Friday , September 18 2020
Home / Uncategorized / SLP Hackathon Produces a Variety of Innovative Token Ideas

SLP Hackathon Produces a Variety of Innovative Token Ideas

Software program builders wrapped up the primary Easy Ledger Protocol Digital Hackathon (SLPVH) which ended on September 30 with the primary place prize awarded to the Undertaking Ignite workforce. The builders’ challenge, referred to as Hamingja, is a non-tradeable SLP token that makes use of checkdatasig covenants for a loyalty factors system. The second and third place groups created an SLP paper pockets generator and a full client-side SLP administration suite.

Additionally learn: SEC Commissioner Speaks Positively About Digital Belongings Regardless of Current Enforcement Flurry

The First Annual Easy Ledger Protocol Digital Hackathon

The Easy Ledger Protocol has grown fairly well-liked and this week witnessed the primary SLP hackathon which noticed builders code with the token customary so as to create modern concepts. SLPVH was sponsored by cryptocurrency operations resembling Coinflex, Cryptophyl, Satoshi’s Angels,,, Spicetoken, and Fountainhead. Varied groups participated with names like Bluewire, Cryptopandas, Dune Squad, Decrease the mud, SLP stream, and Tokenvend. There was a restrict to a most workforce measurement of six individuals and all of the hackathon tasks needed to contain the Easy Ledger Protocol. The foundations additional added that “all workforce members ought to be current within the chat for the occasion and will have their Github related.”

SLP Hackathon Produces a Variety of Innovative Token Ideas
Software program builders wrapped up the primary Easy Ledger Protocol Digital Hackathon (SLPVH) on September 30, 2019.

The groups from world wide used an official SLPVH token to vote on one of the best challenge which added a distinctive voting system to the competition. Taking part groups needed to vote for one more SLPVH challenge and couldn’t vote for a challenge they labored on. Undertaking Ignite received the primary place prize by gathering 2,830 votes with the loyalty factors system Hamingja. In line with the specs, the challenge makes use of “SLP transactions mixed with BCH checkdatasig covenants” which make non-tradeable tokens. Undertaking Ignite’s web site reveals how SLP loyalty factors are sturdy, moveable, and “ought to be dependable.” “[A] cheaper different resolution for retailers — It solely requires a fraction of BCH to create personal SLP loyalty playing cards,” clarify the Hamingja creators.

SLP Hackathon Produces a Variety of Innovative Token Ideas
The SLP loyalty factors system referred to as Hamingja which makes use of a mixture of SLP transactions with BCH checkdatasig covenants.

Paper Wallets and a Consumer-Facet SLP Administration Suite

The second place workforce, ‘BitCH SLaP,’ had 1,535 votes with a customizable, client-side SLP pockets generator. Individuals who wish to use the software program can discover the paper pockets touchdown web page at and the workforce has additionally created a video demo. Alongside the demo, the creators launched one other video on how you can change pockets templates. In line with the repository’s documentation, the generator was forked from’s paper pockets generator. Identical to a conventional paper pockets or tackle generator, individuals should obtain a native copy and run this system on an offline machine for higher safety. The creation of an SLP paper pockets creator will enable individuals to mint and distribute SLP-token-based bearer bond devices.

SLP Hackathon Produces a Variety of Innovative Token Ideas
Now anybody could make a paper pockets with any SLP token.

Workforce Pitico’s full client-side SLP administration suite received third place with 1,389 votes. The open-source documentation explains that the platform is a “full client-side net app to create and handle your SLP tokens in a user-friendly approach.” The challenge builders element within the repository that the platform is in its early levels and be aware that the suite can create, mint, switch, import wallets, and alter the REST APIs. Folks can mess with the platform by visiting the web site or construct and run the app in improvement mode.

SLP Hackathon Produces a Variety of Innovative Token Ideas
Workforce Pitico’s SLP full client-side net app.

The crypto information outlet recorded the SLPVH occasion so the BCH neighborhood might get a glimpse of the motion. The SLPVH organizer JT informed the neighborhood that it was a enjoyable weekend he can’t wait to do once more. Many of the SLPVH builders labored tirelessly on every challenge and shared a few challenge concepts on social media. Bitcoin Money Developer and the creator of SLPDEX, Tobias Ruck, printed a video of his challenge after the occasion. “Cryptopandas Hackathon demo — We didn’t fairly end it however all of the items are in place — Additionally I’m drained,” stated Ruck.

What do you consider the tasks that received the primary SLPVH prizes? Tell us what you consider this topic within the feedback part under.

Picture credit: Shutterstock, SLP,, Workforce Pitico, and Undertaking Ignite.

Do you know you should purchase and promote BCH privately utilizing our noncustodial, peer-to-peer Native Bitcoin Money buying and selling platform? The market has hundreds of individuals from all world wide buying and selling BCH proper now. And in the event you want a bitcoin pockets to securely retailer your cash, you’ll be able to obtain one from us right here.

Tags on this story
BCH, BitCH SLaP, bitcoin money, Hackathon, Undertaking Ignite, Easy Ledger Protocol, SLP, SLP Paper Pockets Generator, SLP Suite, SLP tokens, SLPVH, Tokens

Jamie Redman

Jamie Redman is a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open supply code, and decentralized purposes. Redman has written hundreds of articles for concerning the disruptive protocols rising at the moment.

About Tom Greenly

Check Also

Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker

Decentalized finance (defi) protocol Bzx has recovered the $eight.1 million it misplaced to a hacker …

India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears

Regardless of a lot anticipation, the Indian cryptocurrency invoice will not be included within the …