Interested parties are reminded that this is their last chance to apply for the BSV Zero-Knowledge Hackathon.
The hackathon, which is being held by the BSV Blockchain Association in partnership with sCrypt, is aimed at encouraging developers to build new applications using zero-knowledge proofs (ZKPs) while growing the BSV community.
Round 1 of the hackathon will run from November 2 to December 2, with limited time left to apply. The hackathon is open to all developers over the legal age of majority in all regions, excluding standard exceptions. We invite people meeting the following criteria to consider signing up:
- Developers who are already coding on the BSV blockchain;
- Developers who are coding on a different blockchain;
- Non-blockchain developers who have a keen interest in BSV.
However, the hackathon is best suited for people looking to challenge themselves and use their skills towards a new application with the potential to grow and become a business case.
What is a Zero-Knowledge Proof, or ZKP?
When we think of Bitcoin’s peer-to-peer capabilities and properties it is most commonly associated with payments. However, Bitcoin also has powerful data integrity features, which enable anyone to verify and certify data, and the actions performed upon it.
A zero-knowledge proof lets one party (a prover) who claims to know a secret, convince another party (a verifier) that the claim is valid, whilst not revealing the secret.
Because of the hiding nature of ZKP, it can be used in many cases where privacy is desirable. More importantly, it can also be used as a building block to construct more sophisticated protocols.
What happens next in the ZKP Hackathon?
Once applications close, the projects will be considered by a list of all-star judges, including:
- Dr Craig S. Wright – Chief Scientist, nChain & Founder of SVPool;
- Dr Jack Rogers – Senior Lecturer in Economics at the University of Exeter;
- Jens Groth – Director of Research at DFINITY, Honorary Professor at Department of Computer Science at UCL;
- Jad Wahab – Director of Engineering at BSV Blockchain Association;
- Xiaohui Liu – sCrypt Inc Founder and CEO.
Winners will be announced on January 8. You can find out more about registering and the full list of rules for the BSV Zero-Knowledge Hackathon here.