TagEthereum Foundation

Ethereum to Spend an Eye Popping $30 Million as Price Hits Its Stride


By CCN: The Ethereum Foundation announced it is committing $30 million over 12 months as it continues to build Ethereum 2.0. The nonprofit is spreading the funds "on key projects across the ecosystem" with a focus on Ethereum 2.0 (Plasma), supporting Ethereum 1.0, and developers. The foundation holds 0.6% of all ETH in addition to cash on hand. The Ethereum price took the baton from bitcoin and...

University of Tokyo Launches Blockchain Course with Ethereum Foundation Backing

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The University of Tokyo began offering a blockchain course at its graduate engineering school, thanks to an $800,000 donation from a consortium that includes the Ethereum Foundation and Japanese banking juggernaut Sumitomo Mitsui. The class — called the "Blockсhain Innovation Donation Course" — was rolled out on November 1 and will run through October 2021, according to a statement by Sumitomo...

Ethereum Sharding Slated for 2020: ETH Foundation Researcher Justin Drake

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Sharding, a much-anticipated Ethereum scaling solution, could be implemented as soon as 2020, Ethereum Foundation researcher Justin Drake said on Friday. Speaking to TechCrunch, Ethereum researchers including Drake and co-creator Vitalik Buterin discussed scaling solutions and the future of the project, outlining specific goals and functions of their upcoming new features. Discussing scaling...

Ethereum Foundation Announces Millions in Grants for Dapps and Smart Contracts


The Ethereum Foundation has announced the first grants to support dapps and smart contracts on the Ethereum blockchain. The grants, announced on an Ethereum blog, are designed to support developers with R&D, experience and education. The foundation views the grants as a signal to the community of its need to find the missing pieces of the Ethereum ecosystem that need more support. The...

Ethereum Foundation to Offer Millions in Grants for Scalability Solutions


The Ethereum Foundation will offer grants to qualified teams interested in developing blockchain scalability solutions, Vitalik Buterin, co-founder of Ethereum, announced in a recent blog post. This will become a specialized program alongside a more general grant program the Ethereum Foundation will soon release. Subsidy amounts of $50,000 to $1 million will be available, with possibly more for...

Russian State-Owned Bank VEB Joins Ethereum in Long-Term Partnership


In significant developments in the Ethereum blockchain space, Russian state-owned bank VEB has entered a longstanding partnership with the Ethereum foundation toward the development and implementation of blockchain-based government applications. At a ceremony this week, Russian state-owned development bank Vnesheconombank (VEB) signed a partnership agreement with Ethereum foundation founder...

Vitalik Buterin Weighs in on the Ethereum Classic Blockchain


  Ethereum creator Vitalik Buterin has addressed the no-fork blockchain Ethereum Classic which follows the protocols and consensus based on the Ethereum platform prior to the recent hard fork. In a telling statement via a blog post today, Ethereum creator Vitalik Buterin revealed that the foundation that continues to develop and support the Ethereum blockchain will commit to the hard fork...