Company
Date Published
Author
Chainlink
Word count
718
Language
English
Hacker News points
None

Summary

Chainlink has joined Gitcoin Grants Round 10 as a matching partner to support the development of Ethereum infrastructure through a quadratic funding model, which prioritizes projects with broad community support. This partnership aims to democratize funding for open-source projects by incentivizing developers to create essential infrastructure and tools such as programming libraries, Ethereum clients, and monitoring tools. Chainlink's involvement reflects its commitment to providing financial resources to the Ethereum and smart contract ecosystem, supporting various projects through grants, hackathons, and bug bounty programs. The support for Gitcoin is part of a broader effort to advance hybrid smart contracts, which integrate blockchains with external data to offer scalable and transparent decentralized applications in sectors like finance, insurance, and agriculture. Chainlink's initiatives, including its Community Grant Program, are designed to empower developers and foster the creation of innovative solutions that leverage blockchain technology to improve global access to financial products and services.