Fifty Developers Hack With Bitcoin for Two Days in San Francisco

This past week on March 24 the San Francisco-based Hackreactor HQ and the bitcoin company Purse introduced bitcoin to over fifty developers with its “Bcoin Hackathon.” The bitcoin-centric hackathon included two days of programmers experimenting with the alternative Bcoin protocol and the process of building with bitcoin

The ‘Bcoin Hackathon’ Introduces Bitcoin to 50 Developers 

A group of hackers consisting of young developers and senior level engineers gathered at the Hackreactor to develop ideas utilizing the bitcoin protocol. Attendees worked with the client Bcoin an alternative bitcoin implementation written in (javascript) node.js. The Bcoin protocol was created by software developer Christopher Jeffrey, the Chief Technical Officer at Purse.

Just recently the alternative bitcoin software made headlines because a Bcoin block was mined on bitcoin’s mainnet. This was the first block ever mined with an alternative implementation that was not written in C++. Because the Bcoin code is not written in Satoshi’s original C++ framework, programmers may find the node.js infrastructure an easier method to develop bitcoin applications.

“Bcoin was created to reduce complexity, be more “hackable,” and allow for developers to quickly jump into bitcoin development with less barrier to mental entry,” explains Purse. “This made Bcoin the perfect technology to introduce to budding/senior developers over the course of a 2-day hackathon.”

‘Building on Bitcoin Has a Steep Learning Curve’

The event was sponsored and organized by members of Purse, Private Internet Access (PIA), Ledger, Chain and more. Attendees of the two-day hackathon also heard from Bcoin developer, Christopher Jeffrey (JJ), and the co-founder of Lightning, Olaoluwa Osuntokun (Roasbeef). Purse says “building on bitcoin has a steep learning curve,” but company explains the fifty attendees learned a lot and made valuable connections over the two days.

For instance, developers had issues understanding the testnet/simnet and how to use test tokens with their pilot applications. Programmers also had difficulty with conceptualizing bitcoin input/output scripts, as Purse explains;

The Bcoin Hackathon Winners

First place prize winners took home one bitcoin, a years subscription to Private Internet Access VPN, a signed copy of The Internet of Money by Andreas Antonopoulos, and a Ledger Nano hardware wallet. Michael Folkson, Alex Bosworth, and Nathan Basanese won first prize for building a monetizing full node project which showed that full node operators could be incentivized in the future.