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The Ethereum Foundation’s 1TS initiative is providing a grant to Freedom of the Press Foundation to support the continued development of the open source tool WEBCAT.
The Ethereum Foundation’s Trillion Dollar Security (1TS) initiative is proud to announce a grant allocation to Freedom of the Press Foundation (FPF) to support the continued development of WEBCAT. WEBCAT is an open source tool that lets browsers verify that code served by an enrolled website matches what its developers...
The Ethereum Foundation’s Trillion Dollar Security (1TS) initiative announced a grant allocation to Freedom of the Press Foundation (FPF).
The grant is intended to support the continued development of WEBCAT.
WEBCAT is described as an open source tool.
The source states that WEBCAT lets browsers verify that code served by an enrolled website matches what its developers...; however, the sentence is truncated in the evidence text.
The following is analysis, separate from reported facts. Verify important claims independently.
This evidence is a grant announcement: the Ethereum Foundation’s Trillion Dollar Security (1TS) initiative announced that it was allocating a grant to Freedom of the Press Foundation (FPF) to support the continued development of a project called WEBCAT. The announcement also states that WEBCAT is an open source tool that enables browsers to check whether the code served by an enrolled website matches the developers’ version. Note that “Trillion Dollar” is part of the initiative’s name; the evidence does not provide a specific grant amount. “1TS” is an abbreviation for Trillion Dollar Security.
It indicates that an Ethereum ecosystem-related initiative is providing financial support for the security area of browser-verifiable website code. For beginners, this is an example of how an open source security tool can receive funding and highlights website code integrity and browser verification as areas of interest.
This can be understood as one organization providing funding to help another organization continue developing an open source tool whose goal is to let people verify that code on a webpage has not been altered. It is useful for understanding the relationship between funding, open source projects, and security tools, but should not be treated as investment advice.
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View glossary →A nonprofit organization that supports the development, education, and community collaboration of Ethereum and related technologies; it is not a central authority controlling Ethereum.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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