Over $2 million Granted To ETH 2 Contributors By Ethereum Foundation
Ethereum Foundation has announced the start of a new round of outgoing grants to support the ongoing development of ETH 2.0 (aka Serenity). This round is led by the foundation in combination with external co-funding, all together worth over $2 million.
The announcement specifies that the selection process for these Ethereum grants has been oriented primarily towards awarding “leading client development teams currently tasked with delivering long-standing multi-client testnets” as ETH 2.0 development approaches “phase 0”.
ETH 2.0 is a project which represents a handful of significant upgrades which are in the works for Ethereum with the intention of optimising speed and development capabilities, the most important of which being the scaling dilemma.
As such, the choice of projects funded to help fulfil this goal is of great importance. Organisations and projects to receive Ethereum grant funding in this time around are as follows…
Ethereum Client Grants
Harmony — $189k, for Harmony beacon chain development
Harmony is an original Java client built on the Ethereum network, which acts as an alternative to the more enterprise focused Pantheon client, and the money was donated to support the software the team has been developing upon the beacon chain.
The software created by Harmony operates under an open source-like ‘General Public License’ (GPL), which has been designed to ensure that any and all implementations of the code remain “free software and stay free software”.
Prysmatic Labs — $725k for Prysm client development
Prysm is a full-featured sharding client created to help solve the issues surrounding Ethereum 2.0 scaling, with a team that claims it can “process transactions faster than ever before”. It aims to achieve this by integrating the Libp2p protocol, from Protocol Labs; whist also implementing the Golang language.
Prysmatic Labs has also received funding from the following: Aragon, district0x, Ethereum Community Fund, and SpankChain.
Sigma Prime — $485k for Lighthouse client development
This project was co-funded between the Ethereum Foundation and ConsenSys, a US based blockchain software solutions provider, and comes from a team which specializes in information security and blockchain technology consulting.
Lighthouse is an in-development Ethereum 2.0 client written in the Rust programming language.
Status — $500k for Nimbus client development.
In one of two Ethereum grants awarded to Status, this first one is for the development of Nimbus: an Ethereum 2.0 client written in the Nim programming language, and is expected to be the “first” mobile-native client on the Ethereum network.
Status comprises a suite of products which include: an open-source messenger, crypto wallet, and Web3 browser built with state of the art technology.
Read Full Article: https://news.daex.com/ethereum-eth/ethereum-eth-news-roundup-18-august-1-september-2019-grants-world-bank/
Published at Fri, 13 Sep 2019 17:59:32 +0000
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