Copy link
Increase text size
Decrease text size
Link copied

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.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $6,345.64 (-1.55%)
  • Ethereum (ETH) $133.21 (+0.72%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $217.74 (-0.55%)
  • Bitcoin SV (BSV) $163.94 (-0.83%)
  • Bitcoin (BTC) $6,345.64 (-1.55%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft