Ver can be seen talking in support of the funding proposal in an earlier video posted to the same YouTube account. However, Ver also recently commented on Reddit, stating, “I can’t believe you think I would support this insanity.”

Though it has been made clear Ver didn’t ‘sign’ anything, he was clearly in support of the proposal prior to his most recent video. We have reached out to Roger Ver for a comment and will update the article with his response.

Manu is a full-time journalist at AMBCrypto covering the US and Indian markets. A graduate in engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.