Published on July 20th, 2018 | by bitcoin0
Bitcoin’s Greatest New businesses Are Backing a Modern Exertion to Keep Expenses Low
Led by bitcoin developer and Bitcoin Core contributor John Newbery, the effort is an attempt to help the companies that rely on the bitcoin software figure out what scaling technologies they’re missing, including those that will push fees lower.
At the same time, there was lots of scaling tech that could have helped and that was well-understood, but they weren’t adopted yet.”
That gave him the idea that developers with knowledge of bitcoin’s underlying tech could be more aggressive in helping companies through such upgrades.
The non-profit effort also boasts six member companies so far, including Coinbase, Square and BitGo, all who’ve expressed what they believe is a need for an effort like Bitcoin OpTech.
Until then, they’ll be focused on well-understood strategies that bitcoin companies have yet to adopt.