Bitcoin Foundation to Focus Solely On Bitcoin Core Development

Journalist:
Caleb Chen @bitxbitxbitcoin
November 20, 2014

The Bitcoin core  just became the beneficiary of a lot more attention. The Bitcoin Foundation will soon hire a new full-time Bitcoin developer and provide Bitcoin developer training and certification. The Bitcoin Foundation has announced its decision to focus on Bitcoin core development. The Bitcoin Foundation, the first non-profit trade organization dedicated to Bitcoin that was founded in 2012, is continuing a public refocusing of its efforts under new Executive Director Patrick Murck.

The Bitcoin Foundation’s Jinyoung Lee Englund explained:

In the beginning, the foundation did it all — public policy, education and outreach, core development — primarily because there was no one else to do it. Thankfully we’ve come a long way since then and as the ecosystem matures, just as with any startup, its time to start shedding hats and specializing.

Also read: Bitcoin Foundation Announces Next Chapter of Leadership

Bitcoin Foundation Surveys

The Foundation recently saw a change in leadership as Jon Matonis was replaced by Patrick Murck as Executive Director of the Bitcoin Foundation. Since Murck’s appointment, the Bitcoin Foundation has completed a Reddit AMA and three surveys to gauge public interest and gain support for a new direction.

The Bitcoin Foundation noted these important statistics that lead to their goal change:

  • 54.66% of our individual members joined just to support the cause
  • 51% accumulatively believe core development is the most important work of the foundation
  • 57% are most worried about scalability

Bitcoin Foundation to Hire More Bitcoin Developers

The Bitcoin Foundation has committed to supporting core development, which it has realized the Bitcoin community wants and deserves.

We’ve found our true calling. Our members are signaling that its time to return to our roots and that is to focus on funding the ongoing core development to build out the critical infrastructure that serves as the foundation of this brand new digital ecosystem.

Some of the practical steps that are underway as we change course are: shedding anything that does not support core development, preparing to bring on at least one additional full-time developer for testing within the next several months, and launching at least 4 developer training and certification workshops around the world starting 2015.

What do you think about the Bitcoin Foundation’s move? Comment below!

Images from Shutterstock.

Caleb Chen @bitxbitxbitcoin

Caleb is a graduate of the University of Virginia where he studied Economics, East Asian Studies, and Mathematics. He is currently pursuing his MSc in Digital Currency at the University of Nicosia.