The recent EThCC (Ethereum Community Conference) held in Brussels has brought forth significant updates and insights for the cryptocurrency ecosystem, particularly focusing on Solana and Lido. This event has transformed the Belgian capital into a hub of blockchain technology, showcasing the continuous evolution and diverse utility of these platforms.
Solana and Lido: Perspectives on Decentralization and Security from the EThCC in Brussels
During the conference, Lily Liu, the president of the Solana Foundation, delved into the relentless technological advancements and the vast potential of the Solana network. She highlighted Solana’s unique ability to address the traditional blockchain trilemma by offering performance, capital, and liquidity without compromises. According to Lily, Solana is the only ecosystem capable of effectively integrating these three crucial characteristics.
Titus Capilnean, the Vice President of Go-To-Market at Civic, addressed the growing threat of artificial intelligence and the role of Web3 in digital security. He emphasized the importance of authorized smart contracts, explaining that while the concept of permissionless is fundamental, authorization becomes necessary to manage assets connected to the real world.
Cassidy Daly, the co-founder of Centrifuge, criticized the obsolescence of the current financial system and praised blockchain as the technology capable of revolutionizing it. He discussed the impact of inflation on global trade and the importance of detaching currencies from nation-states, highlighting stablecoins as a solution to reduce the control exerted by the United States on world trade.
Lido: Decentralization and Security with the New Staking Modules
Will Shannon, one of the main contributors to Lido, shared insights on the progress in decentralization and security achieved through the new staking modules for independent node operators. With a significant increase of 386% in node operators year-over-year, Lido aims to provide the best operational experience with its community staking module (CSM), currently in the testing phase. According to Will, the CSM will be the most secure, accessible, scalable, and sustainable staking module on the market.
“The CSM will be the most secure, accessible, scalable, and sustainable staking module on the market.” – Will Shannon, Lido contributor
Additionally, Paul Frambot, the co-founder and CEO of Morpho Labs, presented an innovative approach to DeFi. He explained that the future of lending and borrowing protocols will be aggregated, combining the advantages of monolithic and modular approaches to overcome the limits of single risk and liquidity fragmentation, offering an optimal solution for DeFi.
Multicoin Capital Pushes for a Pro-Crypto Senate: Donation Initiative in SOL
Multicoin Capital, a prominent cryptocurrency investment firm, has announced an initiative to double the donations in SOL of Solana to Republican candidates for the Senate. Kyle Samani, the founder and managing partner of Multicoin Capital, emphasized the crucial importance of supporting legislators who favor cryptocurrencies. Multicoin will match donations in SOL to the Sentinel Action Fund, up to a maximum of 1 million dollars. Sentinel is a conservative Super PAC that promotes pro-crypto candidates and innovations in the United States.
This initiative represents a significant step towards creating a favorable political environment for cryptocurrencies in the United States, promoting growth and innovation in the sector. As Samani stated, it is essential to have elected leaders who protect the rights of Americans with crypto assets.
