BITCOIN GETTING SERIOUS? MIT PARTIALLY FUNDING BITCOIN CORE DEVELOPMENT

Gavin Andresen, Wladimir van der Laan, and Cory Fields have taken their development efforts back to school, in a sense. Andresen, who lives about two hours from the Massachusetts Institute of Technology in Amherst, Mass., wrote on his blog yesterday:
I’m pleased to announce that I’ve joined the MIT Media Lab’s newly launched Digital Currency Initiative to continue my work on the Bitcoin project. So, does this mean that MIT has taken over from the Foundation as the center for ‘core development’? No. The Bitcoin Foundation was never the center of development; the Bitcoin Core open-source software project has been the center, and like most open-source software projects, the developers who work on Bitcoin Core are supported in many different ways.
The Digital Currency Initiative’s stated goal is:

This post was published at Crypto Coins News on 23/04/2015.