Stacks Foundation and Brink to Fund Bitcoin Development Fellowship Using Stacking Rewards

Posted on by American Coins & Gold

Stacks Foundation and Brink to Fund Bitcoin Development Fellowship Using Stacking Rewards
The Stacks Foundation and Brink will fund a new full-time Bitcoin developer fellow position through stacking rewards.The foundation will stack 1.32 million stacks tokens (STX) for Brink, which it estimates will yield $165,000 in bitcoin over the course of one year, according to a Stacks blog post. The funds will be paid directly to Brink’s wallet every two weeks.The pair have set up a website to track the progress of the stacking process. According to the site, so far they have raised BTC 0.178 ($10,378).The Stacks Foundation supports development of Stacks, a network of decentralized apps and smart contracts built…