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BMWG Doc for #HackStacks

Potential Community Partners

Organization	Personally connected?	Point of Contact

#HackStacks - Earn rewards by building tools and products that leverage Proof of Transfer (PoX).

Timeline: August 24th

Intro

From trustless token exchanges to Bitcoin price oracles, you’ve seen what you can achieve with Clarity. Now, it’s time to apply your Clarity smart contract expertise to the final key piece of the Stacks 2.0 blockchain: Proof of Transfer or PoX. #HackStacks is a virtual hackathon focused on leveraging the power of PoX, a novel, Bitcoin-secured mining mechanism enabling endless potential for new business models.

With the launch of the Stacks 2.0 blockchain and this new mechanism come unique functionality, namely mining and stacking. Mining on Stacks 2.0 allows miners to mint new Stacks (STX) tokens by simply committing Bitcoin (BTC) to the network, while stacking enables “Stackers” to earn that BTC by locking up their STX tokens on the network.

In essence, mining and stacking offer all stakeholders the opportunity to share in value creation on the Stacks 2.0 network. #HackStacks supports and rewards developers for building tools and products that make mining and stacking more accessible to the Stacks community.

Rules/Criteria

You can submit projects in two categories:

Mining: Tools and products that make it easier to onboard Stacks 2.0 miners.

Stacking: Tools and products that make it easier for anyone to participate in stacking.

Beyond these two categories, the sky’s the limit for project submissions! Creativity and thinking outside the box are highly encouraged. Building with community and business potential in mind is a must. In other words, winning submissions will be judged based on how well they serve the consumer base that is the Stacks community.

Judging

Potential Judges

Community Utility & Business Potential: Muneeb Ali, Patrick Stanley, Joel Monegro, or Balaji Srinivasan

Product Viability & User Experience: Jeff Domke

Technical Functionality: Aaron Blankstein

Submissions will be judged based on the strength of their community utility, user experience, and technical functionality.

Mining

1st Place: The grand prize winner in the mining category will have submitted a tool or product that has abstracted away much of the complexity of miner onboarding, such as setting up a miner node and engaging with code in general. The user experience and design should be sleek and accessible, not only making it easy for current miners to get started, but encouraging to miners interested in joining Stacks 2.0 as well.

2nd Place: The second place winner’s submission is very much on its way to becoming part of the Stacks 2.0 miner’s toolkit. It will have technical functionality that is comparable to that of the grand prize winner’s submission, with a user experience that could use slight improvements. That is, the user experience is accommodating of current miners, and with a couple of tweaks, could be absolutely ready for new/interested miners.

3rd Place: The third place winner will have a promising work in progress that is intriguing to current or experienced miners. The technical functionality and user experience could use some work but the overall product/tool should exceed the level of an MVP.

Stacking

1st Place: The grand prize winner in the stacking category will be responsible for the product that could get everyone, from your 90-year old grandma to your typical crypto enthusiast to start stacking. That means that the technical functionality of this submission is so seamless, and its user experience is so sleek that users might question whether crypto is even involved.

2nd Place: Like the grand prize submission, the second place winner’s submission will be able to better facilitate stacking for most community members. Although the user experience of this submission may require slightly more work, the technical functionality should be seamless. That is, a Blockstack community should be able to utilize this product or tool with little to no assistance.

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3rd Place: The third place winner’s submission is unique, interesting, and has the potential to become a staple product or tool for all stackers. Like the mining category, this submission must exceed the level of an MVP but may need a few tweaks before officially listing in an app store.

Prizes

Mining

1st Place: $2,000 BTC?

2nd Place: Apple AirPods with wireless charging case + swag bag

3rd Place: Bose SoundLink Color Bluetooth speaker II

Stacking

1st Place: $3,000 BTC?

2nd Place: Apple AirPods with wireless charging case + swag bag

3rd Place: Bose SoundLink Color Bluetooth speaker II

$50 in Gitcoin DAI Entry point for the first 25 people that join and submit a project.

Get Started

Wondering what to build? Get started with one of the following ideas submitted by community members themselves:

Stacking

Directory where STX hodlers can self identify and interact with developers

“Proof of Stacking” login/authentication

Stacking “social network” where users can log in with Proof of Stacking and meet other STX hodlers

“Autostacker” product that enables users to automatically mine and stack more STX by forwarding BTC earnings into mining

Stacking wallet

Kickstarter for Stacking products (Stackers request products from the dev community)

Mining

A mining bot that automates much of the miner onboarding process

Arbitrage bot

Dynamic and interactive diagram that illustrates the PoX process

User friendly web app that simplifies the miner onboarding process

“Proof of Mining” login/authentication

See more ideas from the community here.

More Resources:

Proof of Transfer Whitepaper

Realizing Web 3.0: Proof of Transfer Mining with Bitcoin

Upcoming Sessions:

PoX Deep Dive: Understanding Mining and Stacking on Stacks 2.0

Product Development workshops with Product team

Technical workshops on mining

Technical workshops on stacking

Notes - 07/13/20

Track for orgs like BlockFi, Robinhood (companies that could eventually integrate Stacking)

FabAcademy

Folks at KERNEL

Consider building out an onboarding process for people outside the community

Future opportunities for bmwg:

Continued education around business models around application layer

Putting out bounties to test different ideas (more action-oriented)

Continue to explore ideas like Proof of HODL

Learning from the business models of the top 5 apps/products

Work toward building an “infrastructure kit” that can help people plug and play/experiment

Kickstart app mining in a way that’s hard to game

Give this doc a home

​​Potential Community Partners

​​#HackStacks - Earn rewards by building tools and products that leverage Proof of Transfer (PoX).

​​Notes - 07/13/20

​​Archive

​​#HackSTX / #HackStacks / #HackPoX- Earn rewards by building tools and products for Proof of Transfer (PoX).

Potential Community Partners

#HackStacks - Earn rewards by building tools and products that leverage Proof of Transfer (PoX).

Notes - 07/13/20

Archive

#HackSTX / #HackStacks / #HackPoX- Earn rewards by building tools and products for Proof of Transfer (PoX).