Millions of Dollars Distributed for Ethereum Development in its Wave IV of Grants Program

2018-10-18 22:00

The Ethereum team has always been a staunch proponent of innovation and development.

The Wave IV of the Ethereum Foundation Grants Program saw the distribution of millions of dollars to promising projects contributing to the Ethereum development, as revealed in an official Ethereum blog.

In all, 20 projects have been granted funds under different sub-categories – Scalability, Usability, Security, #BUIDL, Client Diversity and Hackternships.

A Quick Glance at Some of the Grantees

Counterfactual is developing generalized state channels on Ethereum, a move which is aimed at making the Ethereum blockchain more efficient by shifting many processes off-chain, while not compromising on the blockchain’s characteristic trustworthiness.

Finality Labs is contributing to the development of Forward-Time Locked Contracts (FTLC) for Ethereum. Kyokan is working on developing production ready mainnet Plasma Cash & Debit plugins.

Trueblocks is working on an open source block explorer. VulcanizeDB is developing a “community sourced” block explorer. Gitcoin is a project which helps developers utilize bounties to collaborate and monetize their skills while contributing to open source projects. Flinstones is focused on the further development of Flint language.

Dark Crystal breaks down private keys into shards, which can then be sent to various trusted parties, and recovered easily. Sigma Prime, Prysmatic Labs and Status have bagged grants for Client Diversity for Eth 2.0.

As a part of Ethereum’s Hackternships, Elizabeth Binks has been awarded a grant for her work on ring signature implementation with nine or more keys. Lindsey Gray has received funds for contributing to the development of C++ BLS-381 implementation.

With this latest round of grants, the total amount of funds distributed by the Ethereum Foundation since the first wave of grants in March 2018 stands at $11 million. The Ethereum Foundation has published a wishlist on its website regarding the Ethereum ecosystem developments and invited applications for Wave V of the grants program.

Constantinople Implementation Delayed by “Consensus Issue”

While the grants distribution was a hit among Ethereum developers and supporters, the much-awaited Ethereum hard fork, Constantinople, did not see success. According to reports, the software upgrade failed to deliver results because of a “consensus issue.”

Constantinople was meant to implement five improvements and add to the network’s efficiency. The hard fork, which was activated on the Ropsten testnet on October 13 at block 4,230,000, caused a “consensus issue on ropsten.” Ethereum developer Afri Schoedon tweeted that there would be “no constantinople in 2018.” He has also revealed that the “last all-core-dev call” has been scheduled on Friday, October 19, and the community should “stay tuned” until then.

Despite the price plunge of Ethereum from over $1,400 in January to below $170 in September, Ethereum has retained its popularity among developers. In October, ETHGlobal had conducted ETH San Francisco, a hackathon which drew the participation of 1,000 developers from all across the globe.

Featured image from Shutterstock.

The post Millions of Dollars Distributed for Ethereum Development in its Wave IV of Grants Program appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3507.49 (+0.16%)
Объем 24H $17.689b
Изменеия 24h: -0.45 %, 7d: -8.75 %
Cегодня L: $3487.47 - H: $3570.72
Капитализация $421.433b Rank 2
Цена в час новости $ 206.76 (1596.41%)

ethereum development millions program wave grants dollars

Источник: newsbtc.com

ethereum development → Результатов: 126


ApeCoin community approves $1M donation to Ethereum development

The community behind ApeCoin (APE) has donated $1 million to support the development of the Ethereum blockchain, as per a recent voting proposal. The community-led initiative titled “I don’t hate apes, I just want them to fund public goods!” referencing a tweet by Ethereum co-founder Vitalik Buterin — received a majority of the votes in […] The post ApeCoin community approves $1M donation to Ethereum development appeared first on CryptoSlate.

2023-4-20 15:00


Фото:

BitFi Removes “Unhackable” Claims, Closes Bounty Program and Hires New Security Manager.

In a tweet published on the official account of Bitfi, the controversial hardware wallet marketed by Mr John McAfee as unhackable, The development team commented that they would withdraw such claim and at the same time close the bounty program in which 100k USD were offered to every person who could hack the wallet: “Effective […] The post BitFi Removes “Unhackable” Claims, Closes Bounty Program and Hires New Security Manager. appeared first on Ethereum World News.

2018-9-1 03:31


Фото:

Tron Foundation Debuts Tron Virtual Machine For dApp Developers

In a move to bolster adoption of dApps on its network, Tron has launched its new Tron Virtual Machine, as well as a suite of smart contract development tools, to meet evolving developer needs. What Will the TVM Entail? While a large sum of decentralized applications (dApps) are using the Ethereum Virtual Machine (EVM) as […] The post Tron Foundation Debuts Tron Virtual Machine For dApp Developers appeared first on CryptoSlate.

2018-8-30 18:00


Фото:

DApps May Be The Future, But Only 8 ETH and EOS Apps Are Actively Used

Decentralized applications, or DApps as they are better known, have been continually touted as the future of the internet and technology in general. And while more DApps are under development than ever before, with firms throwing millions of dollars and hundreds of hours of manpower at promising projects, this world-changing blockchain-based technology has been slow […] The post DApps May Be The Future, But Only 8 ETH and EOS Apps Are Actively Used appeared first on Ethereum World News.

2018-8-29 03:19


Фото:

Ripple’s XRP Potential to be the Highlight of the Year 2018: Weiss Ratings Recommended

There are many options to choose from to note out the latest success and development that Ripple Labs’ XRP has experienced, but one actually being a teaser has shook the crypto-verse. Founder and current CEO Brad Garlinghouse mentioned how a major wave of institutional investors is going to step-in in the third quarter of the […] The post Ripple’s XRP Potential to be the Highlight of the Year 2018: Weiss Ratings Recommended appeared first on Ethereum World News.

2018-8-26 11:57


Фото:

Canadian Government Debuts Ethereum Blockchain Explorer

Canada’s National Research Council has launched a new Ethereum blockchain explorer for public use, according to a press release. Canada’s Move Toward Transparency The development is one of the world’s first instances of a country building an explorer platform, and the new blockchain explorer will be used to provide the public transparency to government frameworks, specific […] The post Canadian Government Debuts Ethereum Blockchain Explorer appeared first on CryptoSlate.

2018-8-24 03:00


Фото:

StellarX Weigh In On The Problems With Running ICO’s On Ethereum

StellarX is the looming crypto asset trading platform, developed by an affiliated branch of Stellar (you know, the XLM crypto project). As the StellarX platform continues to see its development, some of the team there have been carrying out side research into why the Ethereum blockchain is a bad place to launch an ICO, indeed, they share some interesting findings too.

2018-8-22 18:30


Фото:

Ripple ‘Isn’t Really A Blockchain’ – Ethereum Co-Founder Downplays XRP, EOS

ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum. Lubin: Ripple ‘Isn’t Really A Blockchain’ Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s biggest names.

2018-8-16 22:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Community Development Grants Cohort 2

Immutable X Just now·4 min read Welcome back to another round of our Community Development Grants! Last year, we ran the first ever program in December and celebrated a huge success with key takeaways: We received 29 proposals within a week 18 of which were posted in Discord for an initial temperature check 4 projects […] The post Community Development Grants Cohort 2 appeared first on NFT News Today.