Gavin Andresen: Bitcoin Foundation Pivot Won’t Centralize Core Development

Bitcoin Foundation chief scientist Gavin Andresen has publicly voiced his support for the organisation’s plan to focus solely on core development.
In a new blog post, Andresen defended prior efforts to support core development and stated that the Bitcoin Foundation is just one of several organizations that provide funding for the oversight of the bitcoin protocol.
The statements follow the Bitcoin Foundation’s formal announcement of the plan, which will find it shedding its education, public policy and outreach operations, as well as the healthy debate about the organization’s pivot that has played out over social media channels.
Andresen cited bitcoin payments processor BitPay and sidechains developer Blockstream as key sources of support, as well as bitcoin brokerage provider Trucoin, which gave direct support in 2012. Between the two companies and the Bitcoin Foundation, direct funding is provided to a group that includes Andresen, as well as developers Cory Fields, Gregory Maxwell, Jeff Garzik, Pieter Wuille and Wladimir van der Laan.

This post was published at Coin Desk on November 20, 2014.