Former Twitter CEO Jack Dorsey Donates $5 Million to Bitcoin Non-Profit
Crypto News

Former Twitter CEO Jack Dorsey Donates $5 Million to Bitcoin Non-Profit

1m
Created 10mo ago, last updated 10mo ago

Bitcoin development nonprofit, Brink, has received a significant financial pledge of $5 million from Jack Dorsey's #startsmall organization.

Former Twitter CEO Jack Dorsey Donates $5 Million to Bitcoin Non-Profit

Table of Contents

The Support from #startsmall Will Enable Brink to Attract More Talent

Bitcoin development nonprofit, Brink, has received a significant financial pledge of $5 million from Jack Dorsey's #startsmall organization. This commitment of $1 million per year over the next five years will provide a strong foundation for Brink's mission of supporting Bitcoin developers and ensuring the long-term sustainability of the Bitcoin core codebase. Brink offers fellowship, grants, and mentorship programs to foster open-source development for Bitcoin and related technologies, aiming to strengthen the Bitcoin network and developer ecosystem. The support from #startsmall will enable Brink to attract more talent, expand educational initiatives, and provide ongoing assistance to Bitcoin developers in their crucial work.

The pledge from #startsmall not only emphasizes the growing significance of Bitcoin and its underlying technology but also showcases the commitment of #startsmall to open-source initiatives. This substantial funding injection will empower Brink to create a sustainable environment for Bitcoin development, furthering their efforts to advance the Bitcoin ecosystem and decentralized systems.

1 person liked this article