Imminent Lighthouse Beta Launch To Challenge Bitcoin Foundation's Development Role
Core Bitcoin developer Mike Hearn is preparing to go live with his 'Lighthouse' crowdfunding project, switching to main net for the first time ahead of an imminent public Beta. The lighthouse project has been eagerly awaited by many decentralization enthusiasts within the Bitcoin community. It is hope that it could one day replace the centralized role of the Bitcoin Foundation in funding and guiding the direction of the coin's core development with a public, transparent, and more decentralized alternative which seems to be more in keeping with the Bitcoin's character. Rather than being a....
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Alyssa Hertig reported Monday that the Bitstamp exchange warned users to halt any deposits because of a hot wallet issue. We later found out that hackers stole more than US$5 million from one of the exchange’s hot wallets. On Friday, Ian DeMartino reported that Bitstamp came back online. Charlie Richards reported Thursday that Mike Hearn’s long-awaited Lighthouse project is preparing its beta launch. Ian DeMartino has been all over the Paycoin story, as its many dimensions unfold. “Mike Hearn, one of the Bitcoin project's core developers, is preparing to launch the beta of the Lighthouse....
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....
Lighthouse, a blockchain-based crowdfunding application, has gained traction since its launch on January 20th. Since it is built on top of the blockchain, Lighthouse is totally decentralized, eliminating the need for a centralized management system. Lighthouse allows anyone to crowdfund their project on the application, without any registration or fees, and all funds raised through the app are raised with bitcoins exclusively. The first project funded on Lightouse was Medic Mobile, a non-profit providing real-time information to medical workers in developing countries. The project raised....
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....
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....