Bitcoin Core Developers Join MIT Digital Currency Initiative
Bicoin Core developers Gavin Andresen, Wladimir van der Laan and Cory Fields have joined the MIT Media Lab’s new Digital Currency Initiative.
The MIT Digital Currency Initiative is stepping up to take a larger role in bitcoin development, announcing today that core developers Gavin Andresen, Cory Fields and Wladimir van der Laan have joined the project in a full-time capacity.
Andresen, Fields and van der Laan had previously been supported financially by the Bitcoin Foundation, an industry trade group that has been in the midst of pivoting due to funding constraints.
MIT Digital Currency Initiative director Brian Forde expressed his view that the move would help bring stability to developers, an environment he suggested had been lacking in recent years as the foundation was rocked by scandals.
Forde told CoinDesk:
Andresen outlined the transition in a blog post, stating that the developers collectively thought MIT Media Lab was the best place to continue their work.
The developer also moved to make his views known about the wider debate that recently emerged around core development.
"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," he wrote.
The post ended with Andresen thanking those who had expressed support during the recent transition period and expressing his enthusiasm for the new opportunity to continue his work.
In interview, Forde expanded on how he envisions the Digital Currency Initiative's role in core development, suggesting that it will seek to leverage the resources available to MIT.
"To the extent possible, we'd like to get more students working with core developments, not just at MIT but at large," Forde said.
Forde further hinted that MIT is "not the only university" interested in digital currencies, and that one of his goals will be to build a global network of educational facilities.
"Our interest is not to make this a US-only effort. We've been reaching out to international universities to incorporate them," Forde said, adding:
Image of Gavin Andresen via Flickr
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.