Bitcoin Core Opens Doors to Outside Funding With Sponsorship Program
Bitcoin Core has announced a new sponsorship program, a move that finds the largely volunteer community that develops the open-source bitcoin software opening its development process up to funding from industry stakeholders. The announcement comes weeks after the Massachusetts Institute of Technology announced a $900,000 support fund aimed at promoting bitcoin development. In that instance, however, the funds are being directed to three specific developers – Gavin Andresen, Cory Fields and Wladimir van der Laan. In interview, Van der Laan, the project's lead maintainer told CoinDesk that....
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Bitcoin Core, the open source project that maintains bitcoin client software called “Bitcoin Core,” has launched a sponsorship program in an effort to involve more of the cryptocurrency community in the project. The sponsorship program provides a way for the industry to support research, projects and development. Some of the more overlooked aspects of the project include infrastructure, communication and project coordination. Due to the complexity of the bitcoin system, individuals with domain expertise who can support research, design and testing are scarce. These experts have an....
The Bitcoin Core development team launched a “Sponsorship Programme” on Monday that intends to provide an easy access point for the Bitcoin industry to support Bitcoin's long-time reference client with both funding and other types of contributions. Bitcoin Core developer and Ciphrex CEO Eric Lombrozo: “The entire ecosystem depends on projects like Bitcoin Core, but most companies haven't really had a way of contributing resources for this effectively. We want to offer that, and encourage greater involvement in the development process.” The sponsorship program is not the first attempt to....
Funding Bitcoin development seems to have always been problematic. While the Bitcoin industry collectively has raised more than a billion dollars worth of investment over the past years, development of the Free and Open Source Software the industry largely relies on has always had trouble gathering sufficient funds and manpower for development. Several arrangements to raise funds have been tried over the years – but with varying degrees of success and longevity. Bitcoin Core, considered by many to be Bitcoin's “reference client,” therefore, announced a “Sponsorship Programme” earlier this....
The Bitcoin Core Sponsorship Programme has recently been announced, which is dedicated of foster innovation in the world of Bitcoin and digital currencies. There is a lot of research and development waiting to be completed, and keeping in mind how Bitcoin Core powers the majority of the existing Bitcoin infrastructure, it makes sense to ask for help. Bitcoin Core Sponsorship Programme is Important. Even though the ongoing “battle” between Bitcoin Core and Bitcoin Classic is still going up, the Bitcoin Core Sponsorship Programme is not about adding more nodes or mining pools to the network.....
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