Devcon has all the time been a residing reflection of Ethereum’s progress, challenges, and group ambitions. It showcases probably the most urgent matters, the most recent improvements, and the folks constructing the way forward for decentralized expertise. As Ethereum grows, so too does Devcon.
Two years in the past, proper earlier than Devcon VI in Bogotá, the Merge took Ethereum’s consensus from proof of labor to proof of stake. Devcon VI targeted not solely on the achievement of this milestone, but in addition on the subsequent improvements: early Layer-2 improvement, the introduction of Account Abstraction (AA), and the rise of zero information proofs (ZKPs) as an enlargement of Ethereum.
Quick ahead to at this time, Devcon SEA celebrated the ecosystem’s readiness to tackle the subsequent huge challenges. The content material demonstrated how far Ethereum has come, how Ethereum’s L1 and L2s have superior, how UX is enhancing, and the way second-generation cryptographic primitives are enabling new sorts of functions. The tone has shifted from addressing foundational challenges to leveraging Ethereum for real-world affect.
On this weblog put up, we’ll discover how Ethereum has grown since Devcon VI, what the important thing outcomes of Devcon SEA are, which challenges stay, and how one can contribute in order that we will rejoice the subsequent chapter of Ethereum after we meet for Devcon once more.
Trying again to Devcon VI: How far we now have come
Setting the stage, let’s replicate on the place we have been simply two years in the past: Devcon VI was held in Bogotá, Colombia, in October 2022. It introduced the Ethereum group collectively to deal with key technical and governance challenges. On the time, the Merge had simply occurred, and the occasion mirrored the celebration of this transformative milestone and targeted on rising progressive applied sciences.
Devcon VI launched main themes for the primary time, and phrases that many hadn’t been accustomed to again then:
- Zero Data Proofs have been launched to a lot of the Ethereum ecosystem. They have been simply turning into sensible and folks began to grasp their capabilities. There was no point out but of different cryptographic primitives like Absolutely Homomorphic Encryption (FHE) or Multi-Occasion Computation (MPC).
- Account Abstraction was new and simply introduced. Most individuals hadn’t heard of EIP-4337, which hadn’t been carried out at the moment.
- The Layer 2 ecosystem was in its early phases with just a few distinguished L2s like Arbitrum and Optimism, and the L2-centric roadmap was kicked off.
- Staking infrastructure was nascent and there have been nonetheless uncertainties, with staking withdrawals not but enabled.
- Censorship resistance, whereas an previous subject, was on everybody’s thoughts with discussions round OFAC compliance and Twister Money sanctions
Devcon SEA: Ethereum’s infrastructure is prepared, now it’s time for affect
Devcon SEA was held in Bangkok, Thailand, in November of 2024. Attendance doubled in comparison with Devcon VI (12,500 vs 6,000 attendees), demonstrating Ethereum’s progress and group energy. One main purpose of Devcon SEA was to deliver your complete Ethereum ecosystem collectively in a single place, foster collaboration, and cross-pollination, and realign the group to enhance Ethereum for actual use instances and affect on the world.
Since Devcon VI, the continued use of PoS plus different upgrades like Shanghai and Shapella have decreased power use, gasoline charges, and improved UX. The L2 panorama has expanded, with complete worth locked in Ethereum L2 networks surpassing 16.6 billion in November 2023. Ethereum’s integration of ZKPs has superior, and we now see extra real-world use instances, with DeFi and stablecoins maturing, and gaming, digital identification, quadratic funding, and prediction markets rising.
However over the previous two years, the Ethereum group has additionally debated its route and priorities. Whereas Layer 2s are key for scaling, the rise of latest L2s launched numerous subcultures, sparking discussions about tips on how to keep unity. Many known as for a return to Ethereum’s cypherpunk roots, specializing in privateness, decentralization, and credible neutrality – values that some felt have been overshadowed by viewing Ethereum as a product fairly than a protocol. There was a shared urgency to realign on a unified function.
Devcon SEA aimed to deal with these debates by inviting the perfect within the ecosystem to share their insights on probably the most related matters. Over 300 hours of content material from ecosystem consultants, 17 Neighborhood Hubs organized by the group, 70 Impression Areas, and 1000’s of conversations in between classes have been held within the lengthy hallways.
Devcon SEA sparked conversations about probably the most urgent challenges for Ethereum, controversies in addition to achievements, and a few huge bulletins have been made too. Justin Drake outlined his imaginative and prescient of a Beam Chain, and the Argot Collective, which is a brand new group embodying lots of our shared values of Ethereum, launched itself.
Learn on to find the most important outcomes of Devcon SEA, and which talks it is best to watch to stand up to hurry if you wish to contribute to the remaining challenges inside the respective matters.
Ethereum has scaled and Layer 2s are internet optimistic for Ethereum
Proto-danksharding, EIP-4844, blobs, and the roll-up centric roadmap – The scaling options highlighted at Devcon SEA confirmed how far Ethereum has come. Layer 2s, that are scaling Ethereum, see actual adoption. Every day person exercise has exploded in measurement, and the entire worth locked is rising steadily. We have now low charges, and you may ship 1, 100, or 1 million {dollars} for lower than a cent. All L2s are and will probably be secured by the Ethereum L1 Mainnet, which is sturdy and safe with over 1 million validators and has by no means gone down since its launch in 2015.
There’s nonetheless a lot to do to appreciate the rollup-centric roadmap, cut back fragmentation, and improve safety. Watch the beneath talks to determine tips on how to contribute to fixing these challenges for Ethereum’s subsequent chapter:
Ethereum is cypherpunk
Devcon SEA reminded us why we’re right here, and why we’re constructing a decentralized future, specializing in values like credible neutrality, privateness, censorship resistance, open entry, and a cooperative mindset. Devcon SEA had a full programming monitor devoted to this philosophy, and the Hacktivism Hub, organized by the group.
Talks to observe to maintain up with the cypherpunk manifesto:
Other than cypherpunk values, philosophy and ethos performed a giant position at Devcon SEA. With Aya Miyaguchi, the manager director of the Ethereum Basis, increasing on the philosophy of subtraction together with her speak “Redefining boundaries within the infinite backyard,” explaining how the Ethereum Basis works, and a full programming day devoted to d/acc (defensive acceleration), the philosophy first launched by Vitalik Buterin, specializing in Ethereum as a defensive expertise, accompanied by talks about biodefense, decentralized AI, neurotech, and public epistemics.
UX is preparing for mass adoption
ERC 4337, ERC 7683, EIP 7702, ERC 3668 are just some examples of how Ethereum is turning into prepared for customers. Gasoline charges are low, UX is enhancing, and Devcon SEA made us excited for Ethereum feeling like one chain once more. The group organized the Account Abstraction and Adoption Hubs and plenty of talks have been targeted on making Ethereum approachable to mainstream audiences.
Social restoration is simply the beginning. Watch the beneath talks to study how one can contribute to enhancing Ethereum’s UX, particularly should you’re growing a rollup or a pockets, to get on velocity with current developments in UX and Account Abstraction:
The time for real-world functions is now
Ethereum is for customers, and the app ecosystem has by no means been stronger than at this time, although nonetheless, we’re simply tapping into Ethereum’s potentialities for real-world functions. Ethereum is made for a lot of issues, and it’s a multi-purpose platform.
Ethereum is dwelling to its most mature use instances: DeFi and stablecoins. DeFi is monetary companies and instruments constructed on Ethereum that everybody on this planet has entry to and that give folks better management over their cash. Ethereum has a whole lot of groups engaged on DeFi protocols. Stablecoins, too, give each human the liberty to transact and ship worth wherever on this planet.
Ethereum can be the place new use instances occur and new issues are being invented, it’s “the place concepts enter manufacturing” (Josh Stark). We have now decentralized social platforms, on-chain video games, digital identification with ENS, Anon Adhaar, and zk passport, real-world infrastructure, quadratic funding with Gitcoin and clr.fund, and prediction markets like Polymarket.
In the event you have been questioning what are the apps which might be at present being constructed on Ethereum, or should you want inspiration to construct extra dapps, listed here are some talks to observe:
Economics of Ethereum and ETH
The discussions at Devcon SEA reaffirmed the non-speculative worth of Ethereum and ETH within the digital financial system, with its sound financial rules, sturdy incentives and alignment with long-term targets for decentralized ecosystems.
Talks to observe:
Second-generation cryptography permits new sorts of functions
Devcon SEA featured 1000’s of cryptographic plushy frogs, distributed by the 0xPARC workforce across the Frogcrypto Hub. Attendees collected frogs, and each time they scanned the QR code, they obtained a provable object knowledge (POD). Every Devcon ticket was a POD inside Zupass, an utility that allows customers to securely retailer and handle Proof-Carrying Knowledge (PCD). These cryptographic rules have been theoretical for a few years and are lastly turning into attainable, and mixed with Ethereum, we are actually in a position to construct functions that have been by no means attainable earlier than. Whereas at Devcon VI solely ZKPs have been on everybody’s lips, as of very current a brand new technology of cryptographic primitives like FHE and MPC are getting used to create decentralized, privacy-preserving computation and interoperability, unlocking progressive and sophisticated use instances for Ethereum-based client functions.
We’re solely now realizing how a lot is feasible with second-generation cryptographic primitives and potentialities are extending our creativeness. We’d like extra folks constructing and mixing ZKPs, second-gen crypto and Ethereum. If you wish to try this, watch:
Ethereum is frontier tech
Devcon SEA was additionally a platform for interdisciplinary collaboration, the place Ethereum was mentioned alongside different frontier applied sciences and within the context of the way forward for our society.
These classes highlighted Ethereum’s skill to encourage and combine with broader technological and societal challenges:
The Ethereum group is robust and world
The Ethereum group is just not solely rising, it’s increasing globally: At Devcon SEA, we welcomed 12,500 attendees with 60% experiencing their first-ever Devcon. Members represented 135 nations, making this probably the most world and numerous Devcon up to now.
The Ethereum group is just not solely numerous in nationalities and ethnicities – the pursuits, identities, and focus areas are manifold with builders, protocol researchers, stakers, degens, regens, activists, artists, educators, and plenty of extra being a part of the Ethereum group.
Devcon SEA featured 17 Neighborhood Hubs, from the DeSci Hub, World Majority Hub, and Onchain Creators Hub, to the Governance Geeks Hub, these have been manifestations of the range and methods to become involved within the Ethereum group. The Neighborhood Gardeners Hub targeted on Ethereum group builders from all all over the world. In 2024, 73 native Ethereum occasions in 44 nations have been organized across the globe. Our group is decentralized and world, as Ethereum itself.
Now’s your likelihood to form the way forward for Ethereum forward to Devcon 8
Devcon SEA was not only a snapshot of the place Ethereum stands at this time, it affords a imaginative and prescient of the place it may go tomorrow. Devcon SEA confirmed how Ethereum is bringing concepts into motion, and each participant carries the teachings realized at Devcon to proceed spreading the phrase and advancing Ethereum’s mission. And who is aware of, the subsequent individual to affect the way forward for Ethereum might have first realized about it at Devcon SEA.
Devcon SEA pictures and sources
- Discover pictures from Devcon SEA right here.
- You’ll be able to search and watch all talks within the Devcon Passport app.
- DEVAi is accessible to reply all Devcon-related questions, and can quickly have entry to all speak transcripts. You’ll be able to already get summaries of all talks within the Passport app.
- Need to share extra insights about Devcon talks? Go to the Devcon Collab Portal.
What’s subsequent?
Tl;dr:
- Devconnect 2025
- Devcon 2026
Devconnect is the opposite, fully completely different occasion that the Ethereum Basis organizes. Whereas Devcon is the massive occasion that brings everybody collectively in a single venue, Devconnect is extra decentralized. Devconnect includes many various occasions, targeted on completely different Ethereum matters, organized by consultants in these fields. Devconnect is the time to go deep into the subject you’re most accustomed to or wish to turn out to be an skilled in, and be part of day-long occasions targeted on that area.
The place will Devconnect 2025 and Devcon 8 happen? You have to to attend just a bit bit longer to search out that out, and within the meantime, you may create your proposal for Devcon, Devconnect, or different Ethereum occasions to happen in your metropolis.
Till subsequent time, xoxo
Deva the Devcon Unicorn & the Devcon workforce
