Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs

Kyraishi

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Good news!

I have one question though:

Quote

I'd like to thank everybody who reached out to me over the last couple of months as it became obvious that the Foundation wouldn't be able to raise the funds necessary to continue supporting Wladimir, Cory, and me.

What is their salary? Shocked

I mean doesn't the Bitcoin Foundation want $100K to accept you as a member?
What happened to all that money?

BTC_Superman

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Great news for Bitcoin.

tescomatty

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This is good to see. I know MIT gave their undergraduates each 100$ in bitcoin, so its good to see that trend continuing! MIT is at the forefront on many things, intermingling with top Bitcoin devs is just what we need.

minerpumpkin

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A pumpkin mines 27 hours a night

This really makes it obvious that we need a sound funding plan for the core developers. If someone wanted to have some feature, only he or she would benefit from, in the code they could just try and bribe the core developers. Their income has to be independent of companies and so forth.

ensurance982

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Trust me!

Quote from: Eastfist on April 22, 2015, 04:36:31 PM

Quote from: ChuckBuck on April 22, 2015, 04:16:48 PM

Quote from: Eastfist on April 22, 2015, 03:55:25 PM

I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.

Gripes about Gavin aside, what about the other Bitcoin core devs? You don't think they deserve to be paid either?

What about Wladimir van der Laan and Cory Fields? Do they continue writing code pro bono?

Some posters have to read the articles and the whole story before posting....

The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...

That should be paid big time. The only problem with that is that whoever controls the flow of money basically controls what they are suggesting to become part of the BTC protocol. This is a very dangerous thing, and I believe that the money should come from as many different sources as possible.

ChuckBuck

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better everyday ♥

Quote from: pawel7777 on April 23, 2015, 03:58:46 PM

Quote from: Eastfist on April 22, 2015, 04:36:31 PM

The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...

And what's the alternative? If the devs don't get any salary from anyone would that make them independent, or more vulnerable (to bribery etc)?

And please answer me this, it's a genuine question, at what point did you figure you're in the right position to tell devs (or anyone) whether they should/shouldn't work for free?

It amazes me how many members of this forum act like the devs owe them something.

It's like telling the local mechanic at the shop to fix your alternator for free or the local baker to make you a 3 tier wedding cake just because they can. Nevermind the man hours involved, the tools, expenses, and resources to make said development happen.

Shit costs money...

pawel7777

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Quote from: Eastfist on April 22, 2015, 04:36:31 PM

The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...

And what's the alternative? If the devs don't get any salary from anyone would that make them independent, or more vulnerable (to bribery etc)?

And please answer me this, it's a genuine question, at what point did you figure you're in the right position to tell devs (or anyone) whether they should/shouldn't work for free?

It amazes me how many members of this forum act like the devs owe them something.

PolarPoint

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Merit: 500

MIT may not be the best institution for devs of Bitcoin core. It is much better than the bitcoin foundation. This exciting news! The future of the foundation is doomed. Cheesy

dothebeats

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Cashback 15%

Quote from: ChuckBuck on April 22, 2015, 02:05:47 PM

From Gavin's Tweet, blog, and Coindesk:

https://twitter.com/gavinandresen/status/590884520318078976

http://gavintech.blogspot.com/2015/04/joining-mit-media-lab-digital-currency.html

http://www.coindesk.com/bitcoin-core-developers-join-mit-digital-currency-initiative/?utm_content=buffer00a5a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Sayonara Bitcoin Foundation! The only thing you were good for, Bitcoin Core, is now in the hands of MIT.

All in all, great news for Bitcoin overall, as Gavin and company will have state of the art facilities to work from and much needed funding for the Bitcoin project. This also means MIT will be highly networked with universities across the globe, meaning Bitcoin will grow exponentially faster than if they stayed with the Bitcoin Foundation.

Kudos Gavin!

It's kinda saddening that almost all of the news and people only know the name "Gavin Andresen" when they're talking about Bitcoin Core developers. I mean, how about the other devs? They also need the proper mentions of their work. I'm nothing against Gavin but I think that it's too centered on Gavin when we're talking about devs. Sad

However, going back to the news, it seems that choosing MIT Media Labs and the initiative is a pretty good move for bitcoin and the developments for it as well. The support that they will receive with the help of MIT Media Labs will greatly aid them in developing Bitcoin Core. This is a good news for the whole of bitcoin indeed.

shawshankinmate37927

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Activity: 854

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Bitcoin: The People's Bailout

Quote from: ChuckBuck on April 23, 2015, 02:15:19 PM

No, it is not. However, I do have respect for the sheer amount of impressive alumni that have came from MIT.

I mean if your list requirement is within 20 years, not sure what else to tell you. Just an unbelievable list of human intelligence:

http://en.wikipedia.org/wiki/List_of_Massachusetts_Institute_of_Technology_alumni

It's not the intelligence of the folks at MIT that I question, but their motive. There's a lot of smart people in the world with bad intentions. (Not to mention those with good intentions that are "paving the road to hell".)

Where are these guys that have been graduating from MIT over the last 20 years? Are they working in top secret jobs at the NSA or something?

ChuckBuck

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better everyday ♥

Quote from: shawshankinmate37927 on April 23, 2015, 01:55:21 PM

Quote from: ChuckBuck on April 23, 2015, 01:18:27 PM

Quote from: shawshankinmate37927 on April 23, 2015, 01:12:39 PM

No one "notable" in almost 20 years?

LOL what? Not sure what you're getting at.

You took one look at this list and that's what you got? Some of the top minds at Google and Yahoo. The inventor of Ethernet. The "Mother of the Internet". And you're asking for someone notable?

How the fuck did you become a Hero member here? Tongue

"Notable" is their term, that's why it's in quotes. I took a look at the list and thought "has it not been updated in 20 years?"

I became a hero member the same way all other hero members did, post count and time elapsed.

Is MIT your alma mater?

No, it is not. However, I do have respect for the sheer amount of impressive alumni that have came from MIT.

I mean if your list requirement is within 20 years, not sure what else to tell you. Just an unbelievable list of human intelligence:

http://en.wikipedia.org/wiki/List_of_Massachusetts_Institute_of_Technology_alumni

Lauda

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Terminated.

Quote from: pawel7777 on April 23, 2015, 05:34:37 AM

Quote from: Kakmakr on April 23, 2015, 05:23:56 AM

I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^

And what's stopping anyone from outside US from becoming dev and others from crowd-funding their salaries? It's an open source project.

Exactly. People need to stop complaining about these things and start doing something. Know a developer in your area? Inform him about Bitcoin. If he is interested crowd-fund his salary and there you have it.
This isn't really that different from what was happening. TBF was quite bad and it had to either disband or separate from development (for starters).

Quote from: BitMos on April 23, 2015, 01:47:56 PM

no need to read : no fork. judged. forward.

People on the internet like to stay ignorant, nothing new here.

shawshankinmate37927

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Activity: 854

Merit: 1000

Bitcoin: The People's Bailout

Quote from: ?? on ??

Quote from: shawshankinmate37927 on April 23, 2015, 01:46:15 PM

Quote from: ?? on ??

Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example. A brilliant guy that attended MIT, but evil.

Evil people go to all universities and the universities all have one intention which is make money and look good while doing so.

I'm hopeful that something good does come from MIT's involvement in Bitcoin, I just don't assume that it's a guarantee.

shawshankinmate37927

hero member

Activity: 854

Merit: 1000

Bitcoin: The People's Bailout

Quote from: ChuckBuck on April 23, 2015, 01:18:27 PM

Quote from: shawshankinmate37927 on April 23, 2015, 01:12:39 PM

No one "notable" in almost 20 years?

LOL what? Not sure what you're getting at.

You took one look at this list and that's what you got? Some of the top minds at Google and Yahoo. The inventor of Ethernet. The "Mother of the Internet". And you're asking for someone notable?

How the fuck did you become a Hero member here? Tongue

"Notable" is their term, that's why it's in quotes. I took a look at the list and thought "has it not been updated in 20 years?"

I became a hero member the same way all other hero members did, post count and time elapsed.

Is MIT your alma mater?

BitMos

full member

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"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

no need to read : no fork. judged. forward.

shawshankinmate37927

hero member

Activity: 854

Merit: 1000

Bitcoin: The People's Bailout

Quote from: ?? on ??

Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example. A brilliant guy that attended MIT, but evil.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: Lethn on April 22, 2015, 03:00:45 PM

Not sure how I feel about this, sounds to me like the U.S government is getting far too closely involved with the Bitcoin source code.

It's good news, it means they're starting to recognize bitcoin's potential. Moon.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: shawshankinmate37927 on April 23, 2015, 01:12:39 PM

Quote from: ChuckBuck on April 23, 2015, 12:58:39 PM

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

No one "notable" in almost 20 years?

LOL what? Not sure what you're getting at.

You took one look at this list and that's what you got? Some of the top minds at Google and Yahoo. The inventor of Ethernet. The "Mother of the Internet". And you're asking for someone notable?

How the fuck did you become a Hero member here? Tongue

shawshankinmate37927

hero member

Activity: 854

Merit: 1000

Bitcoin: The People's Bailout

Quote from: ChuckBuck on April 23, 2015, 12:58:39 PM

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

No one "notable" in almost 20 years?

ChuckBuck

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Activity: 1372

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better everyday ♥

Quote from: shawshankinmate37927 on April 23, 2015, 12:52:10 PM

Quote from: kingcolex on April 22, 2015, 03:10:52 PM

Quote from: ?? on ??

wot is mit

Massachusetts Institute of Technology, it is the university where the top tier of students go who are training in technology fields.
The Harvard of technology if you will.

It's where this clown got his Ph.D. Undecided

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:

Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

Topic: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs (Read 2563 times)