Mike Hearn's Lighthouse Wins Bitcoin Foundation Replacement Bounty
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....
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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....
This is a guest post by Richard Boase. A Bitcoin millionaire from Monaco who recently posted a bounty on Reddit for $100,000 for a proposal that could replace the Bitcoin Foundation has announced Mike Hearn's Lighthouse initiative as the winner of $40,000, with a further $50,000 pledged to any developers who put significant work into the development of the protocol itself on the Lighthouse platform. Janssen has also offered the remaining $10,000 as a runner's-up prize to Casey Kuhlman and Dennis McKinnon for their Project Douglas/ERIS platform, the first legally structured DAO which runs....
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....
Lighthouse, the bitcoin-powered crowdfunding application, has officially launched. The beta version of the app, which developer Mike Hearn described as a specialized wallet for decentralized crowdfunding, is now publicly available for download. The release follows months of development, which included an investment from noted bitcoin entrepreneur Olivier Janssens. The app is designed to function as a streamlined tool for using smart contracts to commit pledges to particular projects, which can range from bitcoin development initiatives to charity drives. Currently, the only project....
BitcoinJ developer and former Google engineer Mike Hearn is working on a new decentralized crowdfunding platform that will support bitcoin transactions and could lead to a reshaping of the peer-to-peer finance landscape. The crowdfunding platform, called 'Lighthouse', was announced during a talk led by Hearn at the Bitcoin2014 conference in Amsterdam. Hearn later elaborated on the announcement in a 17th May blog post. Like other crowdfunding platforms, Lighthouse will serve as a means for users to create projects and pledge funds to others. Hearn wrote, however, that its primary aim will....