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On Thursday, the Thiel Foundation announced its 2014 fellowship recipients, one of whom was Ethereum founder Vitalik Buterin.
Development of the Ethereum project has gone very well over the months since inception. The core activity — development of the software platform — is on track and many developers around the world are starting to build small, exploratory distributed applications on the platform, even though we are still not yet in alpha release.
The fifth installment of the proof of concept series will be released soon, though many community members download the developing source code, compile it and use it on a regular basis for their various activities.
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