Andreas Antonopoulos resigns from Bitcoin Foundation
Andreas Antonopoulos, chief security officer at Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe .info and leader in the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that world, has declared his resignation from Bitcoin Foundation on Twitter:
I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency
— AndreasMAntonopoulos (@aantonop) July 9, 2014
This comes after leaving the foundation anti-poverty committee a couple of weeks ago.
In a follow-up comment, he added that he has "no further comment, drama or dirt. Just not happy with BF mgt." He asks to "please stop trying to use this to push other agendas."
He did not elaborate on the exact nature of the transparency issues. Commenters in the Bitcoin community are also unsure of the exact issues, although some have pointed to an alleged opaqueness in how money is spent and accounted for.
In May, controversy erupted over the Foundation's choice of new board members, which included Brock Pierce.
Antonopoulos is one of the most respected members to have resigned from the Foundation. With his departure, the composition of the Foundation's leadership changes markedly, now characterized more by the remaining elements associated with previous controversy. His departure has also emboldened those looking to set up an alternative foundation.
Some have indeed called for multiple foundations, arguing that that this would be healthier can one central body. Such bodies would occasionally interact when beneficial but operate independently.
Such are the challenges in trying to walk the fine line when centrally managing a venture that seeks decentralized management. The challenges also reinforce arguments that the success of such systems is limited by their opposition to democratically gravitating toward a common goal.
Andreas Antonopoulos, chief security officer at Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe .info and leader in the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that world, has declared his resignation from Bitcoin Foundation on Twitter:
I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency
— AndreasMAntonopoulos (@aantonop) July 9, 2014
This comes after leaving the foundation anti-poverty committee a couple of weeks ago.
In a follow-up comment, he added that he has "no further comment, drama or dirt. Just not happy with BF mgt." He asks to "please stop trying to use this to push other agendas."
He did not elaborate on the exact nature of the transparency issues. Commenters in the Bitcoin community are also unsure of the exact issues, although some have pointed to an alleged opaqueness in how money is spent and accounted for.
In May, controversy erupted over the Foundation's choice of new board members, which included Brock Pierce.
Antonopoulos is one of the most respected members to have resigned from the Foundation. With his departure, the composition of the Foundation's leadership changes markedly, now characterized more by the remaining elements associated with previous controversy. His departure has also emboldened those looking to set up an alternative foundation.
Some have indeed called for multiple foundations, arguing that that this would be healthier can one central body. Such bodies would occasionally interact when beneficial but operate independently.
Such are the challenges in trying to walk the fine line when centrally managing a venture that seeks decentralized management. The challenges also reinforce arguments that the success of such systems is limited by their opposition to democratically gravitating toward a common goal.