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Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

28 September 2024
in Bitcoin
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Maelstrom, the household workplace of former BitMEX CEO Arthur Hayes, has awarded Jon Atack a one-year Bitcoin developer grant. He’s the second recipient of Maelstrom’s grant program supporting open-source Bitcoin builders.

Jon is an skilled contributor to Bitcoin Core, having began in 2019. He was additionally lately made a maintainer of Bitcoin Enchancment Proposals (BIPs).

In an announcement, Arthur Hayes stated, “We hope this monetary help permits Jon to concentrate on his work on Bitcoin with out worrying about earnings.” 

Bitcoin’s open-source codebase is determined by voluntary builders, so grants assist allow extra contributors to work full-time. Proponents consider having extra funded builders advantages Bitcoin’s ecosystem.

Jon stated, “I am involved about human freedom, decentralization of energy, particular person empowerment, privateness and self-sovereignty. Bitcoin and open supply software program play a key half in striving for these causes.”

He plans to spend the yr reviewing proposals and modifications to enhance Bitcoin Core and BIPs. Jon acknowledged, “Bitcoin is not good. It wants additional decentralization, continued vigilance, evaluation, bug-fixing, updates, upkeep, and improved robustness, efficiency, privateness, scaling, documentation and consumer expertise.”

Maelstrom goals to strengthen Bitcoin by way of no-strings grants to builders like Atack. Concurrently, he’s additionally receiving funding from one other group, OpenSats.



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