Some altcoin Forked Off Of Bitcoin Forking Again To Implement Developer Tax On Block Rewards

Roger Ver (WoT:nonperson) and Jihan Wu (WoT:nonperson), have announced a 6 month plan to implement a 12.5% tax on block rewards in order to fund development on their ailing forkcoin project. The developer tax will fuck the altcoin's protocol layer to orphan blocks by miners refusing to participate in the redistribution of wealth towards an entity known only as the "Hong Kong corporation" at press time. Details regarding who will receive funding and how supposedly remains under discussion. Some BCH miners have expressed displeasure with the tax, though BTC.TOP mining pool founder Jiang Zhuoer (WoT:nonperson) claims the issue isn't up for debate, going so far as to quote former Chinese communist party leader Deng Xiaoping in defense of the move:

Non-debate theory is my invention. Non-debate, is to gain time to work hard. When you debate, everything becomes more complicated and it wastes time. Nothing can be done. Don’t debate, and just try. Be brave and experiment.

Plans are for the mandatory tax to become effective on May 15 when their biannual hard fork "update" is scheduled.

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