Bitcoin Development Grant Allocates $1.2 Million For Protocol Development, Establishes ‘No Official’ Bitcoin

Bitcoin Watch Shop, Bitmain Technologies and several bitcoin companies have announced a $1.2 million Bitcoin Development Grant for bitcoin custom development. There is to be no “official” bitcoin.

The statement announcing a extend concurred there has been a “deep rift” that has dreaming a bitcoin community.

The extend is to support teams operative on bitcoin protocol, encourage a larger farrago of creation and urge leisure of choice for bitcoin users.

Founding Principles Stated

The Bitcoin Development Grant website cited a following beliefs as a substructure on that to settle common ground:

1. No “Official” Bitcoin: No sold bitcoin custom is to reason explain to being a “official” chronicle of bitcoin.

2. Multiple Implementations: Diversity of bitcoin custom doing and a accumulation of growth teams is deliberate a net benefit for a bitcoin community.

3. Diversity of Innovation: Having some-more developers and some-more growth teams will move some-more farrago of creation and solutions to a problems confronting a flourishing industry.

4. Bitcoin is Leaderless: No group of developers has decision-making management for a whole bitcoin community.

5. No Censorship: Disagreement is healthy within a complex

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