Express

Ethereum Foundation Awards Nimbus A $650,000 Grant

Janelle Fox

Summary: Nimbus, an infrastructure project launched in March 2018 by Status, was awarded a $650,000 grant from the Ethereum Foundation for continuing its work on light Ethereum 2.0 clients, according to a Jan. 28 press release. The goal of this project is to provide smartphones and embedded devices to run smart contract-capable nodes. The funds that ...

Nimbus, an infrastructure project launched in March 2018 by Status, was awarded a $650,000 grant from the Ethereum Foundation for continuing its work on light Ethereum 2.0 clients, according to a Jan. 28 press release.

The goal of this project is to provide smartphones and embedded devices to run smart contract-capable nodes. The funds that Nimbus received will be used to get into a production-ready state, as the project prepares for testing and eventual release of a client supporting Ethereum’s beacon chain.

By Janelle Fox

Last Update:

Tags: ,,
Link: Ethereum Foundation Awards Nimbus A $650,000 Grant   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 7 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 9 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 11 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 14 days ago
  • You need to login to comment.