Scroll Announces VORTEx Contributors Hackathon with $85,000 Prize Pool
Scroll Announces VORTEx Contributors Hackathon with $85,000 Prize Pool
🚀 Scroll's $85K Hackathon Invite
Scroll, a blockchain project focused on privacy and scalability, has announced the VORTEx Contributors Hackathon, an open invitation for ambitious innovators to challenge the status quo. The hackathon will run from April 24th to 29th, featuring three unique tracks: DeFi, Privacy, and Gaming, as well as a Miscellaneous category. Participants are encouraged to find solutions to challenges facing mass adoption within the Scroll ecosystem. The hackathon offers an $85,000 prize pool contributed by various partners, including Aztec Network, Ankr, Chainlink, Covalent, Graph Protocol, OpenZeppelin, and Sindri Labs. Scroll is also hosting a series of 'Level Up' challenges leading up to the hackathon, spanning DeFi, NFTs, and GameFi.
Argentina's Multiple Dollar Exchange Rates Highlight Stablecoin Adoption
Argentina's complex currency situation has reached new heights with the creation of multiple official dollar exchange rates, including a *Dollar Coldplay* specifically for concert tickets. The country now maintains several rates: - Dollar blue (black market rate) - Dollar Qatar (World Cup transactions) - Dollar small face (older bills) Citizens face up to 40% losses when using official exchange channels, effectively cutting their purchasing power in half. This economic instability has driven many Argentinians toward **stablecoins** as a more reliable alternative for preserving wealth. [Learn more about stablecoins in Argentina](https://stableschool.org/news/11)
Rollups Explained: A First Principles Deep Dive
A comprehensive breakdown of blockchain rollup technology has been published by @jonastheis_, offering clear explanations of core concepts: - **Inboxes**: How transactions are received and processed - **Sequencers**: The role of transaction ordering systems - **Bridges**: Cross-chain communication mechanisms - **Proofs**: Validation and security fundamentals The analysis takes a first-principles approach, making complex rollup concepts accessible to both newcomers and experienced developers. Want to understand rollups better? Check out the full explanation [here](https://twitter.com/jonastheis_).
Tempest Finance Launches AI-Powered Vaults on Ambient Finance
Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.
Devcon ZK Connect Panel Highlights and Upcoming Events
At Devcon's ZK Connect panel, @yezhang1998 presented on ZK technology beyond rollups, covering: - Public verification of large computations - Developer experience improvements - TEE and ZK comparisons - zkEVM vs zkVM distinctions - Future applications in AI, email, and social login Upcoming events include: - WOW Summit: ZK in AI era with @yezhang1998 - Multichain Day featuring @_emjlin - Evening Fireside Chat with @chainlink and @razacodes Panel participants included representatives from MetaMask, Lita, nil, and Automata.
Scroll Aims for 1-Minute Finality by End of 2024
Scroll, a zk-Rollup solution, currently boasts the fastest finality among its peers. The team is now setting an ambitious goal to achieve 1-minute-finality by the end of 2024, further enhancing its performance. - Scroll currently leads in finality speed for zk-Rollups - Team targets 1-minute-finality by end of 2024 - @sandyzkp shared insights in a @nasdaq @TradeTalks interview For more details, watch the full interview with @JillMalandrino on @Nasdaq's @TradeTalks: https://x.com/i/broadcasts/1kvJpbVDaLZKE