BSV Update: June 2020

Alex Speirs 150 x 150
By Alex Speirs Published: June 1, 2020
BSV Update

Notes from the Founding President: Jimmy Nguyen

Greetings to everyone in the Bitcoin Association community.

It’s been a busy month for us here at Bitcoin Association. Like many of you, we’ve adjusted to working from isolation – which of course has both its positives and drawbacks. But one thing it has given us is the opportunity to quietly get some substantial behind-the scenes work completed – which includes making great strides with a number of initiatives in our Bitcoin SV developer program.

Our Bitcoin SV developer program is a key area of focus for Bitcoin Association in 2020 and beyond. It’s one thing to have the superior technology and powerful platform that Bitcoin SV provides, but without the experienced developers – and over time, a new class of Bitcoin script engineers – to build on it, Bitcoin will not live up to its enormous potential. That’s why we have been working hard to assemble a comprehensive program to provide opportunities and resources for developers to learn about Bitcoin SV and how to build on it.

Stay tuned as we roll out initiatives from our developer program throughout 2020.

One of our key developer initiatives – the BSV Hackathon  – is back for 2020, with registrations now open and $100,000 BSV staked for the winners.  Our Hackathons challenge developers around the world to build creative applications that leverage Bitcoin SV’s unique advantages – namely its micropayments ability and data capabilities. With so many of us working from home, we’ve extended the coding phase of the virtual competition to last 2 months (rather than over a single weekend), giving competitors even more time to develop a more thorough submission and wow the judges – all for a chance to be one of three finalists to present their project at the CoinGeek New York conference (anticipated to be in October).  More on the Hackathon below.

In this update, we also provide information about:

  • Our first BSV DevCon – to be hosted virtually this July
  • Our first series of Bitcoin education webinars
  • Bitcoin SV meetups going virtual
  • Kronoverse closing deals and making headlines in the eSports space
  • More venture investments across the Bitcoin SV ecosystem
  • A profile of Alex Agut from HandCash – Bitcoin Association’s ambassador for Spain

While we are all missing seeing each other in person, I hope you will join us in using this time to be extra productive, and build even more on Bitcoin SV. As for me, I’ve been enjoying a much-needed break from the past few years of extensive global travel, and have focused on behind-the-scenes work to make Bitcoin Association and BSV stronger than ever.

Until next time, take care, be safe and believe in Satoshi Vision.


Jimmy Nguyen

Founding President
Bitcoin Association


Registrations open for 3rd BSV Hackathon

Last week, Bitcoin Association officially announced that registration was open for the third BSV Hackathon competition for developers, once again with $100,000 in cash prizes (payable in Bitcoin SV) up for grabs.

For those that haven’t entered before, BSV Hackathons are global coding competitions for developers. Within a set frame, entrants (which can be individuals or teams) are tasked with developing an application on the Bitcoin SV blockchain within the parameters of an overarching theme announced at the commencement of the competition.

This 3rd iteration of the BSV Hackathon will look a little different from past editions. As with prior competitions, there will be a virtual competition period, but it will last almost two months rather than just over one weekend. The virtual competition commences on June 23 and ends August 18.

Registration is free and open now – but you can sign up any time before the submission deadline, just make sure your project is submitted by August 18 to be eligible for the $100,000 in prizes.

Plus, with expert support provided throughout the competition by our partners, nChain – there’s never been a better time to take part. Just make sure you’re registered to be able to access the platform and collaborate with the Bitcoin Association and nChain teams, as well as your fellow entrants.

Visit the BSV Hackathon website now to find out more.


Bitcoin education webinars off to a strong start 

Over the past two months, Bitcoin Association has made its first (of many to come) forays into digital education, with its series of Bitcoin SV Webinars. Expert scientists and engineers from nChain presented on topics that spanned the world of Bitcoin, from provably fair gaming through to the BSV application layer.

As we plan further initiatives in this space, for those that took part, we’d love to hear your feedback. And if you missed out, stay tuned to the Bitcoin Association website, where an archive of the presentations, as well as a host of other resources, will be coming online in the near future.


Update on BSV DevCon 2020

Bitcoin Association is preparing to release a host of information about the upcoming BSV DevCon 2020 later this month. Originally planned to take place in San Francisco in June, the DevCon will now be hosted solely online, but will still feature the same comprehensive curriculum and top-flight speakers planned for the in-person event.

Bitcoin Association will be working together with WeAreDevelopers to host the virtual DevCon. To stay up to date with all news and information, register your interest today at the BSV DevCon website.


Online Bitcoin SV Meet-Ups this month

 With the current situation globally precluding the possibility of Bitcoin Association continuing its popular Bitcoin SV Meet-ups in-person, the team have partnered with local leaders from across the ecosystem to host virtual versions – with last month’s SF+LON a successful proof of concept.

This month, Bitcoin Association is helping to host two more online meet-ups:

The beauty of online meetups is of course that no matter where in the world you are, you can join in. So sign up, get involved and meet some of your fellow BItcoiners from all corners of the globe.


Kronoverse closing deals and making headlines

eSports gaming platform Kronoverse capped off a busy month of May when they announced that they had closed a funding round with Persimmon Hill and Calvin Ayre, providing further growth capital as anticipation for the release of their CryptoFights flagship title grows.

The news followed Kronoverse moving the entirety of their operations to the Bitcoin SV blockchain, having previously used the Ethereum-based Enjin token to underpin some of their services.

Read more about the Kronoverse platform in the Bitcoin Association case study.


Venture investments closing across the Bitcoin SV ecosystem

Prominent BSV investor Calvin Ayre made news in May with the announcement that he was the latest investor to take a stake in True Reviews, a crowd-sourced reviews platform built on the Bitcoin SV blockchain, which incentivizes transparency and high-quality content through micropayments.

For those needing to acquire BSV to use in apps like True Reviews, popular onramp expanded their active jurisdictions in May to include India and Hong Kong, as well as two more US States, Iowa and Arizona.


Bitcoin Association Ambassador Profile: Alex Agut – Spain

Bitcoin Association released the second in its Ambassador Profile series, this time highlighting the journey and projects of Spanish representative Alex Agut. The CEO of HandCash shared his philosophy for developing applications, as well as some of the lessons he’s learned along his entrepreneurial journey.

‘We need to make Bitcoin accessible for both developers and users. There is so much potential for Bitcoin. I think it can lead to a much more connected world than we have today. Right now, we are always connected with our phones, but it is what I would say is mechanical – you have to actually trigger things. But in a world with Bitcoin, you can imagine having rewards and everything that you do having value – you’re being paid and paying for things simultaneously.’

Watch the video below and read the full interview on the Bitcoin Association website.