Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

Maelstrom, the household bureau of erstwhile BitMEX CEO Arthur Hayes, has awarded Jon Atack a one-year Bitcoin developer grant. He is the 2nd recipient of Maelstrom's assistance program supporting open-source Bitcoin developers.

Jon is an experienced contributor to Bitcoin Core, having started successful 2019. He was besides precocious made a maintainer of Bitcoin Improvement Proposals (BIPs).

In a statement, Arthur Hayes said, "We anticipation this fiscal enactment allows Jon to absorption connected his enactment connected Bitcoin without worrying astir income." 

Bitcoin's open-source codebase depends connected voluntary developers, truthful grants assistance alteration much contributors to enactment full-time. Proponents judge having much funded developers benefits Bitcoin's ecosystem.

Jon said, "I'm acrophobic astir quality freedom, decentralization of power, idiosyncratic empowerment, privateness and self-sovereignty. Bitcoin and unfastened root bundle play a cardinal portion successful striving for these causes."

He plans to walk the twelvemonth reviewing proposals and changes to amended Bitcoin Core and BIPs. Jon stated, "Bitcoin isn't perfect. It needs further decentralization, continued vigilance, review, bug-fixing, updates, maintenance, and improved robustness, performance, privacy, scaling, documentation and idiosyncratic experience."

Maelstrom aims to fortify Bitcoin done no-strings grants to developers similar Atack. Simultaneously, helium is besides receiving backing from different organization, OpenSats.