The nonprofit Cardano Foundation has joined the Linux Foundation as a gold member.
On June 22, Cardano Foundation CEO Dirk Hondel spoke at the Open Source Summit in Austin. Question answer– Sessions with Linux creator Linus Torvalds.
“We believe building a vibrant community around blockchain technology is key to its mainstream adoption. The Linux Foundation has the competencies and experience to collaborate with interesting open source technologies,” said Hondel.
The Linux Foundation has three membership levels: silver, gold, and platinum. Members at all levels pay an annual fee that contributes to the organization’s budget.
The Gold membership level includes contributions of $100,000 per year and gives the member the potential to earn a seat on the organization’s board of directors.
Founded in 2000, the Linux Foundation is the world’s leading collaboration platform for open source software developers, with over 1,800 contributors supporting their projects.
It was previously known that the Cardano team postponed the Vasil hard fork to July. The implementation of Vasil is expected to increase network throughput, reduce transaction costs and improve blockchain security.
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Source: Fork Log
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