- Square Crypto has started a new initiative to fund and help in the development of Bitcoin-based projects.
- Square Crypto has supplied grants to BTCPayServer and ZmnSCPxj.
- Projects based on Layer 2 solutions and making improvements on mining network and accessibility with extensive decentralization.
Square Crypto has started a new initiative to fund and help in the development of Bitcoin-based projects and also aid in building developer toolkits while contributing to the lightning network and Bitcoin core. The main initiative Square Crypto is working on is to supply grants which give the freedom to the developers to work on Bitcoin in their fundamental form.
Until now, Square Crypto has supplied grants to BTCPayServer and ZmnSCPxj while Jon Atack and Tankred Hase are further on the list to get funded and help provide steps to aid in the individual Bitcoin projects. Square Crypto is the required aid when one wants to build financial freedom in terms of financial means.
This is the one-stop platform to get funded for all the Bitcoin projects. To get facilitated from the granting, one should fall under a set of criteria to be processed for the grant. Those include an individual or a group to be working on a Bitcoin project.
The projects should be enabled and based on improving the Bitcoin and framework using UX, scaling, privacy, and security while the project team should have a good standpoint on the Bitcoin community, and the projects developed should be free and open-sourced without the motive of profit or business conduit.
A set of example projects include Improvement based projects on private key managements, development of Bitcoin wallet libraries based on coin selection and compact block filters, privacy implementations related to SNICKER or Payjoin. They are maximizing security on peer to peer connections (P2P) in core and light networks.
Projects based on Layer 2 solutions and making improvements on mining network and accessibility with extensive decentralization. Development of wallets based on the requirement of individual nations and specific regions and finally Fuzz testing Core to improve its security and robustness.