Originally published on: September 26, 2024
A Bitcoin Core developer, Jon Atack, has recently received a grant from the investment fund Maelstrom to continue maintaining the Bitcoin Improvement Proposals (BIP) repository. Atack, a seasoned developer who joined Bitcoin Core in 2019, will now be able to focus on his crucial work thanks to the financial support provided by Maelstrom.
Arthur Hayes, the chief investment officer at Maelstrom, expressed his excitement about supporting Atack’s work on Bitcoin. He highlighted the fund’s goal of backing experienced Bitcoin Core developers like Atack, with a vision to educate the next generation of developers in the Bitcoin ecosystem.
In response to receiving the grant, Atack emphasized the significance of open-source software and Bitcoin in advocating for causes like human freedom, decentralization of power, individual privacy, and self-sovereignty. He acknowledged the ongoing effort required to maintain the network and pledged to continue contributing to its decentralization and robustness.
With the grant from Maelstrom and an additional grant from OpenSats, Atack has secured financial support to focus on reviewing and advancing proposals that shape the future of Bitcoin. The $100,000 grant from Maelstrom comes as part of a larger grant program aiming to boost Bitcoin’s development and offer funding between $50,000 to $150,000 to individual developers on a 12-month basis.
As the importance of supporting developers in safeguarding the Bitcoin network is underscored by Hayes, the grant provided to Atack serves as a testament to the ecosystem’s resilience in the face of potential threats. With this grant, Atack’s dedication to maintaining and enhancing Bitcoin’s functionality remains unwavering, ensuring the continued progress of the network.
Stay tuned for more updates on Bitcoin’s development and the impactful work of developers like Jon Atack in shaping the future of digital currency.
