Review the Ethereal virtual summit

原文标题：《 一文回顾 Ethereal 虚拟峰会》

Original author: consent & consent; & have spent

On May 7 and 8, the first ever Ethereal virtual summit invited to more than 200 participants from around the block ecological chain, developers, entrepreneurs, corporate senior personage and industry leaders gathered, block chain industry issues in point of collision and cooperation each other in harmony, faces the wide community of pervasive encryption, content includes not only the important milestone in 2020, also covered the dimensions of the etheric fang ecosystems - from for Eth2 Staking to the license of the enterprise to DeFi applications.

If the theme of the summit could be summed up in one sentence, it would be that nothing as big as a pandemic or as small as a delayed outage in equipment could stop the community from trying to push blockchain into the mainstream.

As Joe Lubin emphasized in his talk with Mike Novogratz, both radical reformers and incremental reformers need to work together to "spread the good news to everyone."

1. & have spent The economic impact of covid-19 has awakened awareness of the potential of digital assets

"COVID is like a wildfire. When the spring breeze blows away the ashes, new life sprouts."

-- Angie Lau, chief editor of forkast. News

The prevailing view now is that the recent global economic crisis is a wake-up call for systemic change, especially the replacement of the financial infrastructure.

"Digital scarcity" and the use of ETH as "economic bandwidth" are frequently cited as issues of banknote issuance and dollar depreciation. As Mike Novogratz explains, "covid-triggered unprecedented fiscal and monetary effects." And they are not necessarily effective.

That's why central bank digital money (CBDC) is making waves in the banking world. As a blockchain application, CBDC aims to simplify payment channels and lower the barriers for individual citizens to use financial services.

Given the halving of bitcoin and the natural scarcity nature of ETH, many see this rare economic effect as a turning point for blockchain and digital assets to enter the global landscape.

2. & have spent Ethereum 2.0 phase 0 is the most anticipated milestone of 2020

"Eth2 is already on the horizon, just as it was a few months before Eth1 was released."

- & have spent Vitalik Buterin, co-founder of ethereum

The first phase of ethereum 2.0, or phase 0, is the core of the Eth2 system. Phase 1 will implement sharding, "splitting" the ethereum blockchain into 64 different parallel chains.

Joe Lubin emphasized that ethereum 2.0 is "available almost immediately." As Vitalik notes, "Eth2 will reduce transaction costs by a factor of 100, allowing you to do more at a lower cost." Eth1 will eventually exist in the Eth2 network as its own sharding.

When it comes to the economics involved in phase 0 and its new consensus mechanism, Staking is also getting a lot of attention. ConsenSys Codefi's Mara & consensual; Schmiedt and Carl Beekhuizen of the ethereum foundation have launched the ethereum 2.0 Launchpad, the ethereum foundation's official channel to pledge the ETH on the Eth2 chain. Launchpad is currently in the active development of a test network.

Danny Ryan of EF describes the complexity of the Eth2 system as "very complex and mind-exploding". "if the decision is to be made, it must be made."

In addition to testing Eth2, another current priority is to popularize Staking to users, including the basics, benefits, and risks. The Codefi team recently released the ethereum 2.0 Staking ecosystem report, which explores the willingness of ETH owners to pledge ETH and their motivations and concerns.

3. & have spent A significant ethereum 1.0 expansion solution is in place

"Today's blockchain is like the computer before Apple. SKALE's mission is to bring blockchain to the mainstream."

-- Stan Kladko, SKALE Labs CTO

SKALE Network is a flexible blockchain Network that focuses on side chains, is compatible with the ethereum main Network, and can run up to 2,000 transactions per second per chain. The team plans to launch the SKALE test network this month and prepare for the main online line in the coming months.

The SKALE Network will be launched on the Codefi Activate platform using a unique token mechanism called Proof of Use.

As SKALE CEO Jack O Holleran explains, "design around web health and put DApp first." Even with Eth2 on the horizon, an expanded capacity solution such as SKALE is a huge opportunity for ethereum to meet short-term network needs.

4. & have spent "Corporate ethereum" is also ethereum, and businesses simply add privacy and compliance on demand

"The technology is the same, but the difference is in the way it is deployed."

-- Yorke Rhodes, co-founder of the Microsoft blockchain project

Over the past few years, ethereum has made some key advances in privacy and licensing, with more and more companies turning to the open source ethereum blockchain to deliver low-cost, highly programmable, and resilient technologies. "We can think about it in a different way," says John Wolpert. "maybe boring traditional technology can be transformed."

Consensus engineering team PegaSys declared that the PegaSys Ethereum suite & privum; (including Hyperledger Besu, PegaSys Plus, and PegaSys Orchestrate) will launch the Microsoft Azure Marketplace.

In addition, the Microsoft blockchain development suite for ethereum is now directly supported by Hyperledger Besu. These new products will help enterprise developers easily use the platforms and tools they need to build licensed, dedicated ethereum networks that are compatible with the main network.

Wolpert, co-founder of the Baseline Protocol program, clearly points out the advantages of the ethereum master network: as an enterprise, it can "use the master network as a message bus to connect the recording system between itself and others".

5. & have spent The development team is "unlocking" the economic model of interest. DApp users can also conduct business directly from their ethereum wallet.

"With the Internet and an ethereum wallet, everyone can have their own small digital collection business on ethereum."

"-- Jeffrey Zirlin, Axie Infinity

Blockchain games have become the gateway for newcomers to enter the world of Web3. As Horizon Games' Peter Kieltyka says, "80% of our user base is people who have never touched blockchain".

Dapps that make money as games, such as SkyWeaver, where users can create and trade digital collectibles, are particularly popular. Combined with powerful scalable solutions such as SKALE, MetaMask mobile wallet and innovative economic models, the DApp ecosystem is expected to take off this year.

Why not try using the blockchain app supported by MetaMask wallet today?

6. & have spent & have spent Security is the DeFi's hanging sword

"I don't think it's a bad idea to promote community audits of DeFi applications because the economic risks are at stake."

-- Kyle Kistner, co-founder of bZx

& have spent In the DeFi segment of Ethereal, the most popular topic of interest was Jordan Lyall's first day discussion on the challenges of running and growing the DeFi platform: how can we encourage innovation while ensuring the security of our users' assets?

DeFi ecology reached the $1 billion milestone earlier this year, but has also suffered several attacks and global market turmoil. Open source tools such as DeFi Score have been created to help users gauge platform risk based on factors such as focus and mobility.

There is a general consensus in the community that the DeFi protocol team needs to conduct a comprehensive user research and intelligent contract audit, especially at a time when total assets are growing.

The DeFi protocol is the most active type of ethereum DApp. "Finance is the first best use case for ethereum," says DTC Capital's Spencer Noon. The commitment of decentralized financial platforms such as Compound and Uniswap to composability and full decentralization is admirable.

Joe Lubin unveiled DeFi on the first day, "the seemingly 'magical Internet economy lego' is just a collection of loans and transaction agreements. It's a Brave New World that everyone can use."

To pilot explorers in this Brave New World, we need to continually increase security, increase access, and increase platform risk transparency.

Easter eggs: Deepfake planted a time bomb for the Internet

"The United Nations intervened to take the video down."

"-- Kathryn Harrison, founder of DeepTrust Alliance

Kathryn Harrison shocked viewers with her cheap, super-realistic (deepfake) photos, which even led to her being cut off from YouTube, possibly for triggering Google's content terms.

DeepTrust Alliance is a global Alliance of nonprofit organizations that use blockchain technology to combat counterfeiting. Kathryn's speech was a wake-up call, as Itamar Lesuisse of Argent said, "decentralization is not just about ideas, it's about whether people actually trust the platform." And if falsification is prevalent, people will not be able to trust the authenticity of the content.

Decentralized verification systems can help people identify false and distorted information, which may not have been on the audience's mind before Kathryn's presentation.

In the face of covid-19, in the face of fragile systems, in the face of centralization, our fight is not over. But we have seen so many brave fighters who remain true to their original purpose. Thank you for your participation and dedication!

Original link:https://consensys.net

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia