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December 28, 2015 08:00 am

Core Bitcoin Devs Leave Project, Create New Currency Called Decred

An anonymous reader writes: Core developers in the Bitcoin project have left and started a new currency called Decred. Developers are citing a lack of transparency and a conflict of interests between the group that funds the actual Bitcoin software development, and the decisions taken inside the project. Jacob Yocom-Piatt, CEO at Company 0, who has funded development of Bitcoin since early 2013: "This is in part due to a lack of mechanisms and pathways for funding development work directly from the community, and as a result Bitcoin development is funded by external entities that create conflicts of interest between the developers and the representative power of the community that uses Bitcoin."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/TwzFTU0A-n0/core-bitcoin-devs-leave-project-create-new-currency-called-decred

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