The coding phase of the 4th Bitcoin SV Hackathon is complete and the three finalists have been selected, with the winners set to be selected at the final judging round at CoinGeek New York, October 5-7, 2021. The three finalists will compete for a share of a USD $100,000 prize pool, paid in BSV – $50,000 for first place, $30,000 for second, and $20,000 for third – and the final placings will be determined by a combination of a final round judging panel and audience voting.
The 4th Bitcoin SV Hackathon is run by Bitcoin Association in partnership with leading enterprise blockchain research and development firm nChain, with sponsorship provided by digital currency conglomerate CoinGeek.
The theme for this year’s Hackathon is ‘peer-to-peer’ (P2P) applications, with competitors tasked with building an application or service on the BSV blockchain that leverages the recently released SPV Channels solution as well as the Merchant API (mAPI).
Due to the COVID-19 pandemic and the restrictions it places on the traditional Hackathon format, this year’s BSV Hackathon followed a similar extending coding round format to last year’s event. Entrants had a virtual coding round of six weeks to build more complete and viable applications based on the ‘peer-to-peer’ theme, and this year’s contestants impressed the judges with the quality of their submissions.
The continued success of this extending coding round format and the growth of the BSV Hackathon is reflected in the record-breaking performance of this year’s event.
A total of 623 people participated in the 4th BSV Hackathon, with 552 developers entering as solo contestants and 71 entering as part of a team. This is the highest number of developers to ever enter a BSV Hackathon event, showing impressive growth over last year’s 418 entrants.
The technical skills of these developers also showed great diversity, demonstrating the ability for developers to get involved in blockchain development regardless of the environment they are used to operating within. Of the 623 people who entered the competition, 144 were full-stack developers and 87 were entrepreneurs, with other groups comprising professions from data scientists and designers to back-end and mobile developers.
The virtual nature of the competition enabled participation by contestants across the world, as developers were able to easily submit entries online through the Hackathon platform. The countries most represented amongst entrants were the United States, the United Kingdom, Nigeria, India, and Brazil. Countries from every inhabited continent were represented within the Hackathon entries, demonstrating the widespread global interest in BSV and the growing blockchain industry.
The three final placings for the 4th BSV Hackathon will be announced on Thursday, October 7 – the final day of the CoinGeek New York conference. To check out the final presentations and see who goes home with first prize and $50,000 BSV, sign up to watch or attend the CoinGeek conference.