In the latest installment of its Signature Bounties campaign, Blockstack has partnered with ShapeShift to challenge developers to create a universal wallet. The contest, which began this morning, April 25, 2018, at 9:00 a.m. EST, will run until 11:59 p.m. on June 25, 2018. The winning project will be announced on June 29, 2018, and awarded $50,000.
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“We’re really thrilled to be able to partner with ShapeShift for this bounty and to build on the success of the bounty program so far. This is something that speaks directly to the crypto community, who inherently understand the motivations behind decentralized applications,” Xan Ditkoff, a Growth Partner at Blockstack, told Bitcoin Magazine.
As with past Signature Bounty competitions, the focus here is to build a decentralized application (DApp), in this case, a decentralized universal wallet. This campaign, however, has a special focus on interoperability and cooperation, as Blockstack’s partnership with ShapeShift suggests.
“Increased interoperability and collaboration between projects will only hasten the pace of innovation — and making each project’s atomic unit of value accessible across communities is critical,” a Blockstack blog post[2] reads. “That’s why we are partnering with ShapeShift[3] to enable an open source wallet where users can hold and exchange most, if not all current and future forms of tokens, all in a decentralized manner.”
A successful project, the post continues to reveal, will feature a synergy of Blockstack’s storage, authentication and encryption functions with ShapeShift’s token exchange API. Additionally, serious submissions must be open sourced and accommodate all or most coins and tokens, including custom tokens that haven’t been created yet.
The end game for this bounty, as its name suggests, is to create a universal, easy-to-use wallet that combines the security features of Blockstack alongside the
