PODCAST Amaury Séchet, May 2020 Upgrade Part 2: The IFP and Why it Remains in the Code

TL;DR: Amaury Séchet is back for our second in a series of conversations about the May 15, 2020 scheduled network upgrade for Bitcoin Cash (BCH). He’s lead developer for Bitcoin Cash (BCH) reference implementation, Bitcoin ABC. In Part 2, Séchet delves into the most controversial aspect of the upgrade, the Infrastructure Funding Plan (IFP). This episode is available embedded in the article below, and on iTunesSpotifyGoogle PodcastsStitcherRadio PublicBreakerPocketCastsPodBeanYouTube for Newer EpisodesYouTube Older Episodes, and Overcast

Amaury Séchet, May 2020 Upgrade Part 2: The IFP

Amaury Séchet and I haven’t discussed the IFP previously. That’s crazy, considering the role he and ABC play in the proposal. The IFP remains in the May 2020 scheduled upgrade for Bitcoin Cash, to the consternation of opponents and perplexity of outsiders. Séchet gives his reasoning behind why the IFP is still there as part of the upgrade though it’s sure not to activate on the 15th.

Séchet is a complex figure in Bitcoin Cash. Without him, most analysts will explain, BCH would not exist. It took someone with Séchet’s natural chutzpah to bring it forward at a time when others were seemingly hemming and hawing, debating incessantly. He was lauded at the time for his decisive, bold action (he had critics then too, however). Importantly, when a community gets the likes of a Séchet — equal parts confident, brilliant, and unconcerned with popular opinion — it then is eventually confronted with a paradox.

What many in the BCH ecosystem loved about Séchet they now revile or seem to. The tenacity and grit that worked so well for a couple of years is no longer our-guy-charming. He’s viewed as strident, toxic, uncompromising to some. He’d admit to aspects of those charges, but Séchet is dead set on putting all he’s done in its historic context. He’s also grown very comfortable in taking on the role of warning the Bitcoin Cash community about what he views as its ongoing mistakes.

IFP TIMELINE THUS FAR

TIMESTAMPS 

00:00 Where is Amaury Séchet on the IFP right now?

07:10 Risk of a fork if IFP is removed from code

09:30 It’s miners’ money

12:10 Chinese miners and Roger Ver

13:15 How big is the anti-IFP crowd really

14:25 What happens to the IFP after May 15, 2020

15:40 Vin Armani’s Jewish allegory

29:25 BCHN and taking action in response to the IFP

32:25 Stated values versus lived values

36:00 Tyler Smith leaving for AVA

LINKS

LISTEN

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