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Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

September 30, 2024
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Maelstrom, the household workplace of former BitMEX CEO Arthur Hayes, has awarded Jon Atack a one-year Bitcoin developer grant. He’s the second recipient of Maelstrom’s grant program supporting open-source Bitcoin builders.

Jon is an skilled contributor to Bitcoin Core, having began in 2019. He was additionally just lately made a maintainer of Bitcoin Enchancment Proposals (BIPs).

In an announcement, Arthur Hayes mentioned, “We hope this monetary assist permits Jon to deal with his work on Bitcoin with out worrying about revenue.” 

Bitcoin’s open-source codebase is dependent upon voluntary builders, so grants assist allow extra contributors to work full-time. Proponents consider having extra funded builders advantages Bitcoin’s ecosystem.

Jon mentioned, “I am involved about human freedom, decentralization of energy, particular person empowerment, privateness and self-sovereignty. Bitcoin and open supply software program play a key half in striving for these causes.”

He plans to spend the yr reviewing proposals and adjustments to enhance Bitcoin Core and BIPs. Jon said, “Bitcoin is not good. It wants additional decentralization, continued vigilance, overview, bug-fixing, updates, upkeep, and improved robustness, efficiency, privateness, scaling, documentation and consumer expertise.”

Maelstrom goals to strengthen Bitcoin via no-strings grants to builders like Atack. Concurrently, he’s additionally receiving funding from one other group, OpenSats.



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