Bitcoin Developer Funding Faces Uncertain Future After Co-founder’s Disengagement

Dennis Porter, co-founder of the Satoshi Action Fund, has announced his withdrawal of financial support for Bitcoin core developers. The move comes after he expressed a loss of confidence in their work, citing a shift in focus and priorities. Notably, Porter revealed that he had previously raised over $200,000 to fund these initiatives, highlighting a significant impact on the Bitcoin ecosystem. His decision raises questions about the future of funding for core development projects.