The team behind the proof-of-work powered Solana-native crypto Ore has won the 'Grand Prize' at a Solana Foundation-backed hackathon, despite the project causing disruption to the blockchain in April. The project focuses on offering Solana users a fast, cheap, private, inflation-proof digital currency everyone can mine. Ore's codebase is based on Bitcoin's, allowing multiple miners to share rewards. The project's creator, Hardhat Chad, aims to make mining fun and accessible to all with ordinary laptops.
Keyword: Solana, Ore, hackathon, blockchain disruption, network congestion, digital currency, mining, Bitcoin, smart contract, block rewards
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Last edited on: May 7, 2024 at 06:38 pm