• 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

2 years 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

Ethereum Foundation Integrates AI for Enhanced Protocol Security

chest

The Ethereum Foundation's Protocol Security team is utilizing AI agents to improve the scanning of protocol repositories and devnets for vulnerabilities.

user avatarAyman Ben Youssef

Ethereum ETFs Experience Positive Inflows Amid Institutional Interest

chest

Ethereum ETFs have recorded a third consecutive day of net inflows, indicating improving institutional demand.

user avatarTando Nkube

Utz Brands Inc Stock Surges 89% Amid Intersnack Group Acquisition Announcement

chest

Utz Brands Inc stock surged 89% after Intersnack Group announced a $2.9 billion acquisition.

user avatarKofi Adjeman

Render Completes 98% Migration to Solana

chest

Render Foundation announces that 98.4% of the RNDR token supply has successfully migrated to the native RENDER token on Solana.

user avatarNguyen Van Long

United Stables U Token Surpasses 1 Billion Market Cap

chest

The United Stables U token has achieved a significant milestone by surpassing a market capitalization of 1 billion, supported by Chainlink Data Feeds for pricing and collateral data.

user avatarSatoshi Nakamura

Market Confidence in NIGHT Token at Risk Following Exploit

chest

The market's confidence in the NIGHT token is at risk as traders assess the implications of the Wanchain bridge exploit.

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.