I am speaking today about our upcoming hackathon and DAO.
Harmony is building bridges to scale applications across Ethereum, Binance, Terra, Polkadot, Bitcoin and other chains. Our key innovation is uniform scaling — Harmony’s sharding mainnet achieves 2-second transaction finality and $82M cross-chain assets.
Sushi is running natively on Harmony with a $4M liquidity campaign, daVinci NFT marketplace with curated auctions has made $500k sales, and our 11 DAOs have hundreds of active members. (more)
Especially those from traditional finance and big tech companies? Harmony is running a $1M hackathon with Gitcoin and Dorahacks from now until September 30th to recruit builders.
Our three themes — each with $300k prizes in 4 tracks — cover blockchain bridges, social wallets, and fintech integrations. Hackathon winners in each of the 12 tracks are going to create a DAO to manage the additional $40k grants based on their mainnet launch, project funding, and DAO participation. (more)
The first hackathon theme is Cross-Chain with our trustless, on-chain bridges. The 4 tracks — Liquidity, Middlewares, DeFi/NFT/DAO, Platform — emphasize the current product-market fits of decentralized applications but across multiple chains. Developers can make use of Harmony’s rich ecosystem: a cross-chain API for aggregation and asset pools; Ethereum-compatible indexing, names, and toolkits; and, unique technical features including randomness opcode, on-chain delegation and aggregated signatures, FlyClient bridges, and fast state sync with message gossips.
Besides advancing these cross-chain infrastructure, there are also many product ideas that can take advantage of our trustless bridges. For example, building arbitrage bots with our partner Hummingbot or integrating stablecoins and saving products with our Terra bridge. Harmony has also launched Bulletproof and Poseidon Hash functions for privacy coin mixers like Tornado Cash. (more)
The second hackathon theme is On-Chain with our social wallets and keyless security. The 4 tracks — Frontends, Web3, Web2, Security — emphasize the consumer experience of delighting the users without worrying about blockchain technology or custody. Wallets are becoming the Web3 portals as a DeFi dashboard for asset swaps and investments, a NFT gallery for collectible editorials and auctions, or a DAO townsquare for governance votes or payrolls. Our hackathon encourages seamless onboarding and incentivized education for smart contract wallets; builders can start from our audited prototypes featuring authenticator-based security and on-chain account recovery.
Composing Web3 contracts and integrating Web2 components is the crossing of the chasm for daily uses. Our wallets should work as a mobile or even wearable client. They can also curate crypto and domain names, work activity and reputations, or even virtual and life moments. Furthermore, the wallets can link your identity on Twitter as social clout, Github as work prowess, or Linkedin as tailored profiles. At this hackathon, cryptography or security researchers can extend our authentication to multiple factors, verify implementations with formal methods, or prototype based on our latest research papers. (more)
Keyless Social Wallets via One-Time-Passwords (OTP Authenticator)