Arizona State University collaborates with Dartcoin to provide research grants and scholarships

nRunaway Comment: Dartone collaborated with Arizona State University in digital currency research and Dartone provided R u0026 D funding to the university including scholarship programs, research labs, and blockchain course development funding. Unlike Bitcoin, which receives R u0026 D funding from outside, it takes the form of self-sufficiency funding, which is used not only for project operations but also for employee salaries and sponsored projects. Therefore, the self-sufficiency of funding determines the independence of the project itself.n
nTranslation: Annie_Xun
Arizona State University (ASU) announced that it has partnered with DTS for digital currency to accelerate its research, development and education to increase the speed, efficiency and security of blockchain transactions and increase its utilization rate with a consideration of $ 350,000. Funding is as follows:n
n1, Dash Scholars Program (Dash Scholars Program) will provide undergraduate and graduate $ 100,000 in research funding;n
2. Research labs and industry open source projects provide US $ 100,000 for ASU Blockchain Research Laboratory (BRL) and US $ 50,000 for Luminosity Lab.n
3, blockchain course development, 100,000 US dollars for creating online courses, is expected to start this fall.n
nDartone invested $ 350,000 through a successful financial proposal, Dragan Boscovic, head of blockchain research at ASU, said:n
n”ASU welcomes this project and is ready to create a robust blockchain research and innovation environment for young talent developing useful blockchain utilities.”n
Research and development integrationn
When it comes to digital currency, it tends to focus on the development side of the equation. Much more attention than research is new software releases, new feature upgrades, road maps, and more. However, the exciting new feature for everyone came from researchers who discovered ways to add new functionality.n
While the Dart Core DAO (Dash Core DAO) focuses primarily on development, marketing and digital currency routine maintenance, at least two teams are pushing the project forward. Dash Labs is a DAO (Distributed Autonomous Organization) developed by CTI founder Evan Duffield to develop hardware solutions that use large blocks of capacity to support chain expansion.n
Similarly, the direction of ASU fellows is to improve the currency of the world and solve the universal problem of cryptocurrencies. Last summer, Dartone donated 50,000 U.S. dollars to the ASU Blockchain Research Laboratory. Ryan Taylor, CEO of the Dash Core team, said:n
n”The initial research was focused on the throughput and latency performance of blockchain technology, developing and evaluating models for different network architectures (including multi-tier architectures) and use cases.” Guidance and Best Practice Recommendations for Capacity Expansion ” .n
nHe said this is an exclusive cooperation.n
“So far, most of the blockchain research has focused on bitcoin, and other blockchain applications have gained less attention.” This sponsorship is the only currency for long-term scholarly research in the world. “n
Bitcoin and MITn
Dartone is not the only digital money project to work with colleges and universities. In the summer of 2015, the Massachusetts Institute of Technology launched the Digital Currency Initiative, screening out counterparts in a project that hires three full-time bitcoin developers. The move came after the collapse of the Bitcoin Foundation, which provides development funding. All MIT hiring money comes from external donations through the Digital Currency Initiative.n
In May 2016, MIT raised $ 900,000 for developer salaries. The end of last year, financing increased to 200 million. Nasdaq said the financing is very important.n
n”It seems that bitcoin development funding has always been a problem.”n
nAlthough some developers are willing, they also have the ability to work full time on open source projects such as Bitcoins for free; most of them are unwilling to do so. Therefore, project maintenance and advancement are in great need of funds.n
Different ways of financingn
Despite MIT’s ability to finance, altruism, which relies on others, has been an unstable program. Although most digital currency projects have been developed that depend on donations or ICOs, the DAT has chosen a different approach. Dart team development team wages using self-sufficiency of funds from the part of the block reward.n
Each month 10% of the block awards for successful financial advice. At the current market price, that is, financial advice that has been successfully adopted has direct access to 6,650 DATs of $ 5.8 million in the network. Dartmouth financial system to bear the cost of marketing, business development, project integration, conference sponsorship and many other expenses.n
More importantly, the DFS Finance System pays the monthly salary of the Dash Core development team. At present, the number of employees reaches 50, including 23 developers, 4 project managers, 8 marketing experts and 15 administrative staff. The sum of these people’s monthly salary is 300,000 US dollars, directly from the financial system of the D-currency. No donation at all, so no one needs to work for nothing.n
Affect the directionn
TDT community member “TanteStefana” wrote that when MIT sponsored the development of bitcoin, TEDA funded the ASU research laboratory. She said the impact was entirely different: Bitcoin, at least to some extent, relied on the willingness and financing of MIT. In other words, in theory, the university can influence the project.n
The cooperation between the Dstar and the ASU gives a different direction to the flow of capital and influence. The Darthouse funds ASU and universities can not exert any influence on the project.n
Matches welln
Dragan Boscovic, head of blockchain research at ASU, interviewed to explain why the D-Currency matched the university.n
n”First, the Dash Core team office is at SkySong Innovation Center, the ASU Scottsdale Innovation Center, where Blockchain Research is located, enabling a high level of interaction among TDU, ASU staff and students across multiple disciplines, including computers Science, engineering, business and law. Second, the focus of the ASU is to ‘develop problem solvers and entrepreneurs’ with a high R u0026 D budget. The breakthroughs in the algorithms, network topologies and services are the most innovative figures Monetary solution.This is natural for cooperation.Thirdly, there is a great demand for online education courses based on blockchain technology means and applications, which may help the blockchain find a faster path to rapid and mainstream applications. “n
nRegarding the differences between the D-Currency and other digital currency items, Boscovic said:n
n”This summer, after working with DST, we evaluated the potential for greater collaboration and the acceleration of scholarships, blockchains and research and innovation programs are seen as ways to move forward with blockchain applications, Network governance and the ability to execute self-financing strategies. “n

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