Devcon has at all times 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 individuals 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 following improvements: early Layer-2 improvement, the introduction of Account Abstraction (AA), and the rise of zero information proofs (ZKPs) as an growth of Ethereum.
Quick ahead to at the moment, Devcon SEA celebrated the ecosystem’s readiness to tackle the following large 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 kinds of purposes. The tone has shifted from addressing foundational challenges to leveraging Ethereum for real-world influence.
On this weblog submit, 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 have a good time the following chapter of Ethereum once 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 handle 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 acquainted with again then:
- Zero Information Proofs have been launched to a lot of the Ethereum ecosystem. They have been simply changing into sensible and other people began to grasp their capabilities. There was no point out but of different cryptographic primitives like Totally Homomorphic Encryption (FHE) or Multi-Celebration 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 levels 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 outdated matter, 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 influence
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 aim of Devcon SEA was to convey 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 influence on the world.
Since Devcon VI, the continued use of PoS plus different upgrades like Shanghai and Shapella have diminished vitality use, fuel charges, and improved UX. The L2 panorama has expanded, with whole 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 id, quadratic funding, and prediction markets rising.
However over the previous two years, the Ethereum group has additionally debated its path and priorities. Whereas Layer 2s are key for scaling, the rise of latest L2s launched numerous subcultures, sparking discussions about preserve 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 relatively than a protocol. There was a shared urgency to realign on a unified objective.
Devcon SEA aimed to handle these debates by inviting the very best within the ecosystem to share their insights on probably the most related matters. Over 300 hours of content material from ecosystem specialists, 17 Neighborhood Hubs organized by the group, 70 Impression Areas, and hundreds 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 large 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 main 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 web 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. Each day consumer exercise has exploded in measurement, and the overall worth locked is rising steadily. Now we have low charges, and you’ll ship 1, 100, or 1 million {dollars} for lower than a cent. All L2s are and might 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, scale back fragmentation, and enhance safety. Watch the beneath talks to determine 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 observe devoted to this philosophy, and the Hacktivism Hub, organized by the group.
Talks to observe to maintain up with the cypherpunk manifesto:
Aside from cypherpunk values, philosophy and ethos performed a giant position at Devcon SEA. With Aya Miyaguchi, the chief director of the Ethereum Basis, increasing on the philosophy of subtraction together with her discuss “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 changing 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 lots 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 when you’re growing a rollup or a pockets, to get on pace with current developments in UX and Account Abstraction:
The time for real-world purposes is now
Ethereum is for customers, and the app ecosystem has by no means been stronger than at the moment, although nonetheless, we’re simply tapping into Ethereum’s prospects for real-world purposes. 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 providers and instruments constructed on Ethereum that everybody on the earth has entry to and that give individuals larger management over their cash. Ethereum has lots of of groups engaged on DeFi protocols. Stablecoins, too, give each human the liberty to transact and ship worth anyplace on the earth.
Ethereum can be the place new use instances occur and new issues are being invented, it’s “the place concepts enter manufacturing” (Josh Stark). Now we have decentralized social platforms, on-chain video games, digital id with ENS, Anon Adhaar, and zk passport, real-world infrastructure, quadratic funding with Gitcoin and clr.fund, and prediction markets like Polymarket.
If you happen to have been questioning what are the apps which might be at the moment being constructed on Ethereum, or when 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 ideas, sturdy incentives and alignment with long-term objectives for decentralized ecosystems.
Talks to observe:
Second-generation cryptography permits new kinds of purposes
Devcon SEA featured hundreds 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 acquired a provable object knowledge (POD). Every Devcon ticket was a POD inside Zupass, an software that permits customers to securely retailer and handle Proof-Carrying Knowledge (PCD). These cryptographic ideas have been theoretical for a few years and are lastly changing into attainable, and mixed with Ethereum, we at the moment are capable of construct purposes 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 era of cryptographic primitives like FHE and MPC are getting used to create decentralized, privacy-preserving computation and interoperability, unlocking progressive and complicated use instances for Ethereum-based shopper purposes.
We’re solely now realizing how a lot is feasible with second-generation cryptographic primitives and prospects are extending our creativeness. We’d like extra individuals 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 means to encourage and combine with broader technological and societal challenges:
The Ethereum group is powerful and international
The Ethereum group shouldn’t be solely rising, it’s increasing globally: At Devcon SEA, we welcomed 12,500 attendees with 60% experiencing their first-ever Devcon. Members represented 135 international locations, making this probably the most international and numerous Devcon to this point.
The Ethereum group shouldn’t be 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 lots of extra being a part of the Ethereum group.
Devcon SEA featured 17 Neighborhood Hubs, from the DeSci Hub, International Majority Hub, and Onchain Creators Hub, to the Governance Geeks Hub, these have been manifestations of the range and methods to get entangled 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 international locations have been organized across the globe. Our group is decentralized and international, 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 the moment, it provides 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 discovered at Devcon to proceed spreading the phrase and advancing Ethereum’s mission. And who is aware of, the following particular person to influence the way forward for Ethereum might have first discovered about it at Devcon SEA.
Devcon SEA images and assets
- Discover images 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 discuss 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, utterly totally different occasion that the Ethereum Basis organizes. Whereas Devcon is the big occasion that brings everybody collectively in a single venue, Devconnect is extra decentralized. Devconnect includes many alternative occasions, targeted on totally different Ethereum matters, organized by specialists in these fields. Devconnect is the time to go deep into the subject you’re most acquainted with or wish to turn into an professional in, and be part of day-long occasions targeted on that area.
The place will Devconnect 2025 and Devcon 8 happen? You will have 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
