Itaipu Hydroelectric Binacional will give Bitcoin as an event award

The event starts next week and will attract programmers to the online version of the competition.

Considered one of the five largest hydroelectric plants in Brazil, Itaipu Binacional will give Bitcoin as a prize to participants of an event. Aimed as one of the largest technology events in Brazil, Latinoware 2020 will start next week.

In 2020, Latinoware reaches its 17th edition, this time totally online due to the pandemic. The Latin American Congress on Free Software and Open Technologies is already a real reference of innovation in the country.

The event will start on December 2nd, with the end on the 4th. During the three days, there will be 110 lectures available to the participants, who will still be able to participate in challenges.

Those who know about programming, cyber security, among others, may win some Bitcoins.

Event promoted by Itaipu Binacional will give Bitcoin to challenge participants

Many people still can’t buy Bitcoin, but they are looking for ways to earn digital currency. And in some events over the past few years it has been possible to take part in challenges in exchange for digital currency.

Next week, even, Latinoware 2020 comes with another opportunity for those interested. With registration still open and free, participants will have the opportunity to win prizes in two competitions: CTF Challenge and the Hackathon LW2020.

The first, the CTF Challenge, will be divided into two stages, called „Jeopardy“ and „King of the hill“. In the case of Jeopardy, competitors will put their knowledge on information security such as reverse engineering, code analysis, encryption, web hacking, networks, among others, to the test.

Competitors will then be asked questions and answers on this challenge. Entries can be made individually or in groups in this competition to Immediate Edge. In addition, to participate you must choose to be either Jedi or Lord Sith, a joke with the movie Star Wars.

„The best runners up will receive prizes in bitcoins (BTC): 1st place (R$ 800.00 in BTC); 2nd place (R$ 700.00 in BTC); 3rd place: R$ 400.00 in (BTC); 4th to 10th place (R$ 200.00 in BTC),“ said the organization of Latinoware 2020.

The three best competitors in Jeopardy will also have the opportunity to participate in King of the Hill. In this competition, the competitors will receive a vulnerable computer and must reach the root user of the machine first. Whoever wins, gets another „Bitcoin ballad“.

„The time is much shorter and only the best ranked will receive the prize in bitcoins (R$2,000.00 in BTC),“ said the event when presenting the rules to participants.

Considering the price of Bitcoin today, where each unit of currency is already worth more than R$ 104,000, the King of the Hill winner will win around BTC 0.019 (R$ 2,000).

Whoever creates a digital solution to help jobseekers will also be rewarded

The second competition will be the Hackathon LW2020, which aims to encourage the creation of a digital solution for those seeking their first job. Developers and designers are invited to participate, either professionals or students.

Who can show an interesting idea to help young people, especially during the pandemic, could win up to R$ 4 thousand. Hackathon’s award, however, was not clear in the rules whether it will be paid in Bitcoin or Brazilian Real.

„The Hackathon Latinoware prize will be in cash for the three best ranks: 1st place (R$ 4,000.00); 2nd place (R$ 2,500.00); 3rd place (R$ 2,000.00),“ said Latinoware 2020