• 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

Community Responds to Zeiler's Claims on Codius

chest

XRP community members respond to Steven Zeiler's claims about the Codius project, emphasizing its token-agnostic design and discussing its current status.

user avatarNguyen Van Long

Dogecoin Forms Bullish Pennant on Monthly Chart

chest

Dogecoin is showing significant technical patterns on its monthly chart, indicating a potential bullish breakout.

user avatarAyman Ben Youssef

Meta Acquires Moltbook, Expanding into AI Social Networking

chest

Meta has acquired Moltbook, a social network where AI agents interact autonomously, expanding its ecosystem into AI.

user avatarTando Nkube

NVIDIA Partners with Thinking Machines Lab to Advance AI Technology

chest

NVIDIA has announced a multiyear strategic partnership with Thinking Machines Lab to advance AI technology.

user avatarKofi Adjeman

Former Ripple Engineer Discusses Codius Project's Downfall

chest

On March 8, Steven Zeiler, a former senior engineer at Ripple, discussed the failure of the Codius project, citing the lack of a native token as a key reason.

user avatarSatoshi Nakamura

Bitmine Expands Ethereum Holdings Amid Market Volatility

chest

Bitmine Immersion Technologies has made a significant purchase of Ethereum, acquiring over 60,000 units valued at more than $122 million despite ongoing market turbulence.

user avatarJesper Sørensen

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.