February 10, 2023
Discover the Fedimint Hackathon winners
Thank you to all who worked so hard to develop all the amazing submissions during this short period of 30 days!
The quality of the modules that were submitted was truly impressive, with projects from federated storage to community finance tools that really highlighted the potential impact of Fedimint as a platform that could solve real-world problems.
We are proud to announce that the winning project is Stability Pools, a way to offer Stable Value USD or local currency within a Fedimint!
The team “Giosue21m” who have chosen to submit anonymously, have developed a way to lock bitcoin in a Fedimint to a fixed USD value, answering Obi’s provocation and providing a bitcoin-only alternative to stablecoins. Mind blowing!
We’ve seen a huge spike in interest on the Fedimint discord server, learned some fantastic lessons about implementing modules in Fedimint, and have a lot of ideas on how to improve the experience for open source module developers.
We hope this hackathon serves as a spark to ignite the dev community's continued exploration of the protocol. The Fedi team will be reaching out to the winners over the coming weeks to coordinate sending out your rewards.
Once again, thank you to all of the participants for your hard work and for pushing the limits of what is possible with the Fedimint protocol. We can't wait to see what the future holds for this technology!
Here are the winners and runners up of the first Fedi and Epoch Hackathon:
Prize: 210 million satoshis and help with supporting the module in the Fedi product.
Project: Stability Pools
Description: A module to add "stability pool" functionality to Fedimint. The stability pool allows users to "lock" in the US dollar value of their ecash for a fee. This feature is targeted towards users who are not willing to tolerate bitcoin's price volatility, but still wish to utilize Fedimint and the wider Bitcoin financial system.
Runner up Prizes
Prizes of 21 million satoshis
Name: Wilfred Allyn and VNPRC
Description: A module to automatically create a proof-of-reserves transaction as funds are pegged in and out. This transaction proves that the federation is fully reserved.
Project: Fedimint Smol File System
Description: A high-availability key-value storage system meant for small files, backed by a fedimint such as critical configuration details, passwords and multisig setups.
Description: Fedimint storage-module adds the capability of storing files for users to back-up images, videos, documents.
Honorable Mention Prize
Prizes of 2.1 million satoshis
Project: Fedimint Pocket
Name: Sandro Esteban
Description: Fedimint Pocket - A way to custody, manage and storage any type of data using Fedimint.
Note: When assessing the runners up of the Hackathon, we found there were three projects which we couldn’t choose between. Each provided a clear use case mapping to real world problems, included implementable modules and had similar levels of completeness in design, so, we decided to award the runner up prizes to all of them.