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| January 23, 2018

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What Makes This Death Penalty Case in Chicago Unusual

January 22, 2018 |

University of Illinois graduate student Yingying Zhang disappeared in June. The Chinese woman’s body has not been found, but federal prosecutors believe that Brendt Christensen is responsible for her murder—and they announced Friday that, with Attorney General Jeff Sessions’ blessing, they will pursue the death penalty in their case…


IOC makes it official: North Korea and South Korea will march together at Olympics

January 20, 2018 |

Athletes from North Korea will participate in the Winter Olympics in South Korea next month, International Olympic Committee President Thomas Bach said Saturday. – RSS Channel – World

Pope Marries Flight Attendants, Makes History

January 19, 2018 |

Pope Francis celebrated the first-ever airborne papal wedding on Thursday, marrying two flight attendants from Chile’s flagship airline during a flight from Santiago, the AP reports. Bride Paola Podest, 39, and groom Carlos Ciuffardi, 41, said “I do” after telling Francis that they had been married in a civil service…

After Outcry, Wahlberg Makes a Big Donation

January 14, 2018 |

Following an outcry over a significant disparity in pay between co-stars, Mark Wahlberg agreed Saturday to donate the $ 1.5 million he earned for reshoots for All the Money in the World to the sexual misconduct defense initiative Time’s Up. Wahlberg said he’ll donate the money in the name of…

Car Pool ‘Passenger’ Makes Police Say: ‘C’mon, People’

January 12, 2018 |

The comparisons of Jon Gruden to the possessed doll Chucky from the movie Child’s Play have been reinvigorated since Gruden was announced as the new Oakland Raiders coach earlier this week. It’s the California Highway Patrol, though, that wins the prize for most creative reference after a citation in the…

Letterman Makes Return With a Big First Guest

January 12, 2018 |

Former President Obama and David Letterman have both been reclusive since leaving their respective jobs, but a casually dressed ex-president and hirsute ex-talk show host re-entered the public eye together in the debut of Letterman’s new Netflix show, My Next Guest Needs No Introduction . Letterman compared his post-work life to…

Trump’s pick for health secretary makes clear he’s totally the wrong guy for the job

January 12, 2018 |

Watching Alex Azar, President Trump’s nominee for health secretary, testify before the Senate Finance Committee this week, I realized he’s more impressive than I’d previously thought.

Unlike Energy Secretary Rick Perry, Azar isn’t alarmingly ignorant about the department he’d run. Unlike Scott…

L.A. Times – Business

Cosby Shakes Hand, Makes #MeToo Comment

January 11, 2018 |

Bill Cosby referenced the #MeToo movement after a dinner at an Italian restaurant in Philadelphia on Wednesday, reports the AP . The 80-year-old comedian was dining with an old friend and his publicist, and some members of the media were invited to document the event. The Philadelphia Inquirer —which dubbed it…

After 14 Years, FedEx Employee Makes Major Math Discovery

January 6, 2018 |

A new prime number—the biggest ever—has been discovered. Unfortunately, we don’t have the 54 days CNET reports it would take to write it all out. The newly found number, nicknamed M77232917, is 2 to the 77,232,917th power minus 1, according to FiveThirtyEight . It’s 23,249,425…

Blockchain Guild’s Community Fund Makes Its First Award for Bitcoin Development

January 4, 2018 |

Blockchain Guild’s Community Fund Makes Its First Award for Bitcoin Development

The Blockchain Guild, a community fund set up to further bitcoin development, has made its first award. The project is designed to mentor the next generation of developers, in whose hands the future of blockchain technology lies. A number of major backers have given Blockchain Guild their support including litecoin’s Charlie Lee, bitcoin developer Jimmy Song, and Tuur Demeester.

Also read: Gavin Andresen Drops A New Concept On Github for Bitcoin Cash

A Bounty on Future Bitcoin Development

As the Blockchain Guild explains, its purpose is to “Allow Patrons to be able to…support the open source ecosystem that allowed them to be successful.” It’s basically a means for bitcoiners who’ve “made it” to help those who are just starting out. These junior software engineers and blockchain developers may have the skills, but they lack the funding to dedicate time to improving code bases and developing infrastructure.

Blockchain Guild’s Community Fund Makes Its First Award for Bitcoin Development
Tuur Demeester

The first award the foundation has made is 0.5 BTC to Kalle Alm, a bitcoin core member who’s based in Tokyo. Alm will be using the award to work on btcdeb, a Bitcoin Script debugger. Christopher Allen, Jimmy Song, Tuur Demeester, Charlie Lee, and Zcash were the patrons for this particular award. Allen and Demeester are key members of the Guild along with a handful of other respected members of the bitcoin community.

Patreon for Bitcoin

The Blockchain Guild has been described as a Patreon-style platform that awards funds for enterprising coding projects. Project advisors oversee work that is performed in addition to voting on which bounties to award. A majority consensus of approximately 75% is required for a project to be given the go-ahead. Advisors who lead on a project aren’t devoting their time and experience for free: they’re eligible for 20% of the patron funds, with 10% going to platform costs and 70% to the recipient of the bounty.

The Guild is exploring the possibility of becoming a non-profit organization, and invites patrons to pledge their support for emerging talent who will carry the reins for future bitcoin development.

What else do you think should be done to support up and coming bitcoin developers? Let us know in the comments section below.

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Need to know the price of bitcoin? Check this chart.

The post Blockchain Guild’s Community Fund Makes Its First Award for Bitcoin Development appeared first on Bitcoin News.

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