Jack Dorsey’s Square Crypto Hands Out Grants to Two Bitcoin Developers

It’s grant time at Square Crypto. The crypto division of Jack Dorsey’s Square is supplying grants to free up developers to work on bitcoin. The recipients of the grant are Jon Atack and Tankred Hase. Atack is a bitcoin developer who has been doing the core development work for over two years but now will be paid by Square for it.

Grant time. We’ve got two going out today, plus instructions on how you can get your bitcoin project funded by us. Learn more about our grant process here: https://t.co/AGdq7RpEJv

— Square Crypto (@sqcrypto) March 4, 2020

The other recipient is the UX-focused bitcoin developer Hase whose plans include simplifying self custody of smaller amounts of bitcoin, creating a public key server to make it possible to text sats. He is also developing a React Native module to make it easy for JavaScript applications to use the LDK.

Previously, Square Crypto supplied grants to BTCPayServer and a part-time contributor to Lightning and C-Lightning ZmnSCPxj. The grant program of Square Crypto offers funding to an individual or team working on a bitcoin project. The applications can also work from anywhere.

Though the name is Square Crypto, the division is focused on bitcoin as it allows only proposals that are aimed at improving bitcoin through UX, privacy, scaling, security or anything else. The projects should be open-source and free that is without a profit motive.

The kind of projects square crypto supports involve improvements in private key management, mining robustness and decentralization, development of bitcoin wallet libraries, privacy implementation, Layer 2 solutions, strengthening p2p networking, and fuzz testing Core to improve its security and robustness.

Moreover, the applications to the grant must be in “good standing” with the bitcoin community.