After 48 hours of coding from August 17-19 and even more hours of preparation, the winners of the 2nd Bitcoin SV Virtual Hackathon were announced Tuesday. The theme of the second hackathon, organized by Bitcoin Association, focused on creating projects that would strongly encourage the new paradigm of earning and using Bitcoin SV (BSV). Participants were tasked to build applications that would allow inventive ways for ordinary users to use small amounts of BSV to gain value.
The hackathon reached its conclusion at the CoinGeek Seoul Conference, which is taking place from October 1-2. Three amazing projects were presented during Day 1 of the conference, and it was Codugh, led by Shashank Singhal and Andrew Snow, winning the US$20, 000 (paid in BSV) top prize. Hive took second place and US$10,000 in BSV, followed by BitQ&A in third place with US$5,000 in BSV.
Codugh is a solution designed to address a problem faced by all developers globally—a simple solution to monetize APIs. The platform connects API developers and API consumers, and each time a consumer makes a successful API call, they have to pay a microtransaction. This creates an unparalleled mechanism that encourages new developers to onboard into the BSV ecosystem.
Hive is a “beehive” that connects information added by individuals around the world. Every content node containing the information needs one or more linked nodes and for every link to a node, it has a dynamic cost. The users are notified when new content is added, and the information is fetched directly from the blockchain.
BitQ&A is an application where one can ask a question or answer the ones submitted by other people. Think Quora or StackOverflow with a Bitcoin-based incentive model. BitQ&A could be used as a general knowledge platform aimed at the general population, and also for specialized knowledge sites aimed at niche groups. A bounty is put on a question and payment is required to respond, so it encourages high-quality answers and alleviates spam. Answers are voted on and funds are distributed to the author of the best answer and previous voters.
The 2nd BSV Virtual Hackathon was a huge success and it will only encourage more developers and creators to build creative solutions that take advantage of the power of BSV scaling.
Catch the Day 2 livestream of the CoinGeek Seoul Conference here.
Toronto, Canada – Bitcoin Association, the leading global organization for Bitcoin business, announced the winners of the first ever Bitcoin SV (BSV) Hackathon. The final phase of competition, involving the top 3 finalists, was held last week in Toronto at the CoinGeek Conference. The expert panel of judges, along with a live vote from almost 400 audience members determined winning projects as follows:
1st place with a prize of 250 BSV – UptimeSV
2nd place with a prize of 100 BSV – TonicPow
3rd Place with a prize of 50 BSV- PolyGlot
[Given the significant recent increase in BSV price, as of June 4, the prize pool is now worth $90,000].
UptimeSV: Provides distributed performance and uptime monitoring for robust, DDoS-hardened enterprise systems that is, of course, powered by Bitcoin SV and enables anyone to earn BSV by installing an app and getting paid to participate in uptime tests for clients of the platform. UptimeSV was developed by an Australia-based team who go by the name of Demonstrandium led by Dean Little (captain) with Brent Bevear, and Jye Turner.
TonicPow: A peer to peer advertising platform enabling users to monetize their site and earn Bitcoin SV directly from advertisers who can also promote their product with ease or raise money with crowd funding “Tonics.” TonicPow was developed by a Canada-based team of Attila Aros (captain), Luke Rohenaz, and Austin Rappaport.
Polyglot: is designed to be Bitcoin SV’s most intuitive way to interact with a myriad of metanet protocols through python, thus smoothing to entry path for new developers to Bitcoin SV - it’s a match made in heaven. Polyglot was developed by a New Zealand-based developer is Hayden Joshua Donnelly, operating under username “AustEcon.”
These projects demonstrate the diverse array of enterprise applications that can be built on the BSV blockchain. The finalists were selected after a virtual competition held in early May, with 216 participants globally (competing as teams or individually). Their challenge was to develop a solution for BSV on-boarding issues, extending beyond on-boarding new users to the challenge of also on-boarding new developers to BSV.
But, naturally, the world keeps turning and the very word ‘developer’ means the momentum must never stop; so we would like to invite even more of you to CoinGeek Seoul, in the first week of October to find more solutions and create yet more business-friendly additions to the BSV blockchain. The only blockchain that can do it all and scales, now.
ABOUT BITCOIN ASSOCIATION: Bitcoin Association is the leading global organization for Bitcoin business. It brings together merchants, exchanges, application developers, enterprises, miners and others in the Bitcoin ecosystem to advance the business of Bitcoin. Bitcoin Association supports Bitcoin SV (BSV) as the original Bitcoin, with a stable protocol and scaling roadmap to become the world’s new money and global public blockchain for enterprise.
Founding President of the Bitcoin Association Jimmy Nguyen is back this week for another update on technical developments in the Bitcoin SV ecosystem. Bitcoin SV is rebirth of the original Bitcoin, finally unlocking the true power of Bitcoin’s original design, protocol, and Satoshi Vision.
As always, there’s been more rapid growth in the ecosystem. This week is still all about growth as Nguyen looks at existing companies applications that are expanding their business or services on BSV, including UNISOT, WeatherSV, and RelayX and Relay One.
Norwegian company UNISOT recently secured some investors in its seed round, including tech entrepreneur and founder of Ayre Media, Calvin Ayre. UNISOT is building a supply chain management solution on the Bitcoin SV blockchain. This solution leverages Bitcoin blockchain’s ability to act as the Universal Source of Truth, and BSV’s massive scaling capacity to support enterprise-level activity.
UNISOT plans to use digital tokens and a smart contract system with a BSV-based token as they deliver improved Enterprise Resource Planning (ERP) systems, with the addition of security and use of tokenization that BSV blockchain technology offers. Read more about UNISOT and its recent funding round here.
Meanwhile, the team behind Weather SV has also made a couple of announcements. First, in celebration of the almost 250 active weather channels, WeatherSV has committed to one year’s worth of channel funding, based on current fees, with each new activation.
Second, WeatherSV has also enabled a JSON API endpoint that is accessible from the blockchain. With this feature, users can now access the weather channel data from on-chain resources. Check it out here.
Jack Liu also relayed more good news for the Bitcoin SV ecosystem. The RelayX “Super Wallet” founder has announced Relay One, a simple button that allows online e-commerce, platforms and independent sites to accept payments from any local payment form that has been integrated in the Relay blockchain settlement network.
Jack explained in a Medium post how “The One button can easily be plugged into any website and appears just like any other payment method.” At launch, Relay will support payment forms including Bitcoin SV as well as WeChat Pay, and Alipay. Stay tuned because Relay will be opening private testing soon for interested merchants.
This week’s Satoshi shout-out goes out to the three finalists of the first ever Bitcoin SV Hackathon. Over 200 developers from 19 countries joined Bitcoin Association’s first ever virtual hackathon on BSV, and because the quality of the entries was so high, the judges named 14, rather than the originally expected 10, semi-finalists. From there, the entries were narrowed to the top 3: TonicPow, UptimeSV, and Polyglot.
Polyglot is designed to be Bitcoin SV’s most intuitive way to interact with a myriad of Metanet protocols through Python, while TonicPow enables peer to peer advertisements, allowing users to monetize their sites and earn BSV directly from advertisers, and UptimeSV is a distributed performance & uptime monitoring for robust, DDoS-hardened enterprise systems.
Watch The Bitcoin Vision: Episode 14.
While you’re at it, also check out the previous episodes of The Bitcoin Vision here.
Three individuals, Attila Aros, Luke Rohenaz and Austin Rappaport, saw the potential for huge, disruptive change in Bitcoin SV (BSV). Thanks to the first ever BSV Hackathon, they are now a team with an application, with all-expenses paid tickets to attend the CoinGeek Toronto scaling conference as competition finalists.
The TonicPow team joins Polygot and UptimeSV as the three finalists of the Bitcoin Association’s first ever BSV Hackathon. They got there by beating out over 200 entrants from 19 countries, and faced stiff, but friendly competition.
The three team members came to Bitcoin in very different ways. Aros always knew there was potential in it, and wants to achieve things with programmable money that haven’t been possible before. “My dream has been to build a profitable business that increases Bitcoin adoption,” he said. “I’ve learned recently that Bitcoin has more than everything needed for massive scale and the potential is limited by only my imagination.”
Rohenaz (a.k.a Satchmo) fell in love with Bitcoin early, but was unimpressed with its constrained block sizes. That changed when Bitcoin was finally allowed to start scaling again. “I had a lot of ideas, but the network wouldn’t allow for the things I had in mind at that time,” he explained. “It wasn’t until after the first fork that I really dove into building on Bitcoin. A lot has changed since then, and BSV is now in a place where those crazy Ideas are beginning to come to life. It’s amazing to finally see it happening and I’m happy to be a part of it.”
Rappaport (a.k.a. MrZ) wasn’t impressed at all by Bitcoin originally, but then he realized that Bitcoin wasn’t the problem. “After lots of research I realized that I wasn’t a fan of Bitcoin Core,” he explained. “In the past months since the necessary BSV fork, there’s been a plethora of development in Bitcoin, more than many other chains. My personal mission is to help people in poverty create and own value easily using the rudimentary tools they already have.”
They weren’t a team before the Hackathon was announced. Rappaport and Rohenaz were on the same engineering team, and Aros had collaborated with Rohenaz on a few projects. When the competition was announced, they agreed to form a team of three and start planning TonicPow.
TonicPow disrupts internet advertising in a way that was previously impossible, but is quite easy to understand. “TonicPow is a peer to peer advertising platform that allows you to earn Bitcoin with your website,” Aros explains. “A website owner reserves a spot on their website by embedding a line of code. Advertisers can then pay to book a spot to display an ad to promote their product or service.”
This provides an easy to use service for advertisers, a profit stream of websites, and achieves the onboarding goal of the hackathon by making BSV implementation easier for website developers. “Our ultimate goal is to create a better advertising network that is more open, transparent and profitable than the legacy advertising systems,” said Aros.
These Tonics are easily implemented, and an easy pitch as well. Aros offered the following pitch:
“Earn Bitcoin (SV) directly with your website. Embed one line of code into your website and allow advertisers to promote their product or service in exchange for paying you in Bitcoin.
“With TonicPow, a website owner can get started in a couple of minutes and start receiving Bitcoin payments immediately.”
They weren’t the only finalist though, and they were impressed by the work of many other projects in the competition. “We were excited to see MetaVibe,” the team said. “It is similar to a concept we had talked about when developing MAP protocol, so it was really cool to see that one and they did a great job with it. “
They were also excited to see UptimeSV, the crowd computing application. “It provides a simple and powerful way for people to earn Bitcoin by contributing their computer’s network resources,” they explained.
The team also has the All Aboard BSV onboarding site. “Developers can create private Bitcoin “faucets”, which are pools of funds that can be tapped to write transactions on behalf of the user,” he explained. “The user doesn’t even need to know they are using Bitcoin. MetaLens was created as a demo to showcase the power of the faucet API. Users can interact with Metalens for free because it is backed by a faucet.”
The team doesn’t plan to waste their finalist prize; whatever they win, it will be re-invested quickly. “We have an aggressive roadmap and this helps us bootstrap the next phase of the roadmap,” Aros said. “The old advertising model is ready for disruption and we are working towards our vision to make it a reality.”
They’ll find out what the finalist judges think of their work at the CoinGeek Toronto scaling conference, held at the Carlu in Toronto between May 29 and 30. Registering will get you into the crowd that helps decide the hackathon grand prize, and you’ll also get to attend a historic Fireside chat with Bitcoin Association Founding President Jimmy Nguyen and Satoshi Nakamoto himself, Dr. Craig Wright.
All Hayden Joshua Donnelly wanted to do was have a bit of fun, and also kick off an idea he had in mind. Now, he’s flying to Toronto to present his project—Polyglot—for the ultimate judging at the CoinGeek Toronto scaling conference on May 30.
The New Zealand-based developer, who goes by the user name “AustEcon,” is among the over 200 developers from 19 countries that joined Bitcoin Association’s first ever Bitcoin SV (BSV) Hackathon, a virtual hackathon on BSV. The quality of entries was so high that the judges named 14, rather than the originally expected 10, semi-finalists, and from there, the entries were narrowed to the top 3: TonicPow, UptimeSV, and Polyglot.
Polyglot is designed to be Bitcoin SV’s most intuitive way to interact with a myriad of Metanet protocols through Python, smoothing the entry path for new developers to BSV. Donnelly tells CoinGeek:
“Polyglot takes all of the awesome and synergistic protocols on top of the Bitcoin platform and makes it as easy as possible to interface with them. My hope is to attract new developers but also everyday people into this space by giving them the tools to harness the full power of the Metanet for their own creations and everyday life.”
Donnelly first learned of Bitcoin in 2012, rediscovered it “for what it really is” after he immersed himself in the Austrian economics, and has been hooked since then. He also started dabbling in Python programming in 2014 as a creative outlet, contributing to an open source project called bitcash before taking up the reins with the BitSV project, which is a simple library for python “that does all of the ‘bread and butter’ Bitcoin transaction stuff.” For the BSV Hackathon, which was held on May 4-5, AustEcon entered as an individual “for a bit of fun and to kick off an idea I had in mind.” The rest, as they say, is history—in the making.
Polyglot, along with the two other finalists, will have the opportunity to present at the CoinGeek Toronto conference. They will be judged by four expert judges, plus a vote by the entire conference audience.
Donnelly said, “It took me about two days to calm down after hearing that I’d be flying to Toronto (from New Zealand) to be in the presence of so many of my personal heroes and inspirational figures as well as meeting all the amazing people I’ve connected with online over the past few years. It’s a dream come true and I can’t wait to meet all of you.”
Of the other projects, Donnelly said he is interested in peer-to-peer advertising platform TonicPow, which he thinks he can use in the future for a non-Bitcoin related project he had in mind. According to the developer, TonicPow has “a crisp, clean design and an easy way to monetize a webpage.”
The winner of the BSV Hackathon will be announced at the conference’s end, with first place winning 250 BSV, second place 100 BSV, and third place 50 BSV. The finalists will also have the chance to be considered for investment by technology entrepreneur Calvin Ayre, founder of Ayre Media.
If he wins, Donnelly said he plans on giving a token of appreciation several groups—and maybe take a tour around Toronto.
“If I win, I would like to give a token of my appreciation to some of the contributors to the bitsv library. I really appreciate those guys as a sounding board and to fill gaps in my knowledge. We’ve had some great discussion lately about getting bitsv to a production version release,” the developer said. “I’d also like to take a bit of a tour around Toronto and shout my colleagues in New Zealand something nice for covering me at such short notice to get here to Toronto.”
The virtual hackathon is a lead-up to popular Bitcoin event, the CoinGeek Conference, taking place in Toronto for a two-day happening at The Carlu on May 29-30. Get your tickets today by registering online. Aside from the hackathon, there will be many exciting developments on the BSV ecosystem that you won’t want to miss.
The excitement continues this week as Bitcoin SV (BSV) stays on track to its roadmap of massive on-chain scaling towards becoming the world’s new money. Jimmy Nguyen, the Founding President of the Bitcoin Association, is back this week for another episode of The Bitcoin Vision after traveling around the world talking to people about BSV as the CoinGeek Conference approaches.
The week kicked off with Bitcoin Association’s first-ever BSV Hackathon that brought together 19 countries from all over the globe. The Hackathon ran for 48 hours straight from May 4 to May 5. In total, 216 people signed up to participate in the event. From this number, 122 competed as individuals while the other joined to form 42 teams. The theme of the Hackathon was the onboarding problem with the twist, “Onboarding isn’t about just solving things for users to get to BSV; it’s about making life easier to onboarding new developers to BSV as well.”
The preliminary judging of the Hackathon will select shortlisted candidates who will compete in the semi-final competition. From the semi-finals, the three- grand finalists will be chosen. A representative from each group will be flown to Toronto, Canada, to present their solution on May 30 at the CoinGeek scaling conference. A panel of judges, including the live audience, will choose the final winner. Learn more about the BSV Hackathon here.
Meanwhile, a new application called Agora is here to help users understand how best they can use the BSV blockchain. Agora is a prototype Alpha release that allows users to design home page on the blockchain, add and list apps like wallets, social media channels, and even start a business. Agora is working to be the start point for adopters to see how the BSV platform could help their day-to-day lives. Agora will soon be available on-chain on the BSV blockchain.
Blockchain enthusiasts can now explore the Blockchain using 9knodes. 9knodes is a 2D block explorer that provides node statistics in a graph format. Through 9knodes, people can view transaction history and track other activities on the blockchain.
Watch The Bitcoin Vision: Episode 13.
Click here to watch the previous episodes of The Bitcoin Vision here.