• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nexo Supports Brink: 1 BTC Donation for Bitcoin Core Development

user avatar

by Giorgi Kostiuk

a year ago

On HODL Day, Nexo proudly announced the donation of 1 BTC to Brink, a non-profit supporting Bitcoin Core development. This funding will help Brink expand its educational and mentorship programs for new developers.

Nexo's Donation and Its Importance for Bitcoin

Nexo has donated 1 BTC (approximately $105K) to support Brink, which accounts for roughly 7% of the $1.5 million 2024 funding goal.

Brink's Role in Bitcoin Core Development

Brink aims to foster a community of Bitcoin developers. The organization actively engages in testing, bug fixing, and updates to ensure network security and scalability.

Brink is very grateful for this 1 BTC contribution from Nexo to our developer funding efforts! The funds will be used to support our engineers’ work of securing Bitcoin software through their efforts of fuzz testing, code review, and other projects outlined in our recent annual report.Mike Schmidt, Executive Director, Brink

Supporting and Contributing to Bitcoin Network Security

Thanks to community donations, Brink has become a significant force in identifying and fixing vulnerabilities in Bitcoin. This support enables developers to conduct rigorous code reviews and critical updates.

Bitcoin Core developers are Bitcoin’s unsung guardians. By supporting their work, we help ensure that Bitcoin remains the most secure, innovative, and decentralized asset for future generations.Elitsa Taskova, CPO, Nexo

The collaboration between Nexo and Brink marks a significant milestone in their joint efforts to ensure Bitcoin's security and resilience for future generations. Nexo continues to support Brink, emphasizing its commitment to Bitcoin's security.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Businesses Experience Mild Gains Amid Consumer Sentiment Improvement

chest

US businesses reported mild gains in January despite improved consumer sentiment, with weak growth in manufacturing and services.

user avatarJesper Sørensen

American Consumer Confidence Reaches Five-Month High

chest

In January, American consumer confidence saw a significant increase, reaching its highest level in five months.

user avatarNguyen Van Long

Google Launches Innovative Me Meme Feature in Google Photos

chest

Google has launched the Me Meme feature in Google Photos, enabling US users to create personalized memes from their photos using AI technology.

user avatarSatoshi Nakamura

Changpeng Zhao's Advocacy and Investments Flourish After Pardon

chest

Changpeng Zhao has become a prominent advocate for cryptocurrency after receiving a presidential pardon, engaging in significant investments and public speaking.

user avatarLucas Weissmann

Changpeng Zhao Granted Presidential Clemency by Donald Trump.

chest

Changpeng Zhao, former CEO of Binance, received a full presidential pardon from Donald Trump, erasing his 2024 conviction for anti-money laundering violations.

user avatarRajesh Kumar

Multi-Factor Technical Strategies Enhance CFD Optimization

chest

Diverse strategies are necessary to optimize CFD portfolios across various market phases. Traders and investors can employ multi-factor technical strategies to capitalize on different market conditions.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.