Categories: Bitcoin Latest News

Human Rights Foundation Grants $455,000 To Bitcoin Projects Worldwide

The Human Rights Foundation (HRF) has granted $455,000 to a dozen projects worldwide through its Bitcoin Development Fund. The grants focus on improving Bitcoin scaling, privacy, decentralization, global education, censorship-resistant communication and community-building efforts, with areas of focus including Africa and Asia. The HRF has allocated more than $2.7 million in BTC and USD since early 2020 to over 80 developers, educators and open-source initiatives worldwide according to a press release sent to Bitcoin Magazine.

One grant recipient is Meron Estefanos, who will use $50,000 to create Bitcoin Innovation Hub Uganda. The hub aims to equip local youth with practical skills to become sovereign individuals and will host local meetups to serve as a Bitcoin awareness and learning center. Ugandans face difficulty receiving remittances due to high fees and obstacles in obtaining ID cards, the press release states.

Calvin Kim has received $100,000 to research and implement a peer-to-peer (P2P) protocol for Utreexo block/transaction messages to prepare Utreexo for a mainnet launch. Utreexo is a Bitcoin scaling solution for faster verification and synchronization of Bitcoin full nodes. The grant will support Kim’s work on improving Bitcoin scaling.

Another recipient is Calle for Cashu, which has received $50,000 for the development of a free and open-source protocol that enables Chaumian ecash on top of Bitcoin. The Cashu protocol conceals user balances and transaction history, offering near-perfect privacy for users of custodial Bitcoin wallets.

0xB10C received $50,000 “for their work on Bitcoin Core Tracepoints, P2P monitoring, fork observer, mining pool observer and Bitcoin data.” In addition, Rootzoll received $50,000 for Raspiblitz, a do-it-yourself lightning node that can be run on a Raspberry Pi.

$25,000 went to BOB Space BKK for their Thailand residency program, while World Liberty Congress received $25,000 for the Freedom Academy.

$25,000 also went to Hampus Sjöberg for Blixt Wallet, a non-custodial open-source Bitcoin and Lightning wallet, and $10,000 will go to Nourou for Bitcoin Sénégal, a group that hosts meetups, creates educational content, and onboards local merchants to Bitcoin.

Charlene Fadirepo got $10,000 for the Bitcoin in Africa Show, providing education, insights and thoughtful conversations “to deepen the understanding of Bitcoin across the African continent,” the press release described. And finally, $10,000 will go to Lorraine Marcel for Bitcoin DADA, a women-centric organization with contributors based in Kenya and beyond that educates African women in the Bitcoin space.

HRF’s Bitcoin Development Fund aims to accelerate the development of privacy-preserving technologies for Bitcoin users and support infrastructure improvements to make Bitcoin more accessible worldwide. The next round of gifts will be announced in August 2023.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Bitcoin Slides Toward $58,000 As ETF Outflows And Options Expiry Add Pressure

Bitcoin’s latest pullback was not driven by a single headline. Instead, traders were hit by…

6 hours ago

Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000

Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at…

8 hours ago

Ripple CTO David Schwartz Clarifies XRP And Bitcoin Origins In Timeline Debate

Ripple CTO Emeritus David Schwartz has clarified a long-running point of confusion in the XRP…

10 hours ago

Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’

Bitcoin Magazine Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ Legendary investor…

10 hours ago

Bitcoin Slips Below $59,000 Following May PCE Inflation Report

TL;DR Bitcoin fell below the $59,000 threshold as macro pressure returned to crypto markets. The…

12 hours ago

Bitcoin 25-Delta Put-Call Skew Widens Amid Market Consolidation

TL;DR Bitcoin options positioning has shifted toward downside protection, according to Deribit and Block Scholes…

13 hours ago