The Human Rights Foundation which has funded various educational and developmental Bitcoin projects said the grants will be used to expand Bitcoin education and translation as well as Bitcoin core, lightning and wallet development.
The Human Rights Foundation stated on Tuesday that as part of its ongoing Bitcoin Development Fund, it plans to award 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors.
The Bitcoin Development Fund, which was established in May 2020, is dedicated to enhancing the privacy, usability, and security of the Bitcoin network.
This round of donations will be focused on growing Bitcoin education and translation, as well as Bitcoin core, lightning, and wallet development, according to the Foundation.
According to the press release, the organization will distribute the funds to a variety of developers, including Jarol Rodriguez, Farida Nabourema, Roya Mahboob, Anita Posch, and Meron Estefanos.
The Sparrow Bitcoin Wallet, Boltz Exchange, the Summer of Bitcoin internship program, Blockchain translation team Exonumia and the Blockchain Commons development group will all get grants from the Foundation.
CMS Holdings, the Gemini Opportunity Fund, and Jameson Lopp were also thanked for their contributions, according to the Foundation.
The Human Rights Foundation supports Bitcoin
The Human Rights Foundation made headlines in January 2021 when it urged readers of Time magazine not to hate Bitcoin and other cryptocurrencies. Alex Gladstein, the Foundation’s chief strategic officer at the time, said:
“Bitcoin is neutral like cash, and can’t discriminate between good and bad […] Some extremists use these tools. They also use mobile phones, email and the internet.”
The executive went on to say that ignoring growing financial instruments like Bitcoin might lead to an expansion of the US police state, powered by “bulk monitoring to combat radicalism.”
