BitPay Hires Jeff Garzik

BitPay has lured one of the key volunteer bitcoin developers to work for it full time. Jeff Garzik will be coding for the company, which will also allow him to develop software for the broader bitcoin community. Garzik has worked at Red Hat, a developer of LINUX software, since 2002, serving as principal software engineer. He has also been a core bitcoin developer since the beginning, working on the Satoshi client, and is listed as one of seven such developers on bitcoin.org. He founded the site Bitcoin Watch, which provides real-time snapshots of bitcoin market data. His full-time....

Jeff Garzik is one of the most respected developers in the Bitcoin industry. He has been a Bitcoin core developer and has worked for various other companies, such as BitPay. Recently, he started his own blockchain-as-a-service firm, Bloq, which will serve enterprise clients who wish to develop stems on a private, public or confederated blockchain. In a recent discussion with Bitcoin Magazine, Garzik expressed his belief that, currently, blockchain technology is moving from Step Three to Step Four in a model he crafted. “Step One is digital currency, the very first use case of blockchain,”....

While many people believe there is a divide in the Bitcoin community when it comes to the early-adopting libertarians and the new breed of venture capitalists, it seems that the real battle in the world of cryptocurrency is between Bitcoin and appcoins. Around the same time that Chris Odom, the creator of Open Transactions, was dismissing the relevance of altcoins at InsideBitcoins London, Bitcoin core developer Jeff Garzik was tied up in a public spat with the NXT community. As someone who has been suspicious of projects that create their own cryptocoins for quite some time, I'm happy to....

In a post written by Jeff Garzik, digital currency payments processor BitPay has announced plans to bitcoin display prices as "bits" or "uBTC". The topic has been much debated in the community, and according to Garzik, "this is a human interface and technical issue that warrants careful consideration." Citing that moving to "bits" would be most compatible with existing financial software, the following is an outline of BitPay's plan: Go to six decimal places, up from 4. Drop leading "0." Prices are now expressed in micro-bitcoins (uBTC or "bits"). When necessary, add two decimal places.....

Bitcoin entreprenuer Jeff Garzik has started Bloq, a code-for-hire service to develop features for blockchain software and provide access to blockchain support, according to Bloomberg. The company charges $3,000 to $5,000 per month. PriceWaterhouseCoopers has agreed to sell the service to its customers. “That opens up a lot of doors for us early in the company’s lifetime,” Garzik said. “Companies know who to call at 3 a.m. if the blockchain is melting down.” Garzik modeled Bloq on Red Hat Inc., which helped businesses develop and deploy Linux and other open-source software. From working at....