A new grant project aimed at greater diversity in Bitcoin development is offering $1.2 million USD to fund programming teams working on the protocol. Also read: Waves Releases Full Node Code to Increase Network Decentralization Many High Profile Industry Backers In a post titled “A Statement from Members of the Bitcoin Community,” several prominent individuals and companies in the Bitcoin space declared their support. The two signers contributing to the grant fund are mining company Bitmain and
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There’s never been a whirlwind of politics surrounding an open source project on the scale that we see with Bitcoin. Alternative implementations are considered controversial on principle, and Core devs can’t propose a bug fix without being accused of manipulation on behalf of outside interests. However, BSD, another popular open source project, doesn’t seem to have these problems. Why not? Also read: Ethereum Node Growth Explodes on “Homestead” Release At the same time, though, we’ve
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March 1, 2016 — Zero Knowledge Contingent Payments are have been made a reality for Bitcoin users everywhere. Core dev Gregory Maxwell and Sean Bowe, a member of the Zcash team, completed the first payment of this type on the bitcoin network a few days back, using a simple script to transfer the answer to a sudoku puzzle over the internet for bitcoin in a secure, non-reversible manner. Read Also: Electrum Update Brings Tons of
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Bitcoin is gaining global recognition for being a very disruptive force in the financial industry. Though the community is currently divided by the block size issue, the technology carries on and with it comes the ongoing opportunity to spawn innovation, create new applications for blockchain technology, and start new businesses. Entrepreneurs have been taking advantage of Bitcoin to develop new platforms and businesses that expand the utility of the blockchain and empower people with additional financial power.