Bitcoin Core Ramps up Efforts to Compete with ETH

Three Bitcoin Core developers, Alex Morcos, Suhas Daftuar and Matt Corallo, have announced a month-long ‘Hacker Residency’ for established developers with, preferably, bitcoin experience.
The event is organized by Chaincode Labs, ‘a New York City-based research and development group that explores cryptocurrencies and other peer-to-peer decentralized systems’ according to their website.
The lab is further hiring 4-6 developers to work on bitcoin’s protocol and development to address the lack of new entrants to the bitcoin development space since 2013. Speaking to Bitcoin Magazine, Corallo stated:
There are a ton of Bitcoin developers who have never contributed to Bitcoin Core, or to low protocol development – lots of them because they feel ill-equipped to do so – for instance because the idea of going through a rigorous review like we have to do sounds really daunting. So we’re looking for those people to really learn how that works, and come to think about the issues.
Learning from Ethereum
Ethereum featured heavily in the redacted transcript of last month’s closed-door meeting between bitcoin miners and bitcoin core developers with particular emphasis on what appears to be lessons learned from the way Ethereum handled the successful hardfork.

This post was published at Crypto Coins News on 09/08/2016.

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