Original source: 0xcena

From May 21st to 23rd this year, the annual Ethereum Developers Conference EDCON was held in Montenegro. EDCON itself, as a non-profit global annual Ethereum conference, is held in different countries every year. It aims to serve the Ethereum ecosystem and enhance the connection and communication of the global Ethereum community. Previously, EDCON has been successfully held in Paris, Toronto, Sydney, Oslo, Vienna and other cities.

In recent years, the Montenegrin government has formulated a series of laws and regulations to support the development and operation of blockchain projects and enterprises. With the global popularity of blockchain concepts, Montenegro's excellent geographical location is expected to become a The bridge connects blockchain communities in different regions and cultures, and promotes exchanges and cooperation on a global scale, so Montenegro was also selected as the venue for this year's EDCON.

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Summary of Vitalik Buterin's talk

Vitalik believes that after two stages of development, Ethereum has gradually moved from theory to application, and can solve real-world problems. However, the current use cases are mainly focused on trading cryptocurrencies and NFT. The threshold is still the main factor hindering the development of the industry, so the blockchain technology itself still needs further innovation and upgrading in technology.

At present, the biggest challenges of Ethereum come from four aspects: privacy, security of consensus algorithm, security and scalability of smart contracts, which also represent the problems that Ethereum needs to solve in the future to make the operation of decentralized programs more efficient. Efficient and easy to access, at the same time, Ethereum will pay more attention to the security of user accounts and ensure the traceability of assets.

In terms of scalability, since every transaction has to be verified, this is the bottleneck of the current development of Ethereum and the bottleneck of scalability development. Layer 2, which has exploded in recent years, is also to solve these problems, such as Optimism, Arbitrum, Scroll, Taiko, Zksync, etc.

At the same time, Vitalik also explained from the perspective of users. He believes that the Ethereum Layer 2 solution is becoming more mature, and the compatibility of ENS and Layer 2 facilities is expected to provide analysis services for the entire ecosystem and improve the efficiency of ENS users.

Regarding wallet security issues, Vitalik shared his two perfect solutions by telling two examples of bitcoin theft: multi-signature (multisig) and social recovery (social recovery) to ensure wallet security, and multi-signature is suitable for cold wallets , social recovery is more suitable for hot wallets.

For the privacy issues of Ethereum, if you do not want to disclose account addresses and assets, the technology of stealth addresses (stealth addresses) is a good choice, which can generate temporary addresses to accept assets. However, if privacy is completely built, it will cause security problems, which requires a new solution: Proof of Innocence, that is, use the correct identity to do anonymous things.

Finally, Vitalik mentioned ZK-SNARK social recovery. He believes that ZK is currently the most important technology on Ethereum. Many projects currently need the support of ZK technology. It can take into account social recovery and privacy, and it is a safe encrypted asset management. plan.

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EthStorage Ethereum Storage Rollup (@EthStorage)

EthStorage is the first place in this EDCON, and it is a programmable dynamic storage layer 2 solution based on the availability of Ethereum data.

The second-tier storage infrastructure is a general direction of the second-tier sector that is ignored by most people. It is the same as the traditional second-tier logic. The original intention is to use the security of the Ethereum mainnet to achieve expansion.

The second-tier storage infrastructure is a general direction of the second-tier sector that is ignored by most people. It is the same as the traditional second-tier logic. The original intention is to use the security of the Ethereum mainnet to achieve expansion.

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EAS Ethereum Authentication Service (@eas_eth)

EAS (Ethereum Attestation Service, Ethereum Attestation Service) is a public product that enables anyone to attest to anything, on-chain or off-chain. Users simply register a schema (or use an existing schema) on any topic and use that schema for attestation.

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dappOS Web3 Operating System (@dappOS_com)

dappOS is a Web3 operating system and a member of the fifth season of Binance Incubator. Through public chain virtualization, account abstraction, SDK, DApp integration platform and other product technologies, developers can implement single deployment and multi-chain use. Users do not need to pay attention to cross-chain and other processes when using DApps, and directly interact with DApps on different chains from a unified account. One-click operation is simple, making DApps as user-friendly as Web2.0 Apps.

Currently, leading protocols such as GMX, Perpetual, Benqi, QuickSwap, MakerDao, Avalanche, KyberSwap, and zkSync have reached in-depth cooperation with dappOS. At present, dappOS is about to launch V2 version, which will introduce richer functions, and it is expected that more projects will be integrated with dappOS SDK.

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Asset Management Protocol on Aspis Protocol Chain (@AspisProtocol)

ASPIS is a no-code platform, users do not need programming knowledge, and can create custom asset management vaults through web page interaction, providing a friendly, transparent and safe passive investment alternative. Provides a set of tools for creating, raising capital and running Decentralized Autonomous Funds (DAFs), aiming to manage the relationship between vault creators/managers and investors by transferring the logic behind legal terms to smart contracts.

Currently, Aspis Protocol is recruiting testers for Beta testing of the decentralized asset management constructor.

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Cell Protocol Layer 3 Social Protocol

Cell Protocol provides a composable large-scale Layer 3 solution for Web3 social customization. The project description is grand, and the benchmarks are Lens Protocol, Momoka and CryberConnect, and the technical architecture is more complex.

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DataverseOS

The term Dataverse comes from a database developed by Microsoft. Dataverse was originally a web app that allows users to share and analyze data. Microsoft uses Dataverse as the data storage center for various services of Power Platform.

The DataverseOS team added the concept of decentralization to the original Dataverse, making DataverseOS a personal computer that provides native web pages for everyone.

Summarize

Summarize

After years of development, the development of Ethereum has gradually ushered in a bottleneck period, and the lack of scalability has also caused many people to criticize it. The entire EDCON 2023 also emphasized the large-scale application of Ethereum Layer 2 scalability solutions, and How will they affect the entire encryption ecosystem. Of course, this EDCON conference is expected to establish the industry infrastructure form and a development tone for the future development direction of the industry. The industry facilities are also expected to gradually change from the early reinvention of wheels and deep internal friction to a new trend that is closer to reality and easy to access and use. develop.