Square Crypto Grants $100,000 To Mempool.Space
Bitcoin block explorer mempool.space will receive $100,000 denominated in bitcoin over the next twelve months from Square Crypto.Square Crypto, the open-source Bitcoin development arm of payments company Square, is supporting one of Bitcoin’s most popular open-source blockchain explorers, mempool.space.The project is run by the pseudonymous Wiz and softsimon, who will be receiving $100,000 from Square Crypto in a year-long grant denominated in BTC.“Not even two weeks after announcing bitcoin-denominated grants, we’re giving @wiz and @softsimon_ @mempool 14,043,207 sats … a month for 12....
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Mempool.space is an open-source mempool visualizer and blockchain explorer for Bitcoin. It features real-time updates and live transaction tracking. The post Interview: Wiz And Simon Of Mempool.space appeared first on Bitcoin Magazine.
Foundry Digital has announced a grant of 1 bitcoin to Mempool.space in an effort to boost the Bitcoin ecosystem’s security and transparency.
Mempool will employ the grant to further develop features focused on Blockstream’s Liquid Network.
Steve Lee of Square Crypto sees major Bitcoin application progress on the horizon, dismisses energy FUD and looks forward to Bitcoin 2021.
Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical. The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands of stuck transactions pending confirmation were included in recent blocks, leaving very few unconfirmed transactions still outstanding. The spike in hash power has been attributed to the re-activation of China-based miners who migrated from Sichuan after the end of the province’s....