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The Ethereum Foundation awards a research grant to Columbia and Yale universities in order to compile a new smart contract programming language into the Ethereum Virtual Machine (EVM).
The announcement was made in a press release shared with Cointelegraph on March 6. A smart contract R&D project called DeepSea, will be the beneficiary of the grant. The project is spearheaded by Professor Ronghui Gu, an assistant professor of computer science at Columbia in collaboration with researchers at Yale.
Gu is also the co-founder of blockchain security firm CertiK and one of the participants in the project that raised “several million” in a funding round led by Binance Labs last October.
Part of the foundation’s fifth wave financing, this new grant is under the aegis of the Ethereum Foundation Grants Program. The programme is devoted to supporting Eth...
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