Topic: [2019-06-14] Twitter & Square CEO Plan to Boost Bitcoin Development (Read 160 times)

Ironic indeed. BSV and Bcash are so centralized that both chains have been reorged more than once, and people only found about it after a while because news outlets started reporting about it. What a shitshow that is.

Bitcoin being attacked by these scammers without result just shows how strong this ecosystem really is. No matter how many times they call their shitcoins the real Bitcoin, it only has an opposite effect.

Overall, the more developers are contributing the better it is for Bitcoin, but more developers also means that there is an increased probability of friction between developers because one developer isn't the other.

BSV and Bcash cultists will say that this is the proof that Bitcoin is centralized, that Core devs and Blockstream have sold out, that Twitter now owns Bitcoin and so on. And that would be so ironic when you consider the fact just how centralized those shitcoins are.
Perhaps Twitter is making the first steps in shaping Bitcoin development - in the future many companies that want to work with Bitcoin will support its developmnet, just like today companies support open-source software that they use, and as the result everyone is benefiting from it.

Jack is going to be a very big player in the crypto world, he might even be more influential than CZ if he gets involved with the bitcoin core coding. Good to see people like him boosting crypto, others are almost certain to join

https://www.coindesk.com/jack-dorsey-hints-at-how-square-crypto-may-help-with-bitcoin-development?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

After revealing that his payments firm Square is building a small team to help with bitcoin and cryptocurrency development back in March, CEO Jack Dorsey has revealed more details about the project – even though it’s still early days.

In an interview with The Next Web, Dorsey, who is also CEO of Twitter, confirmed that he’d recently hired former Google director Steve Lee to lead the team. Dorsey said that he’d interviewed “tens of candidates” for the post before arriving at Lee as his choice.

The new hire will take responsibility for building the remainder of the team, as well as defining its future path, he said. Square is currently eyeing a maximum of five engineers and one designer, who will likely work on a single project rather than many.

That’s because Dorsey aims to “make some step changes to various aspects of the ecosystem, versus an iteration,” he said.

While one would expect devs, the choice of a designer comes as something of a surprise in such a early stage project. Dorsey put this down to the need for the need to make cryptocurrencies more accessible, as well as providing education on the technology.

Joking that the team doesn’t want any “jerks,” Dorsey also said that it’s important any candidates must have good technical abilities.

“We want to see significant open-source contributions to various projects. Bitcoin Core is a great example of that, but there’s others, too,” he said.

As for its particular role in the crypto ecosystem, he explained that Square Crypto might conduct “grungy, but meaningful” code reviews in order to speed up development. While there are plenty of devs helping out on cryptocurrency projects, few are working on checking the correctness of the code, Dorsey said – changing that could give a “huge boost” to the space.

Outside that, there’s need for work to improve efficiency and security. “There’s still a number of big flaws within the Bitcoin community right now,” Dorsey told TNW.

The CEO also indicated that he wants to keep the role of Square in the mechanics of the team to a minimum, ruling out cheap stock options in favor of optional bitcoin salaries in order to build a desire to better “serve the community.”

The work carried out by the team should also be open to the public. While it’s not set in stone yet, Dorsey suggested Square Crypto could operate like a traditional open-source project.

Aside from the more general development work of the crypto team, Square is eyeing bitcoin technology in its products too. Back in February, Dorsey announced during an interview with podcaster Stephan Livera that there are plans to integrate the lightning network – a still early-stage bitcoin payments tech – with Square’s Cash app.