ZUG, Switzerland, June 14, 2021 /PRNewswire/ — Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the BSV blockchain, today announces that the coding round for the 4th Bitcoin SV Hackathon has officially commenced, with the competition period open until July 26.
One of the premier events in Bitcoin Association’s developer education programme, Bitcoin SV Hackathons are global coding competitions designed to challenge developers to both learn about the technical power of Bitcoin’s original protocol and innovate on the fly.
The theme for this iteration of the competition is ‘peer-to-peer’ applications – not just payments, but any type of application that involves direct interaction between participants on the Bitcoin network.
Following the success of the 3rd Bitcoin SV Hackathon, which extended the coding phase of the competition from 48 hours to 8 weeks and resulted in a record number of both participants and entries – with 418 people from 75 countries taking part and 42 final projects submitted for judging – this edition will once again feature an extended coding period.
One representative from each of the three finalists will be flown to present their submission live for final judging at the CoinGeek Conference expected in October 2021 .
“We’re extremely excited for the start of the 4th edition of our Bitcoin SV Hackathon today, which will challenge participants to leverage the unique peer-to-peer functionalities of the BSV blockchain and the massive scaling capabilities it facilitates.
I’ve always said that our role was to provide the infrastructure and for the ecosystem to find ways to leverage that – and with $100,000 staked for the winners of this competition, we’re literally putting our money where our mouth is.
Bitcoin Association is the Switzerland-based global industry organization that works to advance business on the Bitcoin SV blockchain.
More than a digital currency and blockchain, Bitcoin is also a network protocol; just like Internet protocol, it is the foundational rule set for an entire data network.