The Bitcoin Foundation is an American nonprofit corporation. It was founded in September with the stated mission to "standardize, protect and promote the use of bitcoin cryptographic money for the benefit of users worldwide.
Current board members are divided into one of three categories: The board is made up of a combination of elected members of the aforementioned categories. Former lead bitcoin developer Gavin Andresen is employed by the foundation as "chief scientist.
The Foundation and its leadership have been criticized by some in the media. Goxhas been highlighted bitcoin strategy fund inappropriate. In Novemberthe Bitcoin Foundation announced that it would seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. Three surveys conducted earlier by the Bitcoin strategy fund Foundation suggest that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on bitcoin's open-source technology development.
Professor and author Mark T. Williams criticized the Bitcoin Foundation's priorities, writing in a Business Insider editorial that "A Foundation of 'B' players has no business claiming it is a protector of a system that remains vulnerable and untrustworthy. As a result of this and a lack of cash flow, various staff were terminated. From Wikipedia, the free encyclopedia. Retrieved 30 December Bitcoin Foundation Press release. Archived from the original PDF on 7 April Retrieved 31 December Retrieved 24 November Archived from bitcoin strategy fund original on Bitcoin strategy fund 10, Retrieved March 28, Retrieved 18 June Retrieved 11 May Retrieved May 16, Archived from the original on May 17, Retrieved 19 November Cody Wilson is trying to destroy the Bitcoin Foundation from within".
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