An open-source project that aims to create a smart economy based on blockchain technology has unveiled a new program designed to fuel its ecosystem’s growth — while setting out a detailed road map for its new mainnet.
Neo says its EcoBoost scheme has been designed to support developers and projects that are already in its ecosystem, as well as those that wish to join. A total of $100 million has been allocated to the initiative — and in the first phase, the firm is seeking to establish long-term partnerships that will fuel the organic growth of its network. Media outlets, exchanges, decentralized application (DApp) distribution platforms and other blockchain infrastructures are being encouraged to express an interest in becoming an EcoBoost Partner, and Neo says it has already received numerous applications from “leading institutions and projects in the industry.”
Square Crypto announced on Twitter that they have hired Matt Corallo, Bitcoin software developer and co-founder of Blockstream.
Open source software has come of age. It has now reached a level of maturity and capability where it simply cannot be ignored. Recent research suggests that 82 percent of large organizations are more receptive to open source than they were five years ago and that C-level IT executives are now most likely to prefer an open source solution over proprietary alternatives.
Over the years, everyone’s confidence and trust in open source software has been steadily growing. We’ve now reached the point where open source is the dominant player in many of the key technology trends shaping our world.
It’s widely acknowledged that Linux is the power behind the vast majority of public internet servers and that Unix-like operating systems are being used by about 70 percent of all web servers, with Linux taking the lion’s share.
Why is that important? Because even though we pay them little thought or attention, web and internet servers are responsible for stitching together the digital fabric that most of us rely on for communications and services every day.
There’s no denying that open source is here to stay. I’ve been working with open source for almost a decade now and over that time I’ve seen how quickly open source solutions have taken off, gained acceptance and become the front runner is so many areas.
Google’s Simon Glass who is part of the Chromium / Chrome OS team presented at this week’s Embedded Linux Conference in San Diego on U-Boot.
U-Boot continues making good progress particularly on the embedded front for where this bootloader is most well known, but it’s also been seeing increasing x86 support. Currently U-Boot supports around 10 different Intel SoCs and can handle booting from Coreboot on most boards. Intel Apollolake support is forthcoming to U-Boot. Additionally, FSP2 support for the newer version of Intel’s firmware support package is being worked on for U-Boot. Also new on U-Boot’s x86 front is slimbootloader support.
Outreachy is a program that provides paid internships working on FOSS (Free and Open Source Software) to applicants from around the world. Internships are three months long and involve deep, technical work on a mentor-selected project, guided by mentors and other developers working on the FOSS application. At Mozilla, projects include work on Firefox itself, development of associated services and sites like Taskcluster and Treeherder, and analysis of Firefox telemetry data from a data-science perspective.
The program has an explicit focus on diversity: “Anyone who faces under-representation, systemic bias, or discrimination in the technology industry of their country is invited to apply.” It’s a small but very effective step in achieving better representation in this field. One of the interesting side-effects is that the program sees a number of career-changing participants. These people bring a wealth of interesting and valuable perspectives, but face challenges in a field where many have been programming since they were young.
Over the past couple of years, the Silicone-based company has raised a total of $147 million. Since its founding, H2O.ai has gone through a series of funding including its seed round in 2013. In 2017, it saw one of its biggest growth after a Series C funding that raised $75 million. Wells Fargo and NVIDIA led the funding with their $40 million investment. Other participants included Crane Venture Partners, New York Life, Transamerica Ventures, and Nexus Venture Partners.