NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Olivier Janssens,Jim Harper Bitcoin Foundation Board Members

Yashu Gola
Yashu Gola
Last Updated: October 7, 2020 11:34 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Olivier Janssens and Jim Harper eventually ended up as the winners of the recently-held Bitcoin Foundation election after procuring 277 and 264 votes, respectively. Their nearest rival Michael Perklin managed to bag only 229 out of the total 440 casted votes.

Bitcoin Foundation Logo Blue

The election, that was held in order to democratically elect the two new board members for the Bitcoin Foundation, facedcriticism for being poorly managed. The foundation was accused by its lifetime and annual members of parachuting to a new, untested on-blockchain voting platform that eventually turned out to be highly lapsed. This pushed an already-delayed election round to yet another day, only to be executed to conclusion by the foundation’s old voting platform Helios.

The irregularities however never impacted the voters’ favorites, which remained in the same order as they were in the first “result-less” election. Olivier Janssens, who topped the previous election after obtaining a 46.7% voter approval, stayed on top after securing a whopping 63% approval in the runoff election. Similarly, the runner up of the last election, Jim Harper, secured a 60% voter approval this time.

There is a reason why both Janssens and Harper managed to remain on the top of other candidates. Much of this credit goes to their reach of the Bitcoin community. While Janssens, one of the earliest Bitcoin adopters, is also known to be an active participator in funding new Bitcoin startups, his ideas of decentralizing Bitcoin’s core development further seemed to have struck the right chords among the voters.

On the other hand, Harper was probably elected due to his expertise in adapting new policies for digital currency. This senior CATO-institute fellow has already served the Bitcoin Foundation as its Global Policy Counsel; and now, as a board member, is in a much better position to incorporate new ideas and perspectives.

Both the newly elected board members will commence their two year term on March 15th this year.

A Better Leadership Means a Better Bitcoin

The Bitcoin Foundation is indeed being more creative and elaborative in its pursue of bettering Bitcoin — both as a currency and technology. At the start of this year, the organization briefly launched a roundtable event for developers, to discuss the possible future developments in the Bitcoin sector. And only a dew days earlier, it took some necessary steps towards promoting digital currency education, by colluding with a multi-channel social media publisher the theAudience.

The Bitcoin Foundation could indeed be an ideal representative for the Bitcoin community only if it further focuses on positive public exposure, and defends Bitcoin on mainstream levels. The development plans meanwhile appear to be going in the right direction.

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Comments 1

  1. Miami Vice Casino says:
    12 years ago

    Yeah, the election seemed like quite the mess. Well, there’s a first time for everything (referring to the blockchain-voting).

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. Miami Vice Casino says:
    12 years ago

    Yeah, the election seemed like quite the mess. Well, there’s a first time for everything (referring to the blockchain-voting).

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Mining Difficulty Drops 10% As Miners Get Rare Relief

Cipher Mining Expands AI Data Center Push With ERCOT Capacity And Long-Term Lease

TL;DR Cipher Mining disclosed conditional ERCOT interconnection capacity for up to 300 MW. The company also reported a 15-year hyperscaler...

NewsBTC Editorial Team 9 hours ago
Bitcoin ETFs Snap Outflow Streak While Ether Funds Stay Under Pressure

REX Launches 2X Leveraged ETF Tracking Bitcoin Treasury Firm Strive

TL;DR REX Shares has launched the T-REX 2X Long Strive Daily Target ETF under ticker ASSX. The fund seeks 200%...

NewsBTC Editorial Team 10 hours ago
XRP

Bitwise Updates XRP ETF Prospectus In New SEC Filing

TL;DR Bitwise filed a post-effective amendment updating disclosures for its XRP ETF trust. The September 21 filing registered zero new...

NewsBTC Editorial Team 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

MiCA Deadline Puts EU Crypto Users And Exchanges On Notice

Coincheck Group Confirms Executive Chairperson Change In SEC Filing

NewsBTC Editorial Team 7 hours ago
Coinbase Derivatives To Launch 24/7 Gold And Silver Futures For US Traders

Kalshi Files To Bring Perpetual Futures To US Stocks And ETFs

NewsBTC Editorial Team 8 hours ago

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

BlockmanPR 8 hours ago

Premium Sponsors

Press Releases

  • apple

    How to Spend Crypto on Apple Pay in 2026 (No Selling)

    4 days ago
  • LBank Launches Card Referral Campaign to Accelerate...

    5 days ago
  • LBank Launches 72-Hour Mystery Box Challenge on LBank Pay...

    6 days ago
  • LBank Kicks Off Cash Payment Challenge to Reward Users for...

    2 weeks ago
  • watt

    September 2026 Token Sales Worth a Closer Look: Watt2Trade...

    2 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.