CEO Offers $1 Million Reward, Urging Blockchain Developers to Surpass Supra's EVM
- Supra launches MultiVM TestNet and expands its $1M SupraEVM Speed Challenge to validate its parallel EVM execution engine's performance. - CEO Joshua Tobkin offers personal $SUPRA tokens as rewards for teams surpassing SupraBTM's benchmarks through reproducible open-source testing. - The platform integrates execution, consensus, and infrastructure via AutoFi and PoEL to address blockchain scalability limits in DeFi, gaming, and AI. - CBO Jon Jones emphasizes Supra's architecture as "testable against any
Supra, a Layer-1 blockchain supported by Coinbase Ventures, has begun accepting applications for its MultiVM TestNet, marking a significant milestone in its pursuit to transform blockchain scalability and DeFi operations. This announcement aligns with the broader scope of its SupraEVM Beta Bounty initiative, which
The SupraEVM Speed Challenge calls on developers and research groups to build an EVM-parallel execution engine that outperforms SupraBTM in speed and verifiable accuracy.
Supra’s system merges execution, consensus, and infrastructure into a unified vertical stack, empowering its AutoFi platform to automate financial workflows via AI-powered oracles and cross-chain communication. The platform’s native Proof of Efficient Liquidity (PoEL) protocol boosts capital efficiency by enabling stakers to both secure the blockchain and supply liquidity. By focusing on deterministic scheduling and execution aware of conflicts, Supra
The expansion of the testnet and the bounty initiative highlight Supra’s dedication to driving progress through open competition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: The Crypto World’s Delicate Balance Between Progress and Volatility
- CoinMarketCap and Reserve launch CMC20, a DeFi-native index token tracking top 20 cryptos on BNB Chain, blending blockchain transparency with diversified institutional-grade access. - Trump's WLFI crypto project suffers $2.85B value drop due to phishing attacks and poor key storage, exposing security risks in high-profile consumer-facing crypto ventures. - CredShields and Checkmarx partner to combat smart contract flaws via AI audits and enterprise security frameworks, addressing 48% of major DeFi breach
Demanding Responsibility: Titus Challenges Nevada Governor Regarding Withdrawn Penalties for The Boring Company
- Rep. Dina Titus demanded transparency after Nevada rescinded $425,595 in fines against Elon Musk's Boring Company for safety and environmental violations. - The fines, initially issued for incidents including firefighter chemical burns and alleged wastewater dumping, were revoked days after company contact with Lombardo's office. - Titus requested public hearings and document releases, citing internal records showing altered public records and procedural inconsistencies in the rescission. - State officia
"Is It Possible for AI to Eliminate the Need to Work? Musk's Perspective Sparks Debate Among Specialists"
- Elon Musk predicts AI and robotics could make work optional within 10-20 years, eliminating money, as discussed at the U.S.-Saudi Investment Forum. - Experts question feasibility, citing high costs of physical automation and historical trends showing diminishing returns in tech adoption. - Skeptics highlight risks of growing inequality, noting AI gains disproportionately benefit tech giants while broader markets struggle. - Philosophical challenges include societal erosion from work displacement, with Mu
Solana News Update: Amidst Crypto Market Fluctuations, Investors Turn to Solana ETFs for Regulated Access
- Solana (SOL) surged past $140 amid $2B inflows into spot ETFs, driven by VanEck’s launch and 17-day consecutive inflow streak. - The token benefits from capital shifting away from volatile memecoins, though regulatory scrutiny over transparency and wallet controls persists. - Bitcoin and Ethereum ETFs face $3B+ outflows in November, contrasting Solana’s institutional adoption and appeal as a regulated liquidity vehicle. - Analysts highlight Solana’s strategic role in a rising-rate environment, with co-fo
