BitMEX and Human Rights Foundation Grant $150,000 to Researcher Scaling Bitcoin

[Markuri33]

Cryptocurrency exchange BitMEX has renewed a grant for developer Calvin Kim worth $100,000. The Human Rights Foundation whacked in another $50,000.Crypto exchange BitMEX has renewed a $100,000 grant for Bitcoin researcher Calvin Kim for another year. Kim also received additional funding worth $50,000 from the Human Rights Foundation.

Kim is working on MIT’s Utreexo Project, which aims to help Bitcoin scale for years to come.

Bitcoin’s state size—a database that details who owns what—generally increases in size over time, creating additional burdens for the decentralized network of harddrives that host the network.source

[TomPluz]

Good to see that a researcher is being funded on his work on Bitcoin scaling, which I know can be so pivotal for the continued growth of Bitcoin as the king of all cryptocurrencies. And I think this man is not alone as there are also other entities working and focusing on the same thing...making Bitcoin as agile as it should be. And they have to catch up, really so we can stop the many doubts of many if Bitcoin can really be the ONE in the future...or will it be Ethereum.