Web currency Bitcoin seeks legitimacy, stability via foundation

“The Bitcoin Foundation plans over the next year to fund efforts to create a set of best practices for merchants accepting Bitcoins as well as conduct a payments-oriented conference in Silicon Valley early next year, wrote Peter Vessenes, who will be the foundation’s chairman and executive director.  Its other plans include creating a opt-in certification process for businesses accepting Bitcoins and funding a development team lead by Gavin Andresen, a foundation board member and lead developer for the overall Bitcoin project.”

http://www.techhive.com/article/2010886/web-currency-bitcoin-seeks-legitimacy-stability-via-foundation.html

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