Coinbase to pay Bitcoin Developers to... work on Bitcoin!

in GEMS4 years ago

This seems like a pretty big deal

Coinbase announced they will be paying people to work on bitcoin.

Not a new altcoin, not an old altcoin, not a defi coin, not a derivative of bitcoin that benefits Coinbase in some way.

Nope, they are paying people to contribute directly to bitcoin core.

Sees:

image.png

(Source: https://twitter.com/coinbase/status/1316801517983334401)

These are the kinds of things that are going to help bitcoin reach its full potential.

The crypto community is very fractured as it is, but things like this help move it forward.

And hey guess what, Jack likes it as well:

image.png

(source: https://twitter.com/jack/status/1316816066211971072)

Considering that Jack wants bitcoin to be the native coin of the internet, I think if he likes it, it's probably a good thing.

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I wonder what Coinbase wants the developers to develop?

They are just being paid to further the bitcoin cause. IE having them working bitcoin core. It doesn't directly benefit Coinbase, but since bitcoin is currently the lifeblood of crypto, if it succeeds, Coinbase probably does as well.

I am removing my delegations from UPVU and go together to vote on some of the posts that receive those upvotes instead. Do you think that curation will be more profitable then the votes?

It might be, you will need to do some tests. I am not sure on the exact returns via upvu.

I have withdrawn my Liquidity from the WST-TRX pool (wrapped Steem) on Justswap, it's earnings were non-existent, and it wasn't growing in size or activity.

It hasn't attracted much attention from Steemit Inc., or Steem investors. I wonder why? DeFi was such a hot topic

Yea I was pretty sure much of your calculations for the year weren't going to play out. The reasons are two-fold. Steem doesn't need a liquidity pool since it is listed on several exchanges and also they didn't promote it nearly enough or give people incentives to jump in. You can earn more posting and voting using your SP than you can being an LP. That is an issue...

I see... I saw that wrapped Leo offered incentive bonuses to add Liquidity. I wondered if projectw would. I will suggest it to them.

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