Bitcoin Foundation welcomes three new members, releases new mission statement

Bitcoin Foundation welcomes three new members, releases new mission statement

Last week, after two board members of the Bitcoin Foundation left due to dissatisfaction, the Bitcoin Foundation recently announced the establishment of three new seats and the appointment of three new members to the board of directors to serve in these three seats. At the same time, the Bitcoin Foundation also released a draft statement on the new mission of the Bitcoin Foundation.

The three new members, confirmed by the Bitcoin Foundation’s press office, are文尼•林厄姆co-founder and CEO of Gyft;迈克尔•博科林, president of C4;弗朗西斯•包利华, CEO of Satoshi Portal.

Vinny Lingham holds the "International Membership Seat", one of the newly created seats of the Bitcoin Foundation. The three seats were originally Vinny Lingham, Michael Bokolin and Bruce Fenton, but after Fenton drafted the Bitcoin Foundation Development Plan, Fenton proposed to withdraw himself from the seat, and the seat was eventually held by Francis Poulivar.

In an interview with CCN, Michael Bokolin said that the Bitcoin Foundation should not have any contact with regulators. Francis Palihua also believes that the Bitcoin Foundation has been suffering from an "identity crisis", saying: "I don't think the Bitcoin Foundation is suitable to play the role of dialogue with regulators."

The board also voted to determine what changes needed to be made to the election bylaws to prevent confusion. Finally, with unanimous approval, the board voted to clarify that "there are no changes to the bylaws regarding elections." The three newly created seats are guided by the current bylaws. Any changes related to the election bylaws must be decided by a vote of the members.

What has changed, what hasn’t changed, and Satoshi’s seat

The Bitcoin Foundation also voted to make some important changes. One notable change is that the fixed seat originally set up for Bitcoin creator Satoshi Nakamoto will be changed to a "liquidity" seat.

The foundation released a statement saying:

Satoshi Nakamoto was on the Bitcoin Foundation's board of directors from the beginning, but we have never been able to find out whether Satoshi Nakamoto would accept the seat, so the board voted to change the fixed seat to a "liquidity" seat.

The Bitcoin Foundation will continue to operate

Although two board members recently resigned due to dissatisfaction with the Bitcoin Foundation, the foundation still decided to continue operating by a unanimous vote.

Apparently the Bitcoin Foundation has taken note of some calls to “cease operations,” but the decision was made by a unanimous vote.

The board also voted to approve a change in the bylaws so that international affiliates will no longer have to pay membership dues or revenue shares.

A new mission

A new draft mission statement has been posted on GitHub and will be available for one month to gather member input and comments. A comprehensive plan will be discussed at a future board meeting in 2016.

It’s important to be clear about our mission and what we stand for, so we provide a clear statement of this so that individuals and businesses can see at a glance whether this is something they want to support.

The mission statement is as follows:

Mission: To promote the development of Bitcoin and related technologies, the Foundation will conduct education and promotion around the world, focusing on the following three main areas:

1) Fostering Bitcoin Core Development

2) Strengthen education and adoption

3) Work to scale back harmful regulations and encourage technological solutions rather than regulatory solutions

Original article: https://www.cryptocoinsnews.com/bitcoin-foundation-appoints-3-new-board-members-new-mission-statement/
Translator: printemps
Editor: printemps
Source (translation): Babbitt Information


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