Jack Dorsey introduces Bitcoin Legal Defense Fund to protect open source developers-
Jack Dorsey introduces Bitcoin Legal Defense Fund to protect open source developers-
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A recently founder Jack Dorsey published by Square founder for Bitcoin developers points out that a right-back fund for open source developers has been created to protect them "from complaints about their activities in the Bitcoin ecosystem". Dorsey's letter is also signed by Alex Morcos by Chaincode Labs and Martin White, the co -founder of Hudson River Trading.
Jack Dorsey's open letter to the mailing list of Bitcoin developers reveals the Bitcoin Legal Defense Fund
loud an open letter by Jack Dorsey , Alex Morcos and Martin White, "is the Bitcoin community currently Multi-front legal disputes. " Although the letter does not list any of the legal cases with which the developers are dealing with in detail, it is mentioned that "individual defendants have decided to surrender in the absence of legal support".
The letter, however, indicates the Tulip Trading lawsuit, which includes the following: Craig Wright , the Australian, Satoshi Nakamoto and the inventor of Bitcoin. "The Bitcoin Legal Defense Fund is a non-profit organization that aims to minimize legal problems, prevent software developers from developing Bitcoin and related projects such as the Lightning Network, Bitcoin data protection protocols and the like," says the letter from Dorsey, White and Morco's states. The open letter continues:
The first activities of the fund will consist of coordinating the existing defense of the Tulip Trading process against certain developers due to alleged violation of the duty of loyalty and providing the source of financing for external legal benefits. At the moment, the fund is not trying to obtain additional money for its business activity, but will do so on the instructions of the board of directors if this is necessary for further legal steps or the payment of the staff.
Bitcoin community recognizes the efforts of the legal defense fund
The letter explains that interested people can send an email to the fund team with questions or concerns, and the e-mail domain "bitcoindefensefund.org" is mentioned. The website currently seems to be under construction, since a message from the Namebright domain host indicates that the website is "available soon". Of course, the Bitcoin Legal Defense Fund was Trend topic After the publication of the open letter.
Open-Source developer Bryan Bishop tweeted that he was "very grateful To see defense find ”. Bitcoiner marty bent Write to Jack, Alex Morcos and Martin White for their efforts, Bitcoin developer before Protecting court proceedings so that you can concentrate on what you can do best.
What do you think of the information about the Bitcoin Developer Legal Defense Fund, which Jack Dorsey published on Wednesday in the developer's mailing list? Let us know your opinion on this topic in the comments below. Bedy verification : Shutterstock, Pixabay, Wiki Commons 
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