Taiwanese DeFi team Furucombo | Highlights from the first day of EthCC, full of development momentum in the bear market!

The DeFi team Furucombo from Taiwan is currently in Paris attending and sponsoring the fifth edition of EthCC, the largest Ethereum community conference. Furucombo has documented the exciting events from the first day of EthCC, and the highlights can be found in the following article. This article is translated with permission from Furucombo.

Highlights of Speeches

"The Soul of a New Machine: Next-Generation Optimistic Rollups with Cannon" by Nicolas Laurent from Optimism

Engineer Nicolas Laurent from Optimism presented on Optimistic Rollups (OP rollups) network, emphasizing the importance of Fault Proof for the practical operation of OP rollups. The introduction of Cannon by Optimism, a challenge game system composed of Minigeth and Preimage Oracle, aims to streamline the verification of L2 blocks on L1. Minigeth breaks down transaction execution steps using MIPS simulation, and the Preimage Oracle provides state information to handle challenges more efficiently.

"Learning My Way into Web3 Community Building" by Reka.eth from Guild.xyz

Founder Reka.eth shared about Guild.xyz, a solution for creating Web3 communities to simplify the onboarding process for newcomers. The platform assigns new role names upon entry to Discord by following accounts on Twitter. Users are guided through introductory channels, educational resources, and eventually gain access to development opportunities on Github after completing the educational materials.

"OpenZeppelin Contract: Past and Future Roadmap" by Hadrien Croubois from OpenZeppelin

Smart contract engineer Hadrien Croubois from OpenZeppelin discussed the company's focus on building, automating, and securing decentralized products. OpenZeppelin's work centers around Contracts, Audit, and Defender, with a range of functionalities including tokens, governance, time locks, and CrossChainEnabled features in their repository. They also introduced Cairo as an alternative to Solidity and Defender as a user-friendly tool for managing contracts.

Upcoming features in their repository will focus on upgradability, with functions like Diamond, staking, cross-chain messaging, as well as batching transactions and transaction simulation.

"Towards a NFT Rental Standard" by Jerome de Tychey from Cometh

Jerome de Tychey, founder of Cometh, presented the concept of an NFT rental system compatible with ERC721, utilizing two NFTs for borrowing/lending similar to aToken and debtToken to manage relationships between borrowers and lenders. The goal is to introduce this game engine into multiple games for enhanced interoperability.

"DAO Vulnerabilities & Resilience" by Kelsie Nabben from BlockScience

Researcher Kelsie Nabben from BlockScience discussed evaluating DAO risks, emphasizing the importance of resilience for sustainability. Vulnerabilities can result in opportunities for adaptation, resilience, and growth.

"Designing a Blockchain Ecosystem for Web2 Games" by Sam Seo from Klaytn Foundation

Sam Seo, Director of the Klaytn Foundation, shared insights on building a blockchain ecosystem for Web2 games, focusing on Play-to-earn (P2E) projects with elements of open governance, economics, and full ownership. The challenges faced include high entry barriers, dominance of Web2 in game distribution, bot proliferation, regulatory risks, and the critical issue of game quality.

User adoption from Web2 games is crucial for transitioning to Web3, highlighting the importance of multi-chain support. Key aspects include owning a blockchain game platform, low transaction fees, high performance, stability, rapid development, low latency, and leveraging resources, IP, and development experience from Web2 companies to bring innovation to Web3 games. Klaytn offers a solution for Web2 game companies to establish their own blockchain gaming ecosystem with features such as their chain, DEX, cross-chain bridge, NFT marketplace, aiming to drive the gaming industry forward.

"Security Monitoring for On-chain Attacks" by Christian Seifert from Forta Protocol

Researcher Christian Seifert from Forta Protocol shared insights on Forta's decentralized monitoring network to protect assets on web3, emphasizing the importance of early detection and mitigation of on-chain attacks to prevent vulnerabilities from being exploited.

"The Next Advancement in Cross-Chain UX" by Jaz Gulati from Catalog

Jaz Gulati from Catalog discussed how Catalog, a DEX built on the Ren blockchain, leverages Ren's features and 1inch's routing to access liquidity across different chains, providing users with a seamless experience using a single Catalog account across EVM-based wallets.

Furucombo Related Links

Website: furucombo.app
Discord: discord.furucombo.app
Twitter: @furucombo