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StarkWare Industries @StarkWareLtd
, 7 tweets, 2 min read Read on Twitter
1/ We're delighted to announce StarkWare has been awarded a BIG milestone/performance-based grant from the Ethereum Foundation (more details at a later date)
2/ Ethereum continues to lead in placing big bold bets on game-changing technologies
3/ The grant will allow StarkWare to explore STARK-friendly hash functions, to develop its technology, and to offer open source code to the ecosystem
4/ STARKs will allow blockchains to massively scale (e.g. sharding), with transparent privacy (i.e. zk with no trusted setup) and post-quantum security
5/ The Ethereum Foundation’s grant, with its combination of cash and tokens, validates StarkWare’s Tech 4 Tokens (T4T) model (tinyurl.com/ybn27alp)
6/ We are grateful to the Ethereum Foundation, and look forward to working closely with @VitalikButerin, @drakefjustin, @mi_ayako, @nkennethk, and others
7/ We’ll now carefully put down the mic, and get back to work!
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