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Author Topic: [2014-09-04] MIT Bitcoin Club Awards $15K to Students Best Innovating with the D  (Read 1084 times)
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September 04, 2014, 03:59:55 AM

The MIT BitComp served as a summer-long competition, and was designed to have students develop innovative bitcoin-related apps. The contest was broken up into three rounds, the first of which 82 undergraduates, 20 graduate students, 14 alumni and one sole high school student participated in.

Team Ethos picked up prizes in the first and second rounds of the competition, according to CoinDesk, and eventually went on to receive the first-place, grand prize of $5,000. Developed by MIT Media Lab graduate students Guy Zyskind and Amir Lazarovich, as well as bitcoin entrepreneur Oz Nathan, Ethos offers a "decentralized blockchain." Or rather, a platform to help users control and maintain their personal data online.

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