Ethereal Tel Aviv: Everything You Need to Know Jonathan Ganor 2019-09-16 09:10:08 463 views

Cryptocurrency Experts & Industry Leaders Discuss Different Issues in the Industry

Tel Aviv's blockchain week has sadly come to an end. The event that sealed the week of conferences, meet-ups and summits was Ethereal Tel Aviv. The event was supported by the Ethereal foundation, which was founded to promote blockchain technology and as the name implies, Ethereum.

Despite this, industry leaders from many different aspects of blockchain technology and cryptocurrencies have attended. This includes Vitalik Buterin & Joseph Lubin of Ethereum, Yoni Assia of eToro, and Dovey Wan of Primitive Ventures to name a few.

Ethereal Panels & Discussion

As with most conferences, the speakers and discussions were key to success of the event and Ethereal didn't hold back. There were many "hot topics" discussed at the event. Some of the key discussions were Facebook's Libra project, Ethereum 2.0, the regulatory landscape and institutional adoption.

Libra at Ethereal

The last panel was the key event of the summit. Joseph Lubin and Vitalik Buterin were moderated by Yoni Assia, and they shared their views on Ethereum 2.0 and Libra. Assia later asked Vitalik: "Do you support interoperability between Libra and Ethereum?" To which Vitalik responded: "Yeah, we're in talks." Lubin later said: "Libra will be an excellent onboarding platform into Ethereum." Vitalik was later asked for his opinion on Libra, to which he responded with a joke: "I don't know... The scales are cool, but I like Capricorn better."





Ethereum 2.0 at Ethereal

Many of the attendees were hoping for news on the much anticipated Ethereum 2.0 launch and Ethereal did not disappoint. Lubin announced that Ethereum 2.0 will launch sometime in Q1 2020. As co-creator he promised that Ethereum 2.0 and sharding will be revolutionary in the cryptocurrency space. Lubin later clarified that the transition from Ethereum to Ethereum 2.0 will not be done via fork.

Joe: no, there won't be a fork. We're talking about two parallel systems. — Mati Greenspan (@MatiGreenspan) September 15, 2019





Lubin later commented: "Ethereum 2.0 will always be more functional than Libra!"

eToro's Lira & Ethereum

One of the events most surprising reveal was eToro's Lira. Essentially Lira is a simplified programming language that is Ethereum compatible. It bears some resemblance to Solidity, but it allows easier coding of smart contracts and reduces the need for audits. eToro promised that the use of Lira would lessen the chances of another DAO hack.





All & all it seems that enthusiasm for Ethereum hasn't died down. Many are still developing dApps and different functionalities for Ethereum. In addition to that a simplified coding language would greatly increase usage of the network. As for Ethereum's competition, Ethereum 2.0 might make them irrelevant.





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