Wednesday, August 4

Donation to Bitcoin (BTC) Researcher from BitMEX and Human Rights Foundation

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bitmex ck

World-renowned cryptocurrency exchange BitMEX has made a donation of $100.00 for Bitcoin (BTC) researcher Calvin Kim. The Human Rights Foundation also made a donation of $50,000.

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Kim is working on MIT’s Utreexo Project, which plans to help scale Bitcoin for years to come.

Bitcoin’s state size creates additional loads for hard drives. Utreexo’s algorithm works to reduce Bitcoin’s state size from a few gigabytes to under one kilobyte.

Kim is working hard for the project with the funds she has received. “Being financially stable has allowed me to focus more on advancing the research and development of the Utreexo Project,” Kim said in a statement.

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