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HomeCryptoEthereumEthereum creator seemingly donated $517k to cellular venture ethOS

Ethereum creator seemingly donated $517k to cellular venture ethOS

Vitalik Buterin has probably offered monetary assist to ethOS, a venture promoted because the world’s first Ethereum cellular working system.

In keeping with Arkham knowledge, Ethereum (ETH) co-founder Vitalik Buterin despatched 199.9 ETH, valued at over $517,000, to a Gnosis Protected multi-signature contract. The main hypothesis is that Buterin’s switch was a donation to the Ethereum cellphone venture known as ethOS.

Constructed by pseudonymous builders at Freedom Manufacturing facility, this open-source initiative was initially launched on choose Android gadgets in late 2022 and redeployed the next yr.

ethOS is an Ethereum-native cellular working system that enables customers to put in writing blockchain code and deploy ETH-based decentralized purposes. The workforce, fashioned in 2021, plans to launch extra {hardware} choices this yr or subsequent, in accordance with the official ethOS web site.

You may also like: Vitalik Buterin discloses $139k wage amid EF spending talks

Is ethOS Ethereum’s reply to Solana Saga?

Fifteen years after the debut of Bitcoin (BTC), the blockchain {industry} is targeted on attaining mass adoption by offering quick access to Web3 and real-world utility.

Integrating blockchain requirements with cellular gadgets like smartphones has usually been a problem, however developments lately recommend progress.

In June 2022, Solana Labs, the entity behind Solana (SOL), launched the Saga cellular machine. The {hardware} was constructed atop Android’s OS and pre-loaded with Solana dapps like Phantom Pockets.

Sluggish gross sales initially solid doubt on Saga’s success, and Solana took almost a yr to promote 20,000 models. Nevertheless, Saga 2.0 improved this monitor report, promoting 100,000 models in pre-orders inside a month.

At press time, Saga seemed to be forward of ethOS, though the 2 tasks have adopted completely different approaches to merging blockchain and cellular expertise. The Ethereum and Solana blockchains have seen vital development previously yr. If each ethOS and Saga proceed to develop, they might ultimately turn out to be full-fledged rivals within the blockchain cellular market.

Learn extra: Solana Saga known as by tech-industry critic as worst smartphone of 2023

Ethereum creator seemingly donated $517k to cellular venture ethOS

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