Krakens First Brink Grant Goes to Bitcoin Rust Developer

By CoinDesk8 days ago

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The first grant from Krakens $150,000 donation to the Bitcoin development non-profit organization Brink will fund a developer who is coding tools to build Bitcoin software in the Rust programming language.

Alekos Filini will receive an undisclosed amount for the next year to continue his work on Bitcoin software built using the Rust language, specifically for working on the Bitcoin Developer Kit. This programming language is the building block for one implementation of the popular Bitcoin open-source wallet Electrum, as well as a Rust Lightning Network integration.

This grant and others like it have grown in popularity over the last year and have become an integral piece to funding Bitcoins open-source protocol and softwares, whose developers have historically relied on donations or done work for free.

Related: Market Wrap: Bitcoin Near $58K, Reverses Two-Day Losses Despite Lower Trading Volume

Im incredibly grateful to Brink and Kraken for what they are doing, Alekos Filini told CoinDesk. I know there are a lot of really smart people out there that deserve funding for their open-source projects, so the fact that theyve seen what weve built with BDK over the past year and ultimately decided to award me this grant feels awesome for me personally and for the whole team as well.

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