The Bitcoin Operations Technology Group (Optech) works to bring the best open source technologies and techniques to Bitcoin-using businesses in order to lower costs and improve customer experiences.
An initial focus for the group is working with its member organizations to reduce transaction sizes and minimize the effect of subsequent transaction fee increases. We provide workshops, documentation, weekly newsletters, original research, case studies and announcements, and help facilitate improved relations between businesses and the open source community.
If you’re an engineer or manager at a Bitcoin company or an open source contributor and you’d like to be a part of this, please contact us at email@example.com.
Optech does not exist to make a profit, and all materials and documentation produced are released under the MIT license.
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.
Our generous member companies pay an annual contribution to cover expenses.
Principals and Associates of Optech
"I am excited about the opportunity Bitcoin has before it as it grows. I hope to contribute my small part as a liaison to help businesses take advantage of all that Bitcoin has to offer as well as gather feedback for the open source community so that we can together bring this wonderfully evolving technology to the masses."
"New Bitcoin technologies, and more importantly, their rationales will always take some time to propagate from the engineers working on the bleeding-edge to the services and businesses focused on serving their customers. I'm honored to be able to help Optech accelerate this process."
David A. HardingGitHub
"The terrible thing about a consensus system like Bitcoin is that every on-chain action we perform affects every other user of the system. That makes all of us neighbors, so we're faced with the choice of either being the bad neighbors who complain endlessly about each other or the good neighbors who work together to solve problems and find ways to coexist in harmony."
"I started Optech because if Bitcoin is to be successful, then one of the fundamental challenges facing Bitcoin services and businesses will be how to maximize customer utility by making efficient use of the blockchain. Helping Bitcoin ecosystem players adopt scaling techniques and technologies is one of the most effective ways we can help Bitcoin scale today."
"I see Bitcoin Optech as an outstanding resource for Bitcoin services and businesses to not only stay up to date on operational changes in Bitcoin open source engineering and R&D but also to gain vital contextual understanding to anticipate and deploy them effectively. I am thrilled for the opportunity to help Optech in this mission."
"Bitcoin has a pipeline of innovations flowing from the open source community. I am excited to help with the blocking and tackling needed to help roll out these innovations with the wider community of businesses, wallets, exchanges, and users."
"I am excited to help Bitcoin Optech Group make a meaningful contribution to Bitcoin. I’m looking forward to working with businesses to develop implementation best practices and to build a bridge between businesses and the open source community."
Our founding sponsors have generously provided funds and resources to cover our start-up and ongoing costs.
"It will take a very large ecosystem of trustworthy companies to ensure that Bitcoin succeeds and can be used by the entire world. By helping Bitcoin companies adopt the best technology and spreading knowledge and best practice among Bitcoin engineers, Bitcoin Optech is contributing to the success of the most important leap forward in the democratization of money we've ever seen."
"I’m an investor and believer that everyone who has a stake in Bitcoin has a duty to contribute and give back to Bitcoin development, including hodlers! Wences, Alex and I hope that everyone will pitch in, contribute and do their bit to help make this grand challenge to scale Bitcoin a success."
"John and the Optech team have really taken the initiative to help build a higher level of communication and collaboration between industry and the open source development community. We're just at the beginning of realizing the potential of Bitcoin and related technology, and I'm excited to see how much we can all accomplish working together."