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The list of the first batch of award winners for the Sun Yuchen Prize is now under public notice for 14 days, and the on-chain prize pool address has been credited with 10 million USD

According to official news from the Sun Yuchen Prize, the first batch of award winners has officially entered a 14-day public notice period starting September 19. The topics currently under public notice are questions number 305, 371, 381, 526, 866, and 1001, among which candidates for questions 305, 371, and 381 are formal verifiers, candidates for questions 866 and 1001 are mathematical problem solvers, and question 526 has candidates from both roles. The public notice information has been made available on the official GitHub candidate registration form, and the public can submit formal challenges.It is reported that the Sun Yuchen Prize is the world's first zero-trust decentralized academic reward mechanism based on a list of questions, with a maximum single-question prize of 1 million US dollars. On the day of its establishment, the first batch of 66 mathematical problems was announced, with the highest prize of 1 million US dollars awarded to the OpenAI research team in recognition of their solution and formal proof regarding the "existence and smoothness problem of the three-dimensional Navier-Stokes equations." At the same time, the prize operating organization also announced the on-chain address of the prize pool, which has already deposited 10 million US dollars. After the public notice period ends, the prize will be distributed in USDT (TRC20) or USDC (ERC20), and the winners will also receive certificates and medals.

first_img Ripple: Asset management institutions are preparing for the payment upgrade Batch V1.1 of the XRP Ledger

According to CoinDesk, Ripple stated that asset management companies and other commercial projects are preparing to use the Batch V1.1 feature of the XRP Ledger. This feature allows up to eight transactions to be combined into a single operation and ensures that all transactions either succeed or fail in an all-or-nothing manner, avoiding situations where one party completes settlement while the other fails.This upgrade is expected to support Delivery Versus Payment (DVP) transactions, allowing asset transfers and payments to be completed simultaneously, while also enabling exchanges, wallets, and market platforms to directly attach service fees to customer transactions for processing.RippleX Engineering Director Ayo Akinyele mentioned that some projects are already being developed around Batch, and once activated, it will bring related work closer to a production environment. Specific partners and launch times will be announced once plans are finalized. The amendment has received support from 30 of the 35 tracked validators on the XRP Ledger, exceeding the 28 votes required to enter the activation countdown. The countdown began on September 15, and if the validator support rate remains above 80% within 14 days, Batch V1.1 is expected to be activated shortly after September 29.Previously, researchers discovered serious flaws in the Batch V1 signature verification process in February, which could prematurely stop checking signatures under certain conditions, allowing attackers to unauthorizedly include transactions from other accounts. The developers subsequently withdrew the original version. Since the amendment had not yet been activated at that time, the vulnerability code did not run on the live ledger, and no funds were exposed.
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