The Bitcoin Association has officially announced and opened registration for its third BSV Hackathon competition for developers, with $100,000 in cash prizes (payable in Bitcoin SV) staked for the winners.
This year’s edition seeks to build on the success of the two previous competitions, as it partners with enterprise blockchain development firm nChain, as well as digital currency conglomerate CoinGeek to organize this third competition.
Jimmy Nguyen, Founding President of Bitcoin Association, commented: “It’s extremely exciting for Bitcoin Association to kick off our third BSV Hackathon, following months of work from our team planning for the competition.
“Developer training is a core element of Bitcoin Association’s work and the BSV Hackathons provide a fun opportunity for developers to test themselves and learn more about building applications on the Bitcoin SV blockchain, all the while competing for some serious BSV prizes.
“We encourage all developers – whether you have worked on other blockchain platforms or have no blockchain experience at all – to compete in this Hackathon and build with us on BSV.”
He added: “Past entrants have used the BSV Hackathon as a platform from which to build and develop not only innovative solutions, but real businesses – as finalists have the opportunity to be considered for investment if their projects can sustain a business venture.
“Now that Bitcoin SV’s Genesis upgrade has restored the original Bitcoin protocol and massive scaling continues on BSV, I’m looking forward to seeing what creative developers can build using the technical power inherent in the original Bitcoin and the massive scaling capabilities of BSV.”
Steve Shadders, CTO at nChain also stated on the competition: “The BSV Hackathons are a great point of entry for developers interested in developing blockchain applications.
“They’re an exciting time for us here at nChain too – we’ll once again be responsible for the technical elements of the competition, with our team providing support and development assistance throughout the competition.
“We’ve seen some excellent ideas come to fruition as a result of the first two BSV Hackathons and I’m sure that with the longer time frame for this third competition, we can expect many more to emerge this time around.”