2022 was a great year for Xiaohui Liu, having done a convention in Dubai, introduced new tools, and set up a hackathon, but he believes 2023 will be better, as Bitcoin is set for a massive transition.
Proof of Reserves proves that clients' funds are in safe hands, and while it is not a 100% guarantee that the funds won't disappear in an instant, it assures investors that their money is still there.
sCrypt Inc. founder and CEO Xiaohui Liu said over 300 people have already signed on to the event, and there will be a live event streamed on YouTube on November 2 to kick things off.
The hackathon is open to all developers interested in ZKPs and cryptography, whether they're active in the BSV or blockchain world or not—round one will run from October 26 to November 25, 2022.
Round 1 of the hackathon will run from October 26 to November 25, and is aimed at encouraging developers to build new applications based on zero-knowledge proofs while growing the BSV community.