PANews, December 4th news, the Ethereum Foundation released the funding project update report for the third quarter of 2024. The report shows that the total funding amount for the third quarter reached $12.8488 million, covering various areas including community education, consensus layer, cryptography and zero-knowledge proofs, developer experience and tools, execution layer, and Layer 2. Among them, community education projects accounted for the largest share, including the EEA Industry Day conference held in Bangkok, Thailand, the ETH Pura Vida conference and hackathon held in San Jose, Costa Rica, and other activities.
In the field of technology, the foundation continues to support the development of consensus layer clients such as Lighthouse, Nimbus, and Grandine, as well as the upgrade and maintenance of development tools like Web3.js and OpenZeppelin account abstraction contracts. Additionally, the report indicates that the foundation has provided funding for several research projects related to zero-knowledge proofs.
