Bitcoin Optech

Basics

• In july 2018, a group of Bitcoin engineers announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) to address the issue of scaling the Bitcoin blockchain. The non-profit team is backed by leading industry actors, such as Paypal board member Wences Casares, executive of Kohlberg Kravis Roberts & Co. Ltd, John Pfeffer, and cryptocurrency research and development group Chaincode Labs.
• There also exists a Bitcoin Optech Newsletter. Which is a weekly newsletter on Bitcoin and Lightning Network updates.

Year Summaries

• These editions of the Optech Newsletter summarizes notable developments in Bitcoin during the years:

2018 can be found here.

2019 can be found here.

Funding

• "Seed funding was provided by Wences Casares and John Pfeffer to cover outside contractors and incidental expenses. Resources are provided by Chaincode Labs to support Optech."