EthCC[7] Highlights Ethereum’s Transition to a Rollup-Centric Future

The
seventh
annual
Ethereum
Community
Conference
(EthCC[7]),
held
in
Brussels,
Belgium,
this
year,
highlighted
significant
shifts
in
Ethereum’s
development
strategy.
The
conference,
relocated
from
Paris
to
avoid
clashing
with
the
2024
Summer
Olympic
Games,
focused
on
Ethereum’s
transition
towards
a
rollup-centric
roadmap,
according
to

Galaxy
Research.

Unpacking
the
Impacts
of
a
Rollup-Centric
Future

Christine
Kim
of
Galaxy
Research
shared
key
insights
from
EthCC[7].
A
rollup-centric
roadmap
implies
that
future
protocol
changes
to
Ethereum
will
become
less
significant
to
end-users.
As
Ethereum
protocol
developers
prioritize
data
availability
(DA)
optimizations,
users
will
increasingly
interact
with
rollups
for
transactions
and





decentralized
applications
(dapps).
Consequently,
the
responsibility
for
enhancing
user
experience
will
shift
to
rollup
development
teams.

The
focus
on
DA
means
that
technologies
to
improve
Ethereum’s
user
experience
will
primarily
be
developed
by
rollup
teams.
Innovations
such
as
maximal
extractable
value
(MEV),
trusted
execution
environments
(TEEs),
account
abstraction,
and
preconfirmations
are
gaining
relevance
in
the
rollup
ecosystem.
Notably,
prominent
Ethereum
core
developers
and
client
teams,
including
Ben
Edgington
and
Prysmatic
Labs,
have
transitioned
to
working
full-time
on
rollup
projects.

The
Waning
Importance
of
Ethereum
Upgrades

With
Ethereum’s
shift
towards
a
rollup-centric
model,
protocol
upgrades
are
expected
to
diminish
in
importance.
Aya
Miyaguchi,
Executive
Director
of
the
Ethereum
Foundation,
articulated
this
vision
by
emphasizing
the
need
to
decentralize
and
minimize
the
foundation’s
role.
This
approach
aims
to
foster
a
more
resilient
and
decentralized
ecosystem.

EthCC[7]
featured
numerous
side
events
that
showcased
new
ideas,
experimental
technologies,
and
crucial
discussions
relevant
to
Ethereum
users.
The
conference
underscored
that
while
Ethereum
protocol
developers
continue
to
propose
significant
code
changes,
the
future
of
finance
and
blockchain
innovation
is
increasingly
being
built
out-of-protocol,
particularly
within
the
rollup
ecosystem.

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Disclosure:
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document,
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by
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Digital
Holdings
LP
and
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affiliates
(“Galaxy
Digital”),
is
for
informational
purposes
only.
It
does
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or
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buy
or
sell
any
financial
instruments
or
advisory
services.
The
information
herein
is
based
on
sources
believed
to
be
reliable
but
has
not
been
independently
verified.
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Digital
and
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affiliates
disclaim
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information.

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source:
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