The two Bitcoin-focused companies shared a grant of 0.86 BTC (or about $ 40,000 at the time of writing) to support the development of Bitcoin button, a node and wallet software that can act as an alternative to Bitcoin Core.
This grant is an excellent example of Bitcoin-focused companies investing in projects that promote the ecosystem and ultimately their best interests, through development grants. Both zkSNACKs and Bull Bitcoin have built companies that are dependent on Bitcoin Knots and it is important that they support the development of the underlying technology.
“Leading by example is the motivation behind our contribution and we want to make sure that people see our support for the development of open source software in the Bitcoin ecosystem and are inspired to follow,” said Daniel Belushka from Wasabi Wallet Bitcoin Magazine.
We saw a huge trend with Bitcoin development grants in 2020 and it’s great to see more happen in early 2021. Let’s hope other companies take note and follow Wasabi Wallet and Bull Bitcoin’s lead in supporting Bitcoin development.