15-01-2016 16:07 via feeds.theguardian.com

Senior bitcoin developer says currency 'failed experiment'

Mike Hearn, a prominent developer of the cryptocurrency, has sold his coins and quit work on bitcoin citing deep-seated issuesA senior bitcoin developer has declared the cryptocurrency a failed experiment, blaming the end of the currency on the refusal of the community to adopt new standards which would allow it to grow consistently while maintaining stability.Mike Hearn, a longtime senior developer on bitcoin and the former chair of the bitcoin foundation’s law and policy committee, annou
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