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BitMEX Research Unveils Who Funds Bitcoin Network Development

From cointelegraph.com

The research arm of cryptocurrency exchange, BitMEX, shed some light on who is funding the development of the open source software behind Bitcoin (BTC). According to a BitMEX Research report published on March 28, blockchain firms Blockstream and Lightning Labs are the largest contributors to Bitcoin development. On the other hand, Bitcoin research firm, Chaincode Labs, is the largest financial supporter of Bitcoin Core software development. The researchers note: “We conclude that the situation is more healthy than it has been in the past, with respect to the availability of finance, transparency, and the degree of ... (full story)

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  • Category: Fundamental Analysis