Bitcoin Developer Ben Allen Receives Maelstrom Grant for Privacy-Focused Payjoin Tool
Ben Allen, a prominent Bitcoin developer, has received the third Maelstrom Bitcoin Developer Grant. This grant, provided by Maelstrom, a company led by Arthur Hayes, co-founder of BitMEX, aims to support foundational tools for a more private, scalable, and decentralized Bitcoin ecosystem. Allen plans to use this funding to expand the implementation of Payjoin, a privacy-focused transaction tool.
Payjoin allows both the sender and receiver to contribute inputs to a single Bitcoin transaction, disrupting common assumptions used by financial surveillance firms. This innovation improves user anonymity and network scalability. Allen, grateful for the Maelstrom grant, will work full-time on the Payjoin Dev Kit project over the next year. He aims to integrate Payjoin into more Bitcoin wallets, acknowledging technical complexities but expressing optimism about its potential. Allen's work aligns with Maelstrom's mission to empower users and foster greater peace of mind when using Bitcoin.
Ben Allen's receipt of the Maelstrom Bitcoin Developer Grant highlights the company's commitment to supporting privacy-focused Bitcoin development. Allen's work on Payjoin is expected to significantly enhance user privacy and network scalability, contributing to a more robust and decentralized Bitcoin ecosystem.
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