Description
OpenSats is a non-profit organization committed to supporting the Bitcoin ecosystem by funding developers and open source projects vital for the network’s enhancement. It operates with a 100% transparency principle, allowing donors to see how their Bitcoin and monetary contributions are being utilized. Alongside direct funding, OpenSats offers a grant program for Bitcoin infrastructure and security projects, and encourages community participation by enabling donors to vote on funding allocations. The initiative extends its support beyond software developers, including designers, reviewers, researchers, and educators involved in projects that enhance Bitcoin's scalability, security, and overall ecosystem. OpenSats's support is not limited to Bitcoin alone but also encompasses peripheral technologies such as scaling solutions, secure communication protocols, and self-custody innovations, ensuring a holistic approach to fostering Bitcoin’s growth and sustainability. With a strong commitment to no fees and 100% donation passthrough, OpenSats embodies the decentralized spirit of blockchain, making it a crucial component in the web3 domain for the progression and sustenance of Bitcoi...
OpenSats is a non-profit organization committed to supporting the Bitcoin ecosystem by funding developers and open source projects vital for the network’s enhancement. It operates with a 100% transparency principle, allowing donors to see how their Bitcoin and monetary contributions are being utilized. Alongside direct funding, OpenSats offers a grant program for Bitcoin infrastructure and security projects, and encourages community participation by enabling donors to vote on funding allocations. The initiative extends its support beyond software developers, including designers, reviewers, researchers, and educators involved in projects that enhance Bitcoin's scalability, security, and overall ecosystem. OpenSats's support is not limited to Bitcoin alone but also encompasses peripheral technologies such as scaling solutions, secure communication protocols, and self-custody innovations, ensuring a holistic approach to fostering Bitcoin’s growth and sustainability. With a strong commitment to no fees and 100% donation passthrough, OpenSats embodies the decentralized spirit of blockchain, making it a crucial component in the web3 domain for the progression and sustenance of Bitcoi...