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"BitHack" Hackathon by Coinbase

blog.coinbase.com

31–40 of 41 posts

Re: "BitHack" Hackathon by Coinbase

#31
post #19

Why would you award a US dollar amount of bitcoin? The point is to adopt bitcoin as it's own entity. Awards should be 10, 5, and 3 bitcoin. Or if you like big numbers call it 10 million satoshi, 5 million satoshi, 3 million satoshi ?

1 BTC = 100,000,000 satoshis.

Re: "BitHack" Hackathon by Coinbase

#32

Hey 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…

Interested, and also in Atlanta. Email is handler @ gmail.

Re: "BitHack" Hackathon by Coinbase

#33
post #19

Why would you award a US dollar amount of bitcoin? The point is to adopt bitcoin as it's own entity. Awards should be 10, 5, and 3 bitcoin. Or if you like big numbers call it 10 million satoshi, 5 million satoshi, 3 million satoshi ?

I agree. Awards should definitely be in BTC... seems like a vote of no confidence in your own product otherwise.

Re: "BitHack" Hackathon by Coinbase

#35

I am interested in working with someone for this hackathon. I don't have an idea myself. I am a developer from NY/NJ. I have experience developing web and mobile apps. email me at archerabi at gmail.com

I am interested in participating in this hackathon too. I'm primarily a designer and was looking for a developer to team up with. I'll email you.

Re: "BitHack" Hackathon by Coinbase

#36
post #19

Why would you award a US dollar amount of bitcoin? The point is to adopt bitcoin as it's own entity. Awards should be 10, 5, and 3 bitcoin. Or if you like big numbers call it 10 million satoshi, 5 million satoshi, 3 million satoshi ?

1 BTC = 100,000,000 satoshis.

Even better then

    first prize:  billion satoshi
    second prize: half-billion satoshi
    third prize:  300 million satoshi

Very large numbers, almost sounds like dogecoin.

Re: "BitHack" Hackathon by Coinbase

#37

"All materials submitted in connection with this Contest will not be returned. By participating, you agree to be bound by these Rules including all eligibility requirements. Participants acknowledge and agree that all entry materials submitted in connection with this competition are submitted on a non-confidential basis and may be used by Coinbase, its agents, subsidiaries, and related companies, for advertising and…

"expect where prohibited by law"

Re: "BitHack" Hackathon by Coinbase

#38
post #5

From 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.

Nothing in the terms or rules state the app must be closed source. Additionally, competitors retain all rights to their application. The only thing Coinbase gets is media exposure.

Re: "BitHack" Hackathon by Coinbase

#39

I am interested in working with someone for this hackathon. I don't have an idea myself. I am a developer from NY/NJ. I have experience developing web and mobile apps. email me at archerabi at gmail.com

Hey I'm also interested in chatting about teaming up. Email me at my handle at gmail. Nodejs developer based in manhattan

Re: "BitHack" Hackathon by Coinbase

#40
post #19

Why would you award a US dollar amount of bitcoin? The point is to adopt bitcoin as it's own entity. Awards should be 10, 5, and 3 bitcoin. Or if you like big numbers call it 10 million satoshi, 5 million satoshi, 3 million satoshi ?

You can't go from "not yet invented" to "stable, widely accepted decentralized currency" overnight. There will be intermediate steps. Pegging to USD amounts is an extremely sensible intermediate step. And honestly, bitcoin's success doesn't even depend on people pricing things in it.
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