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Bitcoin Development Boost: FTX Is Donating $450K to Brink
Sam Bankman-Fried's crypto exchange is committing to a three-year sponsorship of the coding nonprofit.
Автор Zack Seward
FTX is sponsoring the development of the thing that brought us here: Bitcoin.
- The cryptocurrency exchange is committing $150,000 a year for the next three years to Brink, an organization that helps fund Bitcoin's open-source developer community, according to an announcement on Friday.
- "Bitcoin is foundational to the entire crypto space, and Brink is doing phenomenal work recruiting and supporting a new generation of talent to keep the network strong," FTX founder Sam Bankman-Fried said in a statement.
- Brink launched in 2020 with funding from the Human Rights Foundation, Square Crypto and crypto exchange Gemini. Crypto lender Nexo and others have chipped in since then.
- FTX joins a growing list of crypto firms stepping up to the plate to keep the open-source work of Bitcoin Core contributors well supported. It is the first company to make a multiyear donation commitment.
Read more: Human Rights Foundation, Compass Mining Give $80K to Sponsor Bitcoin Developer
Sizin için daha fazlası
A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
Bilinmesi gerekenler:
- Recent DeFi exploits on protocols like Thorchain, Drift and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger.
- Because XRPL transactions are atomic and cannot include composable intra-transaction calls, flash loan attacks are structurally impossible on the network.
- As XRPL pursues AMM upgrades...
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