Former Bitcoin Developer Mike Hearn Steps Down From Enterprise Blockchain Fir...
Hearn will become CEO of a new firm while remaining a technical adviser to R3.
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Reaching consensus can be difficult, and that’s something Mike Hearn wanted to tell the world on January 14th. In a Medium post, he calls “The resolution of the Bitcoin experiment” long-time Bitcoin developer Mike Hearn has left the industry. The statement that is quite long goes into a very detailed testimony to why he’s left and that he sold all his bitcoins. Mike Hearn former Google engineer and the first person to implement Bitcoin in Java, lead developer of the controversial XT fork, and a person whose software he’s “written has been used by millions of users” is all done with the....
Mike Hearn, former Bitcoin Core developer and the main person behind Bitcoin XT along with Gavin Andresen has made it to the headlines of almost all major tech, business and cryptocurrency news publications out there. It all happened after he wrote a blog announcing his departure from the Bitcoin domain. In his blog, Mike has explained the reasons behind his dissatisfaction with Bitcoin. According to him, the Bitcoin network is currently in a a lot of trouble and it may even be beyond repair. He believes that Bitcoin has now become a failed experiment and he has washed his hands of it by....
On January 15, 2016, Mike Hearn officially resigned as a full time Bitcoin core developer. Over the past five years, Hearn dedicated himself in contributing to the Bitcoin network and community, writing software that is now used by millions of users and hundreds of developers worldwide. Hearn designed JAVA implementation and libraries, which are now heavily used by many mobile wallets and services in the industry. Regardless of his significant contributions, Hearn ultimately decided to leave the community because of his strong belief that Bitcoin – as a technology – has failed. The....
Drama engulfed the Bitcoin industry over the weekend as longtime developer Mike Hearn announced his departure from the Bitcoin space. As Hearn announced he had divested from Bitcoin in December, Bitcoin Classic – a successor to Bitcoin-XT as a new client – appeared on the scene as a possible new implementation of the Bitcoin protocol.Many in the Bitcoin industry celebrated the new solution, despite the reality that the coding is not done, and the main developer on the project once noted that he was an average C++ programmer. This hasn’t stopped industry leaders like Coinbase CEO Brian....
Former Bitcoin Core developer and current R3 employee, Mike Hearn, has claimed that Blockstream – a blockchain-based startup comprised by a group of Bitcoin core developers is the source of the refusal behind Bitcoin’s block size increase. He also cites that Bitcoin’s “leader” is Blockstream co-founder and CTO, Gregory Maxwelll. In a post made on a public forum today, Hearn directly asserts that Blockstream co-founder and CTO Gregory Maxwell – also a Bitcoin Core developer – is the reason for the refusal to “bump” Bitcoin’s block size. Beyond the revelation, Hearn directly calls Maxwell a....