The Bitcoin ecosystem continues to evolve, driven by innovation, community collaboration, and sustained investment in its foundational infrastructure. Today, a significant step forward has been taken with the announcement of a strategic grant to the 2140 Foundation, a nonprofit organization dedicated to advancing the long-term security, resilience, and maintainability of the Bitcoin network.
This funding supports the foundation’s multi-year mission to strengthen core Bitcoin development through consistent financial backing, developer enablement, and cross-community cooperation. As Bitcoin approaches greater institutional adoption and technological complexity, initiatives like this are critical to ensuring the network remains secure, decentralized, and future-ready.
Advancing Bitcoin’s Future at Bitcoin Amsterdam 2024
The grant was officially unveiled by Josie Baker, Co-Founder of the 2140 Foundation, during her keynote at Bitcoin Amsterdam 2024, held at Westergas in Amsterdam. The event brought together developers, entrepreneurs, and enthusiasts from across the globe to discuss the latest advancements in Bitcoin technology and its expanding role in the digital economy.
Bitcoin Amsterdam serves as more than just a conference—it's a catalyst for progress. By supporting this event as a sponsor and funding long-term development efforts, the commitment to fostering a robust and sustainable Bitcoin ecosystem is being reinforced.
👉 Discover how cutting-edge infrastructure is shaping Bitcoin’s next decade.
Empowering Dutch Users with Crypto Access and Incentives
In parallel with the grant announcement, a special incentive has been introduced for new users in the Netherlands. From October 7 to October 13—Bitcoin Amsterdam week—every new Dutch customer who trades at least €100 in cryptocurrency receives a €50 BTC signup bonus. This initiative aims to lower entry barriers and encourage broader participation in the digital asset economy.
Since launching its services in the Netherlands, the platform has enabled Dutch users to access:
- Spot trading for over 170 cryptocurrencies
- Convert services with 61 crypto-Euro trading pairs
- Instant and free Euro deposits and withdrawals via iDEAL and SEPA
- Full custody of digital assets through OKX Wallet, supporting more than 100 blockchain networks
These features reflect a deep integration into local financial infrastructure while providing seamless access to global onchain opportunities.
A Proven Track Record of Supporting Bitcoin Innovation
Supporting the 2140 Foundation is not an isolated effort—it's part of a broader, long-standing commitment to Bitcoin development. Since 2019, nearly $2 million in developer grants have been distributed globally, focusing on:
- Core protocol improvements
- Security audits and vulnerability research
- Developer tooling and documentation
- Adoption-driving applications and standards
One of the earliest adopters of the Lightning Network, the platform enabled faster and cheaper Bitcoin transactions years ago, demonstrating foresight in scaling solutions. More recently, support has extended to emerging Bitcoin innovations such as:
- Runes protocol – enabling fungible token issuance on Bitcoin
- Fractal Bitcoin – exploring scalable, onchain data storage
- Ordinals – reviving interest in Bitcoin’s inscription capabilities
These efforts are complemented by the Ordinals World Tour, a global initiative highlighting creative and technical uses of Bitcoin inscriptions.
Introducing OKX OS: Building the Onchain Future
At the heart of this ecosystem advancement is OKX OS, a comprehensive onchain infrastructure suite designed to empower builders and users within the Bitcoin economy. OKX OS provides:
- Developer tools for deploying Bitcoin-based applications
- Wallet integration for emerging protocols
- Real-time data indexing and transaction monitoring
- Support for multiple Bitcoin layer-2 and sidechain solutions
By creating accessible infrastructure, OKX OS lowers the barrier for developers to innovate on Bitcoin—ensuring that the network remains not only secure but also dynamic and adaptable.
👉 See how developers are building the next generation of Bitcoin applications.
Why Long-Term Bitcoin Development Matters
Bitcoin’s strength lies in its decentralization and immutability—but these qualities require constant vigilance. As the network grows, so do the challenges:
- Increasing transaction loads
- Rising computational demands
- Evolving security threats
- Fragmentation in developer coordination
Organizations like the 2140 Foundation play a crucial role in mitigating these risks by funding independent developers, sponsoring open-source projects, and promoting best practices in code maintenance and review.
Without sustained investment, critical but unglamorous work—such as bug fixes, testing frameworks, and documentation—can fall behind, creating vulnerabilities over time. This grant helps ensure that such foundational work continues uninterrupted.
Core Keywords Driving Bitcoin’s Growth
To align with user search intent and enhance discoverability, key themes woven throughout this article include:
- Bitcoin long-term security
- Bitcoin developer grants
- 2140 Foundation
- Bitcoin Amsterdam 2024
- OKX Wallet
- Lightning Network
- Runes protocol
- Fractal Bitcoin
These terms reflect both technical depth and growing public interest in Bitcoin’s evolution beyond simple currency use cases.
👉 Explore how next-gen protocols are expanding Bitcoin’s utility beyond transfers.
Frequently Asked Questions (FAQ)
Q: What is the 2140 Foundation?
A: The 2140 Foundation is a nonprofit organization focused on supporting long-term development of the Bitcoin network through funding, coordination, and advocacy for core contributors and open-source projects.
Q: Why is developer funding important for Bitcoin?
A: Unlike corporate-run platforms, Bitcoin relies on independent developers to maintain and improve its codebase. Financial support ensures they can dedicate time to critical tasks like security updates, testing, and protocol research without commercial pressure.
Q: What is the significance of the €50 BTC signup bonus?
A: The bonus encourages new users in the Netherlands to engage with crypto during Bitcoin Amsterdam week, promoting education, adoption, and hands-on experience with digital assets.
Q: How does OKX support emerging Bitcoin standards like Runes and Fractal Bitcoin?
A: Through wallet integration, developer tools in OKX OS, and participation in global outreach programs like the Ordinals World Tour, OKX provides infrastructure and visibility for next-generation Bitcoin protocols.
Q: Is the grant tied to any specific project or developer?
A: The grant supports the 2140 Foundation’s broader mission rather than a single project. It enables multi-year planning and flexible allocation toward high-impact areas in Bitcoin development.
Q: Can users outside the Netherlands participate in similar promotions?
A: While this particular offer is region-specific, OKX runs various global campaigns. Users should check local availability for current incentives.
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