Vitalik Buterin Gives Away 3,000 ETH to Three Startups

Although there has been a lot of excitement surrounding Ethereum 2.0 and its eventual launch, the development of supporting applications for the platform has been moving slowly. In a Twitter thread addressing this issue, Vitalik Buterin, Ethereum’s creator, noticed some of the developers citing a lack of funding as the primary motive for the stunted progress.

His response was immediately to give 1,000 ETH (about $100,000) to Prysmatic Labs, a startup working on the scalability aspect of Ethereum 2.0.

https://twitter.com/VitalikButerin/status/1075181710730506240

Prysmatic Labs is a group of blockchain developers who got together to tackle the challenge of…

This article appeared first on Cryptovest

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