Ethereum Foundation Announces Millions in Grants for Scaling Research

in #cryptocurrency3 years ago

The non-profit that oversees development of ethereum has officially unveiled two subsidy programs that will support research on how to grow the number of transactions its blockchain can process.

In a blog post published Tuesday, ethereum creator Vitalik Buterin described how the network is beginning to reach 1 million transactions per day. In his view, scaling the network is "the single most important key technical challenge" that developers need to work on before blockchain applications can be widely used.

Read more on:
https://www.coindesk.com/vitalik-buterin-announces-new-subsidies-for-ethereum-scaling-research/