Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs

[ChuckBuck]

@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.

[nextgencoin]

@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.

Thats great Gavin gets paid. Phew.

Got to love short term thinking. Look if Bitcoin needed funds for any development it could of been found rather than go to the people that are more than likely gonna get tapped to hack, recreate it or worse. Hooray for shortsighted planning. Talk about cutting off your nose to spite your face.

[nextgencoin]

I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^

Agree. Plus the funny thing is the most talented people often don't work on projects for the money anyway. They do it for the tech challenge to solve a problem and the belief they are helping humanity etc. As quite a selfish person I'm amazed at how much effort people really will put into projects but there it is. I fact people who will only work for money are likely the ones you don't want involved. I bet Satoshi didn't plan on making a ton of money for himself.


I'm genuinely suspicious of people on here pushing for regulation and centralised input. You can bet there are a ton of FBI etc staff among users here.

[ChuckBuck]

@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.

Thats great Gavin gets paid. Phew.

Got to love short term thinking. Look if Bitcoin needed funds for any development it could of been found rather than go to the people that are more than likely gonna get tapped to hack, recreate it or worse. Hooray for shortsighted planning. Talk about cutting off your nose to spite your face.

You do realize there are other Bitcoin Core developers working on this project besides Gavin Andresen right?

Short term thinking?  Where are all these open source developers that are picking up the slack and making better wallets than Bitcoin Core?   I see a bunch of SPV wallets, light, and web wallets, but I still haven't seen any that are as robust as the Core wallet:

https://bitcoin.org/en/choose-your-wallet

Bitcoin Core is the defacto and official Bitcoin wallet for good reason.  It is the first wallet that Gavin and Satoshi transacted with.  It is the wallet loaded onto servers and VPS all over the globe to serve as nodes.  Reward and fund these people for chrissakes.

[tyz]

Seems that MIT wants to play a bigger role in cryptocoin research and development. I already welcomed their action to give away free Bitcoins to students in order to address them with the technology. Thumbs up!

[shawshankinmate37927]

wot is mit

Massachusetts Institute of Technology, it is the university where the top tier of students go who are training in technology fields.
The Harvard of technology if you will.

It's where this clown got his Ph.D.

[ChuckBuck]

wot is mit

Massachusetts Institute of Technology, it is the university where the top tier of students go who are training in technology fields.
The Harvard of technology if you will.

It's where this clown got his Ph.D.

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

[shawshankinmate37927]

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

No one "notable" in almost 20 years?

[ChuckBuck]

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

No one "notable" in almost 20 years?

LOL what?  Not sure what you're getting at.

You took one look at this list and that's what you got?  Some of the top minds at Google and Yahoo.  The inventor of Ethernet.  The "Mother of the Internet".  And you're asking for someone notable?

How the fuck did you become a Hero member here?  

[Beliathon]

Not sure how I feel about this, sounds to me like the U.S government is getting far too closely involved with the Bitcoin source code.

It's good news, it means they're starting to recognize bitcoin's potential. Moon.

[shawshankinmate37927]

Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example.  A brilliant guy that attended MIT, but evil.

[BitMos]

no need to read : no fork. judged. forward.

[shawshankinmate37927]

No one "notable" in almost 20 years?

LOL what?  Not sure what you're getting at.

You took one look at this list and that's what you got?  Some of the top minds at Google and Yahoo.  The inventor of Ethernet.  The "Mother of the Internet".  And you're asking for someone notable?

How the fuck did you become a Hero member here?  

"Notable" is their term, that's why it's in quotes.  I took a look at the list and thought "has it not been updated in 20 years?"

I became a hero member the same way all other hero members did, post count and time elapsed.

Is MIT your alma mater?

[shawshankinmate37927]

Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example.  A brilliant guy that attended MIT, but evil.

Evil people go to all universities and the universities all have one intention which is make money and look good while doing so.

I'm hopeful that something good does come from MIT's involvement in Bitcoin, I just don't assume that it's a guarantee.

[Lauda]

I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^

And what's stopping anyone from outside US from becoming dev and others from crowd-funding their salaries? It's an open source project.

Exactly. People need to stop complaining about these things and start doing something. Know a developer in your area? Inform him about Bitcoin. If he is interested crowd-fund his salary and there you have it.
This isn't really that different from what was happening. TBF was quite bad and it had to either disband or separate from development (for starters).

no need to read : no fork. judged. forward.

People on the internet like to stay ignorant, nothing new here.

[ChuckBuck]

No one "notable" in almost 20 years?

LOL what?  Not sure what you're getting at.

You took one look at this list and that's what you got?  Some of the top minds at Google and Yahoo.  The inventor of Ethernet.  The "Mother of the Internet".  And you're asking for someone notable?

How the fuck did you become a Hero member here?  

"Notable" is their term, that's why it's in quotes.  I took a look at the list and thought "has it not been updated in 20 years?"

I became a hero member the same way all other hero members did, post count and time elapsed.

Is MIT your alma mater?

No, it is not.  However, I do have respect for the sheer amount of impressive alumni that have came from MIT.

I mean if your list requirement is within 20 years, not sure what else to tell you.  Just an unbelievable list of human intelligence:

http://en.wikipedia.org/wiki/List_of_Massachusetts_Institute_of_Technology_alumni

[shawshankinmate37927]

No, it is not.  However, I do have respect for the sheer amount of impressive alumni that have came from MIT.

I mean if your list requirement is within 20 years, not sure what else to tell you.  Just an unbelievable list of human intelligence:

http://en.wikipedia.org/wiki/List_of_Massachusetts_Institute_of_Technology_alumni

It's not the intelligence of the folks at MIT that I question, but their motive.  There's a lot of smart people in the world with bad intentions.  (Not to mention those with good intentions that are "paving the road to hell".)

Where are these guys that have been graduating from MIT over the last 20 years?  Are they working in top secret jobs at the NSA or something?

[dothebeats]

From Gavin's Tweet, blog, and Coindesk:

https://twitter.com/gavinandresen/status/590884520318078976

http://gavintech.blogspot.com/2015/04/joining-mit-media-lab-digital-currency.html

http://www.coindesk.com/bitcoin-core-developers-join-mit-digital-currency-initiative/?utm_content=buffer00a5a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Sayonara Bitcoin Foundation!  The only thing you were good for, Bitcoin Core, is now in the hands of MIT.

All in all, great news for Bitcoin overall, as Gavin and company will have state of the art facilities to work from and much needed funding for the Bitcoin project.  This also means MIT will be highly networked with universities across the globe, meaning Bitcoin will grow exponentially faster than if they stayed with the Bitcoin Foundation.

Kudos Gavin!

It's kinda saddening that almost all of the news and people only know the name "Gavin Andresen" when they're talking about Bitcoin Core developers. I mean, how about the other devs? They also need the proper mentions of their work. I'm nothing against Gavin but I think that it's too centered on Gavin when we're talking about devs. However, going back to the news, it seems that choosing MIT Media Labs and the initiative is a pretty good move for bitcoin and the developments for it as well. The support that they will receive with the help of MIT Media Labs will greatly aid them in developing Bitcoin Core. This is a good news for the whole of bitcoin indeed.

[PolarPoint]

MIT may not be the best institution for devs of Bitcoin core. It is much better than the bitcoin foundation. This exciting news! The future of the foundation is doomed.  

[pawel7777]

The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...

And what's the alternative? If the devs don't get any salary from anyone would that make them independent, or more vulnerable (to bribery etc)?

And please answer me this, it's a genuine question, at what point did you figure you're in the right position to tell devs (or anyone) whether they should/shouldn't work for free?

It amazes me how many members of this forum act like the devs owe them something.