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Cardano joins Linux Foundation as a ‘Gold’ member

Cardano joins Linux Foundation as a 'Gold' member

The nonprofit organization Cardano Foundation joined the Linux Foundation as a ‘Gold’ member.

📢 Big Announcement! The #CardanoFoundation has joined the @linuxfoundation as a Gold member to enable mass innovation through open source.

Read full article: https://t.co/zGEh0qommT #OpenSource pic.twitter.com/v7h2noAsC4

— Cardano Foundation (@Cardano_CF) June 22, 2022

Earlier on June 22, the Cardano Foundation CEO Dirk Hondel spoke at the Open Source Summit in Austin in a Q&A session with Linux founder Linus Torvalds.

“We believe that building a vibrant community around blockchain technology is key to its mass adoption. The Linux Foundation has the necessary competencies and experience collaborating with open-source technologies,” commented Hondel.

The Linux Foundation has three levels of membership: Silver, Gold and Platinum. Members at each level pay annual dues, which fund the organization’s budget.

The Gold level of membership предполагает annual dues of $100,000 and gives the member a potential path to a seat on the organization’s board of directors.

Founded in 2000, the Linux Foundation is the world’s leading platform for collaboration among open-source software developers, with projects supported by more than 1,800 participants.

Earlier it was announced that the Cardano team pushed back the Vasil hard fork to July. It is expected that the Vasil implementation will increase network throughput, reduce transaction costs and improve blockchain security.

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