Olivier Janssens Creates $100,000 Bounty For Software That Will Replace The Bitcoin Foundation
Olivier Janssens, an early adopter of Bitcoin has created a $100,000bounty for software that will replace the need for the Bitcoin Foundation. The bounty of about 250 Bitcoins will be given to the developer that develops the best software for the goals of Janssens. Janssens views the Bitcoin Foundation as the exact thing that Bitcoin was created to avoid. Despite Bitcoin being a transparent network of transactions, the Bitcoin Foundation is not transparent in their actions, nor do they always ask the opinions of the community before implementing new updates or technology. Janssens seeks to....
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Back in mid-May, we posted about bitcoin millionaire Olivier Janssens and aninitiative he started to get the community to program a software platform that could replace the Bitcoin Foundation. A bounty of $100,000 was offered, and today, Janssens has announced a winner. "I am now confident though that I have selected the best possible winner. I have also selected a runner up because these guys deserve to get a prize for what they accomplished," he wrote Wednesday on a Reddit.com post. He writes (in full): Before I go into the details of who won, I want you to know the rationale behind my....
You can always find some interesting things when you browser the Bitcoin subreddit on social sharing website Reddit. An early adopter and self-proclaimed bitcoin millionaire Olivier Janssens took to the page to propose a $100,000 bounty to anyone who can develop a software platform that could replace the Bitcoin Foundation. The Bitcoin Foundation, of course, is a major player in the bitcoin community. The Foundation says on their website their presence is critical in order to bring legitimacy to bitcoin. But many in the community have disagreed with the direction the Foundation has taken....
Back in May, Olivier Janssens posted a bounty for software that would replace the Bitcoin Foundation. Lighthouse, led by Mike Hearn, was awarded the $90,000 bounty on Wednesday. Lighthouse is a crowdfunding platform designed by Bitcoin core developer Mike Hearn. It runs over the blockchain. Think of Kickstarter, but decentralized and funded by Bitcoin. Hearn hopes it will be used to fund the Bitcoin developers directly. It could be used to spur Bitcoin adoption elsewhere, by launching a campaign to sponsor ATMs in Africa, for example, Janssens said. Funding the salaries of core Bitcoin....
BitcoinJ developer and former Google engineer Mike Hearn, creator of the decentralized crowdfunding platform Lighthouse, has been awarded the majority of a $100,000 bounty. The bounty was offered by self-proclaimed bitcoin millionaire and entrepreneur Olivier Janssens, who in a post on the bitcoin subreddit from June called for a platform to facilitate funding for critical bitcoin projects. In his original statement, Janssens argued that the Bitcoin Foundation was failing to adequately fund bitcoin core development. Because of this, he stated, the bounty winner's project should serve as a....
Barely a week after we reported that the Bitcoin Foundation is facing a severe cash crunch, the organization has "forcibly removed" member Olivier Janssens as he opposed the idea of further fundraising without a plan in place. The announcement was made by Olivier himself on popular social platform Reddit. He shared the entire sequence of circumstances which led to his removal. He said that a discussion on the future of the Foundation soon turned ugly when someone (unnamed) started a vote on shutting down the organization. Well, that should have been done as the Foundation is only left with....