Jack Dorsey, co-founder and CEO of formerly Square, now known as Block, proposes establishing a new fund to protect developers who independently contribute to the development of the Bitcoin (BTC) blockchain.
Dorsey expressed his proposal for the fund in an e-mail dated January 12, which he sent to the e-mail group of Bitcoin developers.
Bitcoin Legal Defense Fund Its main goal is to inform developers who contribute to the development of the Bitcoin network about their work. in case of lawsuit necessary find a lawyer, necessary cover legal costs will be supported by
Initially, the fund will work with a group of volunteer lawyers. first activityagainst some names from the Bitcoin ecosystem Opened by Tulip Trading Coordinating the litigation.
Claiming to be Satoshi Nakamoto, Craig Wright was born in Mt. Gox attack, which belonged to him and inside hosting billions of dollars worth of BTC He claimed that the wallets were stolen, after the case was taken to a court in London. Sixteen Bitcoin developers were notified.
Dorsey, one of the founders of Twitter, regarding the fund they established, “Generally independent open source developers may be subject to legal pressure.. The Bitcoin Legal Defense Fund addresses legal issues that prevent software developers from actively developing Bitcoin. to minimize It is a non-profit organisation.” used the phrases.
Bitcoin Legal Defense Fund, to continue its activities at this stage “for extra money” Although they do not need it, they will be able to make attempts to raise money in order to meet the expenses that will arise over time.
Image: Jack Dorsey, Steve Jurvetson/Flickr