Bitcoin News

Forbes contributor and Bitcoin Foundation board member Jon Matonis (@JonMatonis) introduces the Bicoin Foundation, a nonprofit corporation.  Excerpts:

“The Bitcoin Foundation launches this week to accelerate the global growth of bitcoin through standardization, protection, and promotion of the open source protocol.  As a nonprofit corporation and neutral forum for collaboration, the Bitcoin Foundation follows the successful model of open source bodies like the Linux Foundation and the Tor Project.”
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“In addition to individual membership, the Bitcoin Foundation provides a way for corporate enterprises from all industries to participate in the expansion of the bitcoin network and platform.”
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“The Bitcoin Foundation mission leads to the early specific goals of financially sponsoring the efforts of the core development team, funding core infrastructure such as a test network and a DNS seed node, publishing a set of best practices for bitcoin integration, coordinating responses to business and media inquiries, and organizing an annual bitcoin conference with the first one being held in Silicon Valley.”
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“Initial board members include Gavin Andresen (@GavinAndresen), Mark Karpeles (@MagicalTux), Jon Matonis (@JonMatonis), Patrick Murck (@VirtuallyLaw), Charlie Shrem (@CharlieShrem), and Peter Vessenes (@Vessenes).”

- http://onforb.es/OXaZYA
- http://bitcointalk.org/index.php?topic=113400.0 (Further discussion about the Foundation announcement)

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