Brazilian Bitcoin Nonprofit Vinteum Announces Utreexo Developer Grant

1 year ago

Vinteum, a Brazilian nonprofit dedicated to furthering Bitcoin probe and development, has announced its 2nd assistance recipient for protocol development, per a merchandise sent to Bitcoin Magazine.

Davidson Souza volition person Vinteum’s 2nd assistance successful bid to proceed providing implementations that let wallets to the Rust Utreexo library. Then, Souza volition integrate the room with Spiral’s Bitcoin Development Kit (BDK). Additionally, Souza volition make bitcoin betterment proposals (BIP) surrounding the implementations, assistance successful protocol improvement and lend to different projects specified arsenic Rust Bitcoin.

Utreexo is simply a hash accumulator for Bitcoin initially projected by Tadge Dryja, co-author of the Lightning Network whitepaper. The hash accumulator is meant to service arsenic an alternate database utilized to correspond a unspent transaction output (UTXO). The alternate dataset allows nodes to get and verify accusation related to UTXO’s. In doing so, the accusation provided to nodes allows scalability benefits by decreasing the magnitude of retention afloat nodes request without changing thing regarding the information of the Bitcoin protocol. The process could besides marque moving a node cheaper, velocity up archetypal artifact downloads, and beryllium utilized arsenic an oracle for UTXO sets for antithetic projects.

Souza initially attended immoderate unofficial Venteum seminars which led to his engagement successful Summer of Bitcoin, wherever helium met his aboriginal mentor Calvin Kim who is simply a grantee of Bitmex. Kim began mentoring Souza to larboard the Go Utreexo room to Rust truthful that anyone tin validate Utreexo proofs with Rust code.

“Davidson has been a beardown performer during the Summer of Bitcoin program, demonstrating his cognition of Bitcoin astatine the protocol level, and has been productive successful grasping and implementing the Utreexo algorithms,” said Kim.

Vinteum launched successful August with the ngo to bid and money open-source developers for the Bitcoin ecosystem successful Brazil. The nonprofit announced its archetypal grantee astatine launch, Bruno Garcia, who besides joined the radical arsenic a founding member.

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