Investment fund Maelstrom has granted $100,000 to Bitcoin Core developer Jon Atack for overseeing the Bitcoin Improvement Proposals (BIP) repository. Atack, a senior Bitcoin Core developer since 2019, aims to focus on enhancing Bitcoin with the financial backing. Maelstrom's chief investment officer, Arthur Hayes, expressed the fund's commitment to supporting experienced Bitcoin Core developers to nurture the next generation. Atack highlighted the significance of open-source software and Bitcoin in advocating for human freedom, power decentralization, privacy, and self-sovereignty. He pledged to continue fortifying Bitcoin's decentralization and resilience. Maelstrom's grant program, introduced on July 17, offers funding between $50,000 to $150,000 annually, with a potential total of $250,000 per developer. Hayes stressed the necessity of funding developers to safeguard the ecosystem from vulnerabilities in a previous Cointelegraph interview. Read more AI-generated news on: https://app.chaingpt.org/news