61 minutes | Dec 4th 2020

Funding Bitcoin Development with John Newbery

“Having an organisation that exists to bring on new protocol developers and fund existing protocol developers brings much more benefit to Bitcoin than I could by writing code.”
— John Newbery

Location: Remotely
Date: Monday 16th November
Company: Brink
Role: Founder

Bitcoin has a market capitalisation of over $300 billion, holding significant value for millions of investors. Yet we all rely on the developer community around the world to protect the network from bugs and attack. The importance of high-quality development and review is paramount to every bitcoiner. However, with no centralised developer fund or company, it can be challenging for developers to find funding.

While there are a handful of companies who actively support Bitcoin development such as Chaincode Labs, Blockstream, Square Crypto, among others, opportunities as a full-time Bitcoin developer are limited. 

Recently, companies in the space have started dedicating funds to developers, including Coinbase and Gemini, recognising that the foundations of their businesses rely on this work too.

John Newbery recently left Chaincode Labs to set up a Bitcoin research and development centre. With Brink, John aims to onboard and fund new Bitcoin developers.

In this interview, I talk to John Newbery to discuss his decision to leave Chaincode Labs, funding for open source Bitcoin development, starting Brink and what he is working on developing.

This episode’s sponsors:

Kraken - The best place to buy, sell & trade Bitcoin
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Otis - Buy and sell shares of contemporary art, sneakers, and collectibles.


WBD284 - Show Notes


If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Play Next
Mark Played