Block.one Hosts Puzzle Smart Contract Challenge With $200k Prize Money

Block.one called out to all blockchain enthusiasts to solve a smart contract blockchain puzzle. The company pegged the prize money at a whopping $200,000; the winner takes it all.

The detailed announcement was made on DevPost of EOSIO on February 3,

In this challenge, participants must create an EOSIO Smart Contract which can store and invoke EVM (Solidity) Smart Contracts in a virtual Ethereum-like environment.

Rules of the competition specify that participants have to make use of EOSIO smart contracts according to specified technical requirements. The panel of judges will be inspecting the entries around every 90 days.

The competition finishes the moment somebody succeeds in solving the problem or after one year from the beginning of the competition, whichever is earlier. Whoever manages to solve the first, be it an individual or a group, gets the reward.

Block.one developed the EOSIO blockchain. It is a proxy PoS blockchain that hosts smart contracts. Developers can create their own DApps on this blockchain.

EOSIO hosts the crypto asset, EOS; it became famous for running an ICO for a year. Block.one raked up $4 billion through the coin offering.

Recent Articles

2020: Crypto Regulations Updates Everyone Should Know!

The year 2020 is likely to be one of the most eventful ones from the ‘crypto angle,’ i.e., from the perspective of cryptocurrencies as...

Plus500 Review 2020 – What you need to Know before Signing up with this Broker

Overview Plus500 was established in the year 2008 and it offers online CFD...

eToro Broker Review 2020 – All You Need to Know About eToro Before Signing Up!

  Overview eToro was established in the year 2007, known as one of the leading social trading platforms. Offering more than 1,000...

Cryptocurrencies, an Alternative to Fiat Currencies Not Yet a Replacement

Cryptocurrency and blockchain technology have already created ripples in the world of finance and technology and revolutionized the way currency has been traditionally viewed. It...

Here’s How You Should Proceed Ahead With Crypto Investment in 2020

The growing popularity of cryptocurrencies has started a new trend of crypto investment wherein investors are ditching traditional stock markets in favor of cryptocurrency exchanges...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox