Okcoin Paradigm Announce Bitcoin Core Grant – Bitcoin Magazine #Okcoin #Paradigm #Announce #Bitcoin #Core #Grant #Bitcoin #Magazine

Cryptocurrency exchange Okcoin, alongside partner investment firm Paradigm, has announced a new set of funding for Bitcoin Core contribution. 

The funds will be directed into a grant for Core maintainer Marco Falke, who Okcoin has supported in the past, in 2021 and in 2020. Okcoin has also previously provided support for Lightning developer Antoine Riard in a bid to support the second-layer network’s privacy.

“Falke is one of six people in the world with the ability to approve or deny proposed changes to the code underlying the world’s biggest cryptocurrency,” the announcement explains. “As a Bitcoin Core maintainer, he reviews proposed additions to the network’s code from contributors, of which there are over 400 currently active. The grant from Okcoin and Paradigm is to provide Falke with a livable income while he devotes 40+ hours per week to Bitcoin Core development — a job without a salary, given Bitcoin’s decentralized structure.”

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