Chainlink Says Bedrock Adopted Proof of Reserve Answer After $2M Exploit

Maelstrom, a decentralization-focused enterprise agency managed by the household workplace of BitMEX co-founder Arthur Hayes, introduced in a press launch Thursday that Jon Atack (GitHub profile) is the second recipient of its Bitcoin Grant Program, to proceed his analysis and growth work. In keeping with a bio, Atack began contributing to Bitcoin Core in 2019 and just lately was made a maintainer and editor of the Bitcoin Improvement Proposals (BIPs) repository. “Bitcoin is not good,” Atack mentioned within the press launch. “Amongst different issues, it wants additional decentralization, continued vigilance, evaluate, bug-fixing, updates, upkeep and improved robustness, efficiency, privateness, scaling, documentation and person expertise.” Maestrom awarded its first developer grant earlier this month, after unveiling the program in July. The objective is to fund open-source Bitcoin builders, since not like many more recent crypto initiatives, Bitcoin has no single firm or basis driving the technique or offering top-down funding.