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SLP Hackathon Produces a Variety of Innovative Token Ideas

Software developers wrapped up the first Simple Ledger Protocol Virtual Hackathon (SLPVH) which ended on September 30 with the first place prize awarded to the Project Ignite team. The developers’ project, called Hamingja, is a non-tradeable SLP token that utilizes checkdatasig covenants for a loyalty points system. The second and third place teams created an SLP paper wallet generator and a full client-side SLP management suite.

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The First Annual Simple Ledger Protocol Virtual Hackathon

The Simple Ledger Protocol has grown quite popular and this week witnessed the first SLP hackathon which saw developers code with the token standard in order to create innovative ideas. SLPVH was sponsored by cryptocurrency operations such as Coinflex, Cryptophyl, Satoshi’s Angels, Bitcoin.com, Sideshift.ai, Spicetoken, and Fountainhead. Various teams participated with names like Bluewire, Cryptopandas, Dune Squad, Lower the dust, SLP stream, and Tokenvend. There was a limit to a maximum team size of six people and all of the hackathon projects had to involve the Simple Ledger Protocol. The rules further added that “all team members should be present in the chat for the event and should have their Github connected.”

SLP Hackathon Produces a Variety of Innovative Token Ideas
Software developers wrapped up the first Simple Ledger Protocol Virtual Hackathon (SLPVH) on September 30, 2019.

The teams from around the world used an official SLPVH token to vote on the best project which added a unique voting system to the contest. Participating teams had to vote for another SLPVH project and could not vote for a project they worked on. Project Ignite won the first place prize by gathering 2,830 votes with the loyalty points system Hamingja. According to the specifications, the project uses “SLP transactions combined with BCH

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