Elizabeth Ploshay and Micky Malka have been elected to the board of the Bitcoin Foundation.

Ploshay, manager of communications at Bitcoin Magazine, received 90 votes, which equates to 25.1% of all the votes cast for the individual seat. Serial entrepreneur, angel investor and venture capitalist Malka received 26 (72.2%) of the votes for the industry seat.

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Ploshay and Malka join the likes of Mt. Gox CEO Mark Karpeles and BitInstant CEO Charlie Shrem on the board.

Jon Matonis

, executive director of the Bitcoin Foundation, said: "We welcome our new board directors and the wealth of additional experience they bring to Bitcoin Foundation, Inc."

The Bitcoin Foundation was created by a group of people involved in the space who wanted to make sure bitcoin reaches its full potential. The foundation has three primary objectives: to standardize, protect and promote the digital currency.

Ploshay, who is based in Atlanta, told Let's Talk Bitcoin earlier this month that she wanted to be elected to the foundation's board to "preserve and protect the merits and future of bitcoin". She added:

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"Time is of essence and the Bitcoin Foundation needs a take-charge leader who is willing to put in long hours until the job is accomplished."

Ploshay beat off strong competition from the likes of Facebook software engineer Ben Davenport and BitPay investor Trace Mayer, while Malka was up against BitPay co-founder Tony Gallippi and Coinsetter CEO Jaron Lukasiewicz.

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