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MIT's DCI Raised $4 Million To Further Develop A New Bitcoin Software and Security Effort
Summary: The Digital Currency Initiative (DCI), which was operated by the Massachusetts Institute of Technology (MIT)'s Media Lab, today announced that it has connected with many industry leaders and received $4 million in charitable donations. These donations will be used to develop a new Bitcoin software and security effort, including hire open source developers and researchers, ...
The Digital Currency Initiative (DCI), which was operated by the Massachusetts Institute of Technology (MIT)'s Media Lab, today announced that it has connected with many industry leaders and received $4 million in charitable donations.
These donations will be used to develop a new Bitcoin software and security effort, including hire open source developers and researchers, and focus on long-term strategies across the entire ecosystem to strengthen the basic Bitcoin protocol.
The program was backed by many well-known industry figures, including Twitter CEO Jack Dorsey, MicroStrategy founder Michael Saylor, CoinShares, Cameron and Tyler Winklevoss, etc.
By Mary Liu
Tags: Bitcoin,CoinShares,DCI,Jack Dorsey,Michael Saylor,MicroStrategy,MIT,Twitter,Tyler Winklevoss
Link: MIT's DCI Raised $4 Million To Further Develop A New Bitcoin Software and Security Effort [Copy]
