💎Blockchain Contest by TON Core and Telegram
Telegram and TON Core have announced a new joint contest!
Prize fund is from $100,000 to $200,000.
Tasks to be tackled:
— Blockchain Validation Challenge
— Trustless Bridge Challenge
(Participants can choose one or both tasks)
🔹Block Validation Challenge
Participants need to propose a new block validation mechanism for TON that:
- Reduces resource consumption during block validation
- Optimizes transaction processing and confirmation
- Improves the efficiency and scalability of validator operations
🔹Trustless Bridge Challenge
The challenge is to create a reliable decentralized bridge between TON and other blockchains to:
- Simplify cross-chain transactions without intermediaries
- Enhance security for transferring assets between networks
- Automate transaction confirmation, eliminating the need for trusted parties
🏆The total prize fund of $200,000 will be distributed among participants based on their contributions. The best solution authors will also be invited to the second phase, which will have a separate prize fund of a similar scale.
Objectives and Expectations of the Contest
- To optimize the network, improve efficiency, which is critical for its future growth and mass adoption
- TON is being actively integrated with other blockchains, so the Trustless Bridge is essential for secure and decentralized asset exchanges
- Telegram and TON Core are looking for talented developers who can improve TON’s infrastructure and potentially become part of the team, much like the renowned Anatoly Makosov.
- An efficient validation mechanism and secure bridge will lower the dependence on centralized solutions and assert TON as the leading blockchain for Telegram Mini Apps and Web3 products.
If you’re ready to take on the challenge, find the details here:
Block Validation Challenge
Trustless Bridge Challenge
Your contestant @TonPost
Post #675
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