This proposal enacts the new 1.10.0 runtime for Spiritnet. For more details about the new runtime, please check the [GitHub release notes](https://github.com/KILTprotocol/kilt-node/releases/tag/1.10.0), which also contains the output of the SRTool to verify that the code hash submitted as part of the proposal matches the hash of the new runtime WASM code.

The proposal outlines AngelHack's Polkadot Global Series: Europe Edition, aiming to foster engagement within the Web3 community. It recaps the virtual hackathon and in-person dotSocial event, detailing participant metrics, challenge tracks, and budget breakdown. Notable outcomes include 923 participants, 495 formed teams, and diverse track winners. Insights reveal strong interest in blockchain, desire for better mentorship, and clearer communication. Future improvements include enhanced team formation support, clearer guidelines, and expanded workshop offerings. Despite falling short of some registration targets, the event successfully engaged a diverse group and provided valuable learnings for future hackathons. AngelHack seeks funding for the event's execution, emphasizing its impact on developer outreach and project adoption within the Polkadot ecosystem.

Attract financial institutions to the Polkadot ecosystem.

1. There is a proposal to update the Spiritnet runtime to version 1.10.0.
2. The new runtime has some changes and improvements.
3. You can find more information about the changes in the release notes on GitHub.
4. The proposal includes a code hash to make sure the new code is correct.
5. This update will make Spiritnet work better.

#32 KILT Node 1.10.0 (Lovely Linker)