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Core Bitcoin Devs Leave Project, Create New Currency Called Decred (softpedia.com)

An anonymous reader writes: Core developers in the Bitcoin project have left and started a new currency called Decred. Developers are citing a lack of transparency and a conflict of interests between the group that funds the actual Bitcoin software development, and the decisions taken inside the project. Jacob Yocom-Piatt, CEO at Company 0, who has funded development of Bitcoin since early 2013: "This is in part due to a lack of mechanisms and pathways for funding development work directly from the community, and as a result Bitcoin development is funded by external entities that create conflicts of interest between the developers and the representative power of the community that uses Bitcoin."

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  1. if only there were a p2p micropayment system by SuperBanana · · Score: 5, Funny

    This is in part due to a lack of mechanisms and pathways for funding development work directly from the community

    Someone should come up with a system to send other people money, even in small amounts.