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Bitcoin Developers to Receive $ 70,000 Grants from Human Rights Foundation

The human rights organization Human Rights Foundation (HRF) announced the distribution of $ 70,000 from a fund to support developers working to improve the resilience, anonymity and decentralization of Bitcoin.

The grants will be distributed as follows:

  • $ 25,000 will receive developer Jesse Posner for his contribution to development multisignature and discrete log contracts;
  • $ 25,000 – the team behind the development of the Munn Wallet project based on Lightning network;
  • $ 10,000 – bitcoin enthusiast Janine Roham, covering as a journalist the success in improving the privacy of the first cryptocurrency;
  • $ 10,000 – Blockchain Commons, a non-profit organization that creates conditions for internships for bitcoin activists.

Posner previously worked on Key Management at Coinbase and then moved on to open source technology development. HRF expects the grant will enable it to research and implement flexible Circle Optimized Schnorr Threshold Signatures (FROST) after activating Taproot. This is supposed to enhance privacy and make it easier for users to control funds.

Schnorr signatures and Taproot technology included in bitcoin source code

The Lightning-compatible Munn Wallet is available for Android and iOS and aims to make it easier for users to store bitcoins on their own. Led by Dario Sneidermanis, the project team is based in Argentina.

Janine’s DigestThis Month In Bitcoin Privacy»Increases the level of knowledge among users on how to protect themselves from intruders and improve privacy in bitcoin transactions.

Working to create a decentralized blockchain infrastructure, Blockchain Commons will send a grant to launch a series of internships. Their participants will be able to contribute to the development of software and help HRF activists discover the possibilities of the first cryptocurrency. For example, set up a wallet, add a bitcoin address to a personal website.

Recall Human Rights Foundation (HRF) launched developer support fund summer 2020.

In December, the organization’s chief strategist, Alex Gladstein, said that millions of people around the world rely on bitcointo “avoid high inflation, frozen accounts, sanctions and financial isolation.”

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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