As ETHDenver attracts to an in depth, builders throughout Web3 go away with new concepts, developments and utilities led by a singular and multi-hyphenated tradition and group excited about all the pieces from wallets to companies, privateness, dank sharding, people music, video video games and artwork.
ETHDenver attracts closely on its distinctive tradition
Cringe apart, individuals coming collectively irl is cool. To all of the haters:
The cringe music is now the costliest Tune A Day to promote in public sale.
5.5 eth, with just below a day to go.
Because of @CupOJoseph for the large swing! And let’s examine if @k06a comes again swinging! pic.twitter.com/1DlzwTKMuf
— jonathan @ EthDenver (@songadaymann) March 5, 2023
Privateness swimming pools and zero-knowledge roll-ups dominate tech-side
On the sidelines of ETHDenver, Ameen Soleiman revealed the launch of Privateness Swimming pools, a follow-up to the banned mixer Twister Money, which has been sanctioned by the US authorities and its founder imprisoned in Holland resulting from its affiliation with North Korean hacking teams. Soleiman, who goes by @ameensol on Twitter, claims that Privateness Swimming pools will allow customers to conduct personal and principally untraceable transactions whereas additionally discouraging illegal actions corresponding to cash laundering.
13/ Our demo is reside – https://t.co/Nt4b2Tgx1D
Now, customers have the choice to assist regulators isolate illicit funds, with out revealing their whole transaction historical past.
Let’s watch a short video of it in motion: pic.twitter.com/An9lWx6jfr
— ameen.eth (@ameensol) March 4, 2023
Zero-knowledge Ethereum Digital Machine (zkEVM) rollups additionally dominated a number of ETHDenver meetups. Polygon showcased their newest zkEVM rollup and even gave out some free Polygon swag. On what to anticipate from Polygon’s zk rollup, see CryptoSlate’s abstract of Jordi Baylina‘s current engineering and technical clarification.
Come and say hello and seize some cool swag @EthereumDenver #ETHDenver #zkDeFi #zkEVM @0xPolygonZK @0xPolygonDeFi pic.twitter.com/Hmr2DF9rav
— 0VIX (@0vixProtocol) March 3, 2023
ERC-4337: Ethereum Basis to announce new normal for account abstraction at ETHDenver
The Ethereum blockchain has deployed a brand new function known as “account abstraction” that might make it simpler for customers to recuperate their crypto in the event that they lose their personal keys. This new normal, known as ERC-4337, was deployed through a wise contract known as EntryPoint and has already undergone a safety audit. Launched throughout Walletcon within the week previous ETHDenver, the brand new account abstractions normal is an enormous enchancment on the order of magnitude drawback.
The rumors are true… ERC-4337 has been deployed on mainnet 🚀
🔍 Safety audit by @OpenZeppelin
🛠️ Bundlers and paymasters by @stackup_fi, @AlchemyPlatform, @biconomy , @etherspot, @candidewallet, @blocknative & extra
🏗️ $300K in grants by @ethereum pic.twitter.com/WOjMvaZe6M— erc4337 (@erc4337) March 2, 2023
LensProtocol doubles down on Web3
“I’d like to see entrepreneurs constructing small use instances and iterating. Many concepts will fail however the level is to construct quick, maintain iterating and studying. Lens makes it simpler and fewer dangerous to experiment,” stated Stani Kulechov, founding father of Lens Protocol, a decentralized social media enterprise geared toward connecting customers with their “digital roots.”
ETHDenver noticed the rise of DeFi approaches to all kinds of Web2 issues, social media possession and identification being just one.
Curiosity in L1s and DeFi protocols proceed
“Filecoin is the world’s largest decentralized storage community! Amassing that amount of {hardware} world wide is not any small process,” stated FileCoin Founder Colin Evran throughout a presentation at ETHDenver.
In Feb., FileCoin’s FIL token elevated by greater than 30%, led by curiosity in EVM’s and interoperability layer-1 protocols. Filecoin’s addition of a digital machine will remodel the community right into a fully-fledged layer 1 blockchain. In September, the community unveiled the FVM launch on the FIL Singapore convention, promising that the software program platform would assist a spread of user-programmable functions corresponding to perpetual storage, storage replication, restore automation, and liquid staking by way of block rewards. Moreover, FVM has the potential to allow the creation of data-centric decentralized autonomous organizations (DAOs), which might allow pay-per-view transactions and the event of Web3 video games, amongst different use instances.
And it wouldn’t be ETHDenver with out SBF rest room paper
The bathroom paper at ETH Denver. Good. pic.twitter.com/L7H2MVfUhs
— Autism Capital 🧩 (@AutismCapital) March 3, 2023
