Lit is a decentralized compute, encryption, and access control network powered by threshold cryptography.
With Lit, developers can automate signing, reading, and writing data to web3 decentralized networks like Ethereum and IPFS. Additionally, data can be private in these open web applications and only decrypted by authorized parties with Lit access control.
Lit offers two products, Prograblem Key Pairs (PKPs) and Decentralized Access Control. There is one bounty for each product!
🔑 Best use of Key Pair Apps + Tools — $2500
Lit Programmable Key Pairs (PKPs) are a decentralized distributed custody cloud wallet platform.
PKPs work in tandem with Lit Actions, which are JS functions that instruct the PKP to sign a txn or message to write to a state machine, such as Ethereum or IPFS.
For this prize, we're looking for tooling to be built on PKPs including SDKs for user-owned social networks, such as a token gated chat SDK for read and write, DeFi automation, and other ecosystem tools like explorers.
If you'd like to work on this prize, feel free to reach out to our team for guidance in forming the project idea at any point! PKPs are under active development and new features may roll out during the course of HackFS
🥷 Private Data on the Open Web — $2500
For this bounty, create a novel tool or application that uses Lit to store private data on the open web. Check out this guide for tips on how to implement it. In the past, teams have built products like token gated chat and unlockable NFTs.
To win this prize, the judges will be looking for uniquenesses and general applicability.