Published on July 20th, 2018 | by bitcoin0
Bitcoin Scale Helped by Google Alumni at Chaincode Devs Creating an Industry Group
The project was initiated by John Newbery and James O’Beirne, developers at New York-based Chaincode Labs, a cryptocurrency development company and a major contributor to Bitcoin Core — Chaincode Labs is paying their salaries to work part-time on the venture.
The group is targeted to Bitcoin’s open source developers, exchanges, wallet providers and other industry players.
In the future, Bitcoin Optech may perhaps also tackle the Lightning Network, Schnorr signatures and scriptless scripts, when these technologies become more mature.
So far, the group has produced four weekly newsletters and held its first workshop earlier this week in San Francisco.
“We’re excited to work with Optech on the effort to scale and improve bitcoin,” Brock Miller, lead bitcoin engineer at Coinbase, said in a statement.