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Square Crypto awards grant to pseudonymous Lightning contributor ‘ZmnSCPxj’

Thu, 12 Dec 2019, 04:41 am UTC

Square Crypto, a bitcoin-focused unit of payments company Square, has awarded a grant to a Lightning contributor going by the pen name ‘ZmnSCPxj.’

ZmnSCPxj has been contributing to Lightning and C-Lightning for the past two years. The grant, which is ZmnSCPxj’s first for bitcoin-related work, will allow the researcher to go “full-time on Lightning and bitcoin.” The details of the grant have not been disclosed.

“ZmnSCPxj is well-known for his prolific posts on lightning-dev email lists, ability to analyze and respond to proposals in excruciating detail, and doing both while generating comprehensive proposals of his own,” Square Crypto said in a tweet.

In a report, CoinDesk said that the identity of the researcher is likely known by Lightning developers. ZmnSCPxj attended Lightning Conference in October in Berlin, where he gave a presentation and reportedly spoke to others.

In March 2019, Jack Dorsey, co-founder and CEO of Twitter and the founder and CEO of Square, introduced “Square Crypto” which he described as “Square’s first open source initiative independent of [its] business objectives.” This new unit is focused on projects that will drive mass adoption of cryptocurrencies.

Square Crypto has made a number of key hires in the past couple of months, including former Google director Steve Lee, Blockstream co-founder Matt Corallo, Facebook and BitGo alum Arik Sosman, Lightning Labs alum Valentine Wallace, and Google alum Jeffrey Czyz.

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