Skip to main content

Inspired by Unwriter’s Apps, BCH Developers Create Fountainhead Cash

Inspired by Unwriter's Apps BCH Developers Create Fountainhead Cash

When the Bitcoin Cash (BCH) network split last November, prominent platform developer Unwriter decided to focus on building applications for the BSV chain. Since then, a group of BCH developers has forked Unwriter’s 21 Century Motor Company. On Jan. 27, a few BCH programmers revealed the Fountainhead Cash project and explained they had decided to keep building the anonymous developer’s valuable platforms such as Bitdb and Bitsocket.

Also read: Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance

Fountainhead Cash Developers Continue to Build On Unwriter’s Projects

On Sunday a group of BCH developers publicly announced they are working on a project called Fountainhead Cash. The project is basically a forked model of the developer Unwriter’s 21 Century Motor Company which incorporates blockchain applications like Bitdb, Bitsocket, read cash, and data cash. The name Fountainhead derives from Ayn Rand’s quintessential novel, which emphasizes that a person’s ego is “the fountainhead of human progress.” With Fountainhead Cash “Bitdb development on Bitcoin Cash lives on,” the team of programmers detailed.

Inspired by Unwriter's Apps, BCH Developers Create Fountainhead Cash

“Fountainhead Cash is a community developed fork of 21 Century Motor Company that continues development on Bitcoin Cash — We run our own nodes of Bitdb and Bitsocket on multiple servers, and continue to build on and improve these pieces of infrastructure for Bitcoin Cash developers,” explained the developers.

The announcement continued:

We have fixed multiple bugs, worked on new optimizations for the future, and have been discussing new ways to improve and grow the Bitcoin Cash ecosystem — The end-game goal is to make developing for Bitcoin Cash as easy as any other sort of development.

‘The Point Is, Who Will Stop Me?’

Essentially, Bitdb is an autonomous database that continuously synchronizes with the BCH network and the platform Bitsocket is a message bus service for building real-time bitcoin applications. The three main developers working on the Fountainhead project consist of Kosinus the creator of Bookchain, Jt the producer of Craft.cash, and the Badger Wallet creator Spend BCH. On the website, the team has published code, documentation, and a link to its public chat room on Telegram. The creators say that anyone is welcome to join the discussion and help develop future BCH applications with Fountainhead tools.

Inspired by Unwriter's Apps, BCH Developers Create Fountainhead Cash

Meanwhile, and per usual, Unwriter continues to publish a mind-boggling number of experiments and they are always open source. A great advantage to open source software is how the practice invites collaboration and sharing, even if programmers are not on the same development team. Open source projects also permit another development team to make modifications to a project that another set of programmers wouldn’t commit. Couple this scenario with market dynamics and ultimately the free market decides on which incorporated changes suit consumers best. The Fountainhead Cash project is an exemplary model of two competing development teams sharing open source ideas. Just as Ayn Rand’s main character Howard Roark defiantly asked: “The point is, who will stop me?”

What do you think about Fountainhead Cash? Let us know what you think about this subject in the comments section below.

Image credits: Shutterstock, Fountainhead Cash, and Bitdb.

Want to create your own secure cold storage paper wallet? Check our tools section.

The post Inspired by Unwriter’s Apps, BCH Developers Create Fountainhead Cash appeared first on Bitcoin News.



from Bitcoin News http://bit.ly/2RmNpWk
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...
10 comments
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...
Post a Comment
Read more

2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K

As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset will reach between $60k to six-digits this year. Mike Novogratz Predicts $100K Bitcoin: ‘Other CFOs and CEOs Are Saying, What Should We Be Doing?’ Satoshi Nakamoto’s invention has gained mass appeal in recent times as the leading digital asset bitcoin ( BTC ) has reached its highest value ever in 2021. On Thursday morning (EST), BTC spiked to an all-time high (ATH) at $48,697 per unit. Earlier in the morning at around 2 a.m., bitcoin was exchanging hands for $44,485 and saw an 8.98% increase since then. At the time of publication, at 6:30 p.m. (EST) on February 11, 2021, bitcoin (BTC) is swapping for $47,821 per coin. With BTC so close to the $50k mark, people have been forecasting ...
Post a Comment
Read more