Quote from: aspect on August 12, 2019, 07:37:31 AM

Following discussions over the past few weeks within the Bitcoin community in Israel and members of the Scaling Bitcoin Planning Committee, it has been decided that funds held by Ron Gross will be contributed to the Scaling Bitcoin event.

The established requirement is that roughly ~50% of these funds will be used for R&D stimulus, while the remaining ~50% will be contributed to the event budget. Since a large portion of Scaling sponsorships is used to provide for academic and developer subsidies, received funds allocated toward the budget will be prioritized to cover our subsidy and diversity efforts.

For the R&D stimulus, we will allocate 3.0 BTC for grants and form a grant committee that will award these funds to presenters at Scaling. The grant committee will establish the required criterion for the award recipients. Participants in the grant committee will be published at a later date on the Scaling Bitcoin website.

The only requirement we would like to set forth is that only the work that directly relates to and impacts the Bitcoin protocol or Bitcoin development qualifies as a recipient of these awards. This was the initial purpose of the donations collected, so this remains the priority.

Funds will be transferred in the coming days to 1V5Sbs6TghoaEJzoWkmsSGefNaAbhVdwY following which, 3 BTC will be parked at 3A8oxUi1XFoX9umM1VDD9ChPywMgG2kz22 pending the conference. The conference will take place on 11th and 12th of September 2019 at the Tel Aviv University and funds will be awarded on the 12th of September at the end of the conference. The award ceremony is scheduled to take place at approximately 17:55 IDT (UTC+3) but the conference schedule frequently drifts. For a more detailed schedule and related information please visit https://telaviv2019.scalingbitcoin.org#schedule

On behalf of the Bitcoin development community, we would like to thank Ron Gross for such generous contribution and in the coming weeks, we will be making sure these funds are used to produce the maximum impact on the Bitcoin community.

Best,

Anton Yemelyanov
On behalf of the Scaling Bitcoin Planning Committee

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

Receiving Address: 1V5Sbs6TghoaEJzoWkmsSGefNaAbhVdwY

===
Upon receipt, 3 BTC allocated toward R&D grants will be parked at 3A8oxUi1XFoX9umM1VDD9ChPywMgG2kz22
This message is signed with the address that will receive funds on behalf of the Scaling Bitcoin 2019 Planning Committee
Anton Yemelyanov / Chairman of the Scaling Bitcoin Planning Committee
https://keybase.io/aspectron PGP 20B0 E184 0CA0 E895
===
HxycmRJcgc/w9CYCfzP5/AxTINFSKLsMNl2ayRKBbi57Izg9u83C1alPf1Rh6p89YRHgQiUVGE9NLFA3YKvLZgs=

-----BEGIN PGP SIGNATURE-----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=4ndb
-----END PGP SIGNATURE-----

Confirmed. I will give a few days for additional feedback, and then transfer the funds.