Bitcoin CoreDev reflections 2019-2020

In January, John Newbery sent out a Bitcoin Core contributor survey in preparation for the March Coredev meeting, which was later canceled due to COVID-19. Given that the year is coming to a close, I thought it might be good timing to retrospect on those responses (even though they are now somewhat outdated) in preparation for another survey in early 2021.

Starting a Bitcoin 501(c)(3)

This post outlines research to create an independent 501(c)(3) nonprofit organization to help fund deserving Bitcoin contributors.

Funding Bitcoin Development

I’m grateful that Chaincode doesn’t have an open grant process. It’s an enormous time investment to do well. Square Crypto, BitMEX, OKCoin, and others should be lauded for their financial contributions back to the ecosystem. But after convincing the higher-ups that grants are a good idea, the real heroes dig in to read all those applications and talk with dozens of candidates. Over this past year, it’s been a thrill to see an uptick in dev funding. I’ve witnessed life-changing grants that allow developers and researchers to turn 100% of their attention to Bitcoin development. That trend seems to be accelerating with more individuals and exchanges recognizing the importance of supporting the devs that secure our Bitcoin future. I enjoy giving Peter McCormack flack as much as the next bloke, but it’s hard to avoid appreciating his use of his platform to advocate that bitcoin corporations acknowledge their responsibility to financially contribute to the maintenance of the infrastructure that underlies their businesses.