• Market Cap: $3,110,637,518,151.13
  • 24h Vol: $103,933,223,045.80
  • BTC Dominance: 58.41%
  • CONTACT
  • MARKETCAP
Daily Cryptex - Crypto News, Articles and Insights
  • Home
  • Crypto Prices
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Altcoins
    • Stablecoins News
  • Exchange News
    • Binance News
    • Bitget News
    • ByBit News
    • Coinbase News
    • FTX News
    • OKX News
  • DeFi News
  • Metaverse News
  • NFTs News
  • Learn
Font ResizerAa
Daily Cryptex - Crypto News, Articles and InsightsDaily Cryptex - Crypto News, Articles and Insights
  • Home
  • Crypto News
  • Learn
Search
  • Home
  • Crypto News
    • Altcoins
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Stablecoins News
  • Exchange News
    • Binance News
    • Bitget News
    • ByBit News
    • Coinbase News
    • FTX News
    • OKX News
  • Decentralized Finance (DeFI) News
  • Metaverse News
  • NFTs News
Follow US
© Daily Cryptex. All Rights Reserved.
Daily Cryptex - Crypto News, Articles and Insights > Crypto News > Ethereum (ETH) > Ethereum Creator Donates $517K to Mobile Project ethOS
Crypto NewsEthereum (ETH)

Ethereum Creator Donates $517K to Mobile Project ethOS

Burhaan Al Amin
Last updated: August 27, 2024 7:33 pm
Burhaan Al Amin Published August 27, 2024
Share

Vitalik Buterin has likely provided financial support to ethOS, a project promoted as the world’s first Ethereum mobile operating system. According to Arkham data, Ethereum (ETH) co-founder Vitalik Buterin sent 199.9 ETH, valued at over $517,000, to a Gnosis Safe multi-signature contract. This transfer is believed to be a donation to ethOS.

Built by pseudonymous developers at Freedom Factory, this open-source project was first launched on select Android devices in late 2022 and redeployed the following year. ethOS allows users to write blockchain code and deploy ETH-based decentralized applications.

The development team, formed in 2021, plans to release additional hardware offerings this year or next, according to the official ethOS website.

Is ethOS Ethereum’s answer to Solana Saga?

Fifteen years after Bitcoin’s debut, the blockchain industry aims for mass adoption by providing easy Web3 access and real-world utility. Integrating blockchain with mobile devices has been challenging, but recent progress is promising.

In June 2022, Solana Labs introduced the Saga mobile device, built on Android’s OS and pre-loaded with Solana dapps like Phantom Wallet. After initially slow sales, Saga improved, selling 100,000 units in pre-orders within a month.

Currently, Saga appears to be ahead of ethOS, though both projects have taken different paths in combining blockchain and mobile tech. The Ethereum and Solana blockchains have grown significantly over the past year. If ethOS and Saga continue to develop, they could become key competitors in the blockchain mobile market.

Vitalik Buterin has likely provided financial support to ethOS, a project promoted as the world’s first Ethereum mobile operating system.

You Might Also Like

Bittensor Soars 41% After Bitmind Unveils Deepfake Detection Tech

Binance Urges U.S. Action Amid Gambaryan’s 6-Month Detention

New South Korea Rule: Exchanges Must Hold 80% in Cold Storage

Jambo Expands to Boost Financial Inclusion in Emerging Markets

Bankman-Fried Family Tied to $100M Political Donation Scandal

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Threads Email Copy Link Print
Share
What do you think?
Love0
Sad0
Sleepy0
Surprise0
Angry0
Dead0
Previous Article Donald Trump Unveils Fourth NFT Collection for Fans
Next Article Robinhood wallet adds support for Solana Robinhood Wallet Now Supports Solana Cryptocurrency
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
Are NFTs are stiil alive and will NFT.NYC be back in 2025? | Opinion - 1
Will NFT.NYC Return in 2025? The Future of NFTs Discussed
Is Polkadot the next FTX? $87M spending spree, racism claims, and user backlash - 1
Controversies Stir Polkadot: $87M Spree, Racism Claims, Backlash
How Blast gained the community's attention and why is it called a scam?
Community Questions Legitimacy of Popular App ‘Blast’

You Might Also Like

Tether discloses timeframe for suspending USDT redemptions on multiple networks
Crypto NewsStablecoins NewsTether (USDT) News

Tether Announces USDT Redemption Suspension on Several Networks

By Burhaan Al Amin July 11, 2024

New Foundation Launched to Advance Celo Stablecoin Adoption

By Burhaan Al Amin August 28, 2024
Shiba Inu burn
AltcoinsCrypto NewsShiba Inu (SHIB)

Shiba Inu Price Hits Key Level as SHIB Token Burn Rate Slows

By Burhaan Al Amin July 16, 2024
Short sellers see $50 million liquidated as BTC, ETH surge
Crypto NewsEthereum (ETH)

Short Sellers Lose $50M as Bitcoin and Ethereum Surge

By Burhaan Al Amin July 17, 2024

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook X-twitter Youtube Instagram Pinterest Threads Telegram
Daily Cryptex - Crypto News, Articles and Insights

Your Source for the Latest Crypto News, Market Analysis, and Expert Insights. Stay Informed Daily!

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Info

Terms

  • About
  • Contact
  • Terms Of Service
  • Privacy Policy
  • Cookie Policy
  • Editorial Policy
  • GDPR Compliance
© Daily Cryptex. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?