The project was initiated by John Newbery and James O’Beirne, developers at New York-based Chaincode Labs, a cryptocurrency development company and a major contributor to Bitcoin Core — Chaincode Labs is paying their salaries to work part-time on the venture.
The group is targeted to Bitcoin’s open source developers, exchanges, wallet providers and other industry players.
In the future, Bitcoin Optech may perhaps also tackle the Lightning Network, Schnorr signatures and scriptless scripts, when these technologies become more mature.
So far, the group has produced four weekly newsletters and held its first workshop earlier this week in San Francisco.
“We’re excited to work with Optech on the effort to scale and improve bitcoin,” Brock Miller, lead bitcoin engineer at Coinbase, said in a statement.
Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle.
The Federal Reserve (FED) of San Francisco is looking to hire a senior application developer to develop novel systems related to central bank digital currency (CBDC)
A blockchain developer has created an appropriately titled sh*tcoin to track poop sightings in San Francisco. Despite its more humorous nature, the project may have some real-world applications. The city’s homelessness crisis remains grim.
The Internet Archive, a San Francisco-based non-profit digital library—reported receiving $2,500 in Basic Attention Token (BAT) tips. The browser’s micro-donations feature has also been endorsed by several other major websites, which could mean a web driven by ads and the sale of user data could become a thing of the past, suggested Archive.
Dragonfly Capital Partners, a fund led by crypto investor Alexander Pack and experienced Chinese venture investor with 20 years of experience Bo Feng, has raised $100 million for its first fund to invest in cryptoasset startups.
Block.one, the company behind EOS, announced the highly-anticipated location for part four of its first-of-a-kind global blockchain hackathon. We're going to San Francisco! Developers, designers and entrepreneurs – are you ready to join us Stateside on Nov 10-11 for part four of our first-of-its-kind blockchain hackathon series? Sign up here for the first-ever #EOSHackathon event […]
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