Bitcoin Foundation Changes Focus, acts like a Startup.
Mt. Gox fell hard, the prices fluctuate, the graphs are sinusoidal, bankruptcy and getting hacked has become a routine. This has been the life of a bitcoin in the last two years. Every time there is something new and powerful, two groups eventually emerge. The Supporters. The Skeptics. Both these groups work against each other and help make things better, together. Bitcoin Foundation. The Support & Advocacy Group in the case of Bitcoins is the Bitcoin Foundation, founded in 2012. The skeptics are everyone who doesn't use Bitcoins yet. Patrick Murck, served as the General Counsel of the....
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The Bitcoin core just became the beneficiary of a lot more attention. The Bitcoin Foundation will soon hire a new full-time Bitcoin developer and provide Bitcoin developer training and certification. The Bitcoin Foundation has announced its decision to focus on Bitcoin core development. The Bitcoin Foundation, the first non-profit trade organization dedicated to Bitcoin that was founded in 2012, is continuing a public refocusing of its efforts under new Executive Director Patrick Murck. The Bitcoin Foundation's Jinyoung Lee Englund explained: In the beginning, the foundation did it all -....
The Bitcoin Foundation has announced that it will seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. The news coincides with the publication today of three surveys conducted by the Bitcoin Foundation suggesting that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on core development. The organisation wrote in its official blog post: "In the beginning, the foundation did it all - public policy, education and outreach, core development - primarily because there was no....
The Dogecoin Foundation has been reestablished with “a renewed focus” to accelerate the development of Dogecoin. Among the foundation’s advisers are Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of Tesla CEO Elon Musk’s family office. Dogecoin Foundation Relaunched The Dogecoin Foundation has been reestablished “with a renewed focus on supporting the Dogecoin ecosystem, community and promoting the future of the Dogecoin blockchain,” the foundation announced Monday. After being inactive for many years, the foundation tweeted Monday:....
Voxelus, which considers itself to be the world’s first virtual reality (VR) content creation platform and marketplace, has launched a Voxel Foundation to expand the use of Voxel, its in-game cryptocurrency. Voxelus will fund the foundation with a grant of 5 million Voxels, with as much as 10 million more Voxels in the future to support its mission, according to CEO Martin Repetto. The foundation will expand the cryptocurrency to work with a variety of games, networks, VR platforms, brands, advertisers and entertainment content providers. The foundation will support Voxelus adoption in....
The Bitcoin Foundation has faced scrutiny in the past for multiple reasons. As of now, however, it seems the Foundation is a taking sharp turn to redirect the operation. Some of their self-admitted challenges include reputation struggles, lack of focus, declining membership revenue, falling bitcoin price and a weak balance sheet. In its latest press release, the Foundation says it is refocusing its efforts "to instill some organizational discipline around reducing expenses, eliminating distractions and focusing on revenue-generating activities."Additionally, the Foundation has announced....