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Linus Torvalds is sitting on a Bitcoin pittance

Almost £100 has slipped down his cyber sofa cushions
Fri Jan 31 2014, 15:44
bitcoin-stock

LINUX FOUNDER Linus Torvalds is sitting on $136 of unclaimed Bitcoins, according to a report at IT World.

IT World has spoken with Tip4commit, a place where people can leave Bitcoins to reward code, and found that Torvalds is just one of many people who have not collected their tributes.

In fact, the website told IT World that around 40 percent of its digital cash is unclaimed.

Tip4commit has a simple proposition, and that is to drive forward open source software and development. "People donate Bitcoins to projects. When someone's commit is accepted to the project repository, we automatically tip the author," it explains on its homepage.

"Find a project you like and deposit bitcoins to it. Your money will be accumulated with money of other donators to tip for new commits."

Arsen Gasparyan explained that a recent change to the Tip4commit system means that unclaimed cash is flushed back into projects after 30 days, and that developers would be aware of this.

The Tip4commit website lists its most recent tips and the commits that they apply to. Of all the people that use the site, which is 1,714, around 270 have not provided a Bitcoin address, something that is needed if you want to collect the digital currency.

The firm does contact people to alert them to their financial tributes, and presumably Torvalds received an email.

IT World reports that since October Torvalds has made 270 commits and earned 0.172 Ƀ, or around $136. All in, from 337 GitHub projects some $2,650 has been raised. µ

 

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