For 72 hours on Sep. 27-30, groups from all over the world will take part in a Easy Ledger Protocol (SLP) Digital Hackathon. Contributors will compete for $2,000 value of prizes by way of filing open supply code using the SLP framework. The Hackathon’s site main points that winners with cutting edge SLP token-based ideas may also be awarded the development’s nonfungible trophy tokens.
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The Easy Ledger Protocol Digital Hackathon
On the finish of the month, groups of creators will take part in a Easy Ledger Protocol Digital Hackathon (SLPVH). Over the past yr, the SLP token universe has grown immensely and there’s now a large number of supporting infrastructure like exchanges, wallets, and hundreds of tokens had been created. The Easy Ledger Protocol is a straightforward token gadget for the Bitcoin Money community permitting somebody to create tokens in a permissionless method. The 3-day match goals to high SLP innovation by way of offering an incentive for other people to compete and create innovative SLP ideas. SLPVH is subsidized by way of crypto organizations like Coinflex, Cryptophyl, Satoshi’s Angels, Sideshift.ai, Spicetoken, and Fountainhead. All of those teams had been concerned with the Easy Ledger Protocol in some shape and sit up for seeing the SLP ecosystem develop more potent.
“From September 27th 12 p.m. UTC till September 30th 12 p.m. UTC, groups from anyplace on this planet will compete to construct the freshest new SLP token software for the Bitcoin Money blockchain,” explains the slp.dev site. “Prizes will come with SLPVH-exclusive nonfungible trophy tokens and parts of the prize pool.” It provides:
Tasks should have all their code written within the 72 hours of the hackathon, however brainstorming previously is inspired. Code submitted for the hackathon will probably be made publicly to be had by way of Github.
‘We’ve Simplest Scratched the Floor so A long way on Bitcoin Money’
On Wednesday, information.Bitcoin.com spoke with SLPVH organizer Jt concerning the hackathon and were given some additional information. Jt is the writer of craft.money and the simpleledger.information explorer, and a co-maintainer of fountainhead.money, which runs BitDB, Bitsocket, SLPDB, and SLPSocket cases for builders. The blockchain engineer sought after to offer tool builders who’re new to the distance or haven’t examined the protocol but a a laugh strategy to learn to write SLP programs. “We’ve got constructed SLP comparable equipment as much as the purpose the place it is rather simple for other people to get began, so it’s the very best time to begin construction out precise programs,” Jt instructed our newsdesk. “SLPVH is an internet match the place folks or groups paintings to create some type of SLP comparable ‘hack,’” he added. “The purpose is to create some type of SLP comparable challenge, then on the finish, balloting will begin and other prizes will probably be given in line with the volume of votes.”
Jt remarked that members can create quite a few imaginable concepts like a balloting gadget, new wallets or techniques to switch tokens, tipping bots, and video games. “There’s a truly huge box to discover the usage of SLP and tokens typically and we’ve best scratched the skin thus far on Bitcoin Money — Something I’m truly hoping to look are some attention-grabbing programs of Cashscript and Spedn languages.” The BCH developer mentioned that the entire sponsors had been a big lend a hand, offering recommendation to verify the development is a good fortune and serving to to offer prizes. “The sponsors of the development are early-stage SLP corporations and most of the other people from those corporations are within the Telegram chat room,” Jt detailed. The developer additional clarified:
James Cramer, Kosinus, and John Moriarty, specifically, had been very useful in offering recommendation, steerage, and advertising help — James and I can be to be had within the chat to lend a hand other people with any questions.
A number of Leading edge Concepts and Assist From Skilled SLP Builders
We requested Jt his ideas on SLP tokens in comparison to tokens created on different blockchains and he defined that “SLP is excellent as it’s really easy to program and inexpensive to make use of.” “A large number of paintings has long past into holding them Easy and I feel it’s a super determination and purpose for SLP’s good fortune. For almost all of use circumstances, SLP and Script paintings, and for the entirety else you’ll be able to use Ethereum.” The hackathon organizers provide an explanation for that with a view to make the development obtainable, even to builders who will not be conversant in Bitcoin Money or SLP, the crowd will supply skilled SLP builders to be had for consulting within the crew chat on Telegram. The 3-day hackathon’s site additionally lists an collection of SLP token-based ideas for inspiration which incorporates concepts like:
- Onchain balloting for proposals.
- New strategies for shifting cash to pals.
- Merchandise which show off the frictionlessness of the BCH chain.
- SLP efficiency (a large number of SLP transactions).
- Token particular pockets.
- SLP tipping bot.
- NFT collectibles.
- Onchain video games.
Growing cutting edge ideas the usage of the SLP framework on most sensible of the BCH chain continues to excite BCH proponents. Regardless of the rising collection of equipment, assets, and initiatives already constructed round SLP, the ecosystem is solely getting began.
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