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Cryptedge Consults #011| Weekend Reads - This Year's EthCC [6] in Paris


Ethereum Community Conference (EthCC) [6] took place in Paris this past week and the Cryptedge team was fortunate enough to attend. Between meeting many of the great contributors to the ETH and DeFi space, the team was able to immerse itself in what was a week-long event that brought together industry professionals and experts from across the globe. The conference is known for its deep dives into the technical aspects of Ethereum and its ecosystem, and this year was no exception. Accordingly, there were several major announcements and developments that came out of EthCC 2023, and in this article, we will take a closer look at these highlights.


Background


The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community. This year, EthCC 6 took place from July 17-20 in Paris, France. The event was a hub of innovation, knowledge sharing, and networking for the Ethereum community. Here is an extended overview of the event, its highlights, and the key takeaways.


The conference was a four-day event packed with intense discussions, presentations, and workshops. The attendees ranged from Ethereum enthusiasts, developers, investors, and thought leaders from around the world. The event was a melting pot of ideas and innovations in the Ethereum ecosystem.


One of the key highlights of EthCC 6 was the deep dives into the technical aspects of Ethereum. The conference was known for its in-depth presentations and discussions on various topics related to Ethereum, including policy, blockchain, regulation, accounting, finance, and new technologies. The event provided a platform for the attendees to learn about the latest developments in the Ethereum ecosystem and the future direction of the platform.


Several significant announcements and launches took place at EthCC 6. For instance, the relaunch of the Polygon mainnet chain was one of the highlight events. The relaunch showcased the advancements in the Polygon platform and its potential to enhance the Ethereum ecosystem.


The conference also featured presentations from key figures in the Ethereum community. Vitalik Buterin, the co-founder of Ethereum, spoke about the potential of account abstraction on Ethereum. His talk, as reported by CryptoTvplus, outlined the challenges and opportunities of implementing account abstraction in the Ethereum ecosystem.


Moreover, the event was not just about presentations and discussions. EthCC 6 also provided opportunities for networking and collaboration. The attendees had the chance to interact with each other, share ideas, and form collaborations that could lead to future innovations in the Ethereum ecosystem.


In addition to the conference, several side events took place throughout the week. These events provided additional opportunities for learning and networking. For instance, the NEAR protocol team held a rendezvous at EthCC 2023, focusing on sustainability and the Blockchain Operating System (BOS), as detailed in their Medium post.


The impact of EthCC 6 extends beyond the four-day event. The discussions, presentations, and collaborations that took place at the conference are likely to influence the direction of the Ethereum ecosystem in the coming years. The event provided a glimpse into the future of Ethereum and the potential of blockchain technology.


In the end, EthCC 6 was more than just a conference. It was a celebration of the Ethereum community and the potential of blockchain technology. The event was a testament to the growth of the Ethereum ecosystem and the ongoing innovations in the platform. As we look forward to EthCC 7, we can expect more exciting developments and innovations in the Ethereum ecosystem.


Notable Takeaways


Lens V2 Launch


Lens Protocol introduced the details of their V2 upgrade at EthCC. The new upgrade, known as Open Actions, allows users and developers to bring their own smart contracts to enable any external smart contract actions on any Lens publication, even cross-chain activities. Lens V2 also introduces a new Profile Manager system that supports the ERC-6551 token standard, which lets users store NFTs inside of other NFTs. This means users can now store all the content they collect on Lens directly within their Lens profile.


UniswapX Unveiling


Uniswap unveiled its new UniswapX system at EthCC. This open-source protocol is designed to take crypto trading into next-gen territory. UniswapX relies on a new Dutch auction-based mechanism known as Dutch orders, where a trade order’s price starts higher than the current market price and gradually decreases over time, incentivizing “fillers” to execute the order as soon as it becomes profitable.


Chainlink's Cross-Chain Interoperability Protocol (CCIP)


Chainlink, the cryptoeconomy’s leading data oracle network, announced the launch of its Cross-Chain Interoperability Protocol (CCIP) on mainnet. The protocol, designed to facilitate seamless communication between different blockchain networks, initially supports Ethereum, Optimism, Polygon, and Avalanche.


Starknet Appchains


Starknet announced the launch of its Appchains at EthCC. These application-specific blockchains allow teams to create bespoke chains that retain benefits of the public Starknet, like its native account abstraction and extremely high TPS, while avoiding its congestion and being able to implement features not supported on the public chain.


Gnosis Pay and Gnosis Card


Gnosis introduced Gnosis Pay and Gnosis Card at EthCC. Gnosis Pay is a decentralized payment network for connecting web3 to mainstream payment systems, while Gnosis Card is a Visa debit card linkable directly to onchain, self-custodial wallets.


Mantle Mainnet Alpha


L2 project Mantle Network unveiled the launch of its mainnet alpha at EthCC. This early phase of the system is designed to provide developers with a platform to build and test their applications ahead of a full network launch at a later date.


Linea Mainnet Alpha


ConsenSys team also officially launched its Linea zkEVM alpha to the public. This “zkEVM” style is the next great frontier for the L2 ecosystem in the way that it combines zero-knowledge (zk) proofs with full Ethereum Virtual Machine (EVM) equivalence toward high accessibility and high scalability.


EVM Extends Reach


Tezos and Solana are both trying to make it easier for Ethereum developers to migrate to their chains and announced their improvements during EthCC week. Tezos introduced Etherlink at EthCC, an EVM-compatible solution that settles to the chain, meanwhile Solana announced Solang, a compiler enabling developers to write smart contracts on Solana in Solidity.


The advancements announced at this year's EthCC conference are pushing the frontiers of the Ethereum ecosystem forward across the board. As we continue to track these developments and their impact on the broader crypto landscape, it’s becoming clearer than ever that the future of Ethereum is poised to be teeming in all directions, from DeFi to web3 social!

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