We're doing our part to help build payment networks.
MAGIC provides infrastructure grants in support of public payment infrastructure. MAGIC is agnostic to specific cryptocurrency networks. MAGIC can support research, development, security testing, maintenance, and support for open, permissionless networks.
MAGIC's first infrastructure grant was issued to Dr. Sarang Noether for the integration of Bulletproofs+ in Monero. Bulletproofs+ are an example of an efficiency and security improvement that will benefit all users of the Monero cryptocurrency public payment network.
MAGIC hopes to expand this infrastructure grant offering to cover security audits and research.
MAGIC recently issued a $5,000 grant to implement Bulletproofs+ in Monero. We appreciate the generosity of donors who contributed to this effort!