Two bitcoin apps get donations from Strike and Human Right Foundation

Last Updated: 1 November 2022

Money has again been handed out to fledgling bitcoin projects by the Human Rights Foundation and lightning company Strike.

The projects Cashu and LNlink will both be donated an amount in bitcoin to build on their software. The money was distributed to the developers in consultation with OpenSats.

A while ago, the Human Rights Foundation announced their intention to support bitcoin development. But in a specific corner:

  • a completely anonymous tipjar;
  • a privacy-friendly eCash wallet idea;
  • an app for dollars via lightning.

LNlink

From all the applications, the promoters have handed out two scholarships. William Casarin is eligible for the reward of 1.0 bitcoin worth about $10,000 to work on LNlink.

He is working on iOS app for the c-lightning implementation. His goal is to be able to receive donations anonymously, without having to share any of your (digital) identity.

You can use LNlink to directly use a lightning node running Core Lightning. It does not require any additional software, such as VPN or Tor.

Cashu

In addition, developer Calle gets 0.5 BTC for his work on Cashu. Should he be able to solve a problem with IP addresses before the end of the year, he will also receive the remaining 0.5 bitcoin.

Cashu is eligible for the eCash bounty. It is a privacy-friendly way to send bitcoin in a semi-custodial manner.

With Cashu, nobody knows users’ balances nor do you have an account. The trust model is slightly different with eCash wallets though, namely shared custody. According to developer Calle, with Cashu you do control the tokens yourself.

Dollar assets

According to Alex Gladstein, the Human Rights Foundation’s Chief Strategy Officer, there has been no good submission for the stablecoins-on-bitcoin donation.

According to them, they only want to support non-custodial dollar options, but these do not seem to exist yet.

There are already bitcoin wallets with dollar balances, such as Galoy’s Stablesats. However, they used crypto exchange OKx to settle derivatives, making it a centralised solution.

Another idea is Kollider’s Synthetic Stablecoins.

Author

  • Ivan came across the topic of cryptocurrencies in early 2016 and, as an author and enthusiast, has been intensively involved with the topics of cryptocurrencies, blockchain and STOs ever since.

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