Hackathon Overview
BTCfi Summer Hackathon is a 12-week hackathon organized by CoreDAO in the summer of 2024. The event aims to promote innovation in the Bitcoin economy and has attracted developers from the Web3 and BTCfi communities. A total of 291 developers participated, submitting 74 decentralized application projects (BUIDLs) to the Core platform. This initiative aims to strengthen Core's role in the BTC space.
The hackathon started on June 6, 2024, and included an opening ceremony, an application period, and a demo day on August 19, 2024. Winners were announced on August 26, 2024. Sponsors such as NLX, Halborn, TokenSoft, Verichains, and Request Finance provided support.
Participants focused on developing unique applications that integrate Core chain technology into their solutions. The event effectively expanded the Core ecosystem and enhanced developer engagement. The diversity and scope of the submitted projects highlighted the successful implementation of the event and its potential impact on future advancements in blockchain technology.
Hackathon Awarded Projects
1st Place: Rune Bridge: This system enables permissionless integration between the Bitcoin and Core blockchains. It leverages EVM compatibility and a hybrid consensus model for scalability, consisting of smart contracts, off-chain relayers, and a factory ERC20 contract for efficient token management.
2nd Place: OnchainVampireSurvivors: This is a Web3 time survival game featuring a blockchain-based on-chain leaderboard and lottery functionality. The project uses ThirdWeb for wallet access, focuses on gas efficiency, and is developed using Cocos and Hardhat. Future enhancement plans include AI assets and deployment on the Core mainnet.
3rd Place: b14g Network - Enhancing Decentralization and Security on Core Chain with b14g: This project aims to enhance the security of the Core Chain by implementing observer nodes and merged staking, promoting the decentralization of monitoring and addressing commitment issues. It aims to integrate BTC with DeFi, enhance the utility of CORE tokens, and ensure the integrity of the network.
For a comprehensive overview of all submitted projects, please visit the BTCFi Summer Hackathon 2024 page.
About the Organizer
CoreDAO
Core DAO manages Core Chain, a decentralized blockchain network focused on security and scalability. By combining Bitcoin's proof of work with the Satoshi Plus consensus system (a mix of delegated proof of work and delegated proof of stake), Core DAO aims to enhance decentralization and security. The platform offers Ethereum Virtual Machine compatibility, allowing Bitcoin miners to participate while Bitcoin holders can stake without relinquishing custody. Core Chain supports high transaction throughput, is community-managed, and provides interoperability with other blockchains, using Solidity for efficient smart contract development. The organization's mission is to promote the development of decentralized applications protected by Bitcoin.
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