Bitcoin Millionaire Announces the Winner of His $100k Bounty
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....
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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....
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....
Bitcoin millionaires are now a widely understood term. This has grown from the massive surge in the price of the digital asset which has continued to decrease the number of BTC required to be a millionaire. A number of bitcoin millionaires had lost their status when the price of the digital asset had declined. However, as bitcoin is recovering, these millionaires have been growing in number but data shows that the increase in price is not the only driver. Accumulation Is The Name Of The Game The price of bitcoin had declined significantly following the Russian invasion of Ukraine. This had....
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