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Home»Bitcoin»Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

Bitcoin By Gavin26/09/2024
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MaelstromThe family office of Arthur Hayes (former BitMEX CEO) has given Jon Atack an annual Bitcoin grant. This is his second grant. Maelstrom’s grant program supporting open-source Bitcoin developers.

Jon Having started contributing to Bitcoin Core in 2019, he is an experienced Bitcoin Core contributor. Recenty, he became a Bitcoin Improvement Proposals Maintainer.

A statement is a written or spoken declaration. Arthur Hayes said, “We hope this financial support allows Jon to focus on his work on Bitcoin without worrying about income.” Atack is free to pursue his own interests, as the grant has no strings attached.

Grants help more developers to commit full-time. Bitcoin advocates believe more funding for developers is good for the Bitcoin ecosystem.

Jon said “I’m concerned about human freedom, decentralization of power, individual empowerment, privacy and self-sovereignty. Bitcoin and open source software play a key part in striving for these causes.”

The year will be spent by Jon reviewing and implementing proposals to enhance Bitcoin Core and BIPs. Jon announced that. “Bitcoin isn’t perfect. It needs further decentralization, continued vigilance, review, bug-fixing, updates, maintenance, and improved robustness, performance, privacy, scaling, documentation and user experience.”

Maelstrom wants to boost Bitcoin by giving grants without conditions to developers such as Atack. He is receiving money from OpenSats and another group at the same time.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: bitcoinmagazine.com

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