Bitcoin Cash Research promotes and operates under a standard of transparency towards the ecosystem. This report works in the direction of that principle. It details relevant aspects of the operation and welcomes any feedback that helps to fulfill the proposed vision.
I. Activity Highlights
- During the BCH network update of November 15, Bitcoin Cash Research followed the chain supported by Bitcoin Cash Node. Any non-BCH potential coins, under our control, generated during the split will be converted into BCH asap and properly reported.
- We would like to welcome @sickpig as moderator of the forum.
- General maintenance and database backups by @emi_dm.
- Update of several plugins by @emi_dm.
II. Activity Lowlights
Nothing to report.
III. Next Steps
Proposed actions under analysis and consideration.
- Increase the number of moderators under an expected userbase expansion.
- Progress in the platform’s decentralization and build the necessary resources to make the platform even more capture resistant.
- Define a policy for the release of periodic backups while protecting users’ private information.
- Define a policy for access to the server.
IV. Financial
Bitcoin Cash Research maintains its accounts using plain text accounting and hledger software via a ledger file (in attach at the end of this section), which will henceforth be included in a public repository as soon as possible.
Based on this public ledger, Bitcoin Cash Research is able to account for all its financial movements and produce suitable reports using auditable open-source software.
By 2020-11-30, our accounts and their respective funds are as follows. Due to the congestion on the ABC chain it was impossible for us to exchange ABC tokens into BCH. We preferred to keep our balances in BCH. When the exchange takes place we will include the corresponding funds.
Our expenses for this period are described by the following. Please consider that some past expenses are represented with minimum symbolic prices as they were part of donated time by collaborators.
Based on our operational expenses, income and liabilities derived Balance Sheet and Income Statement are as follows.
Resulting in a Net of -2.29699004 BCH at 2020-11-30
Ledger file: 2020BCHResearch.ledger (10.5 KB)
Checksum: SHA256: F8052A59685D2E9C3B823FDD6A020ACA438C281D4834A3AFD103195EF78854BB
V. Funding
Project funds are held by team members in a 2-of-3 multisig Electron Cash wallet (December onwards):
bitcoincash:pzjue7kdusgh706ns3sh0yu3dw9jv5h5ly2u0zqxh5
This wallet intends to receive donations and cover operational expenses.
VI. Personnel
Total man hours for this period: 20 (all donated time).
VII. Statistics
–Thanks to all contributors who believe that small details can create significant changes and trigger positive network effects.