Human Rights Foundation Provides Grants to Bitcoiners to Boost Education and Software Development
- Human Rights Foundation (HRF) releases its latest Bitcoin development grants.
- The $70,000 grant was dispersed to four teams focusing on education and software development.
The Human Right Foundation (HRF), a New York-based nonprofit organization, gave its latest round of Bitcoin development grants on Tuesday. The organization focuses on boosting the adoption and development of Bitcoin solutions globally, the latest grant focusing on software development and education efforts in the space.
According to a report, the HRF grant was released to four teams. Muun wallet, a lightning network-based wallet, and Jesse Posner, a Bitcoin core developer, received $25,000 to build software solutions on Bitcoin.
Jesse Posner, a former Coinbase employee, is developing the Discrete Log Contracts (DLCs), threshold signatures, and adapter signatures. The solution aims to reduce the data backlog on the Bitcoin blockchain by computing most data off-chain. Apart from offering scalability, Posner stated the DCL would also improve the contracts’ security on the blockchain.
Muun wallet, on the other hand, is a Bitcoin Lightning Network-based wallet that allows penny-transactions while reducing on-chain transaction fees. The Argentinian firm aims to make crypto accessible to everyone through fast and low fee payment channels. Muun wallet founder Dario Sneidermanis said,
“Being Argentinians, we’ve seen first-hand why this is sorely needed, maybe a little bit earlier than the rest of the world, so it’s important that organizations such as the HRF are paying attention to this.”
Independent journalist Janine, known for the Block Digest podcast and open-source incubator Blockchain Commons, will receive $15,000 to further blockchain education and training.
Janine, an internet privacy and blockchain advocate, has been at the forefront of gatekeeping privacy in the crypto ecosystem. She runs a blog, This Month in Privacy, a monthly roundup of developments and news on Bitcoin, internet privacy, and cybersecurity. Speaking to Coindesk, Janine said she might use the grant funding to launch new avenues to give the blog a multi-media component, teasing the launch of a Q&A series to speak on the web privacy, including Bitcoin.
Finally, Blockchain Commons, a non-profit, open-source Bitcoin and blockchain incubator, will use its funding to enhance Bitcoin education while helping human rights activists worldwide with decentralized financial tools.
This article is Originally posted on CoinCentral.com
Author: Lujan Odera