Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum Foundation and Co-Funding Grants Announced
ETHEREUM NEWS

Ethereum Foundation and Co-Funding Grants Announced

By Crypto FlexsFebruary 24, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Foundation and Co-Funding Grants Announced
Share
Facebook Twitter LinkedIn Pinterest Email

Today we will be releasing over $2 million in foundation-led and co-funded grants to accelerate the development of Serenity (Eth2.0) as we approach the launch of Beacon Chain.

Eth2.0 Client Subsidy

In recent months, the Ethereum Foundation has awarded significant awards to key client development teams tasked with delivering a long-term multi-client testnet as development approaches Phase 0 launch.

We are proud to announce the recipients of these grants.

Harmony

Award: $189,000 for Harmony beacon chain development

Github

Prism Lab

Award: $725,000 for Prysm client development

Website | Github

sigma prime

Prize money: $485,000 for Lighthouse client development

*Co-funders: Ethereum Foundation and ConsenSys

Website | Github

situation

Award: $500,000 for Nimbus client development

Website | Github

networking

situation

Prize: $150,000 for nim-libp2p development

*Co-funded by: Ethereum Foundation and Protocol Lab

Website | Github

Status’ Nimbus team is building a native nim language implementation of libp2p for use by Nimbus and other projects. The team also aims to create an implementation suitable for devices with limited resources.

white block

Prize money: $184,000

*Co-funders: Ethereum Foundation and ConsenSys

Website

Whiteblock is funded to continue Eth2.0 network testing and testnet/interoperability support. Whiteblock will analyze the libp2p gossipsub implementation and continue to work with implementers to improve the networking stack and specifications and advance interoperability efforts.

research and development

Dmitry Khovratovich

Prize: $10,000

Dmitry Khovratovich, a professional cryptographer, was funded to write a report on the security of the Legendre PRF (as described by Grassi et al.) and the proof-of-custody scheme to be used in phase 1 of Eth2.0.

chain safe

Award: $217.5K for Lodestar light client and JavaScript development

Website | Github

Chainsafe is working on Eth2.0 light client R&D within the Lodestar JavaScript client and continues to provide support for the Eth2.0 JS/web browser ecosystem by developing libraries, tools, and training resources.

prize

The following bounties are open to help further research and development efforts for the future of Ethereum:

Step 0 Agreement

The Ethereum Foundation is offering a 5 ETH bounty (or 1000 DAI, whichever is greater) for recommendations for substantive changes (bug fixes, optimizations, etc.) included in the Phase 0 Eth 2.0 specification prior to Eth 2.0 Genesis. This includes changes to state transition functions, fork selection rules, or deposit agreements. For more information, please see: Public bounty issue in spec repository.

Legendre PRF

The Legendre pseudo-random number function is a very MPC-friendly 1-bit PRF. This PRF is currently scheduled to be used in the custody proof scheme in Phase 1 of Eth 2.0. This is because it is the only known method that enables proof of custody in a shared secret setting. To encourage more research into this PRF, the Ethereum Foundation has set up a series of bounties here: legendreprf.org/bounties

STARK-Friendly Hash Challenge

The Ethereum Foundation asked StarkWare to recommend STARK-Friendly Hash (SFH). The StarkWare Hash Challenge is an open competition to evaluate the security of currently proposed SFH candidates. This challenge is proposed in four security levels: low security, medium security, target security, and high security in several scenarios. see starkware.co/hash-challenge Find out more about the competition and how to get started.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$ 1.2 billion in ETH EXITS exchange

May 16, 2025

NY Federal Reserve taps token assets, not CBDC, to the future of finance.

May 15, 2025

1 trillion dollar security initiative announcement

May 14, 2025
Add A Comment

Comments are closed.

Recent Posts

Investors in PI Network & Dogecoin have benefited from XRPTurbo, an AI agent lunch pad of XRP.

May 16, 2025

Warren Buffett

May 16, 2025

Reasons for structural failures, huge chaos and encryption can be the only safe betting remaining

May 16, 2025

Virtual modifications 13%, but optimistic feelings are still high. What is the following?

May 16, 2025

Gala Music launches a hot box mystery box with exclusive NFT and rewards.

May 16, 2025

The XRP price route of $ 3.40 remains.

May 16, 2025

The XRP price route of $ 3.40 remains.

May 16, 2025

TRON’s USDT dominance is restored and 50%of the stablecoin of the chain is restored.

May 16, 2025

Thorchain announced the Mainnet upgrade to version 3.6.0

May 16, 2025

The proven Bitcoin exercise indicators blink green and support the analyst $ 140K-$ 200K price forecast.

May 16, 2025

Bitcoin can be traded sideways for two weeks before raising the next leg.

May 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Investors in PI Network & Dogecoin have benefited from XRPTurbo, an AI agent lunch pad of XRP.

May 16, 2025

Warren Buffett

May 16, 2025

Reasons for structural failures, huge chaos and encryption can be the only safe betting remaining

May 16, 2025
Most Popular

SEC Commissioner Hester Peirce criticized the regulator’s ‘counterproductive’ approach to cryptocurrency oversight.

March 2, 2024

Game On: Upcoming airdrop of the most popular gaming tokens

December 27, 2023

BTC price is nearing $40,000 as Bitcoin traders’ eyes return to all-time highs.

December 3, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.