MIT’s Digital Currency Initiative Establishes $900000 Bitcoin Developer Fund

MIT’s Digital Currency Initiative Establishes $900000 Bitcoin Developer Fund

The Digital Currency Initiative (DCI) in part with the MIT Media Lab has announced in a blog post that a $900,000 Bitcoin Developer fund has been started to help fund independent research of Bitcoin associated technology.

Appropriately, the fund has a specific wallet set up to accept funding donations in the form of Bitcoin as well. The fund will remain open for contribution for the foreseeable future as long as a need for providing a home for Bitcoin developers is needed.

One of the most remarkable benefits of this fund is the overall positive impact that it could have on Bitcoin as a whole, as well as potentially the entire cryptocurrency and blockchain technology space. DCI as an organization is completely agnostic when it comes to the block size debate and Classic vs. Core, so hopefully the best findings in regards to all aspects of the technology will be discovered. The projects developed with these funds within DCI will be under the MIT Licensing agreement and

Read more ... source: TheBitcoinNews

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