Q&A
Highlights
Key Takeaways
Behind The Mic

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Space Summary

The Twitter Space What to Expect at ETHOnline 2024 hosted by ETHGlobal. ETHOnline 2024 provided a platform for builders and Ethereum enthusiasts to delve into the future of the Ethereum ecosystem. Discussions revolved around the essential role of builders, the benefits of hackathons like Superhack, the significance of community collaboration, staying informed about developments, networking opportunities, creativity, continuous learning, feedback mechanisms, and the value of participating in Ethereum events. This space catered to individuals passionate about Ethereum development, offering valuable insights and networking prospects.

For more spaces, visit the Development Agency page.

Questions

Q: What role do builders play in the Ethereum ecosystem?
A: Builders are essential for developing applications, tools, and infrastructure on the Ethereum network.

Q: How can hackathons like Superhack benefit Ethereum enthusiasts?
A: Hackathons provide an environment for learning, collaboration, and innovation within the Ethereum community.

Q: Why is community support crucial for the growth of Ethereum?
A: Communities help drive adoption, provide feedback, and create a supportive environment for Ethereum projects.

Q: Why is staying informed about Ethereum developments important?
A: Being up-to-date ensures you can leverage new opportunities and stay relevant in the evolving Ethereum landscape.

Q: How can networking with industry experts impact Ethereum enthusiasts?
A: Networking offers insights, mentorship, and potential collaboration opportunities to enhance Ethereum projects.

Q: What benefits can creativity bring to Ethereum development?
A: Creativity fuels innovation, leading to unique solutions and experiences in the Ethereum ecosystem.

Q: Why is continuous learning crucial for success in the Ethereum space?
A: Continuous learning enables individuals to adapt to changes, improve skills, and remain competitive in the Ethereum sector.

Q: How can feedback help in refining Ethereum projects?
A: Feedback allows for improvements, iterations, and the enhancement of Ethereum projects based on user perspectives.

Q: Why should enthusiasts participate in Ethereum events?
A: Events offer education, networking, and exposure to new ideas, projects, and developments within the Ethereum community.

Highlights

Time: 00:15:28
The Role of Builders in Ethereum Exploring how builders contribute to the growth and innovation of the Ethereum ecosystem.

Time: 00:25:42
Innovation at Superhack Discovering the creative projects and solutions presented at Superhack for Ethereum enthusiasts.

Time: 00:35:19
Community Collaboration in Ethereum Highlighting the importance of community collaboration in driving Ethereum's success.

Time: 00:45:56
Ethereum Ecosystem Updates Providing insights into the latest developments and trends shaping the Ethereum landscape.

Time: 00:55:33
Networking Opportunities in Ethereum Exploring how networking can expand opportunities and connections for Ethereum enthusiasts.

Time: 01:05:21
Creativity in Ethereum Development Embracing creativity as a catalyst for innovation and progress in Ethereum projects.

Time: 01:15:44
Continuous Learning in the Ethereum Space Discussing the importance of ongoing learning and skill development for success in Ethereum.

Time: 01:25:37
Feedback Loop for Ethereum Projects Understanding the value of feedback in refining and enhancing Ethereum-based initiatives.

Time: 01:35:29
Engaging in Ethereum Events Encouraging participation in events to expand knowledge and connections within the Ethereum community.

Key Takeaways

  • Builders play a crucial role in shaping the future of Ethereum.
  • Participating in hackathons like Superhack can boost skills and foster innovation.
  • Collaboration and community support are essential for Ethereum's growth.
  • Stay updated on the latest developments in the Ethereum ecosystem.
  • Explore new projects and opportunities in the Ethereum space.
  • Networking with industry experts can offer valuable insights and connections.
  • Embrace creativity and experimentation in Ethereum development.
  • Continuous learning and upskilling are key to staying competitive in the Ethereum space.
  • Seek feedback and iterate to improve your Ethereum projects.
  • Joining Ethereum-focused events can expand your knowledge and network.

Behind the Mic

Introduction to the Twitter Space

Hello everyone. Welcome to the ETH online Twitter spaces. Before we begin, I just wanted to do a quick sound check. If you can hear me, can you please raise your hand or send an emoji? Incredible. Okay, awesome. So we have 1 minute left until the spaces officially begins, but I am very proud to say that this is one of our most on time Twitter spaces that we've run. And so super excited to get started with all of our speakers already ready to go. We have a lot of really incredible speakers joining us today, some of them actually for the first time. So really excited to introduce all of them to our community and also, of course, talk a little bit more about ETH online, which is our next hackathon that is happening this Friday. So. Okay, it is 11:30 a.m. estimated. So to everybody who is joining us for the first time, or you're a returning Twitter space listener to ETH Global's Twitter spaces. Welcome back. My name is Maggie.

Maggie's Role and Overview

I'm on the partnerships team at ETH Global, and today I will be hosting this Twitter spaces in collaboration with three partner representatives from some of our partner companies. So extremely excited to kick things off. And so before I begin, I first wanted to do a quick overview of what this is for those of you who are just joining us and what we're talking about today. So hello everybody. Welcome to our ETH online 2024 Twitter space. Today we are super excited to talk about all things ETH online. Our largest asynchronous hackathon in 2024, starting in three days from August 23 to September 13, focused on all things Ethereum. So before I introduce our speakers, I do want to remind all listeners that you can still apply to hack for this event, as well as all of our remaining 2024 events. You can see our full calendar@ethglobal.com events and we are also taking questions from the audience. Please comment your questions or request to speak at the end and we will invite you at the end of the space if there is additional time.

ETH Online Overview

All right, so what is ETH online? It is our 8th virtual hackathon this year already, and it is the 8th month of the year, so you can imagine how many of these we've run. And we have over 1000 hackers building with us on all things Ethereum over the next three weeks. What's even more exciting is that we're actually going to be giving away more than $225,000 in prizes. So I've invited three of our partners to join us today. SSP Network Kinto and Rootstock Labs so that we can dive into the different tech stacks that you can put on your radar and how you can maximize your chance at winning the top prizes. So I've talked enough and you've heard me babble. So let's start with some introductions from our speakers. Victor, Olia and Taylor. Could you please briefly introduce yourself who you're representing and then popcorn it over to another speaker on the space. I will start with Victor from Kinto.

Introductions from Kinto

Hello. Hello. My name is Victor Sanchez. I am the CTO and one of the co founders of Kinto, the safety first l two. We are, as you can imagine by the name, an l two that focus on security. But from a developer's perspective, we are innovating around compliance API, around the ability to do account destruction in force at the network level. Everything in Kinto work with a smart contract, accounts and wallets that you can directly used through our SDK that we have prepared for the hackathon, longtime participant in F Global, first time organizer and I couldn't be more excited to be here. Thank you, Victor. Now I would love to popcorn it off to Olia.

Olia's Introduction

Thanks, Maggie. Yeah, this is great. So great to see so many familiar faces on this page. This is awesome, right? Hi everyone, I'm Olya. I lead developer experience at Rootstock. Rootstock is a bitcoin sidechain, however, it is also fully EVM compatible. So we are bringing together the security of bitcoin and programmability of Ethereum. So yes, great to hear, great to be here. Great to see you all. And yeah, excited for this chat. Thank you, Olia. And last but not least, we'd love to popcorn it over to Taylor from SSV.

Taylor's Introduction

Hey, how's it going? Yeah, happy to be here. So yeah, I'm Taylor from SSV. I work in the developer relations at SSV. Essentially we are a secure and scalable staking infrastructure, so we work on what is called DVT, which is essentially the next level of staking. Staking itself is obviously pars the entire ethereum ecosystem and is very important to it. So what we're building is a much improved version of that. And we have a permissionless network which lets operators, validators, whoever, get involved and yeah, excited to see what people build on it. Awesome. Thank you so much all for the quick introductions. We will have some more time later to go into the deep ends of what you guys are all working on and why it's so exciting.

ETH Online Focus

So before that, I wanted to kind of pop back over to Eth online. So obviously the main focus of our Twitter space and also the next couple weeks is eth online. And as in its name, the focus of ETh online is obviously ethereum. So let's make some time to learn about why we host this event and actually what you can expect as both a developer or as an organizer. First off, we have ETH online summits and we are actually running three summits starting this Friday, which is the impact summit. And then every single Friday after that for three weeks, it's going to be a different summit. This week we have impact summit. Next Friday we have verifiable computing, and the third week we have roll ups and scaling.

ETH Online Events and Workshops

So make sure you guys all stay up to date on what's happening throughout the event. And also this gives you the opportunity to also learn more about what narratives are at the front forefront of throughout the ecosystem. The second thing to look out for is our ETH online workshops. There are a ton of partner workshops happening throughout the hackathon starting this week, and some topics that I'm personally very excited about are things like building an on chain AI agent with Galadriel, supercharging attestations with schema hooks, and also building car apps with demo. The third thing to look out for is ETH online project feedback sessions. There's two of these, one at the end of each week, so you can actually get help on how to take your project to the next level.

ETH Online Prizes

I know all of the partner reps that are on this call will definitely try to be there for those. So if you guys are looking to get project feedback, make sure you come to these. And lastly, ETh online prizes. This is probably the most exciting part and the part that you guys all want to hear about more. So to learn more about various protocols and ideas, definitely check out our prizes page to learn about different ideas for use cases that you can build for. All right, now I want to pass it back to our three speakers to do some more introductions about the different protocols and also developments or announcements that they might have.

Taylor's Insights on SSV's Involvement

I want to start with Taylor this time. Why did you choose to get involved for ETh online? And can you tell us more about what you're working on and also why you think SSV is so important for the ecosystem? Yeah, sure. So the last hackathon that SSV actually got involved with was ETH Bogota, which is like two years ago. I wasn't with the company at the time, but from what I understand, everything went really well and it was like super valuable for us. And now we've been in mainnet for like around a year now, and everything's going pretty amazing for us, to be honest.

SSV's Contributions and Goals

So now we kind of open, we want to open these doors to a wider audience and we want to see what people can build. You know, we want to get some feedback on our dev tooling because that's very important to us and hopefully see some really useful projects come out of it which could potentially apply to our grants program as well. That would be perfect for everyone involved. SSV itself, we are heavily involved in the staking ecosystem. On Ethereum more specifically, we're working on a smaller subset of that, which is called DVT, which I'll get to in a minute.

DVT and Its Importance

So obviously staking is very important for Ethereum as a whole. The network needs it to function and the entire ethereum network pretty much relies upon this working correctly. So the traditional flow of staking and validators is if I'm a solo staker, I got my 32 eth, I want to run my own node. So essentially I need to run my own machine, I need to keep my private key online at all times, I need to run my execution and my consensus client myself. but because it's this kind of a lot of single points of failure here, this can fail for various reasons. so DBT is kind of an improvement upon this where it lets us take this validator key and the one and lets us split it into multiple key shares, it's called. So as an example here, this could be split into four and then four separate operators can run as nodes, so they can run on completely different locations, completely different clients, which obviously lets us decentralize the clients for the network, which is great.

Advantages of Using SSV

Essentially, this setup and this infrastructure is just a really big step forward in terms of staking in Ethereum because it allows for more security for stakers, it decentralizes the network and the clients way further. And it does it all in this fault tolerant in this permissionless manner on SSV Network because it's like super easy to join up and you know, if you're on the validator side and you got your eth and you want to stake it and, or if you're on the operator side and you know, you want to run some nodes and make some money that way. Yeah, to be honest, in my opinion, it's just the kind of natural progression of things, staking wise, which is just making everything a lot more better, a lot more secure, a lot more decentralized, which is very ethereum aligned.

Kinto’s Focus on Security

Yeah, totally. Yeah. Thank you so much for that. And I think it is really important what you said. And I think one of the key words that you mentioned as a part of that introduction was actually the word security. And I think a lot of people are talking about different ways to enhance security, to make different protocols or different things more secure. And I know, Victor, earlier you also mentioned Kinto being a safety first. L two. So I want to also pass it to you now to chat a little bit more about Kinto and what security means for Kinto and. Yeah, why it's so important. Absolutely. So the birth of Kinto is kind of tied to security.

Victor’s Experience and Vision

My co founder and good friend Ramon Recuero, he co founded Babylon. This was a protocol for asset management that sadly had funds in Rari. And Rari was kind of a famous hack of the previous cycle. And due to the compostability of the space that we all love, Babylon got affected and ended up closing to a hack that was not fault of its own. And we decided, you know, trying to save, to build safe cars in an unsafe road is really hard. However, we could build the road ourselves and that's precisely what the NL two meant for us, right. We could put a number of rules and a number of safeguards in that. In that l two that do not exist on Ethereum Mainnet. That could be the perfect place for veterans and new developers alike to feel safe on that piece.

Kinto's Security Measures

And what are we doing to feel safe? First of all, we Kyc and we Kyb. Anyone on the chain and I know, do not drop from the spaces yet. I know that your allergies right now are arousing. I am a crypto anarchist myself. Don't worry. So what we do though is that you can choose out of a plethora of different providers that you have previously trust in your centralized exchange or in your bank account. And no data, no PII will ever leave any of those. Kyc and KyB, the only thing that is on chain is your kinto id. This is your passport to the chain that will allow you to know things like your jurisdiction if you are sanctioned safe, if you have passed that kyz, but absolutely nothing else.

Final Remarks on Kinto

And only you, by signing transaction, can send that information to final protocols or final institutions that require that for compliant purposes. But your data never leaves your side. The second thing that we have done is we are running fraud detection, AML and hack detection constantly. Literally every 24 hours. Every single kinto id on the chain, more than 27,001 of them, they expire and they need to be renewed for safety every single period of those 24 hours.

Introduction to Kinto Security Features

And again, we have all of these different flags that your passport can be stamped with that will kind of eliminate risk for everyone involved inside that space. But I know that's the boring part for a developer. The really exciting part comes now. We have done two things that, yes, they serve security, but also make Kinto one of the most exciting evms. And by the way, this is EVM compatible 100% to develop on. Number one is every single account in Kinto is a smart account contract. So basically, we enforce account destruction at the chain level. Every single user gets a multi seq by default. So probably your ginto wallet is going to be the safest wallet you have ever had. And also we are using pass keys. So your face or your fingerprint will be one of those signers in that multi seq that we are creating by you. So if you want to learn everything that everyone is talking about account extraction, smart accounts, et cetera, this is a great place because literally every single transaction is one of them. And our SDKs make it super easy to send into the chain. And the final thing that is worth mentioning out of the chain itself is that right now, we have gone through our launch process. We have just released, especially for its global, our two SDKs, both the smart contract and the wallet SDK. And we are truly excited to see what people build with them.

On Security and Ethereum Compatibility

Wow. Thank you so much for the introduction. I think everything that you talked about was really exciting, and I'm personally really excited to see what developers will do with this new SDK that you guys have launched. And I think going back to this whole concept of security again, I know Olia, earlier you mentioned Rootstock is basically bringing the security of bitcoin, but then obviously it's also Ethereum compatible. So can you actually tell us a little bit more about how that works from, like, a security standpoint and also why it's so exciting for you guys to be a part of ETh online this time. Yeah, absolutely. Thanks, Maggie. Oh, Victor, I love those analogies. Very cool. Right? Yeah. So as I mentioned before, so what we're working on is to kind of helping bridge that gap between Ethereum and bitcoin ecosystems, because we do believe that's sort of crucial for the long term growth of the blockchain space in general.

Rootstock's Mechanism and EVM Compatibility

A little bit about how rootstock. So we use something called merge mining. So rootstock network is secured by the same miners as the bitcoin network. So the miners basically include the change of state of the rootstock networks into the block headers in the token that's used for gas. The native token on the rootstock network is called RBTC, which stands for smart BTC, which is basically a version of bitcoin. So that is the connection to bitcoin itself, whereas when it comes to Ethereum, as I mentioned, Rootstock is fully EVM compatible, so we can look at it in kind of two different levels. So RVM, which stands for rootstock virtual machine, basically uses the same opcodes to execute the code, the smart code, as EVM, which makes all the contracts written in solidity compatible with Rootstock. And also the rootstock node exposes the same adjacent RPC interface as a Ethereum node would do. So that makes basically all the wallets and sort of third party applications and dapps compatible with rootstock, also with a slight change in configuration. So again, to summarize, security of the bitcoin network, but program mobility of the Ethereum network.

Use Cases and Recommendations for Developers

And we're really excited to be bringing this new playground to global developers, to the event, for developers to try and build on bitcoin using the same tool chain they've been using all along, including writing smart contracts, it's a little language. And also developing environments, things like foundry, hardhat, it all works on rootstock same way it would work on any other EVM compatible chain. Very cool. Thank you so much. Now that we've caught up, every single person up to speed and everybody is starting with the same foundation and understanding, I want to get into what is I call essentially the alpha of the Twitter spaces, which is actually talking about what use cases you guys are most interested in, most excited about the prizes that you guys will be awarding for this hackathon. Any recommendations that builders, for builders who are planning to hack, and also just key things or key criteria that you're looking for in hacker projects.

Exciting Use Cases and Hackathon Opportunities

We'll go through each of those things step by step. Let's start with the first one, which is, what are some of the use cases that you are personally most excited about for the products that you're launching or that you're building? What are some of the things that you want developers to experiment during this hackathon? And what would interest you the most? Let's go back to Taylor and start from there. Okay, so I think from our side, or from my own personal interests at least, I think resticking is very, it's super interesting. Das. I mean, it's still quite new, and we've seen like in the past since Eigen layer's release it's gotten a lot of traffic, just a lot of tv on it. So setting up a validator which runs in the SSV network and takes part in rethinking is actually a very simple process if you do this manually. By manually, I mean going through a bunch of different websites, running some scripts, this sort of thing, it's not very difficult at all, but it's just a lengthy process.

The Potential of Streamlined Validator Processes

So I think this is a process. If you combine all these things together into one nice UI, some dashboard, something like this, potentially this could be some really beautiful and simple user experience, which I generally think a lot of people will use because I think it's 60% to 70% or something of the validators on our network are also taking part in restaking. So if there was some tool, something like this, that people could actually use to streamline this process, I think that could be really interesting. So we're excited to see how people approach that one, because it's a very good and real use case that we're seeing a lot of people make use of already. All right, awesome. Olia, would you like to go next? Yeah, absolutely. So, at risk, we like to say that our mission is to make bitcoin work for everyone.

Creating DeFi and Privacy Solutions

So I guess kind of the use case that's close to our hearts is defi and seeing solutions that solve real life problems, that's something we always in the lookout for. Having said that, in the last couple of hackathons in Brussels, for example, we did see a lot of AI on rootstock and other chains cases, which I thought was really interesting. Not seen much of that before a few games and dpnis started popping out. And that's super interesting for us. Also in terms of like, personally, myself, I really love to see privacy and kind of like ownership sort of solutions, and we don't have enough of that on rootstock in the rootstock ecosystem. So kind of, I would like, I think, to see more dapps in that sort of area, but that's kind of personally, I guess.

Encouraging Contributions to the Ecosystem

But generally, I think what also interests us is, you know, contributions to the broader ecosystem, so, including new tooling, maybe like enhancing existing protocols that are already there, or like some sort of new concepts, that's also great to see. So, yeah, a broad range of different applications, I suppose. Say, you know, there's a lot of space for creativity when it comes to building all this stuff. Super well said. I think I completely agree with you there. Creativity is all you need for these hackathons, and I hope everybody who's listening is taking notes in terms of what you're thinking about building because there are so many different possibilities. So make sure you start creating a list now because time will fly by before you know it.

Identifying Surprising Use Cases

Awesome. And last but not least, Victor would love to learn more about the use cases that you are most excited about as someone who has done previous hackathons and has led and run your own hackathons before. So I have to say, yes, I'm going to give you some ideas for the use cases, but the way to win my heart is to give me a use case that surprises me. So with that caveat at the beginning, I'm going to go for it. So we have two big categories that we are interested in seeing projects and just taking around. One is around the usability and the user experience for the final user. If you take a look at our wallet, you will see that it's all about making it transparent from the final user.

Kinto Wallet Experience and Smart Contract API

We have gas less experience for that user. So there is a lot that you can do around bringing projects that already exist on other chains but are much more complicated to understand and to handle because of the issues that come from hard to use wallets, right? So one is kind of adding the kinto wallet experience to existing projects. That is kind of low hanging foot in the hackathon for a lot of projects that can apply that wallet layer on top of some of these protocols. And the other one goes around our Kintosmar contract API. There is a lot of information that you can read from jurisdiction, sanctions and other aspects on those, and you can generate applications that couldn't exist anywhere else and do composability between tokens and composability between protocols that couldn't exist before that thanks to that Asmar contract API. So yes, I am very excited to see those two.

Opportunities for Smart Builders

There are two curveballs that I think there are opportunities for a smart builder to go for. One is account abstraction is beautiful. However, every single user operation that goes through the entry point, it's kind of a bit of a bottleneck in terms of visibility. So any tools that allow you to explore what goes through the entry point and what the user operations are doing on the entry point, extensions to existing block scout explorers, et cetera, I think there is a good chance to build something really cool on that side. And another one that I'm really also kind of quite excited as well is for extensions to our current smart contract wallets. Because of course, the beauty of a contract is that every smart wallet is upgradable.

Final Thoughts and Prize Overview

So if you have a good idea to expand the kinto wallethead. I would love to see that as well. Incredible. Thank you, everybody for sharing all of these ideas. I wish I was able to hack. Unfortunately, that would be definitely a conflict of interest. But if I was a hacker, I would really listen to what you're saying and try to build my project in that direction. Okay, awesome. Now, I actually want to get into more specifics in terms of the actual prize tracks that you guys are offering for ETH online specifically. So assuming that Victor, Olia and Taylor have already set up their prizes on ETH online's prize website, you guys should be able to see all of these already on our website.

Exploring Prize Breakdowns

But I want to give them an opportunity to actually go through some of these prize tracks and also talk about the different prizes and how they're breaking them down for this event. So let's start with Olia this time and then we'll go from there. Yes, actually, I did check this morning whether we listed the prizes, just to make sure that I could send everybody to double check it. But yeah, our breakdown is pretty simple and kind of like a think reflects on what I was saying earlier. But yeah, let's go through this. So we have, the first price is for Defi and Edify DaP on Rootstock, and that is worth 4000 USDC. Then we have a bit of an edge case. It's best runes ordinals project on Rootstock.

Prize Suggestions and Opportunities

And we've recently released a toy bridge, a Mockbridge project by the Devrel team. You can find it on GitHub or it should be in the notes also on the website. But basically, if you're interested in playing with runes ordinals, which kind of has been quite a trendy topic since the start of the year, we also given out 2000 USDC for that. And then finally we have best use of rootstock blockchain. So another 4000 usdcs for, you know, as I was saying, for creativity, anything from deep into real world assets to wherever your imagination takes you. We actually had a hackathon in Berlin county and I was chatting to some builders this morning who are building a real world assets today with. It was the football. It was basically football league clubs, real world assets.

Encouragement for Creative Development

It was super confusing, but super interesting. So, yeah, things like that come up, you know, wherever your creativity takes you. That's what the last prize is for. Great. Cool. Wow, there's so much to choose from. I definitely can't keep up with these notes, but alas. Taylor, would you like to go next? Yeah, sure. Sure. So, yeah, we got three prizes up for grabs. We got 10,000 USDA, the first one being the best use of SSV for retaking. This is sorted to two people. So these essentially just for building a retaking application using SSV tooling, which I will be doing a workshop on Friday actually to kind of introduce what's going on that.

Different Prize Categories for SSV

But yeah, hopefully we just see some really cool rethinking depths built. The second is the best use of SSV data using subgraph. We have this really great complete datasets which is really easy to use on call with APIs. We just want to see some practical use of this, some dashboards, pretty much just any great or useful way to actually use this data that people who are participating in the network can look at and make use of themselves. And then the third is the best enhancement to SSV's tooling. So a lot of our tooling right now, I mean, it does the job, a lot of it, but there's parts of it which could definitely be improved. So we have two prices for this as well.

Encouragement for Enhancements and Innovation

And we have some examples on what you could improve in the tooling if you're interested in this one. But yeah, that's about it. Cool. Okay. The keyword here is restaking. So if you guys are planning on building on SSV, at least from my take, my key takeaway here is build something related to restaking.

Hackathons and Opportunities

Awesome. And then last but not least. Sorry, sorry, I forgot to mention one thing about the restaking, actually. Not only can you be eligible for the prizes that you will win from us, Eigen Lair have an infinity hackathon going, which essentially means if you build with Eigen Lair and any hackathon, you could also win money from them as well. So it's kind of potential to win more than one bounty there, which is obviously nice for the hackers. Yeah, I just thought I'd mention that. Awesome. Yeah. Thank you so much for sharing these opportunities as well. Yeah, definitely lots of opportunities to win grant money and also get encouragement and also a lot of mentorship from different teams to continue building out your projects even after our hackathons. Cool.

Prize Distribution Overview

And Victor, what's your prize? Well, we have $10,000 as well that we have divided in the following manner. We have two tracks, one for the smart contract APIs, one for the Kinto wallet SDK. Those two tracks have a second and a first place with $1,000 and $1,500. So you have 2500. 2500 on those two. But then of course you want to go for the best kind of kinto app overall, which is our grand prize of $5,000. And to kind of give you a few tips and tricks on what this application should have. It's basically an application that can do both things. They have done something interesting on the smart contract side. They are using the wallet SDK connector, and they kind of both feed the narrative of the chain, both in the design language, both on the willingness of the team, that concern for security, and of course that excitement about account destruction and the possibilities that come with it.

Expectations and Judging Criteria

But once more, for me, the real winner is going to be that use case that we didn't expect. That's what we are really looking for, which is why we very intentionally call it best in top overall for those five k. Incredible. Okay, so that was a great overview of all the different types of prizes that you can win, of course, with many other partners. So just wanted to take a moment here and just reference if you are looking into building for ETH online, make sure that you go to our website, eth online, and look at the prizes section. There are so many different things that you could be building hackathon, and I want you to actually go and explore. Okay, cool. Now let's go into one question I have that I think a lot of developers ask us all the time, and of course ask you guys all the time as well, which is how do you actually win?

Focus on Creativity and Teamwork

You know, we talked a little bit about building interesting things, like actually building for use cases. But are there any specific recommendations or just key things that you guys are looking for in hacker projects specifically, like how do you define a good project? A good project? Let's start with Victor this time, and then we will go backwards. So I think hackathons are all about people, and if someone tells you otherwise, I think they are going to be lying to you. So for me is make sure from the very beginning that you get the right team that inspires and compliments you. Right. So I think a lot of hackathons, people don't realize it, but they are one. Before the hackathon starts, by choosing who you participate with, this is a great opportunity to kind of get that multidisciplinary friend.

Diversity and Attitude in Hackathons

If you are a business major, go get a developer. If you are a designer, go get the developer. If you are a developer, go get a designer. Right. But I think the diversity on those things and making sure that you get the right team and the right mix of talent into that hackathon wins hackathons. Right. The other one is the attitude that you put on this. Sometimes some of these APIs and some of these protocols can be really taunting. Today we have three examples of tech that is not, but I'm sure there's going to be others that is going to look more challenging as you enter into something like that. What I would say is never let the complexity of the potential task wind you down when you are looking at it.

Encouragement and Reflection

You cannot imagine how many underdogs I have seen really young students, people that had no idea what they were developing for when they started learning something and because they didn't know where the limits were, building something that was absolutely out of the box and winning those big prizes in hackathons. So, yeah, I think, do not limit yourself. Find the right team that will complement you, and that's the best recipe for having a fun hackathon. And I think having a fun hackathon then derives on winning prices. But I have never been on a hackathon where people got upset, bored or annoyed about what they were building, and then that translates into prices. So fight the right team. Do not let yourself kind of bring you down with your own limitations.

Building a Good Project

And, yeah, have fun because that's what wins prices in the end. So. Well said. My goodness. All right, Taylor, you're up next. What about you? What are your recommendations for builders for the hackathon and how do you define a good project as a good project? So for us, speaking from the kind of DVT side of things, I'd say don't be scared of the tech. From what we've seen, DVT and this technology, it can be a little bit convoluted at first, like, especially if you don't come from this staking background. I'm sure this is similar for like, some other projects that are a little bit complicated, but our team at least, you know, will be on hand, you know, be happy to help you understand any part of this, as I'm sure all the other teams will be.

Encouragement and Value of Ideas

So, you know, if something looks super interesting to you and you kind of have like some sort of good idea with it, you know, don't be scared that it sounds like it might be a little bit difficult or hard, just like I. You'll. You're going to be able to get all the help you need from like, the mentors and, you know, anyone else in the 8th global discord. So, yeah, I just. Don't be scared, just send it, you know? and I think to be honest, like, what makes a good project? It's probably the created creativity and solid ideas, like it's a hackathon, you know, you've got limited time. You're not going to be able to create, you know, the perfect project in the end.

Execution and Focus on Ideas

But if you have, like, a very solid idea bringing something new, you're bringing a lot of value to us or to some other projects. That's in my eyes, that's the kind of best way to go about things. Just the idea. Yes. And before I let Olia wrap up with an amazing quote I'm sure she'll have, I also do want to reiterate that fact, hackathons are not meant for you to build the perfect project. And I think it's more and more important just to build something that you're very interested in and let yourself go down a rabbit hole because you never know where it's going to take you. And Olia would love for you to wrap it all up.

Final Thoughts and Recommendations

Yeah. Thank you. Agree with all of the above. What I would probably recommend is when thinking of ideas and start with why. And kind of that, I think, will help to base it on something that could potentially be, you know, useful in the real world. And the execution doesn't need to be there, you know, up to scratch. As we just said, it's more sort of like the thinking and the creativity and the idea there. So the usual criteria we'll use is creativity, usability, technical execution. So I guess the standard and kind of, I think, widely accepted at hackathons worldwide. But I would just like to echo both, actually, Victor and Taylor saying that it's not just that, it's also effort and the intention, and we can see it, and it does come across representation, and that's what we value the most.

Seeking Support and Community Engagement

Like people trying to build something different, maybe ambitious or kind of effort. Intention is what we're definitely looking for, probably more so than the perfect execution of XYZ. Yeah. Thank you so much for that. And I think one thing that I definitely took away from that was also just like balance, you know, for even being a finalist or when you are applying to become a finalist for the hackathons, something that all the judges are looking for is really just like this idea of balance, whether it's balance in the sense that, you know, you have a team that kind of complements each other, like Victor mentioned, or you are just like, trying to learn and integrate different type tech stacks that you actually just learned over that period of time, or whether it's just like trying to put together a storyline, I think, like, having that balance is super important.

Audience Questions and Interactions

And that's really going to convey the message that you want the judges to hear. So thank you so much for sharing all of that. Now, I actually want to open up to the audience if they have any questions for any of our speakers. So if you do have a question, please request to speak, and then we will invite you to speak so that you can ask some questions to our speakers before we wrap up. We'll give a couple seconds if anyone has any questions. In the meantime, I would love to open it up to the floor for Victor Taylor and Olia. If you guys wanted to say some other comments or just share some other things with the audience who's listening on our Twitter spaces today as well.

Supporting Developers

Yeah, sure. I just wanted to mention that, of course, we are here to support. So if you're unsure about the idea, please do get in touch. But also even more so, I suggest, you know, using community to discuss ideas and kind of to maybe, you know, build teams, look for other members. So do definitely do not just try to build an isolation. The community is there to support you and so is our team, and I'm sure all the other teams support. And if global are there for you. So just have that in mind.

Engagement and Collaboration

Definitely never give a spaniard the opportunity to talk more because we will. So I would add, on top of that, I wanted to mention, yes, myself, our engineers, Hannah, from the business and the operation perspective are going to be both in our discord, our Kinto discord and global discord, making sure that everyone has those. It's a learning experience for us as well. So we are going to be supporting every hacker that decides to build on Kinto. And another thing that I wanted to mention very quickly is that running prior to the hackathon these first few days, we are helping everyone to set up their developer account in Kinto and the developer environment on Kinto.

Final Tips for Hackathon Participants

So feel free to join our Kinto discord. Come to the developer channel, say hello, and we'll make sure that, you know, you hit the ground running the day that the hackathon starts by creating that developer account in Kinto. The last thing I wanted to mention that I think is important as well, from a hackathon perspective, right. That I mentioned the team and the fun aspect of it. But this is a very long hackathon. So one last tip of advice, or bit of advice that I forgot to tell before is try things. There is so much time that you could build literally three different projects if you wanted to. So do not be afraid to make mistakes and redo the whole thing if needed in the middle of the hackathon, because this is a long hackathon.

Seeking Inspiration and Sharing Resources

So you should definitely kind of take Max profit out of the length of this hackathon. Yeah, I just would add a short thing saying, even if you're not coming into our discord chat and wanting help for a specific project, even before that, if you're, you know, if you're looking for inspiration and you want some ideas or you kind of want to just talk to the team more about the tech, any of this, like, we'll be happy to have that conversation with you and be able to give you some inspiration, some examples of what you can build, some introductory code, whatever we can do to help. So, I mean, I personally think DBT is like super interesting tech.

Encouragement to Participate

It's like really nice to build with. It's kind of the future of staking on Ethereum. So I would highly recommend getting your hands dirty with it. And me and the team will be there to help you any step of the way. So, yeah, incredible. Yeah. On behalf of Eth Global, we are always super. You know, we just really appreciate all the support that all of our partners give to the hackers. And honestly, without all of our partners and all the time and effort that they put into this hackathon, that, you know, none of this would be possible. So definitely wanted to thank Victor, Olia and Taylor.

Invitation for Audience Questions

And before we wrap things up, I do want to give an opportunity for some guests in the audience to give their questions as well. So I noticed that temi, tayao and justice are currently in the queue. So justice, why don't you get started? Yes, we can hear you. Okay, so concerning the keynote project, mine is around the keynote and I think the risk taking aspect. So for the keynote project, we are working on something around like credit reporting and then like doing KYC and like knowing like, the customers identity is very important.

Integrating KYC with Keynote Project

I was looking at your partners, I saw abitron, like, of the likes of Arbitram. I don't know if the kingdom is going to be like, we deploying our contract on arbitrum and communicating with Kino because our system works on a, like our version one works on a USSD network, which means that it works offline. So we're like, I'm just thinking of like, how the keynote works and I'll know how to use that. And we would like to also like include a risk taking functionality. So like, that's the question, how does the kino system, is it like you and arbitrage partnership means that I can still be on arbitrum and still connect to Kino.

Kinto Overview

How does it work? That's an excellent question. First of all, thank you very much for choosing Kinto to build on two things that is worth mentioning. Yes, we are based on the Arbitrum nitro stack. So basically everything that you would develop for arbitrum, you can develop on Kinto. And there are two ways that you can take this challenge that you just mentioned. Number one is, yes, you deploy your contracts on arbitrum. However, you want to use cross chain kinto in order to get the authorization and reading the flags right that are there. So basically, you could have your applications running on arbitrum and use kinto as your authorization layer through either multi chain messaging or directly using the wallet SDK to connect the wallet and make some verifications before you let them operate on arbitrum. That's one option.

Deployment Options

Option number two is that you deploy your contracts on Kinto because Kinto is its own l. Two, we are parallel to arbitrum one and arbitrum nova. We settle on Ethereum mainnet. So you can do both. You can decide, oh, I don't want to reinvent the wheel because I don't need to be on Kinto, and I just want to use Kinto cross chain option one, perfectly doable. Or there is products that I want to build that require for me to deploy on Kinto to get the full advantages that the Kinto SDK and API will give me. What I would recommend you is that join our discord. Come tell me a little bit more about your idea on our developer channel, and I can guide you better on which one of these two options will work best. But you can do either or both.

Connecting with the Team

Okay, thank you very much. And then for the risk taking, today's something that, like, I've always been thinking of doing. So then I think I'll be talking more with Taylor after the call. So, yeah, just hit me up. Thanks for the question I've sent you. I've sent you a follow on Twitter so we can continue from there. Thank you. Thanks, justice. And we have one more. Tammy Tayo. Yeah. Good evening. It's evening here in Nigeria. So, yeah, I wanted to ask, I'm kind of like a newbie, so to speak, but I have some experience in, like, web two technologies like full stack development. But I'm a learning solidity and I'm trying to pick up the pace, learning documentation and everything.

Questions on Cryptographic Techniques

But I wanted to ask a simple question, like, if I want to code like applying ZKP and like, fhe cryptographic techniques. Like, I would just like to know if it applies to anyone's SDKs or if it's a Taylor, if it's Victor Olia or if it's everyone. Like, if I. If I can improve on some existing technology that uses ZKP and fhe cryptographic techniques, I would like to know that. So, for instance, I'm thinking of, like, elevating my skills in, like, cryptographic algorithms. But I just want to know if I can apply that in these use cases. That's my first question. I'm gonna take the first plunge with your, with your permission, definitely, yes.

Beginner Resources

Right. So if you, for instance, choose to develop on kinto, adding capabilities, cryptographical capabilities, to the smart contract accounts, or even as additional measures of protection for some of these transactions, that could include anywhere from privacy to compression to new features on the Kinto Asmal wallet, this is a definitely potential project. Right. That could happen in there. And, you know, I love that you mentioned that you are a beginner. I think Kinto is the perfect space for beginners to get started, and definitely your interest would be covered on that. However, I also have to tell you, this is definitely one of those kind of ambitious projects for a hackathon, but this is a long hackathon, as I mentioned before, and I'm not going to be the one to put your limits on that.

Furthering the Conversation

So I think this is an interesting project and we would be very happy to welcome you on the kinto track. All right, thank you. I guess. Is Taylor, is there like any ZKP Fhe application? I don't know. Like, to be honest, I don't think there's too much to do with SSV in this hackathon. At least you maybe look in the noir, which is like, it's compatible with all chains, so you could. Yeah, I don't know. I would look into that. That's made by Aztec.

Collaboration and Resources

All right. It's fine. It's cool. Yeah. I've got a bit of general advice to you, Tiritaya. It's absolutely incredible to hear that you just hear from web two coming, and there are so many of developers similar to you. What I would recommend is buddying up with the team and so that you can explore, you know, new tech together and help each other to learn new things. All right. All right. That sounds fun.

Closing Remarks on AI Projects

And just to wrap things up from the ETH global side as well, I wanted to give you some companies to look into who are actually sponsoring prize tracks for ETH online. So Mena Protocol is actually a ZK blockchain. So they do focus on ZK, which is something that you're interested in. So I would recommend looking into Mena protocol. And then actually, regarding fhe, we also are working with Phoenix, so fhe Nix, they are also offering prizes for ETH online. So these two specifically would be related to those interests. So definitely would recommend reaching out to them.

Opportunities with Phoenix

Yeah. All right. And then, so I. Phoenix, like Phoenix, actually organized and facilitated the whole thing. So Phoenix is actually something I can like relate to. Yeah, fhe. Incredible. Yeah. And then, like Olia mentioned, you could definitely look for some other teams to work together on for Eth online. And we actually do have a team formation and brainstorming session happening this week right before the hackathon begins. So definitely check out our calendar and apply to hack so that you can get involved in all of the different workshops.

Final Thoughts

And we'll try to help you out. So just give us a ping on discord if you need anything. Okay, thank you. Awesome. Of course. And we have one final question, actually, in the comments that I saw, which is for all of our partners from Ask V, are there any specific AI agent based projects that you would love to see? So whether this is a personal answer that you would want to give or something else, like feel free to jump in on here for any of you three, Victor, Olia, and Taylor, I'll repeat the question one more time. Are there any specific AI agent based projects you would love to see?

Exploring AI Implementations

I mean, nothing, to be honest, AI agents didn't even really cross my mind when were creating our bunties. Maybe there's something could be done in terms of the SSV data one, in terms of sorting, and to be honest, I'm not entirely sure. The other two, the other two tracks most likely not. But perhaps there's something you could do with AI and the way the data is sorted to, you know, create something with that. That's, that's all I would know of from SSV side at least.

Personal Insights on AI and Development

Oh, thanks, Ollie. Hang on. Yeah, I can go next. We actually saw a few AI implementations recently and it's very exciting. We've not put aside a special bounty for that, but definitely it's something that caught our attention in terms of personally just looking there. What I would love to see more, something AI, I think enabled that would help, maybe something to do with tooling or developer experience, something that would make it easier for other Dapps and not necessarily like a, you know, completely new use case or application on top of rootstock or something to kind of, you know, facilitate building within the ecosystem.

Innovative AI Ideas

But that's my personal, I think. Yeah, wish list if you want. Thank you. On my side, I have a few ideas that if the day didn't have 24 hours and it had more, I probably would quote myself. One is I would love to have an agent that is able to interpret account destruction operations and be able to tell you more about what happened on those user operations. As I mentioned before, this would be a great extension, you know, with AI or NASA that can interrogate operations and tell you more of what actually happened in these operations in more of a human language that I think there is an opportunity in there for an AI agent.

Opportunities with Kinto

There is an opportunity for an AI agent that helps you build a balanced portfolio out of the RWA assets that we are offering in Kinto, there is possibility for AI agents to do a little bit of risk scoring of the accounts on Kinto. Is this address safe or is this address a gambler? What lending conditions can I offer to this address versus another? And I think there is a lot to generate models out of user behavior and user portfolios and give risk information to protocols and apps. I think there is a lot to be said on that.

Conclusion of the Discussion

So yeah, definitely a lot of potential AI ideas on Kristen. Incredible. Thank you so much to everybody. I am going to now wrap up our Twitter space. If there's no other questions. If you guys have any other questions, feel free to get in touch with Kinto, rootstock and SSV directly. So some closing reminders for ETH online before we begin and launch. So applications for ETH online actually do close on August 23, which is in three days at 11:59 p.m. estimated we have over $225,000 in prizes to be won, and then the entire duration will be from August 23 to September 13.

Invitation for Participation

Everything is fully online. So you can join us from anywhere around the world. And our events are always free for builders. So all you have to do is to stake some ETH, and as soon as you submit a project, that ETH will be returned to you. And then finally, like I mentioned at the beginning, summits and workshops are happening throughout the hackathon starting this week. So whether you're a new developer, new to the ecosystem, or you're super intermediate or super experienced, we do welcome every person to come and learn and build with us.

Encouragement to Get Involved

So I would highly encourage everybody to come and join us for ETH online. Personally, I also got started with ETH Global at a hackathon virtually last year, and it was really fun experience, even as someone who is non technical. So really highly encourage anyone to get involved. Whether you are a designer or you come from a business background or you are a highly seasoned developer, there is something for everybody. And finally, I just wanted to say thank you so much to all of our speakers.

Gratitude and Best Wishes

Once again, Victor, Olia and Taylor for joining us for the past hour. We really appreciate all of your insights and also just for sharing the things that you enjoy the most about working with your teams and also what you're excited to see during this hackathon. So we're super excited to kick off this event with you all, and we hope that everybody here on the call enjoys the rest of your week and that we will see you on Friday for the kickoff and opening ceremony and the impact summit. So thank you, everybody. This is the end of our Twitter space and we hope to see you guys soon.

Closing Thanks

Thank you so much for having us. I enjoyed the hour. Bye bye. Thank you. Thank you. Goodbye.

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