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BitMEX and Human Rights Foundation Grant $150,000 to Researcher Scaling BTC 2 min read May 31, 2021 cryptheory Crypto exchange BitMEX has renewed a $100,000 grant for BTC researcher Calvin Kim for another year. Kim also received additional funding worth $50,000 from the Human Rights Foundation. Kim is working on MIT’s Utreexo Project, which aims to help BTC scale for years to come. BTC’s state size—a database that details who owns what—generally increases in size over time, creating additional burdens for the decentralized network of harddrives that host the network. Utreexo’s algorithm promises to significantly reduce BTC’s state size from...
