Prague hosts the largest conference of developers of Ethereum solutions. Ethereum co-founder Vitalik Buterin held a presentation on the first day. He took part also in singing song about the decent goals of Ethereum devs.

Ethereum 2.0

The largest conference of Ethereum-developers Devcon 4 is taking place in Prague from October 30 to November 2. Traditionally, the co-founder of the ecosystem Vitalik Buterin also participates in it. He discussed the road map of Ethereum scaling on October 31.

Buterin announced the long-awaited transition to the Ethereum 2.0 stage. The following steps will precede this transition: activation of Casper and switching to the PoS algorithm, sharding, virtual machine update (EWASM), change in cross-contract logic and protocol economics. All these updates and innovations are supposed to result in sharply scaling of the Ethereum ecosystem. According to Buterin estimations, the average synchronization time of confirmations will be reduced to 8–16 seconds and the network will be able to scale up to over 1000 transactions per second.

BUIDL as Ethereum Developer Slogan

A humorous song about the decent behaviour of Ethereum developers was performed at the conference. In its chorus, it said that BUIDL is necessary (by analogy with the slang word HODL in the bitcoin community). Also the chorus called blockchain a new kind of world order and recommended Ethereum developers to work, not raise money via ICOs.

Conference speakers, including Vitalik Buterin, also sang the unofficial anthem of Devcon 4 on the stage.

The song's author is blockchain enthusiast Jonathan Mann, who, along with Matt Condon, founded the digital project Digitally Rare, dedicated to copyright in the era of blockchain. Mann also leads the project Song A Day and writes one song per day since this idea occurred to him in 2009. After 9 years, he has accumulated more than 3200 musical compositions.