With Bitcoin, Open-Source Money Is Enhancing Open-Source Code
Bitcoin, an open-source monetary system, can supercharge open-source development projects and vice versa.The below is a direct excerpt of Marty's Bent Issue #1160: "Open source money enhancing open source code." Sign up for the newsletter here. via Ten31 via Ten31 Here's a great piece from Grant Gilliam, someone I am proud to call a friend and business partner at Ten31. In it, Grant dives into the ways in which Bitcoin, an open source monetary system, can supercharge open source development projects in the space and vice versa.Many underestimate the power of open source software and its....
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One of Bitcoin's most important security features, a crucial property that makes the system trustless, is its open source nature. Because Bitcoin’s code is open source, anyone able to read code can check for themselves whether it does what it's supposed to do. Plus, as per Linus's Law: Given enough eyeballs, all bugs are shallow. But open source code doesn't necessarily eliminate all risk. Users still need to trust that the software they run on their computers actually reflects the open source code as it should. To eliminate this risk, Bitcoin developers have developed a fierce security....
"If you can, you should." Never has this phrase been more applicable than in the realm of open source technology. For those not in the know, "open source" refers to any code or blueprint that has been deliberately made available for reproduction-basically, one not subject to copyright restrictions. Bitcoin, of course, is a prime example. It sounds simple, but the effects of open source technology are quite profound. Advocates love to talk about freedom and creativity, but the greatest aspect of the open source community is how efficient it is. Everyone can see exactly how an open source....
Privacy-centered digital currency Darkcoin (DRK) is now a fully open-source cryptocurrency as it unveils its source code and moves out of the beta stages of development. Last Monday, Darkcoin' s developers released its latest version called RC5. Following this release, the developers believed their software was ready for mainstream use and decided to open the source code of its key technology, Darksend, according to a press release. Just as Bitcoin, developers can now build upon Darkcoin's source code. Introduced in January 2014, Darkcoin is a privacy-centered P2P cryptocurrency, initially....
Open-source software projects are starting to use bitcoins as a way to pay programmers for their work. Open-source software is developed under a license that enables anyone to view and modify its source code. Many commercial projects use open-source code, and popular software such as Linux is based on it. Although most open-source developers volunteer, there has also been a growing tradition of bounty sites, which will pay open-source developers for their help in developing software. These sites have used traditional currencies. Now, Bitcoin Bounties has a system that will enable....
The Bitcoin network has been supporting the Open Execution principle for quite some time now, as services owners can’t run away with people’s bitcoins, and no one else can use your coins and send them to somebody else. Moreover, no additional money can be created out of thin air. Open source software is part of the nature of digital currency and blockchain technology, as these solutions belong to everybody in the world who wants to embrace them. But some people have started to look beyond open source, and the term Open Execution is starting to pop up more often. But what does this new term....