Ethereum Foundation gives $ 2.5 million grants to Ethereum 2.0 developers

The Ethereum Foundation revealed the new round of financing for the development of the Serenity update (Ethereum 2.0). The total amount of granted grants reached almost $ 2.5 million.

According to the developers of the update, it will bring
in Ethereum, the ability to deploy Proof-of-Stake consensus, sharding and other network scaling solutions.

According to the message
in a fund’s blog, in recent months, the organization, along with Protocol Labs and ConsenSys, “has provided significant grants to leading client development teams that are currently working on multi-tenant test networks as development approaches Phase 0’s launch.”

The Ethereum Foundation has published the following list of grant recipients:

The Ethereum Foundation issued last year
grants of about $ 3 million to several blockchain startups and developers, and in January the organization provided
$ 5 million grant from Parity Technologies.

In addition, in March, grants from the fund were received.
researchers at Columbia and Yale universities to compile the new smart contract programming language into the Ethereum Virtual Machine (EVM). In May, the Ethereum Foundation also announced that it plans to
invest about $ 30 million in the development of key projects in the Ethereum ecosystem.