In order to explain bitcoin to investors, we are offering a series of blogs and podcasts. A previous blog tried to explain the developments
driving bitcoin’s rally. This blog is the first in a series that covers topics that are important to investors. For more on this topic, please listen to the
The question “what is bitcoin?” can be answered in many ways. I don’t think investors need to know how bitcoin works technically, but they need to be able to assess the opportunities and risks of investing in bitcoin. So let us examine the two biggest questions that investors care about. First, how sure are we that bitcoin’s supply won’t increase beyond what is planned. And second, will the technology continue to work?
US based Digital Asset Exchanges OKCoin and Coinbase Continue to Support Bitcoin Core Development
Digital asset exchange
OKCoin recently took a look back at its initiative to support independent Bitcoin Core developers. The crypto trading platform’s developers confirmed that it has now been about a year since they introduced their Open-Source Developer Grant program, an initiative launched to support the ongoing development of the Bitcoin (BTC) network.
The OKCoin team noted that their
Open-Source Developer Grant program aims to support the important work that must be completed so that the Bitcoin network can continue to grow. The Grant program also “reflects the need for development to remain independent; organization-driven bias may only support development of certain aspects of network growth,” OKCoin added.