Hackathon Summary
The BTCfi Summer Hackathon, organized by Core DAO in 2024, concluded after a 12-week period. The hackathon aimed to drive innovation in the Bitcoin economy, engaging developers from the Web3 and BTCfi communities. A total of 291 developers participated, submitting 74 decentralized application projects (BUIDLs) on the Core platform. This initiative sought to reinforce Core’s role within the BTC space.
The hackathon commenced on June 6, 2024, featuring key activities such as the opening ceremony, application period, and a demo day on August 19, 2024. Winners were revealed on August 26, 2024. The event was supported by sponsors, including NLX, Halborn, TokenSoft, Verichains, and Request Finance.
Participants focused on developing unique applications that incorporated Core Chain technologies into their solutions. The event effectively expanded the Core ecosystem, enhancing developer engagement. The diversity and range of submitted projects underscored the event's successful execution and potential impact on future blockchain technology advancements.
Hackathon Winners
1st Place
Rune Bridge: This system facilitates integration between the Bitcoin and Core blockchains without requiring permission. It leverages EVM compatibility and a hybrid consensus model for scalability, consisting of a smart contract, off-chain relayer, and a factory ERC20 contract to manage tokens efficiently.
2nd Place
OnchainVampireSurvivors: A Web3 time survival game featuring a blockchain-based on-chain leaderboard and lottery. The project uses ThirdWeb for wallet access, prioritizes gas efficiency, and is developed using Cocos and Hardhat. Future enhancements 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 bolster Core Chain's security by implementing Observer Nodes and Merge Staking, promoting decentralization in monitoring and addressing commitment challenges. It seeks to integrate BTC with DeFi, enhancing CORE token utility and ensuring network integrity.
For a comprehensive overview of all submitted projects, visit the BTCFi Summer Hackathon 2024 page.
About the Organizer
Core DAO
Core DAO manages the Core Chain, a decentralized blockchain network with a focus on security and scalability. By integrating Bitcoin’s Proof of Work with the Satoshi Plus consensus system—a combination 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, enabling Bitcoin miners to participate and Bitcoin holders to stake without relinquishing custody. Core Chain supports high transaction throughput, is community-governed, and provides interoperability with other blockchains, utilizing Solidity for efficient smart contract development. The organization's mission centers on promoting decentralized application development secured by Bitcoin.