The Bitcoin Foundation: Time to step up?
Bitcoins and Trade Beads. Bitcoin, the foremost cryptocurrency, has, in the past five years, enjoyed a meteoric rise; it has been seen to be, to coin a phrase, a phenomenal success. However in the recent past some observers have voiced concerns, and it is the role of the Bitcoin Foundation in seeking to deal with these concerns that I wish to seek to address. Perhaps, I simply don't see the complexities that may be involved and the simplistic solutions, which most people would find to be blindingly apparent, will turn out not to work. If this is the case, please feel free to tell me. On....
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Recently elected Bitcoin Foundation director Brock Pierce has dismissed allegations made by detractors in a new letter addressed to the other members of the organization's board of directors. He wrote in the letter, obtained by The Wall Street Journal, that he regretted the furore created following his election, but stated that he would not step down from the Bitcoin Foundation board. Brock said further that resigning in the wake of "hateful and uninformed chatter on bitcoin forums" would not be "rational, prudent or warranted". Brock added that such an act would be detrimental to the....
South Africa’s Llew Claasen was appointed as the new Executive Director of the Bitcoin Foundation because they think he has the skill that is needed now to move the Foundation forward. He said that there is an amazing opportunity for the organization to help the Bitcoin ecosystem. In this interview, he sheds light on his appointment and the organisation he leads. CoinTelegraph: Did your appointment as the executive director of Bitcoin Foundation come as a surprise? Llew Claasen: Yes! I was in Italy on vacation at the time that the Board approved my appointment and within days I was on a....
Half of the proceeds from an apparently errant bitcoin transaction, in which 291 BTC (then $136,000) was sent as a fee, has been given away by the recipient mining pool. The Bitcoin Foundation said today that it received 146 BTC ($65,000) from BitClub, which on 27th April received the fee as part of block 409,008 on the network. The transaction drew notable industry attention and media coverage, given that the average transaction fee at the time was 31 satoshis, or less than $0.01. Following the incident, BitClub issued a public call for the individual behind the transaction to come....
Jon Matonis has announced he will resign from his position as executive director of the Bitcoin Foundation, and that he intends to step down from the group's board of directors at the end of his term on 31st December. Bitcoin Foundation general counsel Patrick Murck will take over immediately as its newly appointed executive director, while Matonis' board seat will be filled in a January 2015 election that will also appoint new members to positions vacated by Peter Vessenes and Gavin Andresen. Matonis has served as the head of the bitcoin industry's oldest trade organisation since July....
Announced today: the Bitcoin Foundation's Executive Director, Mr. Jon Matonis, will be stepping down from his position at the Foundation effective tomorrow (October 31st). His resignation expands to his board seat, which he will step down from on the 31st of December. The seat will be open for the upcoming board election. Stepping into his place as Executive Director is the Foundation's General Counsel, Mr. Patrick Murck. This will also leave open a space for the General Counsel position at the Foundation. "Leading the Bitcoin Foundation has been a once in a lifetime opportunity. Merging....