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Stripe's blog - product announcements, feature updates, and technical posts.
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David Singleton Stripe

Stripe’s next engineering hub is remote

Companies like GitLab and Zapier are 💯 remote. Stripe’s next engineering push, colocated in what they call “hubs,” will be a new style of hub — remote. Stripe has engineering hubs in San Francisco, Seattle, Dublin, and Singapore. We are establishing a fifth hub that is less traditional but no less important: Remote. We are doing this to situate product development closer to our customers, improve our ability to tap the 99.74% of talented engineers living outside the metro areas of our first four hubs, and further our mission of increasing the GDP of the internet. Stripe will hire over a hundred remote engineers this year. They will be deployed across every major engineering workstream at Stripe. This means if you’ve ever wanted to join the ranks of Stripe, but moving was a blocker for you, the window of opportunity is now open to you and there’s no limit to what you can work on. We have seen such promising results from our remote engineers that we are greatly increasing our investment in remote engineering.

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Sorbet – a static type checker for Ruby

Some interesting new open source coming out of the team at Stripe. It appears they’ve stolen a few (good) tricks from TypeScript’s playbook: Sorbet is 100% compatible with Ruby. It type checks normal method definitions, and introduces backwards-compatible syntax for method signatures. Explicit method signatures make Sorbet useful for anyone reading the code too (not just the author). Type annotations serve as a tool for understanding long after they’re written. Sorbet is designed to be useful, not burdensome. Explicit annotations are repaid with clear error messages, increased safety, and increased productivity. There’s docs, a demo, and a talk from Strange Loop 2018, but you’ll have to wait to get your hands on the source. It’s advertised as Coming Summer 2019.

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Stripe is ending their Bitcoin support

For Stripe, Bitcoin isn’t scaling well to make it “useful for payments,” and it’s expensive in both time and money to process transactions. However, Tom Karlo said “Bitcoin has evolved to become better-suited as an asset rather than a means of exchange.” A line in the sand has been drawn for Bitcoin as a useful payment currency. Therefore, starting today, we are winding down support for Bitcoin payments. Over the next three months we will work with affected Stripe users to ensure a smooth transition before we stop processing Bitcoin transactions on April 23, 2018. Clearly the value of Bitcoin is still there as an asset. It’s just not working out (for Stripe) as a means of exchange for payments. Though they remain optimistic. Despite this, we remain very optimistic about cryptocurrencies overall. Tom also provided some insights to where things are heading for crypto and payments. We may add support for Stellar (to which we provided seed funding) if substantive use continues to grow. It’s possible that Bitcoin Cash, Litecoin, or another Bitcoin variant, will find a way to achieve significant popularity while keeping settlement times and transaction fees very low.

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