Bitcoin Development Grant Allocates $1.2 Million For Protocol Development, Establishes ‘No Official’ Bitcoin

Bitcoin Development Grant Allocates $1.2 Million For Protocol Development, Establishes ‘No Official’ Bitcoin

Bitcoin.com, Bitmain Technologies and several bitcoin companies have announced a $1.2 million Bitcoin Development Grant for bitcoin protocol development. There is to be no “official” bitcoin. The statement announcing the grant acknowledged there has been a “deep rift” that has distracted the bitcoin community. The grant is to support teams working on bitcoin protocol, foster the greater diversity of innovation and improve freedom of choice for bitcoin users. Founding Principles Stated. The Bitcoin Development Grant website cited the following principles as a foundation upon which to....


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