Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
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

Ethereum leverage remains at an all-time high. What happens next?

January 30, 2026

BlackRock supports Ethereum gatekeeping tokenization despite market share being threatened.

January 26, 2026

What does it take to scale tokenized collateral? – Enterprise Ethereum Alliance

January 22, 2026
Add A Comment

Comments are closed.

Recent Posts

The cryptocurrency veteran is back with caricatures, privacy apps, and Gasless L2.

January 30, 2026

Ethereum leverage remains at an all-time high. What happens next?

January 30, 2026

Hong Kong regulators have set a sustainable finance roadmap for 2026-2028.

January 30, 2026

Bybit Unveils 2026 Vision As “The New Financial Platform,” Expanding Beyond Exchange Into Global Financial Infrastructure

January 30, 2026

How to Claim Vault12 Promo Code FALLOUT26 for Android and iOS

January 29, 2026

Crypto Veteran Returns With Satirical Cartoon, Privacy App, And Gasless L2

January 29, 2026

Some Have Embraced Hashrate, Daily Returns Quietly Approaching $7777

January 29, 2026

US Senator Submits Amendment to Cryptocurrency Bill

January 29, 2026

XRP ‘Millionaire’ Wallets Increase in ‘Encouraging Signal’

January 29, 2026

Cardano (ADA) rises — signs of recovery emerge

January 28, 2026

QXMP Labs Announces Activation Of RWA Liquidity Architecture And $1.1 Trillion On-Chain Asset Registration

January 28, 2026

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

The cryptocurrency veteran is back with caricatures, privacy apps, and Gasless L2.

January 30, 2026

Ethereum leverage remains at an all-time high. What happens next?

January 30, 2026

Hong Kong regulators have set a sustainable finance roadmap for 2026-2028.

January 30, 2026
Most Popular

Unleash RotoCoin’s Potential: The Ultimate Guide to Cryptocurrency Success – The Defi Info

January 28, 2024

Electrum testnet wallets do not display the trading record for the address.

June 2, 2025

Mt Gox moved around 47,229 BTC ahead of $9 billion payout

July 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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