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Chainlink’s support for the Ethereum project shows that both platforms can complement each other.
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Chainlink plans to donate additional funds to the Gitcoin Grants Round 8 project.
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The partnership will enable further growth and sustainability of the Ethereum infrastructure.
Decentralized Oracle Network Chainlink is participating in the Gitcoin Grants Round 8 development of the requested Ethereum infrastructure project as it announces support for the project.
The crypto community has praised this development, as many believe that both the Ethereum (ETH) and Chainlink (LINK) projects need to complement each other to grow and develop in the industry.
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Chainlink and Ethereum can complement each other
As a decentralized Oracle network, Chainlink has always claimed to have the ability to solve the problems that the Ethereum platform has had. There have been many arguments and counter arguments as to which is the best between Chainlink and Ethereum. The followers of these platforms have even turned against each other, as they constantly argue about the viability of each of the platforms.
But with Chainlink’s support on the Ethereum project, a community member pointed out that the argument over superiority will be silenced.
Some of the experts and market analysts are hoping that both platforms will play a complementary role in the market, which will be more beneficial for users and the entire crypto community. Chainlink’s development team released a statement, showing the platform’s readiness to take it to the next level.
“We remain committed to the continued growth of the Ethereum ecosystem“The team said, adding that it is the reason for the support of the Gitcoin Grants 8 project.
The development team’s goal is to participate in funding community-selected projects that focus on improving Ethereum’s infrastructure, Chainlink’s development team reiterated.
Additionally, Chainlink said its support for Gitcoin is another proof that it wants both platforms to work together to ensure better growth of both companies’ infrastructure, which will become beneficial to the community.
Sustainability of the Ethereum infrastructure
The project will let everyone see Ethereum as one that is openly accessible and perfectly capable of supporting advanced smart contract applications.
Additionally, Chainlink will donate funds to the Gitcoin Grants Round 8 project, to complement donor contributions of individuals on popular projects.
Ethereum’s open source infrastructure is very important for the sustainability of the Ethereum ecosystem. Currently, around 1,821 collaborators and more than 49,000 DAI are connected to the Gitcoin Grants Round 8 project.
