What organization is the Bitcoin Development Foundation

Blockchain Enthusiast (qq:53016353)

Based on the model of the Linux Foundation, the bitcoin Development Foundation is committed to standardizing, promoting and protecting Bitcoin for users around the world. Bitcoin, like Linux, is a very successful open source project that truly embodies the concept of "open source".
The fund certainly won't do anything-things are done by people. The Bitcoin fund is an open, member-driven organization that wants you or your organization not only to be a member, but also to help the Fund fulfill its mission.

Please visit the Foundation website for details, but remember that these are not immutable; the structure of the Fund can be changed by voting members, and the fund will operate in the way that people want it to.


Bitcoin Development Foundation frequently asked questions:

Q: Is that the September announcement?
Is.

Q: How do we know you're not going to run with Bitcoins?
We're not. The initial members of the Fund are well-respected people who use real names.

Q: How do we know that you will not be hacked to black out bitcoin.
Most of the money, we will use the offline wallet, and will back up the private key, in the near future, we will use multi-signature offline wallet, controlled by multiple members, so that the funds will be more secure.

Q: Is this the cover of the CIA? There's a hidden secret behind it.
No. There's nothing behind it.

Q: The fund is in the form of a company, and any company (especially an American company) is evil.
OK, then you can not join us and then go to build your own non-corporate non-evil organization, or ignore our fund just fine, whatever you think.

Q: How does the fund make use of funds?
This depends on how much money can be received from members or from donors. You can look at the plan written by the Executive Director, or look at the similar content of the Linux Fund website, and I hope the Bitcoin fund can do it in a similar way.