The Ethereum Foundation looks to the future with a new round of grants
19 August 2018 by William Peaster
Over the weekend, the Ethereum Foundation has declared its subsidies "Wave 3" for projects in the 39; Ethereum ecosystem focused on downsizing, security, education and more. The new round suggests that technical progress is – and will be – constantly growing for the most popular cryptocurrency behind bitcoins.
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New grants that scale research, focus
The Ethereum Foundation, one of the leading hands of the Ethereum blockchain, announced its latest round of progress-oriented community grants.
Highlights of the Wave 3 Grants of the #Ethereum Foundation :
– $ 4M towards the functions and tools of hashing ZK-STARK-friendly 🤫
– $ 400K towards the verification formal ✅
– $ 390K to the state / sharding channels 🚀
– $ 250K to the full node adoption 👫https: //t.co/lzQzVemKmU
– panek (@panekkkk) August 18, 2018
The Foundation announced the first of its inaugural grants for downsizing and development efforts in March 2018. The mission of the ETH masters is, in their own words, "to effectively merge wheels for projects. that build the critical infrastructure of our young community There are many traces to be laid before Ethereum does it. "
As regards their last dispensations, the Foundation divided the last assignments for the following categories:
- Usability / Experience of the developer  of beneficiaries include textbook builders Cryptoeconomics.study, Unreal 4 linker of Etherlinker engines, Etheratom solidity atomizers and beaconer sharying Harmony. 15 projects have made the cut overall.
For the upcoming "Wave 4" grants, the Foundation said it was interested in projects that explored the plasma, the status channel and implementations of "shasper", a "tokenless" lightning network, "" and about two dozen other potential areas of interest. It is said that the group has already spent more than $ 11 million in subsidies in 2018.
Even in the midst of the recession, there is no shortage of events at Ethereum lately
The price of ether may have crashed under the $ 300 previously in the week before the recovery back to the same number in the last days.
Regardless of this, the technical progress at the base of the Ethereum path never seems more brilliant. Not only are the projects supported by EF going late, but several simultaneous advances in both private and open-source realms mean that the capabilities of Ethereum are continually growing.
Nimbus, Orion, Vyper, Oh My! Ethereum Ecosystem Trodding Toward Future
It is the little brother who will not stop even when Bitcoin Maximalism has seen a recovery in the cryptoeconomics still bearish of 2018.
What do you think? Does the Ethereum Foundation focus on the right areas? Which projects would you give subsidies to? Sound off in the comments below.
Images via Pixabay, Ethereum Foundation