CEO Offers $1 Million Reward, Urging Blockchain Developers to Surpass Supra's EVM

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CEO Offers $1 Million Reward, Urging Blockchain Developers to Surpass Supra's EVM

Bitget-RWA2025/11/20 02:40

By:Bitget-RWA

- Supra launches MultiVM TestNet and expands its $1M SupraEVM Speed Challenge to validate its parallel EVM execution engine's performance. - CEO Joshua Tobkin offers personal $SUPRA tokens as rewards for teams surpassing SupraBTM's benchmarks through reproducible open-source testing. - The platform integrates execution, consensus, and infrastructure via AutoFi and PoEL to address blockchain scalability limits in DeFi, gaming, and AI. - CBO Jon Jones emphasizes Supra's architecture as "testable against any

Supra, a Layer-1 blockchain supported by Coinbase Ventures, has begun accepting applications for its MultiVM TestNet, marking a significant milestone in its pursuit to transform blockchain scalability and DeFi operations. This announcement aligns with the broader scope of its SupraEVM Beta Bounty initiative, which

now features a personal $1 million challenge

issued by CEO Joshua Tobkin to prove the capabilities of its unique parallel EVM execution engine, SupraBTM.

The SupraEVM Speed Challenge calls on developers and research groups to build an EVM-parallel execution engine that outperforms SupraBTM in speed and verifiable accuracy.

Tobkin has committed up to $1 million

in his own $SUPRA tokens as an incentive, stressing the importance of transparency and public scrutiny through reproducible performance metrics. To win the reward, contenders must process 100,000 consecutive

Ethereum

mainnet blocks using standard hardware, demonstrate at least a 15% speed increase across various thread setups, and release their results as open-source and fully auditable. So far, no participant has exceeded SupraBTM’s performance, which

has been benchmarked against rivals such as Monad

in open competitions.

CEO Offers $1 Million Reward, Urging Blockchain Developers to Surpass Supra's EVM image 0

Supra’s system merges execution, consensus, and infrastructure into a unified vertical stack, empowering its AutoFi platform to automate financial workflows via AI-powered oracles and cross-chain communication. The platform’s native Proof of Efficient Liquidity (PoEL) protocol boosts capital efficiency by enabling stakers to both secure the blockchain and supply liquidity. By focusing on deterministic scheduling and execution aware of conflicts, Supra

seeks to overcome persistent scalability challenges

faced by decentralized apps, interactive gaming, and AI-based autonomous systems.

The expansion of the testnet and the bounty initiative highlight Supra’s dedication to driving progress through open competition.

Jon Jones, Supra’s CBO and co-founder, emphasized

that the project’s design is “reproducible and can be tested against any existing parallel EVM engine,” strengthening its reputation as a frontrunner in high-performance blockchain technology.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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