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]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 16 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.