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Ethereum creator seemingly donated $517k to mobile project ethOS

August 27, 2024Updated:August 27, 2024No Comments2 Mins Read
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Ethereum creator seemingly donated 7k to mobile project ethOS
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Vitalik Buterin has doubtless supplied monetary help to ethOS, a challenge promoted because the world’s first Ethereum cellular working system.

In line with Arkham knowledge, Ethereum (ETH) co-founder Vitalik Buterin despatched 199.9 ETH, valued at over $517,000, to a Gnosis Secure multi-signature contract. The main hypothesis is that Buterin’s switch was a donation to the Ethereum telephone challenge referred to 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 permits customers to put in writing blockchain code and deploy ETH-based decentralized functions. The crew, fashioned in 2021, plans to launch extra {hardware} choices this yr or subsequent, in response to the official ethOS web site.

Is ethOS Ethereum’s reply to Solana Saga?

Fifteen years after the debut of Bitcoin (BTC), the blockchain trade is concentrated on reaching mass adoption by offering quick access to Web3 and real-world utility.

Integrating blockchain requirements with cellular gadgets like smartphones has typically been a problem, however developments in recent times recommend progress.

In June 2022, Solana Labs, the entity behind Solana (SOL), launched the Saga cellular system. 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. Nonetheless, Saga 2.0 improved this monitor document, promoting 100,000 models in pre-orders inside a month.

At press time, Saga gave the impression to be forward of ethOS, though the 2 initiatives have adopted totally different approaches to merging blockchain and cellular expertise. The Ethereum and Solana blockchains have seen vital progress prior to now yr. If each ethOS and Saga proceed to develop, they might finally grow to be full-fledged opponents within the blockchain cellular market.

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Coinbase CEO wants to hire DOGE staff to help improve the global financial system
May 14, 2025
How high can XRP price go?
May 14, 2025
$459 Million In Bitcoin Secured For Twenty One Capital
May 14, 2025
Bitcoin price pattern points to a $145k surge as exchange outflows rise
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