Foresight News reports that the Bitcoin scaling solution exSat has announced the launch of a 5-month hackathon aimed at addressing the lack of application layer solutions in the BTC ecosystem. The first phase, Ideathon, will last for one month, during which participants can take part in the selection process by providing project introductions. Winners will receive substantial rewards and participate in the second phase of the development competition. The ultimate hackathon winner will receive a maximum investment reward of $100,000 for a single project, along with entry qualifications for the Bitcoin 2025 conference demo day, gaining millions of exposures and more investment opportunities.
exSat is dedicated to solving the scalability and interoperability challenges of Bitcoin to realize the vision of widespread Bitcoin adoption. By implementing a data consensus expansion protocol that combines Proof of Work (PoW) and Proof of Stake (PoS), exSat aims to enhance data consensus, scalability, security, and interoperability within the BTC ecosystem. exSat also empowers developers to build a scalable and interoperable Bitcoin ecosystem while maintaining the trust and security of the network.
