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11 Reflections From EthCC 2024 About The Ethereum Ecosystem

BlockChainGuardian Staff

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11 Reasons Why EthCC 2024 Was The Best Yet

EthCC7 in Brussels, Belgium. Sandy Carter, COO of Unstoppable, and Founder of Unstoppable Women of … [+] Web3 and AI

Sandy Carter

The Ethereum
Ethereum
Community Conference Brussels this year included a diverse lineup of speakers, an array of side events, and a sharp focus on the future of onchain activities, EthCC cemented its position as one of the world’s premier events for Ethereum enthusiasts.

The vibrant energy was evident from the moment we walked through the doors; we were greeted by an atmosphere of innovation. Participants from around the world gathered to share insights, forge new connections, and explore the cutting-edge developments in the blockchain space.

Here’s my highlights of what makes a high quality and memorable Ethereum event.

1. Organization And Atmosphere

It’s a tricky balance to blend deep technological insight and a fun, engaging atmosphere. With most events, it’s either one or the other, but EthCC 2024 pulled it off superbly. Attendees appreciated the thoughtful layout of the venue, the variety of food options, and the effective use of space, which allowed for both intimate discussions and large keynote presentations. The organizers did a commendable job of ensuring that every detail was taken care of, from efficient registration processes to smooth transitions between sessions.

As a veteran of countless industry events, I know how important it is to give speakers and attendees space to breathe, rather than rushing through the program. The energy was palpable, making it a pleasurable and highly stimulating event for all. The conference space was designed to foster networking and idea exchange, with comfortable lounges, interactive installations, and vibrant exhibitor booths that showcased the latest innovations in the blockchain industry.

Bettina Boon Falleur, EthCC

Bettina Boon Falleur

At EthCC 2024, Bettina Boon Falleur, Head of EthCC event, highlighted the significance of the event in fostering community and driving forward the Ethereum ecosystem.

“EthCC stands proudly within the Ethereum community and we are excited to return with bigger and better plans for this year,” she told me in an interview. “What began as a modest gathering has evolved into one of the largest ETH conferences, highlighting our commitment to creating and sustaining strong community bonds”​

2. Onchain Everywhere

Onchain was the buzzword of the conference, replacing older terms like Web3 and decentralization and permeating every aspect of EthCC. The shift emphasized the importance of blockchain-based activities in everyday life, signaling a future where onchain interactions become the norm. The conference highlighted numerous practical applications of onchain technology, and how it’s already beginning to revolutionize various industries – and not just the ones you’d expect.

Base Cafe, Coffee Onchain at EthCC

Sandy Carter

For example, two of my personal highlights were onchain coffee and onchain tennis shoes. If that sounds like a gimmick, you couldn’t be more wrong. Onchain coffee experience enabled participants to trace the entire supply chain of their cup of coffee, ensuring ethical sourcing and sustainability. Onchain tennis shoes provided a digital certificate of authenticity and ownership, enhancing consumer trust and reducing counterfeit products. Those are just two applications which show onchain is poised to take over the world, providing effective solutions to real problems, and transform everyday consumer experiences.

3. Vitalik Buterin: The Unassuming Keynote

Vitalik Buterin, co-founder of Ethereum, took the keynote stage without introduction, immediately engaging the audience with his humility and humor. He discussed Ethereum’s approach to responding to 51% attacks in a more automated manner, strategies for quantum resistance, and the simplification of protocols.

Both Vitalik and Joseph Lubin, co-founder of Ethereum, reflected on the state of Ethereum a decade after its creation, providing valuable insights into its past and future. Butrin’s candid discussion about the challenges and successes of Ethereum resonated deeply with the audience. He emphasized the importance of community involvement and collaboration in overcoming technical hurdles and driving innovation. He was funny, engaging, and knowledgeable.

The Creators of Ethereum

Sandy Carter

His vision for a more resilient and accessible Ethereum network inspired many attendees, sparking discussions about the future direction of blockchain technology. The keynote was a testament to Butrin’s continued influence and thought leadership in the crypto space. If only more tech keynotes were like this!

4. Embracing Diversity

This year’s EthCC made significant strides in promoting diversity. The conference featured more women on panels, showcased a global perspective, and embraced diversity of thought. This inclusive approach was a welcome change, highlighting the community’s commitment to fostering a welcoming environment for all.

Panels and discussions included voices from underrepresented groups, bringing fresh perspectives and innovative ideas to the forefront. The conference also hosted workshops and sessions focused on empowering minority communities in the blockchain space, addressing barriers to entry and promoting inclusive growth.

For example, at the Metamask Side event, the event was very well represented with diversity of all types. Sandra Fransciso, Ecosystem Engagement Manager at Consensys, and Liz Bazurto, Ecosystem Manager at Metamask, both had panels with 40% women that I watched or participated in!

Liz told me, “At the Metamask “Building” Onchain event, we worked to ensure that all our panels had diverse views and perspectives. This helped to make the entire event more valuable to our community”

Metamask “Building” Onchain event with Sandra Francisco moderating

Sandy Carter

By prioritizing diversity, EthCC demonstrated its dedication to creating a more equitable and representative industry, where everyone has the opportunity to contribute and thrive.

5. Over 500 Side Events

EthCC 2024 wasn’t just about the keynotes: it also boasted an impressive lineup of over 500 side events. From Metamask’s onchain innovations to AWS’s advancements in AGI and Somnia’s and Pudgy’s vibrant parties, there was something for everyone. These events ranged from technical workshops and hackathons that catered to every level of experience and expertise, to social gatherings and networking mixers.

Participants could explore new technologies, collaborate on projects, and build lasting relationships with peers and industry leaders. The abundance of side events ensured that attendees could tailor their conference experience to their personal and professional goals, making EthCC 2024 a truly enriching event with a true sense of community. And after all, that’s what Ethereum is.

Stacy Quackenbush, Founder and CEO, Hive3

Stacy Quackenbush

As Stacy Quackenbush commented, “Speaking at the Google side event during EthCC 2024 was an incredible opportunity to highlight the transformative power of our community platform, Hive3. Our goal is to harness the decentralization of blockchain to build a more connected and empowered community. The engagement and enthusiasm at the event were truly inspiring, reinforcing my belief that platforms like Hive3 are pivotal in driving the next wave of digital collaboration and innovation. It’s about creating a space where individuals can come together, share ideas, and build something greater than the sum of its parts.”

6. BUIDL

The mantra of ETHCC 2024 was undeniably “buidl.” This year’s conference was a testament to the thriving culture of innovation and construction within the blockchain community. The event was a hub of activity, with hackathons, showcases of new companies, and the unveiling of cutting-edge blockchains and applications. Startups and established firms alike took the stage to present their latest projects and prototypes, demonstrating the rapid pace of technological development in the industry.

The exhibit halls buzzed with excitement as entrepreneurs pitched their groundbreaking ideas, developers collaborated on code, and investors scouted for the next big opportunity. Hackathons were a highlight, providing a platform for creative minds to build, test, and launch new solutions in real-time. These competitions fostered a spirit of collaboration and pushed participants to explore the full potential of blockchain technology.

ETHCC 2024 underscored a collective drive to build a decentralized future where technology empowers individuals and transforms industries. The relentless focus on innovation and progress was palpable, with every corner of the conference echoing the ethos of “buidl.” This environment not only highlighted the current advancements but also served as a catalyst for future growth and development in the blockchain space, inspiring attendees to continue pushing the boundaries of what’s possible.

7. Games, Games, Games

Gaming was a significant focus at EthCC, with many discussions centered around designing permissionless games for the crypto space. Blockchain represent a new frontier in gaming, enabling a range of benefits from enhanced gameplay to the ability to create new communities, from decentralized governance and game development to new revenue streams for gamers, developers and platforms alike.

Panels and workshops explored the technical and economic aspects of building and sustaining blockchain games, highlighting the opportunities and challenges in this rapidly growing sector. The enthusiasm for gaming at EthCC underscored its potential to drive mainstream adoption of blockchain technology, engaging a broader audience and fostering a vibrant ecosystem of players, developers, and investors.

8. Community Over Utility

If EthCC had one theme running through it, it was the importance of community, pushing even utility into second place. The ethos of EthCC emphasized that a strong, engaged community is crucial for the success and longevity of any blockchain project. This community-first approach fostered a sense of belonging and collective purpose among attendees. Panels and discussions highlighted the role of community governance, collaboration, and support in driving innovation and overcoming challenges. The Pudgy Penguins have such an amazing community that was showcased again and again at EthCC!

Pudgy Penguin members from Europe and Luca Netz CEO from Igloo Inc.

Sandy Carter

As Lou Kerner, Founder of @CryptoOracle_, and CryptoMondays. commented, “A community is an ecosystem where everyone gets more out of it than they give.” Lou started Crypto Mondays and it has over 70K members as of today.

Attendees shared stories of grassroots initiatives, open-source projects, and community-driven development that have shaped the blockchain landscape. The emphasis on community reflected a broader trend in the industry, recognizing that technology alone is not enough to sustain growth; it must be supported by a dedicated and passionate community.

9. Highly Technical Content

While EthCC 2024 was rich in technical content, it did lack a bit in other types of materials. The focus was heavily on the technical aspects of blockchain and cryptocurrency, which was great for developers and tech enthusiasts but left some other participants wanting more varied content.

Sessions delved into complex topics such as protocol optimization, smart contract security, and scaling solutions, providing deep insights for those with a technical background. However, there was a noticeable gap in content tailored to business leaders, policymakers, and newcomers to the blockchain space. Future conferences could benefit from a more balanced agenda that includes a wider range of topics and perspectives, ensuring that all attendees find value and relevance in the content presented.

10 The Rise of AI And Blockchain Integration

Inevitably, one of the hottest topics at EthCC 2024 was the increasing integration of AI and blockchain technologies. Sessions and panels discussed how AI can enhance blockchain applications, from improving smart contract functionality to optimizing supply chain management. Companies showcased innovative solutions that combined AI’s predictive capabilities with blockchain’s transparency and security.

In chatting with Kumardev Chatterjee, CEO of Blue Hat Founders, he said “AI and Blockchain integration is inevitable and not just for operational / process aspects, but in fact, to really deliver impactful results at a lower cost of acquisition. The challenge though is that both technologies have a long way to go to win the public trust and that’s something that tech and industry need to focus on as a priority to achieve these results”

Kumardev Chatterjee, CEO, Blue Hat Founders

Blue Hat Founders

For instance, AI-driven analytics tools were presented to help predict market trends and automate trading on decentralized exchanges. This fusion of AI and blockchain opens up new possibilities for efficiency and innovation, and EthCC 2024 highlighted several groundbreaking projects leading this charge. The discussions emphasized that AI and blockchain together could revolutionize industries by providing smarter, more secure, and more efficient solutions.

11. Safety Concerns

Despite the positive atmosphere, there were safety concerns reported during the conference. Several attendees were targeted by robbers while exploring the city, prompting organizers to advise against displaying conference badges in public. These incidents highlighted the need for increased security measures at such large-scale events.

Organizers responded by enhancing security protocols, including increased visibility of security personnel, secure transportation options, and awareness campaigns to inform attendees about safety precautions. While these measures helped mitigate risks, the incidents underscored the importance of prioritizing attendee safety and security at future events. Addressing these concerns is crucial to ensuring that participants can fully engage with the conference without fear or distraction.

Final Thoughts

EthCC 2024 in Brussels was a vibrant, insightful, and community-driven event that celebrated the achievements of the Ethereum network and looked forward to its future. From thought-provoking keynotes by industry leaders to the energetic side events, the conference offered a comprehensive view of the current state and potential of blockchain technology.

The diverse lineup of speakers and the emphasis on community, innovation, and onchain activities provided a rich tapestry of experiences and knowledge. As we move towards an increasingly onchain world, the lessons and innovations from EthCC 2024 will undoubtedly shape the next wave of developments in the blockchain space.

Packed house at EthCC

Sandy Carter

The conference not only highlighted the transformative power of blockchain technology but also reinforced the importance of collaboration, diversity and, above all, community in driving the industry forward. Additionally, the growing intersection of AI and blockchain demonstrated the limitless potential for future innovations, promising even greater advancements in the years to come.

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We are the editorial team of BlockChainGuardian, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on BlockChainGuardian, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Ethereum

Ethereum (ETH) Whales Are Getting Incredibly Bullish: Details

BlockChainGuardian Staff

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Ethereum (ETH) Whales Are Getting Incredibly Bullish: Details

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our editors are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial loss incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.

Ethereum (ETH) Whales are making major moves in the cryptocurrency market, suggesting strong bullish sentiment despite short-term price volatility. According to crypto analyst Ali Martinez, these big investors have accumulated over 126,000 ETH in the last 48 hours, or about $440 million.

In a tweet, Ali wrote: “Ethereum whales have accumulated over 126,000 ETH in the last 48 hours, worth around $440 million.”

According to CryptoQuant CEO Ki-Young-JuWhales may be preparing for the next move in the market. Ju wrote in a tweet that “whales may be preparing for the next rally in altcoins.” He noted that the volume of limit buy orders for altcoins, excluding Bitcoin and Ethereum, is increasing, indicating that strong buy walls are being put in place.

Ethereum’s recent developments, including the recent launch of Ethereum spot ETFs in the US, appear to have increased its appeal among large holders, known as crypto whales. Ethereum recently celebrated nine years since its inception, and as the ETH network continues to evolve, it is likely to attract more institutional interest.

Related

Ethereum (ETH) Surges 449% on Surprising Whale Activity Amid Market Drawdown

According to data from Farside Investors, fund flows into U.S.-listed Ethereum spot exchange-traded funds turned net positive daily for the first time since their inception on July 31, primarily due to a decrease in outflows from the Grayscale Ethereum Trust.

Ethereum Price Drops Due to Market Crash

Bitcoin and Ethereum, along with the majority of other crypto assets, appear to be underperforming during Thursday’s trading session.

According to CoinMarketCap dataAt the time of writing, Bitcoin’s price was $64,034, down 2.77% from the previous day. Ethereum’s price is down 4.21% from $3,175, where it was 24 hours ago. Several cryptocurrencies were posting larger losses; Solana’s Dogwifhat was down 12% in the past 24 hours, and PEPE was down 7% in the same period.

According to CoinGlass, price followers have led to the liquidation of $225 million worth of derivatives contracts over the past day.

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Ethereum

Ethereum (ETH) Price Hits $50,000? Target Updated by Analyst

BlockChainGuardian Staff

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Ethereum (ETH) Price Hits $50,000? Target Updated by Analyst

Extreme skepticism from Ethereum (ETH) detractors has prompted a veteran researcher to double down on Ether

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Ethereum (ETH) proponent and AI enthusiast Adriano Feria has presented an extremely optimistic Ether price prediction. After the reaction of skeptics, he reconsidered the target, increasing it by 100%. His views are aligned with those of major institutional players, according to recent data.

Ethereum (ETH) bullish hypothesis should get us there: researcher

Ethereum (ETH) could hit $50,000 early in the current cryptocurrency market cycle. At the same time, a “bullish scenario” could push the price of the second-largest cryptocurrency to six-digit values, Web3 and AI educator Adriano Feria told X.

In a tweet shared with his 14,000 followers, Feria stressed that he is confident in the promising prospects of Ethereum (ETH) despite the massive wave of hatred against Crypto X. The doubters will regret their skepticism, the researcher admits:

If you hold ETH today, you are truly part of the global elite, because the bullish scenario for ETH should take us to $100,000. You think this is a joke, but there are real financial institutions around the world that have set bullish targets that are close to this. And no, this is not a joke.

Three days ago, he “increased” the $28,000 per ETH prediction published by Eric Conner, a veteran of the Ethereum (ETH) ecosystem and co-author of EIP 1559.

These ultra-bullish statements come amid growing disbelief triggered by ETH’s weak short-term performance.

The second-largest cryptocurrency failed to take off following the launch of the Ether ETF in the United States. At press time, Ethereum (ETH) was trading at $3,311, down nearly 6% from the local peak set after the ETF launched on July 23.

Insane BTC and ETH Price Predictions Released Every Day

As previously reported by U.Today, in February, Feria noted the rapid increase in popularity of ETH staking based on on-chain data.

In recent days, more and more analysts are sharing incredibly high predictions for Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies.

For example, US asset management heavyweight VanEck has suggested two scenarios for the price of BTC in 2050.

The most optimistic scenario sees BTC surpassing $52 million per coin, while the $2.9 million mark is considered a “baseline” scenario by VanEck.

About the Author

Blockchain analyst and writer with a scientific background. 6+ years in computer analysis, 3+ years in blockchain.

I have worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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Ethereum

Lloyd’s of London-backed insurance policies can now be paid in crypto on Ethereum

BlockChainGuardian Staff

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Lloyd's of London-backed insurance policies can now be paid in crypto on Ethereum

Lloyd’s of London, the three-century-old insurance marketplace, is supporting digital asset protection policies curated on the Ethereum public blockchain that can be paid for natively, on-chain, using cryptocurrency, through Lloyd’s Coverholder Evertas and smart contract insurance provider Nayms.

Not so long ago, any kind of cryptocurrency insurance coverage Finding solutions was difficult. Aside from the efficiency benefits of paying for insurance policies in cryptocurrency and using blockchain to streamline the burdensome paperwork of intermediaries, a consortium of Lloyd’s of London syndicates backing cryptocurrency-native, on-chain insurance shows how far the industry has come in the last two years.

“We’re enabling people using public blockchain infrastructure to interact with traditional, highly regulated, fiat-backed institutions in a transparent way,” Evertas CEO J. Gdanski said in an interview. “Whether it’s paying in USDC or native cryptocurrency, or placing policies entirely on-chain with blockchain helping coordinate between a broker, the policyholder, and insurers, we believe this is a foundational infrastructure.”

Nayms, a digital marketplace where brokers and underwriters connect with crypto capital investment, is a play on Lloyd’s “names,” the collection of individuals and companies that underwrite risks in the historic insurance market.

“The native cryptocurrency expertise we bring to the underwriting process gives us a deep understanding of the risks we insure,” Nick Selby, the company’s head of European underwriting, said in an interview. “It means we’re very explicit about what we do and don’t cover, and we can pay insured claims faster than anyone else.”

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10 Years of Crypto Innovations! Here’s How Buterin Sees the Future of Ethereum!

BlockChainGuardian Staff

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10 Years of Crypto Innovations! Here’s How Buterin Sees the Future of Ethereum!

2h45 ▪ 3 min read ▪ by Eddy S.

At the EDCON2024 conference, Vitalik Buterin unveiled the future directions of Ethereum, with a focus on innovative application development and wallet security. He presented promising projects and innovative ideas to improve privacy and accessibility for cryptocurrency users.

Ethereum’s new innovations by Vitalik Buterin!

Vitalik Buterin delivered a key speech on the future of Ethereum in the next ten years. He stressed that the priority of the crypto blockchain will now be to develop applications. Some of the already successful applications include decentralized finance (DeFi), decentralized identities (DID) with the Ethereum Name Service (ENS), DAOs and NFTs.

Vitalik also highlighted several promising projects. These include the prediction market Polymarket, the social media aggregator Firefly, the wallet Daimo, and the voting tool Rarimo. These applications illustrate the diversity and potential of Ethereum-based technologies to transform various sectors of crypto.

Vitalik also proposed several innovative ideas to improve the security and accessibility of Ethereum wallets. One of his proposals is to encrypt the private key directly into the cell phone’s chip! Thus turning the phone into a secure crypto wallet. Another idea is to place part of the private key in a regulatory-compliant custodial institution, thus providing an additional layer of security.

Vitalik also mentioned the use of zero-knowledge (ZK) proof technology to link KYC information to the wallet. This approach would ensure the privacy of cryptocurrency users while meeting regulatory requirements.

Security and Privacy: Two Requirements for Cryptocurrency Users

These proposals aim to improve the security and privacy of cryptocurrency users while facilitating the adoption of the technology by a wider audience. By combining technological innovations with practical applications, Ethereum continues to position itself as a leader in the cryptocurrency and blockchain ecosystem.

Vitalik Buterin’s speech highlighted Ethereum’s many advancements and future prospects. With a focus on application development and innovative proposals for crypto wallet security, Ethereum is well-positioned to continue to grow and innovate in the years to come.

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Eddy S.

The world is changing and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in everything that is closely or remotely related to blockchain and its derivatives. To share my experience and promote a field that fascinates me, there is nothing better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts and opinions expressed in this article are solely those of the author and should not be considered investment advice. Do your own research before making any investment decision.



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