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The creator of Ethereum, Vitalik Buterin, has given $ 300,000 in crypts to three Ethereum startups via multiple threads on Twitter.
Prysmatic Labs, ChainSafe Systems and Sigma Prime are the three projects, each of which receives 1,000 ETHs. Each project is working to improve the Ethereum network and move it to 2.0. ChainSafe is creating a client compatible with Ethereum 2.0; Prysmatic Labs is working to improve scalability; and Sigma Prime is also working on a 2.0 client called Lighthouse.
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The thread commented by Buterin consisted of developers discussing how to improve current Ethereum technology. Some developers have claimed that lack of funds was their biggest problem.
Preston Van Loon, a co-founder of Prysmatic Labs, tweeted:
Our greatest distraction @prylabs is that we are still working full-time for other jobs. Even with recent concessions, it's not enough to bring the whole team full-time with significant wage reductions and it's certainly not for us to even scale the team where we need it.
– Preston Van Loon (@preston_vanloon) December 18, 2018
Buterin replied: "I have just sent 1000 eth. Yolo [you only live once]".
Van Loon replied to a thread that talks about the current shortcomings of Ethereum. Started by Ryan Sean Adams, who shared a keynote video and summarized it:
Oct 2018 @fredwilson w / "tough love" comments on Eth
TLDR; He says that Ethereum is not killing him, they are blowing their heads. They are changing value, missing ship dates and lacking basic operational leadership to get shit
What do you think about it? Https: //t.co/kclM08t5s6
– Ryan Sean Adams (@RyanSAdams) December 18, 2018
SpankChain's managing director, Ameen Solaimani, responded by stating that "Ethereum has taken its advantage for too long (2 years)." He needs more attention and urgency on scalability to reclaim his narrative. or die slowly. "
The donation of Sigma Prime also comes from a tweet. Co-founder Paul Hauner sent that group he had been "rejected for a couple of concessions recently". We can certainly turn 1k ETH into more developers! "Buterin replied and provided another 1,000 ETHs.
Finally, the ChainSafe project brought Mikerah Quintyne-Collins tweeted "I will literally go out if we have $ 100k in ETH." Buterin replied with another 1,000 next to a tweet of "I expect results!".
The founder of Ethereum also shared the transaction links, each of which was marked by his public Ether address.
Prysmatic Labs and Sigma Prime had received prior funding from the Ethereum Foundation. The first had received $ 500,000 in October and $ 100,000 in March, with the latter receiving $ 150,000 in October.
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