Bitcoin Core dev receives grant for maintaining BIP repository

Investment money Maelstrom has awarded a assistance to a Bitcoin Core developer for maintaining nan Bitcoin Improvement Proposals (BIP) repository. The assistance was fixed to Jon Atack, a elder developer astatine Bitcoin Core who started contributing successful 2019. 

In a property merchandise sent to Cointelegraph, Maelstrom main finance serviceman Arthur Hayes said that nan financial support allows Atack to attraction connected his activity connected Bitcoin. Hayes said that 1 of nan fund’s goals is to support seasoned Bitcoin Core developers. The executive said: 

“Jon has complete state to activity connected whichever portion of nan Bitcoin codebase he likes from immoderate location astir nan globe. As a elder developer connected Bitcoin Core, Jon represents an early adopter and cardinal personnel of nan community.” 

Hayes hopes to place much assistance candidates to thief amended nan adjacent procreation of developers wrong nan Bitcoin ecosystem. 

Bitcoin needs continued vigilance, reappraisal and updates

In nan announcement, Atack said that open-source package and Bitcoin play a domiciled successful striving for causes for illustration quality freedom, decentralization of power, individual privateness and self-sovereignty. However, maintaining nan web requires continued work. Atack explained: 

“Bitcoin isn’t perfect. Among different things, it needs further decentralization, continued vigilance, review, bug-fixing, updates, maintenance, and improved robustness, performance, privacy, scaling, archiving and personification experience.”

Because of this, nan developer pledged to thief and work nan web and said that he would proceed to activity connected nan decentralization and robustness of Bitcoin. 

“My clip will beryllium chiefly invested successful reviewing and context-packing proposals for these projects to thief move them guardant and perchance drawback breaking changes and beryllium capable to thief support them,” Atack added. 

Maelstrom told Cointelegraph that Atack received a $100,000 grant. The developer is besides receiving different assistance from nan Bitcoin inaugural OpenSats. 

Related: Bitcoin halfway dev to ‘unite’ Bitcoin and Ethereum pinch cross-chain tunnels

Maelstrom Bitcoin assistance program

Maelstrom announced nan assistance programme connected July 17 to advance Bitcoin’s development. The assistance programme offers backing ranging from $50,000 to $150,000 connected a 12-month basis, which tin stack up to $250,000 per individual developer. 

Source: Gareth Jenkinson

In a erstwhile Cointelegraph interview, Hayes emphasized nan importance of supporting developers successful maintaining nan network. The executive said that nan ecosystem could beryllium susceptible to threats without funding.

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