Ethereum Foundation Supports ETH Beijing Hacksong

03/07/2023 15:58 • Crypto & Markets • 62 views

On March 7, the blockchain association of Peking University tweeted that ETH Beijing Hacksong had received funding from the Ethereum Foundation. The Hacksong main track is: public goods, L2 applications, and open research. At present, ETH Beijing Hacksong has been sponsored by the Ethereum Foundation ESP, Scroll, and Mask Network, with a total prize pool of 30000 dollars.

ETH Beijing Hacksong received funding from the Ethereum Foundation

Analysis based on this information:

The recent tweet from the blockchain association of Peking University brings the exciting news that ETH Beijing Hacksong has received funding from the Ethereum Foundation, one of the leading players in the blockchain industry. The Hacksong main track for this year’s event is focused on the development of public goods, L2 applications, and open research, which underlines the importance of innovation and collaboration in these areas.

For those unfamiliar with ETH Beijing Hacksong, it is a hackathon that brings together developers, entrepreneurs, and researchers in the Ethereum community to build innovative blockchain solutions. The event has become one of the most anticipated events for the industry, with past participants creating some of the most successful projects and companies. ETH Beijing Hacksong has managed to attract some of the best talent due to its focus on encouraging collaboration and open-source projects.

The funding for this year’s ETH Beijing Hacksong has come from the Ethereum Foundation ESP, Scroll, and Mask Network. The total prize pool of $30,000 shows the seriousness of the event and highlights the importance of blockchain technology in the world today. The Ethereum Foundation’s endorsement of this event shows its commitment to promoting innovation and collaboration in the industry, which can only be a good thing for the blockchain ecosystem.

Moreover, the focus on public goods, L2 applications, and open research shows that the organizers are aware of the current issues that the industry is facing. The development of public goods can help increase the adoption of blockchain technology and increase its utility. L2 applications can help solve some of the scaling issues that the industry is facing while open research can help develop new solutions and improve existing ones.

In conclusion, the funding of ETH Beijing Hacksong by the Ethereum foundation is a huge endorsement for the event and the importance of the blockchain industry. It highlights the commitment of the Ethereum Foundation to facilitate innovation and collaboration in the industry. The focus on public goods, L2 applications, and open research shows the organizers’ awareness of the current challenges facing the industry and their willingness to tackle them.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/5795.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Ethereum Foundation Supports ETH Beijing Hacksong

ETH Beijing Hacksong received funding from the Ethereum Foundation

Related recommendations