{"id":80364,"date":"2023-06-16T19:48:52","date_gmt":"2023-06-16T16:48:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80364"},"modified":"2025-09-11T16:35:00","modified_gmt":"2025-09-11T13:35:00","slug":"jack-dorsey-to-earmark-5-million-for-bitcoin-core-developers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/jack-dorsey-to-earmark-5-million-for-bitcoin-core-developers\/","title":{"rendered":"Jack Dorsey to earmark $5 million for Bitcoin Core developers"},"content":{"rendered":"<p>Block&#8217;s chief Jack Dorsey will earmark $5 million for the Brink fund to support Bitcoin Core developers. This is reported by <a href=\\\"https:\/\/decrypt.co\/144932\/jack-dorsey-pledges-5m-to-help-bitcoin-core-developers\\\">Decrypt<\/a>.<\/p>\n<p>Funding will be channelled under the Start Small initiative that Dorsey launched in 2020. Its initial aim was to provide relief during the COVID-19 pandemic.<\/p>\n<p>The nonprofit Brink, founded by Bitcoin developers John Newbery and Mike Schmidt, will receive $1 million per year from Start Small for five years.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"371\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-16-v-17.15.22-1024x371.png\\\" alt=\\\"Snimok-ekrana-2023-06-16-v-17.15.22\\\" class=\\\"wp-image-209507\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-16-v-17.15.22-1024x371.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-16-v-17.15.22-300x109.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-16-v-17.15.22-768x278.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-16-v-17.15.22.png 1083w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\\\"https:\/\/brink.dev\/sponsors\\\">\u0441\u0430\u0439\u0442<\/a> \u0444\u043e\u043d\u0434\u0430.<\/figcaption><\/figure>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cBrink exists to strengthen the Bitcoin protocol and network through fundamental research and development, and to support the developer community through funding, education and mentorship,\u201d the foundation&#8217;s site says.<\/p>\n<\/blockquote>\n<p>Earlier, Brink and the mining company Marathon Digital Holdings announced the launch of a fundraising program <a href=\"https:\/\/forklog.com\/en\/news\/marathon-digital-and-brink-to-raise-1-million-to-support-bitcoin-core-developers\">\u0432 \u0440\u0430\u0437\u043c\u0435\u0440\u0435 $1 \u043c\u043b\u043d<\/a> to support Bitcoin Core developers.<\/p>\n<p>Earlier in February 2021, 100x Group, operator of the BitMEX crypto-derivatives exchange, <a href=\"https:\/\/forklog.com\/en\/news\/bitmex-operator-to-award-100000-grant-to-bitcoin-core-developer\">announced<\/a> the provision of a grant to Bitcoin Core developer Michael Ford in the amount of $100,000.<\/p>\n<p>Later, its colleague Jonas Schnelli<a href=\"https:\/\/forklog.com\/en\/news\/jonas-schnelli-leaves-the-bitcoin-core-development-team\"> left the project<\/a> due to a shift in priorities and \u201cincreasing legal risks associated with writing code for Bitcoin.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Block head Jack Dorsey will direct $5 million to the Brink fund to support Bitcoin Core developers. This is reported by Decrypt.<\/p>\n","protected":false},"author":1,"featured_media":80365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[143,1358,1330],"class_list":["post-80364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-core","tag-grants","tag-jack-dorsey"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80364"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80364\/revisions"}],"predecessor-version":[{"id":80366,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80364\/revisions\/80366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80365"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}