Friday, November 13, 2020 bySperaxHosted by the first”Behind the Chain”The online seminar came to a perfect conclusion. The in-depth conversations between developers from many internationally renowned projects make us look forward to the future development of blockchain and decentralized finance (DeFi).
Behind the Chain 2020 Gathered senior developers, founders, CEOs, CTOs from Layer-1 and Layer-2 projects, as well as students from university blockchain clubs. Everyone is concerned about the scalability of the bottom layer, the special relationship between decentralization and privacy protection, and the application of stable coins.first level title
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The underlying expansion (Scaling Layer-1)
Opening"The underlying expansion (Scaling Layer-1)"Workshop, moderated by Jacob Libenson of the Berkeley Blockchain Club. In the seminar, Joe Yu from Sperax, Alex Mizrahi from Chromia, Luca Cosentino from Oasis Foundation and Tyler Smith from Avalanche discussed the currentThe utility of using different blockchain consensus algorithms, the benefits of flexible differentiation and parallel blockchain activity, and how future projects will continue to address the blockchain scaling trilemmaissues were discussed in depth.
Luca said: "We believe that the blockchain space should be interactive, and the blockchain space will become stronger through everyone's cooperation, and there is no point in competing with other players.
What we want to do is not just a single implementation of the user control network, but the ability to make data follow the user all the time. We do this not just because it's the right thing to do, but because companies and users are motivated enough to work with data. "
In addition to competition issues, Tyler also expressed his views on the ongoing expansion issues:
I think the limitation of scaling will eventually be solved by this generation of blockchain. Honestly, I feel like this issue is more of an engineering issue than a fundamental one.
— Tyler Smith, Avalanche
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Decentralization, Privacy and Security
Next, Tor Bair from Secret Network hosted a workshop on the theme of "Decentralization, Security and Privacy". Bruce Pon from Ocean Protocol, Dean Tribble from Agoric, and Alex Gluchoski from Matter Labs, shared their views on the interplay between privacy and transparency, and explored the hottest debates about user experience today:How should projects maintain scalability while prioritizing privacy? How important is user experience in this process? And how can Web3 resist surveillance capitalism?
Bruce PonDon't think privacy changes in the Web3 world are what we want, but the process changes what was previously hidden.
In this regard, Dean Tribble also published his views on people's default expectation of privacy protection:
One of the things I want to see the platform can give us is that privacy becomes a default expectation. Those who mostly don't care about privacy, just don't know the consequences of having lost it. —Dean Tribble, Agoric
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DeFi Insecurity and Layer-2 Migration
Frida Cai from Sperax moderated this group meeting. David Truong from Aave, Samuel Brack from DIA, Serge Lubkin from Hedget, Stephen Tse from Harmony, from the global impact of financial democratization to whether DeFi products can provide benefits to a broad audience (developers, traders, non-crypto users) A series of different views were expressed, and finally there was a wonderful debate on whether education can substantively solve the security concerns of decentralized financial users.
I think for a lot of people my age and younger, our financial education actually comes from cryptocurrencies.
—David Truong, Aave
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Stablecoin: Create an encryption-based stablecoin system
Alicia Sidik from she256 moderated the group session, Joe Yu from Sperax, Nadia Alvarez from MakerDAO and Kory Hoang from Stably participated in the discussion. A number of hot topics about stablecoin adoption were discussed: why people are more willing to accept wages in the form of stablecoins today, the relationship between different generations of stablecoins and collateralization rates, etc.
I think we're building a new generation of financial economies where people can communicate and access without borders, without the limitations of our traditional financial economy.
—Nadia Alvarez, MakerDAO
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Blockchain U: A Conversation with the Next Generation of Blockchain Enthusiasts and Leaders
In order to allow more new generations of blockchain enthusiasts to directly participate in Behind the Chain 2020, Sperax specially added the "Blockchain U." discussion, which was hosted by Katherine Plotz from Sperax and Berkeley Blockchain Club. The guests were Piergiacomo Palmisani of the Blockchain Acceleration Foundation, Tom Pierce of the Boston College Blockchain Club, and Ishaan Hiranandani of the University of Michigan Blockchain Club. Enthusiastic college students expressed their unique opinions on how to improve the next step of blockchain education in colleges and universities, how to make more college students join the development of blockchain, and the benefits of club members interacting with blockchain protocols. some views.
The guests were excited to share our passion for blockchain technology with the next generation of blockchain developers. Tom even directly talked about the mission of the university blockchain:
Many blockchain clubs in colleges and universities were established during the ICO boom. I know that our clubs paid more attention to transactions and digital tokens before, but I believe many people also understand that the development of blockchain is fundamentally a technical issue.
—Tom Pierce, Boston College Blockchain Club
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Interoperable Blockchain Ecosystem
At the end of this "Behind the Chain 2020", Nishan D'Souza from the Blockchain Society of the University of California, Berkeley hosted the last keynote discussion of "Behind the Chain" in 2020. Zaki Manian from Cosmos, Alex Skidanov from NEAR, and Jarrell James from Celo from well-known project parties participated in the seminar. They focus on the most fundamental interoperability of the blockchain, the impact of new additions to the underlying blockchain on interoperability, and the significance of enterprise interoperability to the future of the industry.
“So far, I think an interoperable blockchain ecosystem already exists, but a good decentralized interoperable solution is still developing.” Alex said, “So, I think today’s blockchain The blockchain seems to be still running on its own, but many things have actually changed rapidly."
Zaki also agrees that interoperability is not an entirely new concept.
What's really new is that we have a lot of blockchains. Most blockchains have gone from one to many. Ethereum has also changed from one blockchain to many blockchains due to expansion. This is why interoperability is important, it can make a big difference, because we want to achieve a complete user experience for users that can be achieved everywhere. —Zaki Manian, Cosmos
Jarrell also talks about the importance of developing interoperability:“If an asset is publicly fungible, then there’s panic cross-chain asset migration, and you’ve seen that happen. And then because the company’s token is included, we’ve already Build good power, and the same kind of panic will be created."
How has tribalism in the blockchain ecosystem decreased in recent years? Click the link to watch the wonderful video of station B~
Finally, we would like to thank everyone who participated"Behind the Chain"Guests and moderators, it is your participation that made the first annual meeting a complete success! We would also like to thank every guest who participated in this event, it is your enthusiasm that keeps the blockchain industry alive! We look forward to next year's"Behind the Chain 2021". 2020 is just the beginning, in 2021 we will continue to ride the wind and waves and set sail!
— Presented by the Sperax team
Sperax is committed to building a new generation of decentralized financial infrastructure. Provide financial services in a public blockchain stack through native stablecoins and distributed financial services. At the infrastructure layer, Sperax has developed a BDLS protocol that is safer and more efficient than other Byzantine fault-tolerant protocols. In the financial service layer, Sperax has designed a native stable currency system, and through cooperation with licensed financial institutions, it will provide users with convenient financial services in the future.
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