Cryptocurrency exchange BitMEX introduced that its $100,000 one particular-calendar year grant has been awarded to Gleb Naumenko, a Bitcoin Main contributor and researcher. Awarded by HDR World-wide Buying and selling, which owns BitMEX, the developer grant software enhances the company’s efforts that assist the progress of open up-resource protocols.
Chaincode Labs Researcher Awarded BitMEX Grant
Gleb Naumenko, a Bitcoin Main contributor and researcher with Chaincode Labs, has gained the Bitcoin developer grant from BitMEX. According to the company’s announcement, Naumenko is the next particular person to be awarded the grant, following on Michael Ford, who received the grant very last year.
Naumenko will be awarded a $100,000 1 calendar year grant by HDR Global Buying and selling Constrained, the firm that owns and operates the BitMEX cryptocurrency buying and selling system. The company announced the “no strings attached” grant earlier in May well, stating that it wishes to proceed the observe of awarding grants to performing on Bitcoin, NodeJS, Java or Kubernetes.
To date, HDR has awarded a whole of $650,000 in grants to open-source tasks, which consists of a $150,000 grant to Ford past yr and a $500,000 grant to the Digital Currency Initiative at MIT.
Supporting Open up Source Bitcoin Development
The Bitcoin Progress grant arrangement states that HDR will pay back Naumenko the $100,000 in 12 equivalent monthly installments, both in fiat or Bitcoin. In the course of the 12-thirty day period period, Naumenko will only be obliged to ship two “short reports” each individual six months associated to the work he does on projects linked to Bitcoin development.
All of the get the job done carried out must be produced obtainable both equally to HDR and the community via an open-supply application license with no any constraints. As for the form of perform Naumenko chooses to pursue, HDR claimed that it was up to his “sole discretion.”
The newest grant puts BitMEX at the very prime when it will come to businesses financing Bitcoin progress. The organization has joined the likes of Blockstream and Lightning Labs, as nicely as other exchanges these types of as Bitfinex, Bitmain, BitPay, and OKCoin in funding ongoing development of the Bitcoin community.
It’s also really worth noting that the business has been donating to several brings about that are fighting against the COVID-19 outbreak. Again in April, BitMEX confirmed that it donated $2.5 million to 4 companies, which include things like the Gates Philanthropy Companions.
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