$55 mio pumped directly to some core devs. the very heart of bitcoin. is this good for the price of bitcoin?
I have been reading the article from coindesk about this $55 million investment, but I can't find anything about that the money is going to core devs....??
http://www.coindesk.com/blockstream-55-million-series-a/The article says the money is going to Blockstream.
Blockstream has raised $55m in Series A funding to continue its work expanding the bitcoin code base for commercial use.
Blockstream was co-founded by the Bitcoin core developer Gregory Maxwell and Dr Adam Back who invented hashcash, which is the the proof-of-work system used in bitcoin. They want to fork Bitcoin to support their sidechains technology.