• 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

Aptos Maintains Superior Throughput Supporting Developer Growth

chest

Aptos showcases unmatched transaction throughput and steady application deployment.

user avatarLeo van der Veen

Rumors Persist About Hal Finney's Link to Satoshi Nakamoto.

chest

Speculation about Hal Finney being Satoshi Nakamoto intensified, especially after a documentary aired in 2024.

user avatarFilippo Romano

Ethereum Network Activity Declines

chest

Recent reports indicate a significant drop in Ethereum's network activity, with daily active addresses falling to their lowest level in seven months.

user avatarEmily Carter

Tron TRX Price Stalls Amid Resistance

chest

Tron TRX is trading around 0.2816 with a daily rise of 2.59%, but remains below key moving averages, indicating market pressure.

user avatarTomas Novak

Major Banks Anticipate $157B in Profits by 2026

chest

Six major U.S. banks are projected to earn a collective profit of $157 billion by 2026, driven by trading and advisory services.

user avatarKaterina Papadopoulou

Arbitrum Posts Exceptional Network Usage Amid Layer-2 Expansion

chest

Arbitrum continues to demonstrate high transaction volumes and stable network adoption metrics.

user avatarLi Weicheng

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.