{"id":94899,"date":"2024-09-26T11:43:37","date_gmt":"2024-09-26T15:43:37","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=94899"},"modified":"2024-09-26T11:43:44","modified_gmt":"2024-09-26T15:43:44","slug":"jon-atack-receives-grant-for-bip-repository","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/jon-atack-receives-grant-for-bip-repository\/","title":{"rendered":"Developer Jon Atack Receives Grant for Maintaining BIP Repository"},"content":{"rendered":"\n

Maelstrom, an investment fund, has made a grant available to a Bitcoin Core developer, Jon Atack, in recognition of his contributions to the\u00a0Bitcoin Improvement Proposals<\/a>\u00a0(BIP) repository.<\/span> <\/p>\n\n\n\n

\"Developer
Developer Jon Atack Receives Grant for Maintaining BIP Repository<\/figcaption><\/figure>\n\n\n\n

Arthur Hayes, Maelstrom's chief investment officer, stated in a press release distributed to Cointelegraph that the financial assistance enables Atack to concentrate on his Bitcoin research. <\/p>\n\n\n\n

Hayes noted that the fund aims to assist experienced Bitcoin Core developers. The executive stated:<\/p>\n\n\n\n

\n

\u201cJon has complete freedom to work on whichever part of the Bitcoin codebase he likes from any location around the globe. As a senior developer on Bitcoin Core, Jon represents an early adopter and key member of the community.\u201d\u00a0<\/p>\n<\/blockquote>\n\n\n\n

Hayes aspires to identify additional grant candidates to assist in educating the next generation of developers within the Bitcoin ecosystem.<\/p>\n\n\n\n

Continuous vigilance, review, and revisions are required for Bitcoin.<\/p>\n\n\n\n

Atack stated in the announcement that Bitcoin and open-source software<\/a> are instrumental in pursuing causes such as self-sovereignty, decentralization of power, individual privacy, and human freedom. Nevertheless, there is an ongoing need for network maintenance. Atack elaborated:<\/p>\n\n\n\n

\n

\u201cBitcoin isn\u2019t perfect. Among other things, it needs further decentralization, continued vigilance, review, bug-fixing, updates, maintenance, and improved robustness, performance, privacy, scaling, documentation and user experience.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Consequently, the developer committed to providing assistance and maintenance to the network, and he stated that he would persist in his efforts to enhance the decentralization and robustness of Bitcoin.<\/p>\n\n\n\n

“My primary focus will be on the review and context-packing of proposals for these projects to help advance them and potentially identify game-changing changes, as well as to assist in their maintenance,” Atack stated.<\/p>\n\n\n\n

Maelstrom disclosed to Cointelegraph that Atack attained a $100,000 grant. In addition, the developer is receiving an additional grant from the Open Sats Bitcoin initiative.<\/p>\n\n\n\n

Maelstrom Bitcoin grant initiative<\/h2>\n\n\n\n

Maelstrom formally announced the grant program on July 17 to facilitate the advancement of Bitcoin's development. The grant program provides funding on a 12-month basis, with a maximum of $250,000 per individual developer, spanning from $50,000 to $150,000.<\/p>\n\n\n\n

\n

Did you know that @CryptoHayes\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> is a big supporter of the #Bitcoin<\/use><\/svg><\/span><\/a> network? I caught up with him at #TOKEN2049<\/use><\/svg><\/span><\/a> last week for @Cointelegraph<\/use><\/svg><\/span><\/a> – he explained why he\u2019s funding Bitcoin core developers through @MaelstromFund<\/use><\/svg><\/span><\/a> \ud83d\udc47

\u2757\ufe0fBitcoin\u2019s Foundational Role: Hayes views Bitcoin as the\u2026 pic.twitter.com\/qI9uH9eQfZ<\/use><\/svg><\/span><\/a><\/p>— Gareth Jenkinson (@gazza_jenks) September 24, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

Arthur Hayes <\/use><\/svg><\/span><\/a>underscored the significance of assisting developers in the network's maintenance during a previous interview with Cointelegraph. The executive stated that the ecosystem may be susceptible to challenges without funding.<\/p>\n","protected":false},"excerpt":{"rendered":"

Maelstrom, an investment fund, has made a grant available to a Bitcoin Core developer, Jon Atack, in recognition of his contributions to the\u00a0Bitcoin Improvement Proposals\u00a0(BIP) repository. Arthur Hayes, Maelstrom’s chief investment officer, stated in a press release distributed to Cointelegraph that the financial assistance enables Atack to concentrate on his Bitcoin research. Hayes noted that […]<\/p>\n","protected":false},"author":12,"featured_media":88806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[22081,22080,22082],"class_list":["post-94899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bip-repository","tag-jon-atack","tag-maelstromfund"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/croc_1722952795441.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=94899"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/88806"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=94899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=94899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=94899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}