Metaverse Information Bureau News: Over $4! Etherlink Hackathon 2025 has begun! Tezos L2 developers' hot summer begins! #Etherlink #Tezos #Hackathon
Video explanation
A contest for the future of Internet technology is being held! What is the "Etherlink Hackathon 2025" that even beginners can understand?
Hello! I'm John, and I'll be giving you the latest information on the metaverse in an easy-to-understand way. Recently, in the world of the Internet, we've been hearing more and more about terms like "metaverse" and "Web3." You might think they sound complicated, but in fact, there are a lot of technologies emerging that could make our future lives more interesting.
Today, I found some exciting news about an event that will create such future technology, so I would like to introduce it to you!"Etherlink Hackathon 2025"!
First of all, what is a "hackathon"?
Some people may be hearing the word "hackathon" for the first time. It is a combination of "hack" and "marathon," and refers to an event where programmers, designers, and people with ideas gather together and intensively develop new software or services in a short period of time (a few days to a few weeks). Everyone pools their brains together to create something amazing! It's like a technology festival.
What kind of event is "Etherlink Hackathon 2025"?
Now, let’s get to the main topic, “Etherlink Hackathon 2025.” This is an event jointly organized by “Trilitech” and “Encode Club,” organizations that support the development of new technologies.
The purpose of this hackathon is to"Etherlink"The idea is to have developers all over the world create new applications and tools using this relatively new technology! This event is held as part of a larger initiative called "Summer of Code" to support programming learning and development. It's like writing code in the summer!
What are "Etherlink" and "Tezos"? A little more detail!
At this point, you may be wondering, "What is Etherlink?" and "What is Tezos?" Don't worry, let's take a look at them step by step!
First,"Tezos"There is something called"Blockchain"It is a type of blockchain. Blockchain is a technology that allows everyone to safely manage records of transactions made on the Internet. It is often used in virtual currencies (also called crypto assets), but it is also a very clever system that can be used to safely store various information and automatically execute contracts. Tezos is a flexible platform (the underlying system) that uses blockchain technology to execute new types of digital contracts (called smart contracts) and to democratically decide rules within the community.
And the main character of this time is"Etherlink"runs on Tezos"Layer 2 Network"You might think, "Layer 2 sounds complicated..." but to put it simply, it's an additional mechanism to further increase the processing power of the Tezos main body, which is Layer 1.
To use an analogy, imagine a large main road (this is Tezos) that is congested with many cars. So, imagine creating a dedicated high-speed lane (this is Etherlink) on or alongside the main road to allow cars to travel more smoothly. Thanks to this Etherlink, Tezos can process more transactions faster and with lower fees (usage fees).
This technology is in the futureMetaverse (a 3D virtual space created on the Internet)It's a very important foundation when creating a service where many people can access it at the same time and carry out various activities. In order for everyone to enjoy the metaverse comfortably, it's important that the system runs smoothly and transactions can be done cheaply!
What are the benefits for developers?
There are great opportunities for developers who participate in the Etherlink Hackathon 2025!
- Generous prizes: The total prize money isOver $4! In Japanese yen, it is roughly620 yen or more(When calculated at about 1 yen to the dollar). That's a huge amount!
- Four divisions: The prize money is divided into four different development categories, and developers can develop something new in their field of expertise or in a theme they want to challenge. I'm looking forward to seeing what categories there are.
- A chance to test the technology: This is a great opportunity to bring your ideas to life using the new Etherlink technology.
This hackathon may produce groundbreaking tools, interesting applications, or even new games that will be used in the metaverse of the future!
Is it relevant for beginners? Why pay attention to it?
You might be thinking, "Hmm, I don't know much about programming, so this event probably doesn't have much to do with me." However, these kinds of technology events may actually be quite deeply related to our future internet lives.
Think about it. The smartphone apps and convenient web services that we take for granted today were all originally developed by someone who thought, "It would be nice if something like this existed." The new technologies and innovative ideas that emerge from this hackathon may, in a few years' time, become new features in the metaverse we use, or lead to internet services that make our lives even more convenient.
For example, in the future, we may see metaverse concerts with thousands of people participating at the same time, with smooth video playback and no stuttering, and digital items in the metaverse may be sold and purchased instantly and with very low fees. The technologies developed at these hackathons are steadily paving the way to these amazing experiences of the future.
So even if you don't write or develop programs yourself, just keeping your antenna up and thinking, "Wow, this is the technology that's getting a lot of attention right now and developers are working hard on it," or "Maybe this is how the Internet will change in the future," can be a lot of fun and you'll be able to get a feel for the trends of the new era!
John
These types of hackathons bring together talented people from all over the world and create something in a short period of time, creating a truly amazing energy. It's always exciting to be able to witness (through the news!) the moment when new innovations are born from these events. I'll be keeping an eye on what kind of future services and experiences this technology, Etherlink, will create!
This article is based on the following original articles and is summarized from the author's perspective:
Etherlink Hackathon 2025: Summer Of Code Set To Kick Off
With Over $40,000 in Prizes