New XRPL Hackathon to Commence, Here Are Details

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Dr. Mar­tin Hies­boeck, head of research at Uphold, has shared about an upcom­ing XRPL online hackathon. He tweet­ed, “Next XRPL hackathon starts on Mon­day. Bring it on peo­ple XRP.”

Hies­boeck adds, “With the end of obstruc­tion in sight, there has nev­er been a bet­ter time to build.” The antic­i­pa­tion for a quick­er res­o­lu­tion of the Rip­ple SEC law­suit is increas­ing as the days go by.

Per the details pro­vid­ed, the sum­mer XRPL online hackathon host­ed by Dora­Hacks in col­lab­o­ra­tion with Rip­ple is sched­uled to take place from June 5 to July 30.

The XRPL hackathon was designed to sup­port inno­v­a­tive projects and get devel­op­ers from diverse back­grounds to explore cre­ative ideas and tran­si­tion from cen­tral­ized sys­tems to the world of blockchain.

Eli­gi­ble par­tic­i­pants would par­take in a prize pool of $60,000, and indi­vid­ual projects have the chance to secure up to $10,000 in fund­ing. The hackathon would only mark an ini­tial fund­ing step, allow­ing par­tic­i­pants to apply for oth­er fund­ing pro­grams to con­tin­ue their devel­op­ment journey.

Along­side this, it bears men­tion­ing that the XRPL Grants pro­gram, Wave 6, is still receiv­ing applications.

XRPL Grants start­ed receiv­ing appli­ca­tions for Wave 6 on April 25, and this would close on June 18, 2023. The focus for this wave is on projects that lever­age Web3 for finan­cial use cas­es on XRP Ledger (XRPL). Also, XRPL Grants will con­sid­er appli­ca­tions from any inno­v­a­tive soft­ware devel­op­ment projects that are lever­ag­ing XRP Ledger.

As report­ed, XRP Ledger marked 11 years of con­tin­u­ous oper­a­tions, hav­ing first launched in June 2012. Accord­ing to XRP Ledger Ser­vices, which tracks XRPL’s growth, there are cur­rent­ly 4,716,558 XRP accounts.

The cur­rent ledger index is at 80,237,296 as XRPL recent­ly hit the mile­stone of 80 mil­lion ledgers suc­cess­ful­ly closed.



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