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“Bitcoin will do to banks what email did to the postal industry.”

— Rick Falkvinge, Founder of the Swedish pirate party

Hey readers 👋! I have been selected as a developer in this year’s Summer of Bitcoin 2022 program. Yay!! :stars: 👊 I made it into Bitcoin Internship**_ in my very first attempt.

I consider this as very another achievement after the successful completion of Google Summer of Code 2021.

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In this post, I will be discussing what exactly Summer of Bitcoin is and how this internship can help you to get excellent career opportunities in direction of the latest technology and its trends such as Blockchain and Bitcoin.

Bitcoin is a virtual currency designed to act as money that gives individual the power to control thier money without the need for traditional banking intermediaries. 💰

What is the Summer of Bitcoin? 🤔

The Summer of Bitcoin, often abbreviated as SOB is an International Annual Internship Program. It introduces university students to bitcoin development and designing in which Bitcoin award stipends to students who successfully complete coding project during the summer.

Summer of Bitcoin is a competitive event :computer: in which students apply to mentoring organizations and compete with other aspirants for their selection. The one who completes all the rounds and tasks provided in the selection phase gets selected for this internship.

Students who complete Summer of Bitcoin successfully get a handsome amount of $3000 dollars :dollar: as a stipend and Internship Certificate from Bitcoin :boom:.

Along with this many different swags such as Bitcoin hardware wallet (interesting), Hoddies etc are waiting for you.

Summer of Bitcoin Stats 📊

In 2022, 20317 applications came from all around the world for this internship, out of which only 82 participants were able to make it into this internship. After the release of stats, this made me feel great as well as overwhelmed for being one of the selected participants.

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Key Benefits of Bitcoin Internship - ☑️

  • Get to learn about the working latest technology trends and Bitcoin which is one of the world’s biggest monetary revolutions :dizzy:.
  • Handsome amount of $3000 dollars as a stipend along with internship swags 🤩.
  • Bitcoin Internship Certification :stars:.
  • Direct job referrals in Bitcoin companies around the world
  • Fundings for different Bitcoin based startups, get connected with investors and advisors
  • Open Source annual grants

Summer Of Bitcoin Journey ⬇️

After completing my Google Summer of Code 2021, I become more enthusiastic for working on challenging codebases and solving harder problems. One of my friend introduced me to Summer of Bitcoin.

Initially, I had no prior experience in blockchain and working of Bitcoin. I was able to crack screening round through my coding skills and elevated myself in the direction of Bitcoin and Blockchain by learning more about it.

During this time, I got to meet many different Bitcoin contributors from different parts of the world. It really excited me to give my best in this direction.

This is my acceptance letter from Bitcoin 🔥

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Project Details 📑

I will be working on making Bitcoin payments transactions smart with structured metadata with Alby Community. This is possible by extending the latest technologies such as WebLN and LNURL which are being build on top of the Bitcoin and Lightning Network.

The aim of this project is to extend existing standards such as Webln and lnurl to enrich transactions with additional information as structured metadata so that transactions containing static data contain more meaningful information giving more interactivity to the transactions.

Objectives 💻

  • Research different use cases which supports the concept of making transactions smarter with structured metadata.
  • Markup metadata so that it is structured and properly organized using specifications such as schema.org.
  • Writing specifications for extending standards such as Webln on client-side as well as Alby wallet side.
  • Implementation of the specifications in Alby.
  • Different prototypes demonstrating use cases.

For more, stay connected!!!

Best Regards ~ Pavan

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