Coingeek Announces Funding That the Electron Cash Development Team 

That’s why we support open source projects That Produce sure the best thoughts in cryptocurrency are built in the BCH ecosystem.                     

Published at Sat, 03 Feb 2018 08:00:40 +0000

The Electron Cash wallet’s development was led from the pseudonymous developer, Jonald Fyookball, who considers bitcoin cash is your ‘true bitcoin.’ Fyookball thinks BCH matches the Satoshi Nakamoto white newspaper’s description of a “peer-to-peer electronic cash system.” The Electron Money team plans to use the financing to expand growth teams, while also focusing its energy over other open source software projects for your BCH network. The team plans on creating a ‘native’ Android Electron Cash pocket, an iOS version, and just a feature phone (Nokia) version of the customer. Nchain will offer the staff with technical advice, R&D support, and also the company’s chief scientist, Craig Wright, has strategies to work with the Electron Money developers.

“But BCH is at its first phases, and requires more technical improvements to make it readily used in daily life — particularly at the business level,” clarified Ayre throughout the funding announcement.

Members of the Three-Party Initiative Say This Is Just the Beginning

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On February 1 the cryptocurrency media outlet and blockchain company Coingeek announced it plans to finance the Electron Money team’s development. The newest Electron Money projects will involve working on advanced strategies for your bitcoin cash ecosystem and also a partnership with the company Nchain.

Coingeek Will Give the Electron Money Team $300,000 Per Year to Continue Adding Value to the Bitcoin Cash Ecosystem

Coingeek.com has declared funding the team who created the Electron Money wallet, one of the initial wallets to support the bitcoin cash (BCH) protocol. The blockchain company led by the billionaire entrepreneur Calvin Ayre will finance Electron Cash using  $300,000 USD per year for Bitcoin Cash (BCH) open source projects. Both Coingeek and the blockchain company Nchain believe that the Electron Money pocket is a “tailored fit” for its BCH series.

We are eager to give our part to help achieve the initial Satoshi Nakamoto white newspaper’s vision that captured us all so excited in the first location.

The owner of Coingeek, Calvin Ayre, hopes the new financing can enhance BCH-centric software. Ayre says that anyone with an understanding of BCH understands that it’s the all-in-one cryptocurrency for your future.
What can you think about Coingeek.com financing the Electron Money development team and other open source projects? Let us everything you believe in the comments below.
“To have this level of financial muscle in Coingeek and specialized expertise from Nchain means we’ve got the tools to develop numerous applications projects which will assist the BCH community,” clarifies the Electron Money lead developer Jonald Fyookball.      
Jimmy Nguyen, the CEO of all Nchain, particulars that the three-party initiative with Electron Money is just what’s required to continue strengthening the bitcoin cash ecosystem. “We are particularly excited to work with the Electron Money team to help realize implementations of a number of our patent-pending inventions — such as blinded brink signatures,” Nguyen clarified to news.Bitcoin.com.
“If you’re a developer or technology venture which requires funding to build projects or software for your bitcoin cash series, send us all your pitch,” Ayre emphasizes.
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In addition to the Electron Money development financing and open source projects, Ayre clarifies this is simply the beginning. Coingeek plans to launch campaigns which help promote merchant adoption, together with offering to finance different developers ready to push BCH to the next level.