Bolt-a-thon Events Hackathon

The Bolt-A-Thon Sequel to Spark Lightning Innovation


From December 6 to eight, 2019, the second version of the Bolt-A-Thon will happen within the pure habitat of Bitcoin and the Lightning Network — the web. The Lightning-centered hackathon and convention is a follow-up to the inaugural occasion in April 2019, the place many artistic concepts had been introduced and plenty of Lightning-focused initiatives made tangible progress — as an example, after the multi-platform funds service Bottle Pay received the Bolt-A-Thon, it went on to lift $2 million to spice up improvement.

Speakers on the occasion, who will likely be making their displays by way of livestream, embrace Lightning Labs Infrastructure Lead Alex Bosworth, Blockstream researchers Christian Decker and Rusty Russel and c-lightning developer Lisa Neigut.

A Decentralized, Inclusive Conference Fit for the Technology

For a participation payment of solely 100,000 satoshis (about $8.30), Lightning fanatics from all all over the world can buy single-session tickets to look at these displays by way of Zoom. The occasion has eight classes (one for every speaker), so the overall value of watching all displays will quantity to 800,000 satoshis. The occasion’s ticket web page permits attendees to decide on classes individually.

In the true spirit of the Lightning Network, signup solely requires cost to generate a participation code used to hitch the livestreams, with the choice to submit an e mail handle as properly. There is not any obligatory KYC course of, no requirement to make use of an actual identify and no solution to discriminate amongst potential members. The worth is low sufficient to encourage fanatics from all all over the world to be taught extra and interact with the Lightning neighborhood.

“Our purpose right here is to supply a substitute for bodily conferences,” Bolt-A-Thon co-founder Andrew Yang informed Bitcoin Magazine. “I’ve witnessed conditions the place tickets had been very costly, and I additionally needed to take note of housing and journey prices — these had been often costlier than the ticket. The Bolt-A-Thon permits folks from all around the world to take part both by making a Lightning undertaking or attending classes.”

Building Innovation at Bolt-A-Thon

Participants within the hackathon might want to pay simply 100 satoshis (about $0.0083) and likewise show that they’re operating a Lightning node. In the ultimate day of the occasion, they should make five-minute displays about their initiatives and vote for the members whose work they take into account to be revolutionary and sport altering. Criteria for excellence embrace theme adherence (should use the Lightning Network for funds), applicability as a real-world use case (the sensible dimension) and “wow” issue (a side that will woo mainstream audiences and unfold adoption).

The successful efforts will likely be awarded with prizes that quantity to 0.45 BTC: 0.2 BTC for first place, 0.15 BTC for second place and 0.1 BTC for third place. Furthermore, the hackathon might function a platform for attention-grabbing initiatives to safe exterior funding from buyers and corporations excited by innovation — as Bottle Pay did.

The decentralized and merit-based nature of the occasion implies that an innovation from wherever on this planet might obtain a highlight.

“During the primary convention, we had attendees from Brazil, South Africa, Thailand, Spain, Argentina, Nigeria and the U.S.,” Yang mentioned. “Bitcoin occasions, displays and hackathon alternatives shouldn’t simply be for the first-world nations. Bitcoin is for the entire world and that’s why we expect making it digital permits us to succeed in and foster the worldwide improvement of Bitcoin and Lightning.”

Source link


Leave a Comment

Your email address will not be published.

You may also like

Bitcoin cryptocurrency exchange derivatives financial derivatives okex Tradings

Cryptocurrency Exchange OKEx to Launch Options Trading This Month


Malta-based cryptocurrency change OKEx introduced that it’ll launch crypto choices buying and selling on Dec. 27.

In a press launch on Dec. 9, the change stated that the addition of choices makes OKEx the “first crypto change to supply C2C, spot, futures, perpetual swap, and choices buying and selling underneath the identical roof.” 

The choices will enable the platform’s customers to purchase or promote an underlying asset after paying a premium. While actual choices buying and selling will start on Dec. 27, simulated buying and selling is scheduled to start out in simply three days, on Dec. 12.

A significant improve for OKEx

To implement choices, the agency reportedly upgraded its complete system and infrastructure, together with the addition of an anti-price manipulation system.

The possibility worth is set in real-time by using the Black-Scholes pricing mannequin, which considers volatility, possibility sort, underlying asset worth, time, strike worth…

View More Article
Crypto Ethereum News

Ethereum Developers Are Creating a Revolutionary Open Financial System: Report



To fight failing fiscal insurance policies, foreign money manipulation and a shadow banking system that continues to feed fee-grabbing monetary intermediaries, Ethereum builders are constructing instruments that reimagine how cash flows and the way monetary providers are offered.

In a brand new weblog publish entitled, “2019 Was The Year of DeFi (and Why 2020 Will be Too),” Mason Nystrom, content material marketer on the Ethereum incubator ConsenSys, explains the principle targets of decentralized finance and the Ethereum builders who launched new and authentic options that made DeFi the most well liked motion in crypto in 2019.

Writes Nystrom,

“The present monetary system is comprised of walled gardens with restricted transferability or two-way entry. Where interoperability is feasible, it’s managed by middlemen and rent-seekers. Open finance is outlined by platforms that may work along with a level of transparency with capabilities that complement each other.”

Ethereum is enabling interoperability, programmability and…

View More Article
Bitcoin Cryptocurrencies Denmark money laundering

No More Bitcoin for Nordea Bank Employees, Experts Question the Motive


An act of paternalism or a case of generic Bitcoin (BTC) mistrust? It is tough to make out the precise causes for Nordea Bank’s ban on its 31,500 staff buying and selling in Bitcoin or different cryptocurrencies — even on their very own time — a prohibition that was upheld on Dec. 2 by a Danish courtroom.

In a press launch posted by the courtroom following its ruling, Nordea Bank famous that, “Employees are permitted to maintain any current [crypto] holdings,” although it added that they had been inspired to promote them.

As reported by Cointelegraph, Denmark’s finance trade union, Finansforbundet, introduced a class-action lawsuit in opposition to Nordea’s cryptocurrency prohibition in 2018 on the grounds that the ban interfered with staff’ private lives. It seems that the financial institution, the biggest monetary group within the Nordic international locations (Denmark, Finland, Iceland, Norway…

View More Article
Bitcoin Bitcoin price Market analysis

Sorry — But Bitcoin Can Still Drop to $2.7K While Everyone’s Bullish


As the Bitcoin worth (BTC) begins to slowly ascend, the query on everybody’s minds is whether or not the most recent backside is in, or whether or not there’s extra ache forward.  

In this text, I’ll goal to supply some perception as to what one can count on based mostly on the data from the charts. 

Daily crypto market performance

Daily crypto market efficiency. Source:

Lower CME hole to be stuffed

BITCOIN CME futures daily chart

BITCOIN CME futures day by day chart. Source: TradingView

In final week’s evaluation, I identified that the CME hole was larger than the weekend worth, 7% larger in reality, and as anticipated this hole was stuffed on Dec. four as a $560 candle appeared out of nowhere…

View More Article
Altcoin Blockchain Cryptocurrencies cryptocurrency exchange Ethereum Hard Fork

Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges


Following the profitable Ethereum Istanbul laborious fork replace, a number of in style exchanges have introduced their official assist for the community improve.

Yesterday, on Dec. 7, the Ethereum’s community noticed ample collaboration between node operators and miners to replace the software program to assist the Istanbul laborious fork.

Some crypto exchanges even sounded their willingness to replace just a few days previous to the scheduled laborious fork.

A extensively supported laborious fork

Notably, Binance introduced assist for the improve on Dec. 5 and the day afterwards its U.S. subsidiary did the identical. Coinbase additionally tweeted yesterday that Ethereum and ERC20 deposits and withdrawals have been resumed on its buying and selling platforms and the node improve has been accomplished.

The web site devoted to reporting the state of Ethereum assist of crypto change Kraken additionally means that…

View More Article
Bitcoin BTC grayscale Millennials News

Millennials Opting for Bitcoin Investment Over Netflix and Disney, Reports Charles Schwab



Millennials would fairly have publicity to Bitcoin than spend money on Netflix or Disney, in line with the lastest evaluation from Charles Schwab.

A brand new report from the funding large exhibits Millennials are opting to purchase Grayscale’s Bitcoin Trust, which is backed by BTC, as a substitute of shares of Microsoft, Walt Disney, Netflix or Warren Buffett’s Berkshire Hathaway.

The report additionally exhibits Millennials specifically are allocating a bigger portion of their funding portfolios to money and exchange-traded-funds (ETFs) in comparison with different buyers.

Mutual funds and Apple shares proceed to make up the most important holding within the accounts of all age teams, Charles Schwab reveals. 

“SDBAs are brokerage accounts inside retirement plans, together with 401(ok) and different varieties of retirement plans, which members can use to spend money on shares, bonds, ETFs, mutual funds and…

View More Article