PODCAST Flipstarter Brings Trustless Crowdfunding to Life Using Bitcoin Cash

TL;DR: For all the drama surrounding the Infrastructure Funding Plan for Bitcoin Cash (IFP), one positive is renewed efforts to develop a real, permissionless way to crowdfund. Anon dev emergent_reasons is part of an all-volunteer team to prove it can be done. He’s helped to launch Flipstarter, and it’s a super interesting concept. This episode is available embedded in the article below, and on iTunesSpotifyGoogle PodcastsStitcherRadio PublicBreakerPocketCastsPodBeanYouTube for Newer EpisodesYouTube Older Episodes, and Overcast

Permissionless Crowdfunding Through Flipstarter

About a month ago, an all-volunteer team of about half a dozen developers was sparked into action over the IFP kerfuffle. Regardless of their individual thoughts on the matter, it was important they prove, in a short period of time, permissionless crowdfunding for large projects was possible.

They created Flipstarter. It’s a trustless, non-custodial assurance contract software tool designed around the early ideas of Mike Hearn and his Lighthouse project. It’s not a platform but a tool to build, spin-up website campaigns, allowing enthusiasts to pledge bitcoin cash (BCH).

BCH was chosen for its reliability, cheap transactions, and speed. But BCH is also a passion of those involved in Flipstarter: anon devs such as imaginary_username, emergent_reasons, sploit, dagur, along with well-known names such as Jonathan Silverblood, among many others. Silverblood, in particular, has been working on an idea like Flipstarter for more than a year.

We caught up with emergent to talk Flipstarter, which he continually points out is Silverblood’s baby, its origins, mechanics, and what the team learned from a recent beta rollout funding campaign to benefit EatBCH — a campaign, by the way, that reached its goal of 20 BCH in mere hours with weeks to spare.

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