ETH Global Tokyo Hackathon, attended by Ethereum developers and entrepreneurs, kicked off April 14 in Shibuya, Tokyo. On the second day of the opening, some well-known altcoin projects made speeches and presentations. Details of the 8 prominent altcoin projects are as follows…
Ethereum Global Tokyo Hackathon kicks off: Here are the first posts
While some well-known projects appeared on the second day of the opening, many development teams continue their intensive development work. Some established projects and new teams also expressed their views on the current market and development.
ETHGlobal joint venture Kartik Talwar has invited Aya Miyaguchi, managing director of the Ethereum Foundation, to the stage for a series of interviews. Miyaguchi emphasized in his statements: “Ethereum’s way is to involve these developers in the idea generation and brainstorming phase. The Japanese work hard to learn new things like programming languages, but events like hackathons and Ethereum communities can teach or inspire people to enter new lands beyond the confines of traditional culture.”
Stani Kulechov, founder and CEO of Aave, discusses ways to make products more user-customizable in another thread:
If you think about most of the products in the world, you can’t really go out and request pull requests. If you have a good idea and fix the problem, you can’t just go and request a pull to your iPhone or Android phone and expect something good to happen. But what if you could actually build it that way in the future? Protocols, products and algorithms. And it’s possible when you build things more explicitly.
Here are 8 altcoins that marked the hackathon
SCALE (SKL)
Jack O’Holleran, CEO of Skale Network, introduced his project via an online video. The altcoin project is one with the scalability and security of a modular blockchain, which is also featured in Messari’s annual trend report. However, Multicoin has received financial support from institutions such as Hashkey, Consensys, and Winklevoss.
Mina (MINA)
Mina founder Jason Steinhauser introduced his project extensively with the title ‘Introduction to the Mina Protocol’. The protocol is a zk-SNARK-based privacy-preserving layer-1 protocol that allows data and computation to be processed outside of the Blockchain and verified on the Blockchain. Applications (zkapps) can be written in TypeScript and supported with JS libraries and VSCode.
Hyperlane
Hyperlane CEO explained that the protocol is a product based on the Modular Blockchain Thesis, which aims to solve the interoperability issue. It provides APIs and SDKs for cross-block messaging that can be accessed from various chains. Last September, Hyperlane raised $18.5 million in a Variant-led startup round.
Taiko (TAI)
The Taiko project is a zk roll-up (Type 1 zk-EVM) solution similar to Ethereum. It is community driven and completely decentralized. The project will launch the third generation testnet in the near future.
superfluid
Superfluid was a project claiming to have the next generation Token standard. Its CEO, Francesco Renzi, stated that the main goal of the project is to implement Web2-like services on Web3. To meet real-time transaction requirements, Superfluid can perform balance confirmation every second and supports multiple blockchains.
The Graph (GRT)
Graph is an open-source protocol used to classify, index and provide APIs for Blockchain data. The protocol is mainly used by DeFi and research institutions. cryptocoin.com As we have reported, it received $50 million in funding last January, supported by organizations including Tiger Global.
safe
There is no need to explain much about Safe, which stands for smart contract wallet. While Safe’s multi-signature functionality gets a lot of attention, it has many other features as well. It’s worth noting that 10.7% (5 billion USD) of USDC is currently stored in Safe’s wallet, which is a staggering number.
Livepeer (LPT)
Livepeer was introduced by Shann, Head of Ecosystem Growth. The project is building a decentralized video network. At the same time, it solves the challenges of streaming video, which accounts for 80% of internet bandwidth; provides APIs and SDKs for developers; Combined playback capabilities with IPFS and Blockchain-independent development and developing a new video streaming platform.
The ETH Global Tokyo Hackathon will run from April 14-16. The event, which takes place in Tokyo, plans to build the future of Asian crypto adoption.
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