"BitHack" Hackathon by Coinbase
blog.coinbase.com
"BitHack" Hackathon by Coinbase
1–10 of 41 posts
Re: "BitHack" Hackathon by Coinbase
#2"No 24h time limit. No pain. Yes, with $18,000 in prizes.."
A bitcoin hackathon with prizes in dollar? Even if the winners are rewarded in bitcoin, it's still weird.
Re: "BitHack" Hackathon by Coinbase
#3From the rules:
> Coinbase must be the sole bitcoin payment method included in the app.
So, is it a hackathon to make something cool with bitcoin, or to make something cool with Coinbase?
Anything anyone does to make bitcoin bigger, better, and more mainstream, will benefit Coinbase in the long run. So it might be a bit short-sighted to restrict this unless there is a really good reason.
Re: "BitHack" Hackathon by Coinbase
#4From the rules: > Coinbase must be the sole bitcoin payment method included in the app. So, is it a hackathon to make something cool with bitcoin, or to make something cool with Coinbase? Anything anyone does to make bitcoin bigger, better, and more mainstream, will benefit Coinbase in the long run. So it might be a bit short-sighted to restrict this unless there is a really good reason.
I think it's to encourage adoption of their API offerings. However, there's nothing stopping a developer from abstracting their payment method so that they can implement a BitPay or bitcoind integration later.
Re: "BitHack" Hackathon by Coinbase
#5From the rules: > Coinbase must be the sole bitcoin payment method included in the app. So, is it a hackathon to make something cool with bitcoin, or to make something cool with Coinbase? Anything anyone does to make bitcoin bigger, better, and more mainstream, will benefit Coinbase in the long run. So it might be a bit short-sighted to restrict this unless there is a really good reason.
So they put 18k USD on the top 3 applicants that provide their closed source, coinbase only solution? They already got attention worth more than that by having us read the terms and coditions. Why not do something cool and respected. I have no problem with the coinbase API having to be used but the exclusiveness is so anti bitcoin spirit.
Re: "BitHack" Hackathon by Coinbase
#6"No 24h time limit. No pain. Yes, with $18,000 in prizes.." A bitcoin hackathon with prizes in dollar? Even if the winners are rewarded in bitcoin, it's still weird.
It's not. It mitigates their risk of bitcoin skyrocketing and it mitigates your risk of bitcoin crashing while you develop. But I'm glad to less and less hear this critic whenever shops offer stuff in bitcoin priced in USD.
Re: "BitHack" Hackathon by Coinbase
#7"No 24h time limit. No pain. Yes, with $18,000 in prizes.." A bitcoin hackathon with prizes in dollar? Even if the winners are rewarded in bitcoin, it's still weird.
It makes sense. The payoffs are going to show up on Coinbase's balance sheet in USD, and they don't want to commit to buying $X BTC if the market changes.
On the flip side, if BTC crashes, this is good for participants.
Re: "BitHack" Hackathon by Coinbase
#8Hey all,
I'm a student who is looking to join a team for the [BitHack Hackathon](http://bithackathon.com/) - are any groups out there looking for someone to help with team coordination, app testing, user experience, etc.? My background is not technical in nature, but I've found that I always find a way to contribute in hackathons. I'm not in it for the money (although that does sound very nice) as much as I am for the notoriety.
Get at me!
My previous hackathon experience includes:
● Atlanta Govathon (2013) Finalist: Created a web app which scrapes local and state government websites to centralize public hearing and election information
● Hack for Cystic Fibrosis (2013) Finalist: Created a mobile responsive web app called Track*d which helps CF patients track, visualize, and broadcast medical compliance
● Random Hacks of Kindness (2013) Participant: Created a simple gradebook app for the Peace Corps which can be easily modified to reflect the language of a host country
Re: "BitHack" Hackathon by Coinbase
#9"No 24h time limit. No pain. Yes, with $18,000 in prizes.." A bitcoin hackathon with prizes in dollar? Even if the winners are rewarded in bitcoin, it's still weird.
To be paid in Bitcoin.
Re: "BitHack" Hackathon by Coinbase
#10"No 24h time limit. No pain. Yes, with $18,000 in prizes.." A bitcoin hackathon with prizes in dollar? Even if the winners are rewarded in bitcoin, it's still weird.
It makes sense. The payoffs are going to show up on Coinbase's balance sheet in USD, and they don't want to commit to buying $X BTC if the market changes. On the flip side, if BTC crashes, this is good for participants.
They could just convert the prize money to BTC today, advertise it in that currency, and not have to worry how the market changes?