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How Many Developers Does Bitcoin Have

Desperately Seeking Devs: How To Fill Bitcoin's Talent Shortage

Desperately Seeking Devs: How To Fill Bitcoin's Talent Shortage

Desperately Seeking Devs: How to Fill Bitcoin's Talent Shortage Oct 28, 2017 at 13:00 UTC|UpdatedOct 29, 2017 at 22:38 UTC Jimmy Song is a bitcoin developer, an instructor for Dev++ and runs his own in-depth technical bitcoin seminar called Programming Blockchain . In this opinion piece, he explains why there's a shortage of devs in the bitcoin community, why that's a problem and how the industry is addressing it. For all the explosive growth in the bitcoin community the last few years - in users, transactions, companies, open-source projects, press coverage, cultural references and of course the price - there remains an obvious deficit that's both pronounced and difficult to fill. Simply put, there aren't enough developers. There are many reasons for the talent shortage, chief among them the insatiable demand. Just about every company that deals with bitcoin cannot recruit anywhere near the number of developers they need. These companies have considerable revenue and customer growth and would love to expand as soon as possible, but the main constraint is that they can't find enough qualified people to develop. Many who had local-only policies have relaxed those requirements and now allow full-time remote bitcoin developers. One prominent company president regards finding a local blockchain expert akin to finding a unicorn these days. Another contributing factor is the price rise. While the appreciation has been good for everyone who held on during the bear market, it's bad for a lot of bitcoin companies as they find that many developers simply don't need to work due to the gains on their bitcoin holdings. Many developers would rather start their own companies, contribute to open-source projects or focus on investing instead of working for someone else. In a way, bitco Continue reading >>

Development - Bitcoin

Development - Bitcoin

Bitcoin is free software and any developer can contribute to the project. Everything you need is in the GitHub repository . Please make sure to read and follow the development process described in the README, as well as to provide good quality code and respect all guidelines. Development discussion takes place on GitHub and the bitcoin-dev mailing list. Less formal development discussion happens on irc.freenode.net #bitcoin-core-dev ( web interface , logs ). To report an issue,please see the bug reporting page. Bitcoin Core is security software that helps protect assets worthbillions of dollars, so every code change needs to be reviewed byexperienced developers. It can take a long time for other developers to review your pullrequests. Remember that all reviewers are taking time away from theirown projects to review your pull requests, so be patient and respectfulof their time. Please also consider helping to review other peoples pull requests. Youdont need to be an expert in Bitcoin, the Bitcoin Core codebase, or C++(although all these things help). There are almost always open pullrequests that any programmer can review. Do you want to begin coding for Bitcoin Core but dont have a specificimprovement in mind? Here are a few ideas: Fix existing issues: the issue tracker is thebest place to find a useful way to contribute to Bitcoin Core.Before starting to write any patches for issues you find, you maywant to comment on the issue to make sure nobody else is alreadyworking on it. Write tests: Bitcoin Core is covered by many tests, but patchesthat improve test coverage are always welcome and are a great way tobuild familiarity with the codebase. See the documentation about automated testing . If you are interested in learning more about the technical details of Bitcoin an Continue reading >>

Bitcoin's Fluctuations Are Too Much For Even Ransomware Cybercriminals

Bitcoin's Fluctuations Are Too Much For Even Ransomware Cybercriminals

Bitcoin's fluctuations are too much for even ransomware cybercriminals Malware developers have had to demand ransoms in local currencies as they attempt to not price their targets out Last modified on Thu 18 Jan 2018 09.55EST Cybercriminals are now more likely to simply ask for a figure in US dollars than specify a sum of bitcoin.Photograph: Dado Ruvic/Reuters Bitcoins price swings are so huge that even ransomware developers are dialling back their reliance on the currency, according to researchers at cybersecurity firm Proofpoint. Over the last quarter of 2017, researchers saw a fall of 73% in payment demands denominated in bitcoin. When demanding money to unlock a victims data, cybercriminals are now more likely to simply ask for a figure in US dollars, or a local currency, than specify a sum of bitcoin. Just like conventional salespeople, ransomware developers pay careful attention to the prices they charge. Some criminals offer discounts depending on the region the victim is in, offering cheaper unlocking to residents of developing nations, while others use an escalating price to encourage users to pay quickly and without overthinking things. But a rapidly oscillating bitcoin price plays havoc with those goals, Proofpoint says. Surging cryptocurrency values are a boon for holders of bitcoin. But they are a challenge for anyone who tries to price their product or service in bitcoin threat actors included. In Q4, newer ransomware strains appeared to take this into account. Sigma ransomware first appeared in mid-November demanding a payment denominated in US dollars. Now, more than two thirds of ransomware strains seen in the wild denominate the payment in normal currencies. But they still demand the actual transaction be carried out in bitcoin, the researchers note. Continue reading >>

Bitcoin Developers Are Moving Away To Create Their Own Cryptocurrencies Here's Why

Bitcoin Developers Are Moving Away To Create Their Own Cryptocurrencies Here's Why

Business Insider UK spoke with Garrick Hileman about Bitcoin. Hileman explains how Bitcoin became the largest cryptocurrency on the market. He then explains why that has meant Bitcoin developers are moving on and setting up their own cryptocurrencies. Business Insider UK spoke with University of Cambridge Research Fellow Garrick Hileman about Bitcoin and other cryptocurrencies and why developers are starting to move away from Bitcoin. He explains that the reason Bitcoin grew so quickly in the beginning was that there were no other cryptocurrencies on the market. This gave developers an opportunity to cut their teeth and led to the development of cryptocurrencies such as Ethereum and Litecoin . Garrick Hileman: So Bitcoin became number one in large part because it was first and for a long time it was really the only cryptocurrency game in town and so many developers who were interested in cryptocurrency kind of cut their teeth working on Bitcoin and remaining quite loyal to it. But a number of people have left the Bitcoin community to start other cryptocurrencies because they wanted to go in a different direction and I think the case for Ethereum is particularly important here it really shows that you can build something quite significant away from Bitcoin doing very different things, very different approaches to the technology. So very talented people who are coming into the space now may have more of an incentive to try to build their own cryptocurrency or new blockchain based system rather than to build on something that's already in place because we've seen now that you can create something new and you can accrue tremendous value if you are on the ground floor of that. Continue reading >>

Bitcoin Core :: Team

Bitcoin Core :: Team

The Bitcoin Core project has a large open source developer community with many casual contributors to the codebase.There are many more who contribute research, peer review, testing, documentation, and translation. This page list some of the more full time contributors to the project, as well as those who have some administrative roles. Project maintainers have commit access and are responsible for merging patches from contributors. They perform a janitorial role merging patches that the team agrees should be merged. They also act as a final check to ensure that patches are safe and in line with the project goals. The maintainers role is by agreement of project contributors. Continue reading >>

Charlie Lee: Hard Work Of Bitcoin Developers Directly Benefits Litecoin

Charlie Lee: Hard Work Of Bitcoin Developers Directly Benefits Litecoin

Charlie Lee: Hard Work of Bitcoin Developers Directly Benefits Litecoin Most innovative works done by Bitcoin developers and projects directly benefit Litecoin given the structural similarities between Bitcoin and Litecoin. According to Charlie Lee, the creator of Litecoin and former executive at Coinbase, most innovative works done by Bitcoin developers and projects directly benefit Litecoin given the structural similarities between Bitcoin and Litecoin. Every Bitcoin developer also works on Litecoin. Absolutely nothing they can do about that. If you don't like that Litecoin piggybacks off of Bitcoin developers' hard work, it is because you care more about Bitcoin making you rich than crypto changing the world. The statement of Lee was released after significant progress has been made with the Confidential Transactions solution. On the Bitcoin Mailing List, Bitcoin Core Developer Greg Maxwell revealed a breakthrough with the solution, which has decreased the size of Confidential Transactions from 16x the normal size to 3x. Maxwell added that the reduction in the size of Confidential Transactions maximizes the applicability of the solution, improving privacy measures of the Bitcoin Blockchain network. Maxwell said : This work also allows arbitrarily complex conditions to be proven in the values, not just simple ranges, with proofs logarithmic in the size of the arithmetic circuit representing the conditions being proved--and still with no trusted setup. As a result, it potentially opens up many other interesting applications as well. Confidential transactions also applicable with Litecoin Like Lightning and SegWit , Confidential Transactions is a solution that is applicable to Litecoin, given its structure that is nearly identical with Bitcoin. Hence, after Bitcoins in Continue reading >>

Who Will Build The Cryptofuture?

Who Will Build The Cryptofuture?

Demand for blockchain developers far exceedssupply ICOs have raised $3.6 billion dollars so far in 2017. Investment is pouring into crypto projects. And when teams publish their intended use of funds, a big slice of the pie chart always goes to hiring developers. There are not nearly enough blockchain developers to fill open jobs today. Dr. Jane Thomason of Abt Associates explains: There are simply not enough Blockchain developers. Getting more developers proficient on Blockchain technology is key. Building the next generation of developers means major transformation [in] our education system. Kids in school are being educated for jobs that wont exist! Blockchain job posts on LinkedIn have tripled in the last 12 months, and demand is so strong that top developers earn more than half a million dollars per year. This amplifies the problem, since the best blockchain developers are making too much money coding in production to want to teach. Blockchain is on the bleeding edge of a uniformly tight US job market: unemployment was at just 4.1% last month , the lowest rate reported since 2000. In fact, many blockchain developers have multiple jobs: they are turning down stable employment with a single paycheck to support several projects at once. Ive seen this up close as an EIR at Foundation Capital looking to build out a blockchain development team. And when I posted to Facebook to help a friend find work in blockchain, the response was fast and furious. We are already seeing the impact of this shortage. Prominent crypto projects have cited challenges scaling up their development teams. Blockchain initiatives among financial institutions in Japan were hamstrung last year by the lack of available technical talent. And demand will only increase as the blockchain technology mar Continue reading >>

Developers Release Lightning Protocol 1.0; Perform Successful Interoperability Tests

Developers Release Lightning Protocol 1.0; Perform Successful Interoperability Tests

Developers Release Lightning Protocol 1.0; Perform Successful Interoperability Tests Blockchain developers ACINQ , Blockstream and Lightning Labs , are announcing the 1.0 release of the Lightning protocol and the worlds first Lightning test payments on the Bitcoin mainnet across all three implementations. These are considered to be important steps toward the standardization of the Lightning Networks second-level, off-chain payment layer. The three teams, and others in the Bitcoin community, developed the Lightning specification through an open, collaborative process. "Interoperability is key to making Lightning a success. We have worked for over a year to design a specification so that we and other developers can write implementations that talk to each other, Elizabeth Stark, CEO of Lightning Labs, told Bitcoin Magazine. This ensures that no matter which implementation a user is using, they will be connected to one Lightning Network. It's the culmination of a year's work on the protocol specification, and the tests show that we have built a solid protocol that delivers on the promises of high scalability, increased privacy, and faster payments," Christian Decker, a Blockstream infrastructure tech engineer, told Bitcoin Magazine. In parallel with protocol development work focused on interoperability and cross-compatibility, each of the three teams also developed specific Lightning implementations: ACINQ developed eclair , Blockstream developed c-lightning , and Lightning Labs developed lnd . In a first test, the coffee shop Starblocks , a sample eclair application, accepted an incoming payment in bitcoin from a customer paying with the lnd Lightning app, routed through c-lightning. In a second test, the developers made a payment from eclair to yalls.org , a sample lnd a Continue reading >>

Bitcoin And Blockchain Will Reveal What They're Actually Good For In 2018 | Wired

Bitcoin And Blockchain Will Reveal What They're Actually Good For In 2018 | Wired

Every successful new technology undergoes a Cambrian Era-style explosion of growth in which we try to use it for everything. Email, search, social networkingeach passed through its this will solve all our problems! phase before we figured out what its best applications and limitations were. With the Bitcoin bubble testing astronomical prices every day, cryptocurrencies and the blockchain technology that drives them are now taking their turn in this one-tech-fits-all role. Scott Rosenberg is a journalist, editor, blogger, and non-fiction author, as well as a cofounder of Salon Media Group and Salon.com. Sign up to get Backchannel's weekly newsletter, and follow us on Facebook , Twitter , and Instagram . A blockchain is a cryptographically protected distributed ledgerits what protects you or anyone else from making a copy of that Bitcoin you just bought. Youve probably heard about the popularity of blockchain tech in the financial business. In fact, anything that you can make a list of, you can manage with blockchains. Ambitious developers and entrepreneurs are aiming to use them to rework everything from how we track land ownership to how we distribute medicine and how we grant diplomas. Some of these ideas are brilliant, while others are ridiculous. Do we really need a blockchain to run an online encyclopedia or pay for news ? Whether we do or not, in 2018, were probably going to see it tried. Thats partly because of a glut of venture capital and the salivation of investors thrilled by Bitcoins wild ride. But its also because this is the exuberant but wasteful process by which the tech industry determines what each new platform is actually good for. And its a process that will play out whether the Bitcoin bubble keeps soaring or finally pops. In the coming year, the mo Continue reading >>

How Do The People Who Work On Bitcoin Core Get Paid?

How Do The People Who Work On Bitcoin Core Get Paid?

I'm wondering how the people who work on or manage Bitcoin Core get paid, e.g. Wladimir J. van der Laan. Do they do the work just... as volunteers? Those who work for increasing of security and those who are enjoy transparency of blockchain are involved in proof-of-work. So this system balanced until balanced this two sides. Denis Nov 7 '17 at 5:54 The majority of Bitcoin Core developers are volunteers or started as volunteers. They worked on Bitcoin Core in their free time and contributed without anyone paying them. Later, when a developer becomes more prominent and devotes more time to the project, they may seek out someone (a person or company) to sponsor them to continue to work on the project. Alternatively a person or company may wish to sponsor or hire an active and prominent Bitcoin Core developer so that they may contribute to Bitcoin Core's development and help to keep the software maintained and growing. Some are paid to work on Bitcoin Core full time, others to work on it part time. Currently many of the most active contributors are either sponsored or employed to work on Bitcoin Core specifically. However many others contribute as volunteers in their free time and are not paid to work on Bitcoin Core. Thank you Andrew. Just one more, when the contributors are sponsored or employed, who can pay them? I'm curious about the subject's finance. JeongIn Kim Nov 7 '17 at 5:42 Generally those that sponsor or employ Bitcoin Core developers to work on Bitcoin Core are people or companies with lots of spare cash. Paying someone to work directly on Bitcoin Core won't gain a company any profit directly, but by doing so they are helping to improve Bitcoin and thus allowing them to continue to earn money in the future as Bitcoin remains maintained. Andrew Chow Nov 7 '17 Continue reading >>

Experienced Blockchain Developers Demand Big Salaries

Experienced Blockchain Developers Demand Big Salaries

Experienced Blockchain Developers Demand Big Salaries As cryptocurrency solutions and distributed ledger technology grow more popular, many fintech startups, consultancy firms, and legacy financial institutions are looking for blockchain specialists. According to reports blockchain developers and qualified cryptocurrency engineers see the demand for their talents and are asking for salaries of between 200,000 and 300,000. Also read: Indias Government Divided Over Bitcoin Legalization A Ph.D. in Blockchain Could Make You a Fortune Well-known finance firms and many other types of companies are steadily searching for blockchain programmers. The demand for these careers can be seen in great numbers across many job listing websites. For instance, Monster.com, Indeed.com , and others show a wide variety of listings looking for blockchain developers. Some of the firms looking for these types of developers include well-known companies such as AT&T, Fannie Mae, Accenture, and Liberty Mutual. Richard Burgess-Kelly, founder of reg-tech company Liberam , says, theres a talent shortage in the network, in regards to blockchain talent. Theres a big shortage in artificial intelligence, machine learning, and blockchain. When you have done a Ph.D. in blockchain, you can make a fortune. Demand for Blockchain Experts Grows Worldwide The phenomenon is taking place all around the world as many European and Asian businesses are also looking for distributed ledger engineers. Companies such as Fujitsu, Toyota, Intel, Santander , UBS, and Barclays are showing a strong interest in blockchain talent as well. The former chief information officer at UBS and founder of Bussmann Advisory, Oliver Bussmann, explains that typical blockchain developers are easily getting 200,000 and 300,000 for an annual Continue reading >>

Bitcoin Core Developers Issue Segwit2x Hard Fork Warning

Bitcoin Core Developers Issue Segwit2x Hard Fork Warning

Bitcoin Core developers issue Segwit2x hard fork warning Luke Parker , 12 Oct 2017 - Bitcoin , Development , Segwit2x On Wednesday morning, the Bitcoin Core development team released a rare statement concerning the safety of Bitcoin users coins during the potential hard fork for Segwit2x , which is scheduled to occur in November. The developers state that the hard fork is not supported by the majority of the Bitcoin users and developers, which makes it contentious, and therefore puts many user's bitcoins at risk if they store them with the wrong services. By adopting this hard fork, the announcement states, we believe the supporters of this agreement are shifting their users to an alternative currency (an altcoin) which is incompatible with Bitcoin. Bitcoins developers strongly advise against storing coins on services such as Coinbase, Bitpay and Xapo since the coins may be renamed to something else or replaced with a new altcoin that is not bitcoin. Currently, 43 services intend to leave bitcoin for the new blockchain (the complete list can be obtained here ). By adopting this hard fork, we believe the supporters of this agreement are shifting their users to an alternative currency which is incompatible with Bitcoin." The major difference in the Segwit2x hard fork that sets it apart from many previous hard forks such as the one for Bitcoin Cash in August is that many major bitcoin infrastructure providers including wallets and exchanges support this fork. A majority of bitcoin mining hashrate is in support of the fork as well, which at the very least will slow down the production of bitcoins blocks as the miners fork the blockchain and depart bitcoin in favor of mining the new chain. The rate that block production will slow down to is unknown, however, it is currently Continue reading >>

Benefits And Cost Of Bitcoin Software Development | Mobilunity

Benefits And Cost Of Bitcoin Software Development | Mobilunity

Blog / We Do / How Much Bitcoin Developers Earn in Different Countries How Much Bitcoin Developers Earn in Different Countries Whether or not you use cryptocurrencies, you most likely have heard of Bitcoin, the most popular cryptocurrency platform in the world. Bitcoins have become one of the fastest growing digital currencies, and as of writing, it holds 62.01% of the total market capitalization of all cryptocurrencies in existence. Thats over four times the market capitalization of Ethereum, the second most popular cryptocurrency, at 14.31%. If youre a business, it would definitely be in your best interest to look into bitcoins and adopt it as a mode of payment, as it is also a popular payment option and its adoption rate among the online community is rapidly growing. In a previous article from our blog, we looked into Blockchain developers and Blockchain in general, one of the third party providers of Bitcoin services. In this article, we take a closer look at Bitcoin and see why theres such an intense interest in the currency across different industries. Bitcoin is the first ever decentralized digital currency , which refers to a currency that does not need a central administrative system to regulate it and verify transactions. It was created in 2009 by a person or group who went by the name Satoshi Nakamoto, whose real-world identity remains unknown. Nakamoto was the first to design and implement a decentralized model for digital currency. Decentralization implies that instead of having a regulatory body that mediates transactions, the task of validating and regulating transactions is distributed across a network of computers, all of which run the same software and follow the same set of protocols. This is achieved through a technology called the block chain , whi Continue reading >>

How Good Is Litecoin's Development Team Relative To Bitcoins? - Quora

How Good Is Litecoin's Development Team Relative To Bitcoins? - Quora

How good is Litecoin's development team relative to Bitcoins? Answered Nov 11, 2017 Author has 597 answers and 854.4k answer views Here are the top 10 coins as Coingecko has it, which rates them according to the metrics in the table here. With regard to developers, Coingecko states that: CoinGecko tracks the development activity of the coins via public source code repositories. The reason why we are looking at this is that some coins are no longer maintained by the developer thus those coins would appear very unlikely to progress over time. By looking at how much interest and effort goes around the development community, there is a chance that the coin will continue to innovate according to how the cryptocurrency market sees fit. So you can see here that Litecoin actually scores pretty lowly for developers in this top 10, but the thing is, Litecoin is a fork of Bitcoin, so a lot of the developments from Bitcoin are used on Litecoin, and when you look at the Github commits, you will see a lot of the Bitcoin Core developers on the Litecoin page because their commits are transferred over. Litecoin has a great developer team, but is relatively small. The Litecoin Foundation aims to raise $200,000 annually to pay its developers, which is a fraction of what some of the ICOs are looking to raise. Bitcoin though, dominates the market for cryptography experts, as one might expect from its position on the throne of cryptocurrencies. Bitcoin Core is the biggest, most active developer team in the cryptosphere, probably partly because it is the longest running. The Core development team is completely open sourced, and anyone can suggest updates to the Bitcoin software, which the community will look at, and accept if there is consensus. Litecoin has a smaller team, but that doesnt m Continue reading >>

How Many Teams Are Working On Bitcoin Development? : Bitcoin

How Many Teams Are Working On Bitcoin Development? : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

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