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The Digital Currency Initiative at the MIT Media Lab has announced that it has raised $900,000 for a Bitcoin Developer Fund from a number of interesting donors. The goal of the new fund is to cover salaries, travel and overall support of Bitcoin protocol development efforts, including events like workshops.
The donors include firms such as the bitcoin mining giant BitFury, the world’s largest bitcoin mining hardware producer Bitmain, Chain, Circle and Nasdaq as well as individuals such as Jim Breyer, Jim Pallotta, Jeff Tarrant, Reid Hoffman and Fred Wilson.
Valery Vavilov, CEO of The BitFury Group, commented: “It is important that we as ... (read more)