Blockchain
Shortlist of six semi-finalists announced in 4th Bitcoin SV Hackathon with USD $100,000 prize pool at stake

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, has today announced a shortlist of six semi-finalists in the 4th Bitcoin SV Hackathon. The theme for this iteration of the competition is ‘peer-to-peer applications’, with a USD $100,000 (payable in BSV) prize pool staked for the winners.
One of the premier events in Bitcoin Association’s developer education programme, Bitcoin SV Hackathons are global coding competitions designed to challenge developers to both learn about the technical power of Bitcoin’s original protocol and innovate on the fly. Within a set time period, participants – either as individuals or as part of a team – are tasked with developing an application on the BSV blockchain within the parameters of an overarching theme announced at the start of the competition.
The theme for this iteration of the competition is ‘peer-to-peer’ applications – not just payments, but any type of application that involves direct interaction between participants on the Bitcoin network. This theme was chosen to refocus development of the ‘peer-to-peer’ aspect of Bitcoin’s original design; although ‘peer-to-peer’ is a key part of the title of Satoshi Nakamoto’s white paper, the P2P elements of Satoshi’s design were disabled and de-emphasised on the Bitcoin Core (BTC) network. Therefore, entrants were tasked with leveraging the recently released SPV Channels service as part of their application to facilitate P2P communication across the network, as well as interacting with the Bitcoin network directly via the Merchant API (mAPI). Both SPV Channels and mAPI are tools uniquely offered on the BSV network.
The six semi-final entries are:
– Alien Wallet – an SPV wallet with its own pay-to-order hash function
[Tim Middleton – Australia]
– Bitcoin Phone – an app for broadcasting voice data over the Bitcoin network that leverages the non-finality of nSequence to enable close to real-time data streaming
[Joe Thomas – Canada]
– BitCommit – an application for trustless fitness competitions using micropayments and smart contracts
[Gary Miller and Vince Miller – United States]
– CATN8 – a micropayment-enabled online video platform with a full peer-to-peer SPV wallet implementation
[Marcel Gruber – Canada; Dave Foderick – United States; Thor]
– TimeKet – an SPV wallet combined with a reservation and payment validation system [Joonyeong Park – Canada; Youngjin Jang – Japan; Seyoung Jang]
– TKS Pnt – a point tokenisation system for use by merchants and their customers
[Meta Taro – Japan]
From this shortlist of semi-finalists, three finalists for the 4th Bitcoin SV Hackathon will be selected and announced on August 24.
The three finalists will be invited to present their projects at the upcoming CoinGeek New York conference, October 5 – 7. The Hackathon Final Round presentations will be on Day 1 (October 5) of the conference, with winners announced on Day 3 (October 7). The finalists will compete for a share of a USD $100,000 prize pool, paid in BSV – $50,000 for 1st place, $30,000 for 2nd, and $20,000 for 3rd.
Final placings will be determined by a combination of a final round judging panel and audience voting. To watch the final round presentations and have your say in who goes home with first prize and $50,000 in BSV, register to attend CoinGeek New York in-person or online at coingeekconference.com.
Commenting on today’s announcement, Bitcoin Association Founding President Jimmy Nguyen said:
‘This iteration of the Bitcoin SV Hackathon has once again turned in numerous strong entries, each with a unique take on how best to leverage the peer-to-peer aspects of Bitcoin’s original design and the BSV network’s new SPV Channels implementation of P2P capabilities. With a challenging theme and complex requirements to remind developers about the often-forgotten P2P aspect of Satoshi’s intended Bitcoin system, it’s been impressive to see the different approaches employed by our participants. I congratulate all the semi-finalists and look forward to seeing who are selected as the three finalists.’
Also commenting, nChain CTO Steve Shadders said:
‘Working with all-new technologies – just like we tasked participants in the 4th Bitcoin SV Hackathon with doing with SPV Channels – is never an easy proposition. But challenging situations often lead to innovative solutions, which we’ve certainly seen with the standard of entries in this year’s Hackathon. Having worked intimately on introducing the Bitcoin SV implementation of SPV Channels, I’ve been intrigued to see how developers would approach it – and for a first foray with this new technology, I’ve been impressed with the early returns we’ve seen so far.’
To watch the Hackathon finalist presentations and to learn more about exciting developments on the BSV blockchain, register to join CoinGeek New York live in-person or virtually on October 5-7.
Blockchain
Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)

As blockchain technologies mature and diversify, today’s highlights underscore a burgeoning shift: from consensus innovation and protocol upgrades to strategic partnerships and sustainability imperatives. In this edition, we unpack five pivotal developments shaping Web3, DeFi, NFTs, and enterprise-grade blockchain adoption:
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Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week
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Ethereum’s Pectra Upgrade: The Next Evolution in Scalability
-
Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain
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Verae and Evercycle Forge Blockchain‑Enabled ITAM Partnership
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Earth Day 2025: Why an Efficient Blockchain Is a Smart Energy Choice
Together, these stories reveal key trends—innovative consensus models, cross‑chain interoperability, tokenized asset management, and an urgent focus on energy efficiency—driving blockchain’s trajectory in 2025.
1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week
At the recent Paris Blockchain Week Conference, the concept of Activity‑Weighted Consensus (AWC) emerged as a potential game‑changer for network security and governance. Unlike Proof‑of‑Work (PoW) or Proof‑of‑Stake (PoS), AWC allocates block‑production rights based on a node’s continuous on‑chain engagement metrics—transaction relaying, smart‑contract interactions, and decentralized application hosting. Advocates argue that this model:
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Aligns Incentives with Ecosystem Health: Nodes that actively support dApps, relays, and DeFi protocols earn governance weight, dissuading passive stake‑hoarding and promoting network utility.
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Enhances Security: By requiring sustained activity rather than one‑time stake deposits, AWC makes long‑term collusion and stake concentration more costly and detectable.
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Fosters Decentralized Governance: Community participants demonstrating developer contributions or sustainable validator uptime can gain voting power, democratizing protocol upgrades and treasury decisions.
During the Paris sessions, leading research teams unveiled prototypes on testnets demonstrating up to 60% reduction in attack surface compared to vanilla PoS chains, without compromising block‑finality times. Critics, however, caution that accurately measuring “useful activity” demands robust oracles and could introduce new attack vectors if measurement data is manipulated.
Opinion: Activity‑Weighted Consensus represents a vital next step in consensus algorithm innovation—bridging the gap between security, decentralization, and real‑world utility. While the implementation complexity is nontrivial, protocols prioritizing ecosystem engagement could see higher network effects and healthier token economies. If designed with transparency and anti‑gaming safeguards, AWC could become a mainstream alternative by 2026.
Source: Cointelegraph
2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability
Ethereum’s core developers have officially detailed the ambitious Pectra Upgrade, slated for Q4 2025. Building upon the success of past hard forks, Pectra aims to tackle two pillars: throughput and data availability. Key components include:
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Rollup‑Centric Sharding: Rather than full‑state sharding, Pectra introduces “data shards” optimized for rollups, increasing per‑shard throughput to 10 MB per block—3× current levels—while aggregating rollup proofs on‑chain.
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On‑Chain Data Availability Sampling (DAS): Incorporates KZG commitments to enable light clients to verify data availability without downloading entire blocks, bolstering security against data‑withholding attacks.
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EIP‑4990: Prover Optimization: Introduces optimized precompile contracts to accelerate zk‑SNARK and zk‑STARK proof verification by up to 40%, reducing gas costs for privacy and scaling solutions.
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Native Token Recycling: Pectra reallocates a portion of burnt ETH (post‑EIP‑1559) to a “Scaling Fund” administered via on‑chain governance, seeding grants for L2 rollups and data‑availability networks.
Analysis: Pectra’s rollup‑centric vision reaffirms Ethereum’s commitment to being the settlement layer for a multi‑chain ecosystem. By offloading execution to specialized rollups while securing data integrity on L1, Ethereum anticipates 50,000 TPS across aggregated rollups, vastly improving DeFi composability and reducing gas fee volatility. Critics note the increased client complexity and potential centralization risks if DAS providers consolidate.
Implications: For DeFi protocols, NFT marketplaces, and application developers, Pectra could slash transaction costs, enabling new use cases—from micro‑transactions to real‑time gaming—while maintaining the security assurances of Ethereum’s vast validator set. The Scaling Fund’s token recycling mechanism also sets a precedent for sustainable ecosystem funding.
Source: Gadgets360
3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain
In a landmark partnership bridging gaming and blockchain, Astar Network announced that Yoki Legacy, its flagship play‑to‑earn RPG, will deploy on Sony’s Soneium Blockchain starting May 2025. This collaboration offers:
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Cross‑Chain Interoperability: Utilizing Astar’s XCM (Cross‑Consensus Message) protocol, Yoki Legacy assets—NFTs, in‑game tokens, and governance rights—can transfer seamlessly between Astar (Polkadot) and Soneium, enabling multiverse gameplay.
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Eco‑Friendly Consensus: Soneium employs a hybrid PoS‑PoA model with carbon offsets verified on‑chain, aligning with Sony’s commitment to sustainability.
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Developer Toolkits: Joint SDKs allow game studios to tap both networks’ developer ecosystems, sharing middleware for asset minting, royalty management, and composable NFT design.
Opinion & Impact: This alliance signals Web3 gaming’s maturation, as major entertainment brands partner with public blockchains to reach broader audiences. Soneium’s consumer electronics pedigree and global distribution channels could propel Yoki Legacy into mainstream consoles—validating blockchain gaming beyond niche communities. Furthermore, asset interoperability across Astar and Soneium paves the way for unified gaming economies, where items retain value across genres and platforms, potentially reshaping in‑game monetization models.
Source: VentureBeat
4. Verae and Evercycle Forge Blockchain‑Enabled IT Asset Management
Industrial IoT specialist Verae and sustainability platform Evercycle have launched a blockchain‑powered IT Asset Management (ITAM) solution targeting circular‑economy compliance. By merging Verae’s device telemetry with Evercycle’s digital product passports on a Hyperledger Fabric network, the partnership offers:
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Provenance Tracking: Each hardware component—servers, routers, laptops—receives a tamper‑proof record of manufacture, warranty, maintenance, and end‑of‑life recycling status.
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Regulatory Compliance: Automated reporting modules help enterprises meet EU’s Waste Electrical and Electronic Equipment (WEEE) directives and emerging Right to Repair regulations.
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Tokenized Incentives: “Green Credits” are issued when devices are refurbished or recycled according to verified processes, tradable within corporate sustainability marketplaces.
Analysis: As enterprises grapple with e‑waste—projected to reach 74 million metric tons by 2030—blockchain‑backed ITAM offers both auditability and circular‑economy incentives. By tokenizing responsible disposal, companies can transparently showcase ESG compliance to investors and regulators. Critics warn of integration challenges with legacy procurement systems and potential data privacy concerns if supply‑chain partners refuse on‑chain transparency.
Strategic Takeaway: This partnership exemplifies how permissioned blockchains can underpin enterprise sustainability efforts, harmonizing environmental goals with operational efficiency. For IT procurement and finance teams, on‑chain asset management reduces manual audits, accelerates warranty claims, and unlocks new value streams through tokenized recycling incentives.
Source: PR Newswire
5. Earth Day 2025: An Efficient Blockchain Is a Smart Energy Choice
In honor of Earth Day 2025, CoinGeek highlights how next‑gen blockchains—from Proof‑of‑History in Solana to Nakamoto PoA hybrids—are slashing energy consumption compared to legacy PoW networks. Key metrics include:
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Energy Efficiency: Modern PoS chains consume 99.9% less energy per transaction than Bitcoin, with some layer‑2 rollups achieving sub‑gram carbon footprints per transfer.
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Carbon‑Offset Innovations: Protocols like Algorand and Cardano integrate on‑chain carbon oracles that automatically retire carbon credits proportional to network activity.
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Green Data Centers: Validators increasingly deploy in solar‑ and wind‑powered facilities, with projects like EcoChain offering renewable‑energy staking pools.
Opinion: As mainstream scrutiny intensifies around crypto’s environmental impact, energy‑efficient protocols are not just eco‑friendly—they’re competitive differentiators. Enterprises and institutional investors demand sustainability assurances; blockchains failing to address carbon footprints risk regulatory backlash and reputational damage. By spotlighting energy‑optimized consensus and renewable‑powered infrastructure, the industry can redefine itself as a driver of green innovation.
Source: CoinGeek
Conclusion: Mapping the Blockchain Horizon
Today’s briefing underscores three overarching themes propelling blockchain forward:
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Consensus Reinvention: From activity‑weighted protocols to energy‑efficient hybrids, networks are refining consensus to boost security, scalability, and sustainability.
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Cross‑Chain & Enterprise Integration: Interoperability—whether via rollup‑centric upgrades, cross‑chain gaming partnerships, or permissioned frameworks for ITAM—enables seamless value flows across disparate ecosystems.
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Environmental & Regulatory Alignment: As global frameworks converge around ESG and circular‑economy mandates, blockchain applications that embed sustainability and compliance at their core will capture both market share and stakeholder trust.
For developers, enterprises, and investors alike, staying ahead means embracing not only technical breakthroughs but also governance models and partnerships that align blockchain with real‑world needs. Tune in tomorrow as we continue tracking the decentralized revolution—one block at a time.
The post Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day) appeared first on News, Events, Advertising Options.
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