Our Smarty Pay development team had the incredible opportunity to attend Devcon 7, one of the most anticipated gatherings for blockchain developers and Web3 enthusiasts. This year’s event was nothing short of inspiring, filled with groundbreaking ideas, forward-looking projects, and invaluable conversations with some of the leading minds in the crypto space.
Here’s a recap of our experience, the key insights we gained, and the exciting discussions we had with prominent players in the blockchain ecosystem.
Exploring New Frontiers in Blockchain
Devcon 7 showcased the relentless innovation happening in the blockchain world. From cutting-edge protocol upgrades to visionary approaches like Vitalik Buterin's d/acc philosophy, the conference was a breeding ground for ideas aimed at decentralizing access and accountability.
Key Connections and Conversations
At Devcon, collaboration was the name of the game. Our team engaged in thought-provoking discussions with several prominent organizations and individuals. Here are some of the highlights:
OpenZeppelin: Multichain Governance and DAO Innovation
We had a productive conversation with OpenZeppelin about the implementation of multichain governors—smart contracts designed to streamline DAO creation across multiple blockchains. Both teams exchanged ideas on how DAOs could operate seamlessly in a multichain world, and we’re looking forward to continuing this dialogue to redefine governance in decentralized ecosystems.
The Graph: Fast On-Chain Payment Detection
Discussions with The Graph revolved around a potential partnership to leverage their protocol for real-time discovery of on-chain payments. By integrating The Graph’s indexing technology, Smarty Pay could enhance the speed and efficiency of detecting crypto transactions, a critical step in improving the user experience for businesses adopting crypto payments.
Solidity Team: Innovations in Solidity 0.9
Our chat with Rodrigo from the Solidity Team offered a sneak peek into upcoming features in Solidity 0.9. We delved into the mechanics of gas refunds and explored how these could be optimized for use in smart contracts. Insights from this discussion will undoubtedly inform how we refine our own contract designs for cost efficiency and scalability.
Consensys: MetaMask and Linea
With Consensys, we explored the latest updates to MetaMask, the most popular Web3 wallet, and discussed the development of their blockchain, Linea. Their commitment to improving wallet usability and blockchain performance aligns perfectly with our goal of simplifying crypto payments for merchants and customers alike.
Arbitrum and StarkNet: Grants for Web3 Projects
Our conversations with Arbitrum and StarkNet centered on opportunities for Web3 projects to access grants. We shared how Smarty Pay is driving crypto adoption in payments, and they provided insights into their support programs for innovative Web3 startups.
Waku: Decentralized Messaging for Web3
With Waku, we explored their peer-to-peer messaging system and how it powers the decentralized chat app, Status.app. We’re excited by the potential of integrating secure and decentralized communication tools into Web3 projects.
Tokenomics in B2B with Roderick McKinley
A deep-dive discussion with Roderick McKinley focused on tokenomics in Web3 projects tailored to B2B clients. His expertise in designing token economies offered valuable perspectives as we consider innovative ways to incentivize participation in the Smarty Pay ecosystem.
The Road Ahead
Devcon 7 reaffirmed that now is the perfect time to drive mass adoption of crypto payments. From partnerships that enhance on-chain transaction efficiency to exploring decentralized governance for Web3 businesses, we’ve come away with actionable insights that will shape the future of Smarty Pay.
As the crypto industry matures, collaboration and innovation remain at the core of its evolution. With these new ideas inspiring a new wave of decentralization, Smarty Pay is proud to be at the forefront, creating solutions that empower businesses and users to transact with ease, security, and efficiency.
Stay tuned as we integrate these learnings into our products and continue building partnerships with some of the brightest minds in blockchain. Let’s drive the crypto payments revolution—together. 🚀