Vulpem Ventures Awarded Open Source Development Grant to Burak
Vulpem Ventures, a company behind Fuji Money, Marina Wallet for Liquid, and Nigiri Bitcoin, awarded a $25000 grant to Burak for his work on the Ark protocol.
- "Vulpem Ventures is happy to announce we have awarded an open-source Bitcoin development grant to @brqgoo of $25000 for the next year."
- "Burak's work will focus on the Ark protocol, a second-layer solution designed to help scale Bitcoin transactions by using a shared utxo model."
"Beyond the deep compatibility with the Lightning Network, the ability of Ark to move off-chain, not only simple payments, but also any Bitcoin script it's the game changer to bring financial primitives to everyone, without custodians and trusted third parties," the firm stated.
- "At Vulpem we are focused on supporting and building the next generation of bitcoin-native financial services. From escrow payments to trustless lending & on-chain derivatives, although possible, they can't scale on the Bitcoin blockchain."
