Who Funds Bitcoin Core Development? How the Industry Supports Bitcoin's 'Reference Client'

Who Funds Bitcoin Core Development? How the Industry Supports Bitcoin's 'Reference Client'

Funding Bitcoin development seems to have always been problematic. While the Bitcoin industry collectively has raised more than a billion dollars worth of investment over the past years, development of the Free and Open Source Software the industry largely relies on has always had trouble gathering sufficient funds and manpower for development. Several....


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Bitcoin Core Launches 'Sponsorship Programme' to Fund Development and More

The Bitcoin Core development team launched a “Sponsorship Programme” on Monday that intends to provide an easy access point for the Bitcoin industry to support Bitcoin's long-time reference client with both funding and other types of contributions. Bitcoin Core developer and Ciphrex CEO Eric Lombrozo: “The entire ecosystem depends on projects like Bitcoin Core, but most companies haven't really had a way of contributing resources for this effectively. We want to offer that, and encourage greater involvement in the development process.” The sponsorship program is not the first attempt to....

Bitcoin Core 0.14.0 Speeds Up Blockchain Syncing By 48%

Some Bitcoin Core users are speculating Bitcoin Unlimited will "copy" this feature soon. One of the main issues people have with the Bitcoin Core client is how slow it works. To be more specific, synchronizing the blockchain takes up quite a lot of time. Developers have found a way to speed up this process by as much as 48%. It appears the new Bitcoin Core client packs quite some punch and solves some lingering issues. All things considered, a positive development that will make quite a few people happy. According to a Reddit post, the Bitcoin Core 0.14.0 client is quite....

Bitcoin Core 0.13.0 is Released: What's New?

Bitcoin Core 0.13.0, the thirteenth generation of Bitcoin's reference client as first launched by Satoshi Nakamoto almost eight years ago, has now been tagged for release. This is one of the final steps in the software release process and initiates the Gitian build process. Bitcoin Core 0.13.0 was developed by some 100 contributors over a period of about five months. And while much of the development effort over this time has also been focused on Segregated Witness, which will be activated only in a future minor release of the software, Bitcoin Core 0.13.0 includes about a dozen notable....

Bitcoin development team patches its own security patch

Bitcoin's core development team published an update to the bitcoin client this week. Version 0.8.4 provides protection against some core DDoS attacks, and also fixes security bugs introduced during the last patch. The patch fixes an attack that could crash a process in the part of the bitcoin client that dealt with Bloom Filters. These are data structures used to decide whether a piece of data is a member of a larger data set, and were introduced in version 0.8 of the client so that only the relevant transactions would be sent to lightweight clients. They are therefore a key feature in....

Bitcoin Core 0.12.0 Brings Lots of Improvements

With the Bitcoin block size debate in full effect to this very day, development of the Bitcoin protocol has to carry on regardless of political agendas. The Bitcoin Core developers have released their new client, which offers a ton of significant additions and features. It is important to stick to a particular schedule, regardless of the block size debate. These new changes pave the way for full focus on increasing the block size through Segregated Witness come April. The Bitcoin Core 0.12.0 Release Notes. After thoroughly testing various release candidates for the Bitcoin Core 0.12.0....