CEO's $1M Bounty Challenges Blockchain Teams to Outpace Supra's EVM

Supra, a Layer-1 blockchain backed by Coinbase Ventures, has announced the opening of applications for its MultiVM TestNet, a critical step in its mission to revolutionize blockchain scalability and DeFi execution. The move coincides with the expansion of its SupraEVM Beta Bounty program, which now includes a $1 million personal challenge from CEO Joshua Tobkin to validate the performance of its proprietary parallel EVM execution engine, SupraBTM.

The SupraEVM Speed Challenge invites developers and research teams to demonstrate a faster, verifiably correct EVM-parallel execution engine than SupraBTM. Tobkin has pledged up to $1 million worth of his own $SUPRA tokens as a reward, emphasizing transparency and public validation through reproducible benchmarks. To claim the bounty, participants must process 100,000 consecutive Ethereum mainnet blocks on commodity hardware, achieve a 15% performance improvement across multiple thread configurations, and publish open-source, auditable results. No team has yet surpassed SupraBTM's benchmarks, which have been tested against competitors like Monad in public trials.

Supra's architecture integrates execution, consensus, and infrastructure into a vertically aligned framework, enabling its AutoFi system to automate financial processes using AI oracles and cross-chain messaging. The platform's native Proof of Efficient Liquidity (PoEL) protocol further enhances capital efficiency by allowing stakers to both secure the network and provide liquidity. By prioritizing deterministic scheduling and conflict-aware execution, Supra aims to address long-standing scalability bottlenecks in decentralized applications, real-time gaming, and AI-driven autonomous agents.

The testnet expansion and bounty program underscore Supra's commitment to fostering innovation through open competition. Jon Jones, Supra's CBO and co-founder, highlighted that the project's architecture is "reproducible and testable against any known parallel EVM engine," reinforcing its position as a leader in high-performance blockchain solutions.