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**Hacken🇺🇦**
# Venom Testnet – Opportunities for Web3 Builders
souce: https://twitter.com/hackenclub/status/1656615188966133761
**Hacken🇺🇦**
Yes, absolutely loud and clear. Guys, welcome. It's it's 1:00 PM UTC.
Pretty beautiful day and I feel like the next at least 40 minutes will be just beautiful because we have today's specially in my session with the Venom blockchain and from hack Inside my guest my teammate Sashko will be representing the tech expertise and from the side of Venom we have Sergei Pataki who's the.
Uh, builder on average scale and random network. So hey guys, could you give us a little bit more info about who are you your main areas of expertise?
**Sashko🇺🇦**
Yeah, let's start. Hi everyone Alex here. I'm a head of trash team at hacking actually we running a bug bounty platform, validating security issues in different blockchain protocols even based on protocols like Near and other on Rust.
Also, so yeah, I was so happy after our previous AMA session about how to road to 1,000,000 in bug bounties, so was really happy when Yaroslaw invited me to be a moderately summation about Venom protocol. I'm really interested in that project, so it would be, I think, that the Mini will be realized.
So yeah.
**Sergey Potekhin**
Yeah, I guess it would just seal. Yeah, I'm a surgeon, but taken. I'm a part of the Venom technical team. I'm mostly A-Team lead developer myself.
Like let's say I'm doing a Venom Bridge, our cross chain bridge solution and also I'm taking part in many other activities on Vietnam, like a lot of research and development, some of the compiler issues, some of the network issues. So yeah, once again, happy to see you all.
**Sashko🇺🇦**
OK, thanks for the intro. So let's start.
Could you please tell us a little bit about Venom Network? What is it, how is it and how is everything is with the development and it's?
**Sergey Potekhin**
Yeah, sure. So let's begin. As many of you probably know, we have recently launched the VENOM test net. It is in public. So in a few words, the VENOM network is non VM network. First of all, we should keep that in mind. It is asynchronous network where all the transactions are asynchronous one of the.
Most important features is the sharding support. So we have quite a lot of performance, you know, once we will cover it lately I guess. Yeah, we have a lot of, you know, nice and fancy features like account abstraction right out-of-the-box, some cryptographic primitives.
I guess we will talk a lot at this AMA about how to efficiently write smart contracts like build the centralized apps on a VENOM network, because it's a little bit different from what I used to in EVM network, let's say Etherium or maybe Solana, which is also also pretty different. So yeah, let's cover some of this.
Features.
**Sashko🇺🇦**
No, OK, just to not miss really important things. As I know sharding is one of the key feature of Venom networks. So let's start from basics. What is the sharding and why? It's a really cool solution to manage and store data on distributed computer.
**Sergey Potekhin**
Yeah, sure. Let's go. So as many of you probably know. let's say etherium decided to scale its performance by using the roll ups and there are there it's nice but there is another way to achieve high performance blockchain this is called sharding so our idea
**Venom Developers**
Predict which shirt are you going to validate like in the next round or so. So the sharks are not static. It has Sergio has said we don't have, we currently don't have the data sharding. It means that validators still have to store all the history from the Genesis blog and all the like all the transactions and messages. But our dynamic sharing allows multiple multiple smart contracts to be executed in parallel and their execution will be validated by different validator.
Upsets which allows well for a like a super high performance compared to like a classic network such as Etherium or Bitcoin. You know it allows us to execute multiple transactions at the same time because the Lord will be spread across different subset of validators. Sorry for the interruption, just for clarification.
**Sashko🇺🇦**
Sorry Ohh yeah amazing. So basically it's like a multicore computer which can execute several type of of.
Process in one time, but how? How is? How is it more efficient than EVM? Do you have some numbers? How much transaction per second you can execute and? Do you have some insights from that?
**Hacken🇺🇦**
if the if the question is well overall i would i would just make it a bit a bit more general is how how different it is to to a theorem from the point of scalability and well the bandwidth of things that can be happening at the same time like number of transactions and maybe other. If the if the question is well overall I would I would just make it a bit a bit more general is how how different it is to to a theorem from the point of scalability and well the bandwidth of things that can be happening at the same time like number of transactions and maybe other number wise.
**Sergey Potekhin**
Ohh, yeah, I see. So first we haven't launched the main net yet. So we're still expecting the battle test. But we have launched the test and there was a quite a lot of users. As I remember we got almost 400000 wallets from our test net programs participants and I'm I'm not, I'm not sure about the exact numbers, I guess they've been posted somewhere.
In the Venom network. So social pages, but there are like thousands of transactions per second, that's for sure.
**Sashko🇺🇦**
Also as a as he knows that the TBM using different another standards of contracts from Etherium, like Etherium has ERC-20 but Venom using TIP-3 standard instead. What is the difference between them as they are same or or and it's just a naming or they're different in What is the difference between them? Are they are same or or and it's just a naming or they're different in codebase?
**Sergey Potekhin**
That's a great question. So let me explain a little bit. So as I told the idea of the Venom network, why is it? Performance is that you can evenly distribute the loads once some contract. Usage goes up. Let's say there is some single point like use the T smart contract, Yeah theorem. And you can see that once there are a lot of UDT transfers, there is a bottleneck on this specific smart contract. So idea of probably any any, any application built off venom is that you should build a very specific architecture. That allows your application to be shared across all the network, all the shards. So for example our TIP-3 token standard is extremely different from the ERC-20 standard. The idea is there is no no single contract, single point in the network which holds all the requests like all the transfers and so on. Instead what we have is the.
Separate small smart contract for every token holder. Let's say you have one and I I have another one and once we're doing the token transaction, I'm sending you one used. See then my small contract is called talking wallet in our documentation sense the direct like Peter P message to your talking wallet and it tells you're talking well, is that OK?
Them another one and I'm sending you one used T Then they are performing some security checks because you know you can't trust everyone who is pretending to be a legitimate talking. Well it's and once it's done then your balance is updated and mine is updated too. So the idea is that instead of having one huge smart contract holding all the transactions, you better have a lot of thousands or as many as you need.
Small smart contracts which in case of high network loads can be distributed evenly across all the validators and that's for sure will give you. This approach will give you more efficient applications in case of network.
**Sashko🇺🇦**
And which impact it has to gas calculation, I mean that in transaction on EVM you should interact with contracts and it will increase gas usage a lot, but how it's different in our case?
**Sergey Potekhin**
Yeah, right. So now in Venom, first of all, we don't have the dynamic gas price. It is remained constant constant. So basically it won't affect the gas price. Instead what may happen is that if there are a lot of load on the network, then the network will be split like in two shorts, 4 shards and any other amounts. And in this case there is some latency between.
In case your transaction occurs in different shards, like first you're interacting with contract in short A, then you're interacting with a smart contract in short B and so on. And this case this cross Shard transactions they're adding a little bit latency. This is the difference. So on a a huge network loads transactions may go slower will be, you know, confirmed.
Slower than in case of. For a network free of close.
**Sashko🇺🇦**
Yeah, really really interesting. I talked about deep for the standard I I think it's for non fungible tokens. Yeah. Do they work in the same way or?
**Sergey Potekhin**
Yes, yes, pretty much. Yeah. So what we're trying to achieve is the NFT standards, pretty same as EVM standards with the same fields and so on. But for the same reason I explained before, you can't have a huge smart contract which holds all the token holders and so on. So instead we are creating a new smart contract.
Which represents the separate NFT and the the the the same way if you are transferring this NFT to. If you're transferring your NFT to another guy, then what's happening is that there is only one contract involved, one separate contract, no one else is is not affected by this transaction. So you're just changing the owner in your specific NFT smart contract and everyone else probably don't even notice.
That's you transferred your NFT. So yeah, the the whole idea about this architecture is pretty much the same as in case of TIP-3 talking standards.
**Sashko🇺🇦**
So basically it just changing the metadata in NFT token. Yeah during the transfer.
**Sergey Potekhin**
Yeah, right. This is a separate smart contract, one contract per NFC. And transferring means changing the NFT owner directly in this smart contract.
**Sashko🇺🇦**
Yeah, basically it's really different from if you're solution for using smart contracts. So what is the main language for TVM?
Say reading documentation it's threaded solidity. It's kind of. Framework for Solidity or what is it?
**Sergey Potekhin**
Yeah so speaking about the languages, we have a few, but I would personally recommend you to use threaded Solidity or T-SOL. You may find right the documentation and a lot of examples on GitHub SO.
If you are looking at three that solidity, most of the time it reminds you the regular solidity from a theorem. It has the same keywords or the same syntax, you know, same function modifiers, things like this. But, and let's say we can imagine that you're using threaded solidity and you're implementing the contracts the way you are doing it in Ethereum, let's say you can implement the the your seats. 2014 standards in Venom there is no problem but this.
On a real test during the real work, it's would probably be inefficient smart contract, so your users won't be happy with this architecture. So yeah, once again, third Solidity is pretty much the same as regular solidity. It has some very specific keywords, few of them let's say. We can talk about synchronicity as a next topic, but the the key.
Difference is not the language, is of the architectural approach to designing your smart contracts.
**Sashko🇺🇦**
And what about tooling for that? Do you have already idea? Plugins, debuggers, Compilers.
**Sergey Potekhin**
yeah yeah
**Sashko🇺🇦**
Yeah.
**Sergey Potekhin**
Yeah yeah we have all all of them are. Personally I use the Jetbrains idea and I know for sure that we have a plug in with a syntax highlighting and so on. I guess we have support for different ideas to. So speaking about selling I know that everyone is used to hard head and foundry. This is the reason why we created our own developer framework. It's called Lock Lift and.
It's heavily inspired by hard heads, so if you are familiar with this one, there will be no problem for you to start building on Venom. We have all the same type of operations, test support, TypeScript support, even the plugin support. So yeah, by the way, you can develop any type of plugin for the lock lifts. As you may know there are many of very useful plugins for hardheads and foundry too.
So yeah, I guess our developer infrastructure is quite good.
**Sashko🇺🇦**
i think that there's will be happy to see to hear that because a lot of them using hard hat cause hard hat is one of main
**Sergey Potekhin**
yeah yeah me too
**Sashko🇺🇦**
I think that there's will be happy to see to hear that because a lot of them are using hard hat, cause hard hat is one of main, yeah.
**Sergey Potekhin**
Yeah yeah me too. Ohh. That's the reason we we have chosen it because all the team is familiar and their approach to like scripts, plugins, tests, deployments.
Many, many other features there's they're all really nice and implemented in her head, so we are tried to do as as familiar infrastructure as possible.
**Sashko🇺🇦**
yeah easy on boarding for devices one of main
**Sergey Potekhin**
Yeah, exactly.
**Sashko🇺🇦**
Yeah, easy on boarding for devices. One of main feature which needed. Yeah for for new projects because.
To onboard them as fast as possible to start building something new. You mentioned about asynchronous, am I right? Could you please tell us more about it?
**Sergey Potekhin**
Yeah, it's very interesting topic. So first let me give you an example. Imagine that you're having a transaction in a theorem which goes through, I don't know, 2 smart concerts, right? And 1st it interacts with smart contract A, then it interacts with B and if something happens during the BE interaction, let's say some revert occurred, then the whole transaction.
Will be reversed like the state changes in a will be reversed 2 and you have at atomicity during the whole transaction. It's either a confirmed you know as a whole piece or nothing of its is committed to the state. In case of venom it's pretty it's pretty different. Our whole idea is you may already understand from there sharding.
Is that we have a small pieces of transaction and they're not.
Atomic. So let's say in case of Venom, if your transaction interacts with two smart contracts then we revert on a second step doesn't mean and it won't revert the changes that occurred during the interaction with smart contract A. So it's pretty much the same as actual model is if you're familiar with it or if you've been working with the early JavaScript and Node JS.
You may remember how the callbacks are working like you're sending the request and you are waiting for some response.
Also you have some error handling. It's called Unbounce special function. You may want to read about it in our documentation. So yeah, the idea is that you can't expect the atomic confirmation of transaction. It will happen like one step by step.
That this is all there there. So it's also quite different from the way you're working. You're designing your Ethereum smart contracts because.
You can be sure that you know it either happens or not. Let's say we can imagine the flash loan smart contracts and the personal. I'm not sure even if it isn't even possible to implement it in case of Vietnam network. Because you know, to implement flash loan as we know it, we need an atomicity, we need to be sure that money will be returned. And so it's quite an interesting idea, you know.
Is to take a look. It's even possible in case of Venom because of the asynchronous nature.
**Sashko🇺🇦**
Yeah, interesting. You mentioned flash loans. So I said next topic will be security in the network.
have you done any audits already on which stages are you right now
**Sergey Potekhin**
Umm.
**Sashko🇺🇦**
Have you done any audits already? On which stages are you right now and?
**Sergey Potekhin**
Yeah, great question. Right now we are doing audits on all our core protocols, let's say the bridge as I remember it's on the final stage of the audit. Also the decks which is called were through world is also been outdated. I'm not sure if it's published already or not, but it will be then the our staking.
Ohh application.
Was outdated too, I'm pretty sure. So yeah, we are considering security very seriously.
At some point of time we will outdid the whole protocol and you know all the components which makes it up.
So yeah, yeah.
**Sashko🇺🇦**
Ohh excellent I'm I'm really inspired about sharding solution, but I'm really interested in does it possible to?
Attack it like civil attacks or 51% attack? Or if I will own more than half of Shard, will I be able to run my own transaction and approve them?
**Sergey Potekhin**
Ohh, yes, yes, for sure. It's like the same as any other blockchain you know. If you're owns 51% of theorem validators, then for sure you can execute whatever you want. The problem is that it's.
Pretty much economically impossible to achieve such a high parts of the whole validating power so...
**Venom Developers**
you can Yeah, can I introduce here so during.
**Sergey Potekhin**
parts of the whole validating power so i'm like i guess it's not Parts of the whole validating power. So I'm like I guess it's not possible.
**Venom Developers**
There is a. There is a small but very important detail about this 51% attack. And in that you don't know in advance which chart are you going to validate and you don't know in advance which validators will be selected to validate this certain chart. So basically this. This is almost technically impossible. You will need like. I don't know more than 95% of validators to perform this attack. Why? Because you need to make sure that you and.
And gradually date there. So like your your set of validators is validating the same chart and you don't know you don't even know the set of validators that's going to validate the certain charity you don't with your validators like you you have like 51% let's imagine. So yeah it's a very it's a very it's not going to happen that only yours. So. So it's likely that some real validators are going to be present in your shower.
And they're not gonna sign it and and they're gonna report you and you know and and soon you're gonna be slashed. We don't have slashing working right now as I speak but you know there will be slashing working. So that is like very important part that yeah, technically speaking if you have majority, if you have 2/3 to be precise, not 51% but 66 because it's Byzantine fault tolerant. So if you have 66% and yeah you can technically if you're lucky enough.
To be on the same Shard with all your validators validating this exact chart and nobody else, then Yep, strictly speaking you can form the block with a with non-existent transaction then. Yeah, but the chances of this are like very unlikely, because not only you have to grab the consensus by having 66% of them, but you also have to make sure that you're lucky enough to validate the shorter the certain.
Heard that at the certain time with your uh like malicious validators. Sorry for interruption, hope it was like clear and interesting detail in their case.
**Sashko🇺🇦**
Yes, thanks a lot for an answer I can be called now. So yeah, really, really worth very interested about it. OK, I think that.
The last topic for now will be do you have any grant programs for for developers at that moment or are you planning some of them may be a hackaton so coming in near future.
**Sergey Potekhin**
As I as I'm aware there is hackathon ongoing right now, so you can take a look at the Venom Foundation Twitter profile. There are all the information related to the hackathon. There are great price pool, interesting tasks, so I'm personally inviting every every developer to join us. I guess there is some. Grants program, but I'm not aware of any details of it. So yeah, maybe Sergey from the Vietnam will ask answer this question.
**Venom Developers**
uh yeah OK sure so we have a grant program which is not related to hackathon i'll not speak about it a lot you can just visit vino dot foundation and you know scroll to the grants and there will be a form that you have to fill and that's pretty much it and one of our representatives will just contact you regarding your application and this MSA is about hackathon that is currently ongoing you can find the information about it on hackathon dot venom dot
Uh, yeah, OK, sure. So we have a grant program which is not related to hackathon. I'll not speak about it a lot. You can just visit vino dot foundation and you know scroll to the grants and there will be a form that you have to fill and that's pretty much it. And one of our representatives will just contact you regarding your application. And this MA is about hackathon that is currently ongoing. You can find the information about it on hackathon.venom.net.
uh yeah OK sure so we have a grant program which is not related to hackathon i'll not speak about it a lot you can just visit vino dot foundation and you know scroll to the grants and there will be a form that you have to fill and that's pretty much it and one of our representatives will just contact you regarding your application and this MSA is about hackathon that is currently ongoing you can find the information about it on hackathon.venom.net
Work the the price pool is more than two 100K at this time and some hacking audits will be given to us. Three winners, three winners as well. I mean we have 3 tracks and winners in these tracks will also get 3. Hockey now did so Well I guess that's it from me regarding hackathon, it's it has just started like only couple days ago and so I'm inviting everybody.
Drawing because you have time until 10th of June, so almost a whole month. Yet you have time on the 10th of June to submit your projects and well, I stand a chance to win the prize by submitting your application. Thanks.
**Sashko🇺🇦**
Yeah, thank you. Just to remind, thank you for all our listeners. Please follow we Venom Twitter account to not miss any updates. Please follow hacking and hacking proof accounts as well. And don't forget to leave your question in in comments, we will answer for them real soon.
And my last question for Sergei, can you give us some insight about upcoming mainnet, where we can wait for that? When can you share some info about it?
**Hacken🇺🇦**
the the i'm unfortunately sergei is not on the stage of to to be able to answer this question
**Sashko🇺🇦**
Ohh sorry.
**Hacken🇺🇦**
the the i'm unfortunately sergei is not on the stage of to to be able to answer this question i'm currently
The I'm unfortunately Sergei is not on the stage of to to be able to answer this question. I'm currently looking at the possibility of adding him back.
**Venom Developers**
What? While we're out, I can answer that. So uh, As for the launch of PEN that nobody, I mean literally nobody from Vietnam team will tell you the exact date and the reason is that nobody really knows. So we obviously want to launch it as soon as possible in like in the nearest future that the reason like you know this is the network is already working. Yeah, but since we're regulated by a DJ, there are some legal things that.
Needs to be done before the launch of the main net. A lot of things have to be fixed in place and we're also tell well we started the test that to make sure that the products that we're going to run the ecosystem once such as Bridge, decentralized exchange, Web 3, dot world. So we we must make sure that all the core ecosystem products are working. Everything is nice and dandy before we start. So I can definitely tell that everybody's here and they don't team wants to like.
Very hyped about that and obviously we are also interested to get it going as soon as possible, but nobody would tell you the exact date at this time. We're actively working towards delivering you the main net like as soon as possible. And so I can convince you it's going to be this year like this is 100%, so it's not going to take long, but unfortunately I cannot stick to the to a certain date here. Hope that. Answered it.
**Sashko🇺🇦**
Yes. Thank you for your seizure answer. Yeah. Totally understand your point. Yeah. You you you need to be pretty sure that everything is going is really ready to go. So we wait for that moment where is our community of course. So yours love can you.
Read some questions from yeah.
**Hacken🇺🇦**
and yes we have of course our and yes, we have. Of course our audience has little left. A few decent questions, and the first one is from at Youth Snake. What is the present state of the Venom Network developer community like, and what tools are there for Web 3 developers?
**Sergey Potekhin**
OK so as I told regarding the tools, there are Lock Lift which is a developer framework. For the same as hard heads there are. There is a solidity compiler and the documentation so some other infrastructure tools like block explorer. Also there are a few core products that you can integrate with during your hackathon.
Projects like Breach Exchange and so on. So.
**Hacken🇺🇦**
How are the fees on the Venom network comparing to Etherium?
**Sergey Potekhin**
I would say that there are. Extremely low comparing to a theorem, especially now I'm not sure about like cents per token transaction metric, but I would say that it is extremely cheap. I don't know like less so than a dollar for sure per token transaction, few times less.
**Hacken🇺🇦**
Fair enough. OK, Another question from the chat. How does the vendor network handle the storage and transmission of data, particularly sensitive information like financial data or personal information?
**Sergey Potekhin**
Well, it depends. Not on the VENOM network I would say, but on the application developers. So generally speaking, it's not a good idea to put your sensitive information to a blockchain since it is, you know, public and available to everyone.
So venom does not require any of your personal information to be used.
**Hacken🇺🇦**
Awesome. In the event of a malicious validator, what are the immediate steps taken by VENOM blockchain to mitigate potential damage?
**Sergey Potekhin**
So for now, on the test net there is a small set of validators because you know we're still testing it after on the main net.
I guess I'm I'm not sure about our position on a publicity in case of validators, but generally speaking there are stakes, there are slashing. So you know, once the validator starts to act, starts to misbehave, then it's going to be slashed, that's for sure.
**Hacken🇺🇦**
Great. I hope that answers the question from the audience. Uh, alright. Moving to the to the next one, can you describe any built in protections that Vandam has against quantum computing threats?
**Sergey Potekhin**
That's a tough one. i i've unfortunately i can't
**Sashko🇺🇦**
yeah
**Sergey Potekhin**
i i've unfortunately i can't maybe
**Hacken🇺🇦**
Yeah, that's a good one.
**Sergey Potekhin**
I I've unfortunately I can't. Maybe Sergey can say.
**Sashko🇺🇦**
yeah i really like that question like i'm pretty sure that every blockchain scared about quantum computer and
**Venom Developers**
well you
**Sashko🇺🇦**
Yeah, I really like that question. Like I'm pretty sure that every blockchain scared about quantum computer and whole cryptography.
**Venom Developers**
well you know the main problem is quantum stuff is proof of
**Sashko🇺🇦**
Yeah.
**Venom Developers**
Well, you know the main problem is quantum stuff is proof of work systems. Yeah. And we're not proof of work. So while it's very, you know, it's it's a tough question to handle regarding TVM primitives and execution of smart contracts. But generally speaking quantum computers are not let's say not not dangerous Trevino, you know that they're introduction. It's not going to change anything that like anything. Specific to security and validation process in venom.
**Sashko🇺🇦**
I I mean that whole cryptography is scared about quantum computer because there are some myths that it is. It would be possible to brute force any hash in the in in any chain, so all your private keys will be built for certain things so.
You don't think that, Ohh.
There is some protection about it, but let's see how it will go in the future.
**Hacken🇺🇦**
Yeah, that was a great one from the audience. OK, moving on to the next one, is there any effort from Bantam to train non developers to become developers? If the answer is yes, how can interested people join the program?
**Sergey Potekhin**
So since I'm working with the people who are already developers, I'm not aware of this program. Maybe Sergei knows anything for my personal view i would just
**Venom Developers**
Well.
**Sergey Potekhin**
For my personal view, I would just propose you to read the documentation you know, as usual, because it's it's well done. I think you know you can without previous programming experience. Just dive in and in a few few few weeks you will be ready to go.
**Venom Developers**
Yeah, we don't have like any special like something like program for new developers. We're actively working towards encouraging new developers to join the platform by having a good documentation. We get, we get stuff like venom dot guide. If anybody is listening to me right now, you can just visit Vietnam dot guide for like quick onboarding guide to dive deeper into the venom and deploy your first smart contract quickly. So while there is no special.
Program again. There is hackathon that is ongoing right now as we speak. It has started just like 2 days ago. So I'm inviting everybody who wants to develop something convenor to join the hackathon and register and you'll get you'll get help from community developers, you get help on Discord and Telegram, you know materials to start your own. Note things to things like the repositories, everything you know, so like all the guides and we get workshop.
Patients and five Q&A, so I welcome everybody who wants to build on BUILD. I'm just you know the the the hackathon is a good entry point because you'll get a lot of help and you can exchange information with other fellow fellow developers who are also participating. So now it's now is a great time to participate.
**Sergey Potekhin**
Yeah, I agree the hackathon is the best place to take stars. If you're in YouTube development, there are mentors all over, you know other participants, so just feel free to join
**Hacken🇺🇦**
Yeah.
**Sashko🇺🇦**
Also on the main page of random documentation there is a bit of several main contracts examples, so you can use them. Try them and it's also a good starting point.
**Sergey Potekhin**
Yes, exactly.
**Hacken🇺🇦**
Yes, certainly. Because a lot of people who are not developers and they're asking about, oh how can they become, I know, Bug bounty hunter, how can I become a developer? They are expecting the answer like, OK, you just go to this website and you go from A-Z and you will become one. But it's not, that's not how it works. You have to find people that know more than you. You have to learn and networking is a is a blessing in this Internet era.
That we're living in right now. So of course make sure guys, if anyone is interested, make sure to check Vanam developers to Vanam Foundation. Certainly, certainly you will find a whole lot of data about how you can participate and how you can learn.
**Robert**
Hey guys, let me chime in here for a second before we jump off. First of all, huge shout out to the hacking community, Been reading the comments, they're awesome. And my name is **Robert**, I'm I'm with Venom and I've been organizing a lot of the hackathon. And just to touch on the last point that you guys were discussing about.
Programs for for beginners. This is something that we're actively discussing, so it's definitely on our radar. Venom has made a huge commitment to developers and so we're going to spend a lot of resources starting with the hackathon and then going forward to make sure that we're training and retaining developers and all that. So we're very excited about the hackathon and just quickly on that, just to add a little bit more detail, even though as Sergey mentioned, you can go to hackathon dot venom
$225,000 in prizes. We got 3 tracks, so one of them is Web 3 NFT and gaming. So you can do a lot of fun stuff there. Then we have DFI and stable coins and CBDC's and then we have tools and infrastructure. So as you all know, because you've been here for 30 minutes now, we are just on the test net, right. So we we launched into the hackathon right away. We want to make sure that we stay true to the commitment that I just mentioned, right, which is about making sure that developers feel welcome an
About being able to build on a chain that has the latest tech and doesn't have the drawbacks of early chains. And so I think the tech is obviously an exciting part, but also the sort of vision and the mission of Venom and everything that we're doing. And you know, we just announced a pretty exciting partnership with the government of Kenya the other day. And so I encourage you to not just look at the tech, but look at what we're doing. You know this, this is a chain that's going to be around for
You should seriously consider, you know, looking into the the hackathon and the other thing that I'll mention on that because you guys mentioned about non devs. We are actively, actively, actively encouraging non devs to participate in the hackathon as well. Because in my opinion, of course the developers are the first and foremost what we need. But in my opinion, a good project is also going to have marketers, designers, project managers, community managers and things of that nature. So if you
By all means, again, go to hackathon, Venom Network, just sign up. And a lot of the action I would say is going down in Discord. And we're again, on the commitment to developers. We're doing everything that we can to make sure that we give you the help that we need. So I've been playing matchmaker, making sure that people are finding teams that they can get involved with. We're gonna set up one-on-one conversations between the mentors and the teams that are actively building. And yeah, that's ju
Fantastic spaces here everyone. And again, shout out to the hacking community. I've been reading the the comment section and some of the questions are very sort of thoughtful and I appreciate it. And by all means feel free to keep the questions coming. Thanks guys.
**Hacken🇺🇦**
thank you Robert thanks for such an insightful dive on the on your ambition and your engagement in the face of the community and developers that's actually really great to know that the newer layer one or i actually like as as venom sorry it might be weird question for the
Thank you Robert. Thanks for such an insightful dive on the on your ambition and your engagement in the face of the community and developers. That's actually really great to know that the newer layer one or I actually like as as Venom. Sorry, it might be a weird question for the end of the AMA session but.
**Robert**
Layer zero. I know what you're gonna ask.
**Hacken🇺🇦**
exactly all right all right you won't you won't even let me ask it of course thank you because because that that was necessary all right
**Venom Developers**
well you know the
**Hacken🇺🇦**
Exactly. All right. All right. You won't, you won't even let me ask it. Of course. Thank you, because because that that was necessary. All right. So.
**Venom Developers**
Well you know the right answer for this is that the VENOM is layer one of its own layer zero solution. So like VENOM is it's blockchain of blockchain of its own. Because we we asked the layer zero platform and VENOM blockchain not like Venom, the whole VENOM platform. Venom blockchain is the 1st L1 solution for its own L0 platform if you understand what I'm trying to say here.
**Hacken🇺🇦**
Yeah, we have to go deeper. This is a third level of inception, but of course I'm pretty sure that people that have been staying on such technical you may for 50 plus minutes they are capable of grasping this concept honestly. But yeah 3053 minutes in we still have a 300 listeners. Thanks everyone who's joining in who's been sending their messages asking questions guys.
It was a very fruitful conversation and personally for me I found out a whole lot of interesting things about Venom. So make sure that if you want to have the most recent updates on the ecosystem and its development, follow Venom Foundation and follow Venom, Venom deaths and of course US Hacking, we provide cybersecurity.
To Web3 to make it a better place, to make it more clear and transparent and friendly phrase place for everyone. So if if you're interested in new tendencies and the cyber security in Web3 and the transparency, make sure to follow Hacking Club because you'll find a whole lot of information on that. And of course we are.
We are doing such regular AMA sessions on the weekly basis, so if you are interested in hearing more info from much diverse developers then please have that subscribe hit that follow button and yeah, I think I think it was.
I think it was totally, it was, it went absolutely great and the majority of questions from the audience were duplicating from to some extent. So we've basically went through all of them. So if there is anything that you that our guests would want to add as a show or like give any shoutouts final words, then I think it's just the perfect time.
**Robert**
Yeah, and just quickly for everyone, I dropped the link for the hackathon in the comment section here, but thanks guys, great job.
**Hacken🇺🇦**
Thank you, Robert
All right. Any any last words? Any shoutouts? Special thanks.
Before we before we wrap it up.
**Sergey Potekhin**
yeah thank you
**Sashko🇺🇦**
ohh i think yeah
**Sergey Potekhin**
Yeah. Thank you, so.
**Sashko🇺🇦**
Ohh, I think, yeah. Yeah. Thank you. Thank you everyone. Thank you for our listeners. Yeah.
**Sergey Potekhin**
Thank you, guys. Thank you, Hawkin, and thank you.
**Sashko🇺🇦**
Thank you for an invitation and thank you for your answer. Sergei and all team. We have a lot of insightful information today, so see you soon.
**Hacken🇺🇦**
All right, guys. It was a pleasure to have you here. Thanks everyone once again. And to Duluth. Take care. Have a great end of the week and a great weekend ahead.
**Robert**
Thank you guys. Ciao.
**Hacken🇺🇦**
Take care. Bye, bye.