Square Cryptos New Grant Funds Popular Bitcoin Blockchain Explorer

By CoinDesk3 days ago

AD

Square Crypto and Gemini have doled out yet another grant, this time to two pseudonymous developers who maintain one of the most popular Bitcoin block explorers.

Pseudonymous Bitcoiners Wiz and softsimon will receive $100,000 from Square Crypto and $25,000 from Gemini to continue their work on the website. The two-man team will take the one-year grant in bitcoin.

Grants like these have become more ubiquitous over the past year as Bitcoin and crypto companies step up to the plate to fund projects that typically subsist on donations and volunteer work. In an open-source, distributed world like Bitcoin, these grants are becoming the lifeblood of many projects and initiatives.

Related: State Street Aims to Start Cryptocurrency Trading in the Middle of 2021

Its long been our dream to work directly for Bitcoin, and now with the recent generous donations from the community were able to cover all operating expenses for The Mempool Open Source Project and also take a full salary. So were living the dream! Wiz toldCoinDesk.

Continue read on nasdaq.com