Company
Date Published
Author
Chainlink
Word count
568
Language
English
Hacker News points
None

Summary

Open-source infrastructure and development are pivotal to the security and value of blockchain technologies, with organizations actively financing developers and projects through initiatives like Gitcoin Grants and the Chainlink Community Grant Program. By participating in Gitcoin Grants Round 8 as a matching partner, they aim to fund Ethereum infrastructure projects chosen by the community using a quadratic funding model, which ensures equitable voice distribution regardless of individual donor contributions. Their commitment extends to supporting diverse markets such as DeFi, insurance, gaming, and NFTs, where Ethereum smart contracts are expanding their influence. They emphasize the transformative potential of blockchain ecosystems to create fairer and more efficient systems, underscoring the importance of open-source development in achieving this vision. The organization expresses gratitude to the community and encourages continued support and engagement through donations and participation in open-source projects.