Bitcoin Foundation Director: No Plans to Fund Core Development
Newly appointed Bitcoin Foundation executive director Bruce Fenton has indicated that the trade organization is unlikely to pursue proposed plans to support bitcoin core development. The statements come on the heels of Wednesday's announcement that bitcore core developers Gavin Andresen, Wladimir van der Laan and Cory Fields had joined MIT Media Lab's Digital Currency Initiative in a full-time capacity due in part to the financial issues facing the Bitcoin Foundation. Fenton reported that he was "not part" of discussions about the core developers joining MIT, but that the Foundation would....
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The Bitcoin Foundation is a Bitcoin development organisation that currently focuses on supporting a few core developers and expanding this support to include specialist programmers that work on external viable Bitcoin infrastructure software through grant programs. The Foundation also attends conferences for the promotion of Bitcoin and was previously involved in global Bitcoin adoption on the regulatory and political front. This February, there will be new Bitcoin Foundation Elections to elect persons to two Director positions that will be representative of the wider community as....