₿trust’s Big Give: What Projects Will Get a Slice of the Q3 Bitcoin Grants?

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₿trust Empowers Global South Bitcoin Developers: Q3 Starter Grants and Open-Source Cohort Announced

Bitcoin, a decentralized and peer-to-peer digital currency, relies on a robust open-source ecosystem for its ongoing development and security. ₿trust, a non-profit organization dedicated to supporting open-source Bitcoin developers, plays a crucial role in fostering this ecosystem, particularly within the Global South. Recent announcements from ₿trust highlight their commitment to empowering talented developers in regions like Africa, MENA, Southeast Asia, and Latin America.

Building a More Inclusive Bitcoin Ecosystem

The ₿trust Starter Grants aim to bridge the gap in open-source contribution by providing full-time funding to Bitcoin software engineers from underrepresented regions. These grants are crucial for several reasons:

  • Financial Stability: Grants offer developers a secure income, allowing them to focus entirely on their contributions without financial worries.
  • Career Advancement: ₿trust provides mentorship and support, helping developers establish sustainable careers in the Bitcoin space. This fosters long-term engagement with the ecosystem.
  • Diversity of Perspectives: Bringing in developers from diverse backgrounds strengthens Bitcoin’s resilience by introducing fresh perspectives and innovative approaches.

"Through these grants, we can tangibly contribute to decentralizing Bitcoin open source development by introducing these developers with diverse perspectives to strengthen the resilience of the Bitcoin network," said ₿trust Interim CEO Abubakar Nur Khalil.

A Pathway to Sustainability: The ₿trust Open-Source Cohort

The Starter Grant program serves as a steppingstone to the ₿trust Open-Source Cohort. This cohort offers extended financial support alongside mentorship, professional development opportunities, and a strong sense of community. Participants receive comprehensive guidance to thrive in their roles and contribute effectively to Bitcoin’s open-source advancement.

"The intention is to make grantees’ Bitcoin open-source careers sustainable, and in addition to the long-term financial support we provide, create a supportive environment for them to thrive and feel a larger sense of community," explained Nur Khalil.

Meet the Q3 2024 Starter Grant Recipients

Three talented developers were chosen for the Q3 2024 Starter Grants:

  • Enigbe Ochekliye: A backend engineer with experience in projects like Galoy’s Stablesats and Easepay’s PSP. Ochekliye will contribute to the Lightning Development Kit’s rust-lightning and work on improving onboarding for new contributors.
  • Tobechi Chukwuleta: A highly experienced backend developer with a background in data analysis. Chukwuleta will focus on enhancing BTCPay Server’s store functionality and modularity, leveraging his expertise in multisig capabilities and plugin development.
  • Kelvin Isievwore: Contributing to projects like Polar and LND, Isievwore will work on streamlining the testing and development process for engineers building on the Lightning Network.

These developers represent a diverse range of skills and experience, underscoring ₿trust’s commitment to inclusivity and fostering a vibrant developer community.

Introducing the New Members of the Open-Source Cohort

The Q3 2024 announcements also introduced three new members to the ₿trust Open-Source Cohort:

  • Abubakar Sadiq Ismail: A Nigerian Bitcoin Core contributor working on optimizing the Bitcoin protocol, particularly in areas like long-term fee estimation and transaction analysis. Sadiq Ismail’s expertise in Mempool fee estimation analysis contributes to Bitcoin’s scalability and usability.
  • Duncan Dean: A South African Lightning contributor heavily involved in developing the rust-lightning library. Dean’s contributions to projects like ldk-review-club and lndk demonstrate his commitment to improving codebase robustness and continuous integration.
  • Oghenovo Usiwoma: A Nigerian Bitcoin Core contributor who previously focused on advancing Silent Payments functionality under a ₿trust Starter Grant. Usiwoma will continue enhancing Bitcoin’s privacy and scalability by introducing new key formats and descriptors for Silent Payments.

These developers bring a wealth of experience and dedication to the cohort, further strengthening the network’s expertise and innovation capacity.

Joining the ₿trust Community

Developers based in Africa, the MENA region, Southeast Asia, and Latin America are encouraged to apply for ₿trust Starter Grants. Developers from other regions in the Global South may also be considered on a case-by-case basis, demonstrating their contributions to the Bitcoin ecosystem.

Apply for a ₿trust Starter Grant via this link.

Conclusion

₿trust is instrumental in building a more inclusive and sustainable Bitcoin ecosystem. By empowering talented developers in the Global South through starter grants and the Open-Source Cohort, ₿trust promotes diversity and fosters a vibrant and robust open-source community, contributing significantly to Bitcoin’s long-term growth and innovation. The organization’s dedication to supporting developers across the globe reinforces the decentralized nature of Bitcoin, ensuring a future where participation and contribution are accessible to all.

Article Reference

Rebecca White
Rebecca White
Rebecca White is a cryptocurrency journalist and editor for Bitcoin Magazine. She offers in-depth analysis, information, and commentary on blockchain technology and cryptocurrencies. Rebecca's expertise is highlighted through her articles, podcasts, and research, making her a prominent figure in the crypto community.