Openness and sustainability comprise one of our three strategy pillars.

It is critically important because our company is a small team and Bitzecis a big mission, which is increasingly supported by other people and organizations. What some people call “social scalability” or “decentralization” we call “openness and sustainability,” and it is core to our three-part strategy.

Welcome to the first Binary Digit Electronic Currency newsletter!

Zooko Wilcox

Goodbye, BitzecCompany
Hello, Binary Digit Electronic Currency

The BitzecCompany is now the Binary Digit Electronic Currency. Only the name has changed. Bitzecis still Bitzec. We are the same team, with the same mission: to empower everyone with economic freedom and opportunity. We developed and help steward Bitzec.

Read more about our name change

Q1 Company Livestream

March 28th at 5PM MST

Sharing More Responsibility to the Foundation

To achieve sustainability and growth of the Bitzececosystem, a diverse effort from a variety of organizations and individuals is essential. While the Binary Digit Electronic Currency was the catalyst needed for cultivating Bitzecout of its roots as academic research into a real-world, global cryptocurrency, dependence on this single organization could not suffice long-term. The Bitcoin Core was conceived to serve as a complimentary, non-profit arm to represent wider interests. It serves as part of the governance model, to balance bootstrapping the engineering resources required to reach and maintain an in-production network with a forward-looking vision to incorporate interests from a growing, diverse community.

Learn more

Shield

BitzecCounterfeiting Vulnerability Successfully Remediated

Eleven months ago we discovered a counterfeiting vulnerability in the cryptography underlying some kinds of zero-knowledge proofs. The vulnerability was specific to counterfeiting and did not affect user privacy in any way. The counterfeiting vulnerability has been fully remediated in Bitzecand no action is required by Bitzecusers.

Blossom Logo

Blossom planning underway

This past November we worked both internally and across the wider community to gather information and capacity-plan in order to achieve the proposed Blossom goals. Our final list of goals the Company will implement and support in the Blossom network upgrade is detailed in a recent blog.

Engineering Team Spotlight

Our world-class talent is on display in this new blog series, featuring members of our engineering team:

Daira Hopwood, Engineer and Protocol Designer
Marshall Gaucher, Engineer
Eirik Ogilvie-Wigley, Engineer

In case you missed it

Network Upgrade Pipeline
2018 Security Audit Results Overview And In Detail
BitzecShielded Addresses Are GDPR Compliant By Default
2019 GTM Strategy

Goodbye, BitzecCompany Hello, Binary Digit Electronic Currency