Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021

Shine Li  Aug 18, 2020 17:28  UTC 09:28

2 Min Read

Ethereum gathering has announced a new way for its crypto community to get more involved for next year’s Devcon event.  

What is Devcon?

Each year, Ethereum Foundation hosts a public gathering, dubbed "Devcon" for developers and members of their community. The goal of the event is to unite blockchain enthusiasts and coders under one roof to discuss how to build collectively, generate more ideas to further blockchain growth, and bounce innovative technological proposals off each other.  

This year, Ethereum announced through their blog that they will be integrating a new aspect to Devcon, a concept they dub “Devcon Improvement Proposals (DIP). Devcon Improvement Proposals are new tools set in place by the Devcon organizing team of Ethereum that aims to involve the community and integrate their input to improve the ETH ecosystem. Ethereum Foundation thinks that the inputs provided for DIP purposes will paint a better depiction of the Ethereum ecosystem in its entirety for Devcon attendees. 

Devcon Improvement Proposal Categories 

For each Devcon Improvement Proposal, there is a category to file and process the different ideas put forward by the community. There are four procedures – draft, accepted, postponed, and rejected. The categories are straightforward. Draft entails that the proposal will be tweaked and transformed into a better final version; accepted means that the Ethereum team has approved it; postponed dictates that the idea will not be adopted in this edition of Devcon; and finally, rejected entails that the idea will simply not be implemented. 

Ethereum announced that next year’s event will be hostein Colombia. For the time being, the conference still does not have a confirmed date. Devcon 2021 will be the sixth edition launched by Ethereum Foundation, the first being in 2014 in Berlin, Germany. 

 

Progress on ETH 2.0 Testnet

 

Next year’s Devcon event will be fairly interesting, as the Ethereum Foundation has recently been developing its final testnet Medalla. This multi-client net is to be the last one released before Ethereum 2.0 rolls into play. Ethereum is aspiring to transition fully to a Proof-of-Stake consensus from a Proof-of-Work protocol, and currently boasts of high scalability for a blockchain, in comparison to Bitcoin 

 

At the beginning of this week, Ethereum co-founder Vitalik Buterin also discussed his blockchain project on Peter McCormack’s podcast episode, saying that he predicts Ethereum 2.0 mainnet to only be ready for public use in another 24 months.  

 

The Ethereum co-founder is very proud of his team and is anticipating phase one of Medalla testnet, where sharding will be experimented to test out high scalability, a feature that is to be expected of the new chain. Speaking about Medalla’s progress and the current phase 0 implementation, Buterin said: 

“It does not yet include sharding, that starts in phase one but for sharding, the spec is very close to finished so it’s just a matter of waiting for implementers to feel like they’ve done enough on the phase zero side and move onto phase one.” 

 


Image source: Shutterstock


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