Bitcoin and derivatives trading platform owns BitMEX announce It has renewed the developer scholarship awarded to Calvin Kim until June 2022, giving him an additional one-year grant of $100,000. BitMEX granted Kim Scholarship of $30,000 in August 2020.
The announcement also noted that the Human Rights Foundation (HRF) had given Kim an additional $50,000 in bitcoin.
Kim focused on prototyping the full Utreexo Bitcoin node, which can help users make Initial block download 62% faster With Bitcoin Core alone, according to recent BitMEX research.
“This year, with financial support from BitMEX and the Human Rights Foundation, I intend to continue what I have been doing last year and continue to move the Utreexo project into something that users can download and use,” Kim said in the announcement. “I am excited about the next year of development for the Utreexo project and am confident that the project will have a positive impact on the Bitcoin ecosystem.”
BitMEX and HRF are both active in donating to the development of Bitcoin. The BitMEX 100x Group’s parent company owns Donate $250,000 to Bitcoin Core Manager Michael Ford (aka Fanquake). And the company has He was previously awarded a $150,000 grant For developer Core Amiti Uttarwar.
HRF . Donation Efforts Focus on Supporting Bitcoin’s Privacy Development.