Company
Date Published
Author
Chainlink
Word count
644
Language
English
Hacker News points
None

Summary

The Chainlink Community Grant Program aims to support development teams and researchers by providing financial resources to build a more effective and impactful Chainlink Network. A recent grant was awarded to the Stacks Foundation to aid their Stacks Accelerator program, which focuses on accelerating the growth of startups on the Stacks blockchain by offering mentorship, resources, and access to investors. This initiative will facilitate the integration of Chainlink's decentralized oracle networks with the Stacks blockchain, enhancing developers' ability to create sophisticated smart contract and DeFi applications that leverage reliable external data. The Stacks network, supported by Bitcoin's security, offers an open-source platform for creating censorship-resistant and composable smart contract applications. By empowering Stacks developers through financial support, the grant aims to expand the range of smart contract functionalities and foster collaboration between the Chainlink and Stacks ecosystems. The program underscores Chainlink's commitment to advancing universally connected smart contracts and secure oracle networks, contributing to technological advancements with societal benefits.