MIT’s Digital Currency Initiative Raises $4M for Effort to ‘Harden’ Bitcoin
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MIT’s Digital Currency Initiative Raises $4M for Effort to ‘Harden’ Bitcoin
epeakin
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tldr; The MIT Media Lab’s Digital Currency Initiative has raised $4 million for a multi-year effort dedicated to Bitcoin research and development. The Bitcoin Software and Security Effort will dedicate resources to Bitcoin Core development, the underlying codebase of the near-trillion-dollar network. The program will also investigate long-standing questions regarding Bitcoin’s core attributes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Nuts when you think about how bitcoin’s last downtime was in 2013. Shame about them falling short of their funding goal though.
Pretty surprised they fell short of their goal, but love the initiative.
Great news! 👏🏼
Great news! Sadly that’s half of what they wanted to raise.