ETH Denver is making headlines again with the launch of the ERC-4337, a new class of ERC-20 tokens.
ERC-4337: Ethereum’s Latest Addition for Providing Bank-Like Features to Investors
For years, Ethereum has supported three different iterations of smart contracts, and this latest addition aims to provide investors with bank-like features that are easy to manage.
According to reports, the ERC-4337 standard allows investors to set limits for their accounts, similar to how banks work. Proponents of this new standard believe it will make cryptocurrency more user-friendly and promote faster adoption. With ERC-4337, investors will no longer need to remember long seed phrases, making it easier for the next billion users to enter the crypto space.
Here’s a little snippet of $CULT's presentation on the main stage at #ETHDenver Denver if you missed it. @Cultmander76 & @wastrelwander1 killed it! pic.twitter.com/3JAElakbt0
— Holly 🩸🖤🩸🖤🩸Heart (@iamcomingundone) March 4, 2023
ETH Denver: More Than Just ERC-4337 Launch
Ethereum Foundation security researcher Yoav Weiss believes the ERC-4337 standard will be revolutionary since the next billion users are not going to write 12 words on a piece of paper. He also highlighted the importance of better usability in cryptographic keys.
But that’s not all that’s been happening at ETH Denver. The event has been buzzing with discussions and presentations exploring the crypto landscape.
Robert Habermeier, Polkadot’s founder, took center stage at ETH Denver, where he talked about various aspects of technology, tooling, and scaling for an hour. Meanwhile, CULT DAO played a significant role in making ETH Denver successful, presenting a small presentation. Polygon, another popular crypto network, also participated in the event, where they discussed their Polygon ID. And, Arbitrum, another layer-2 scaling solution, made an appearance, with its CTO and co-founder, Harry Kalodner, discussing the latest developments in the layer-2 realm.
Panel Discussion on Investment DAOs and a New Organizational Form for DAO with Crypto Influencers
One of the most exciting events was the panel discussion between crypto influencers, including David Palmer, Victor Rortvedt, and Aaron Wright. The panel discussed the possibility of a new organizational form for DAO, and the theme was “Investment DAOs in Adolescence – Lessons from the Early Days of a New Form of Human Coordination Panel.”
And to lighten the mood, a toilet paper with Sam Bankman Fried’s face was seen in the washrooms.
The ETH Denver event is still in progress, and there’s a lot more to come. Stay tuned for more updates on this exciting event.
Not sure who’s seen this but @SBF_FTX toilet paper is a nice touch. Lul. #ETHDenver #ETHDenver2023 #ETH #kryptoclass pic.twitter.com/M9VGqETuGX
— KryptoClass (@KryptoColleges) March 3, 2023
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Conclusion
In conclusion, ETH Denver has been a major event in the crypto community, with new announcements and features being released. The launch of ERC-4337 has been one of the most significant events, introducing a new standard for ERC-20 tokens that promises to make crypto more user-friendly and accessible to a wider audience.
(Image credit: Polkadot)
The event also featured prominent figures in the industry, such as Polkadot’s founder, Robert Habermeier, and Harry Kalodner, the CTO of Arbitrum, who shared their insights on technology, tooling, and scaling. The panel discussion on Investment DAOs also shed light on a new form of human coordination, exploring the possibility of a new organizational structure for DAOs. Overall, ETH Denver has provided a platform for the crypto community to come together and discuss the future of the industry.
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