Are you ready for the 2nd virtual Bitcoin SV Hackathon?

The eagerly awaited second virtual Bitcoin SV Hackathon is edging ever closer. The event, which is sponsored by CoinGeek and run by nChain, takes place on August 17 and will bring together some of the world’s best developers as they collaborate to create the best applications on the BSV blockchain.

To participate, you have to complete and submit a simple web form on the Bitcoin Association website. Teams can participate in the event from any part of the world, with the entire hackathon taking place online.

Individuals and firms globally have been turning to blockchain technology rapidly in recent years as the technology continues to revolutionize many industries. This has led investors to seek the best blockchain startups, especially those built on the BSV blockchain. BSV is the most enterprise-friendly blockchain offering security, stability and scalability. With the recent Quasar protocol upgrade, BSV has cemented its position as the blockchain network of choice, with the block size cap increasing from 128MB to 2GB.

The Bitcoin SV Virtual Hackathon gives developers around the world the opportunity to not only test themselves against the best of the best, but also to land investors who can help them scale their applications for global use.

After the virtual hackathon, three finalists will be chosen and a representative from each will be flown to Seoul, South Korea, to present their application to investors during the CoinGeek conference on October 2. The overall winner will be determined by a panel of judges as well as the live audience.

In the inaugural Bitcoin SV Hackathon, UptimeSV was declared the winner, with the team walking away with 250 BSV. Developed by an Australian team, it provides uptime monitoring and distributed performance for its clients, ensuring them of robust, DDoS-hardened enterprise systems. UptimeSV allows any BSV user to install an application and earn BSV for participating in uptime test for the clients.

In second place was TonicPow, a P2P advertising platform that enables its users to monetize their sites and earn BSV directly from advertisers. It won 100 BSV. Polyglot, which emerged third and won 50 BSV, enables developers to interact with Metanet protocols through Python, enabling even new developers to build on the BSV blockchain.

Register for the 2nd Bitcoin SV virtual hackathon here.