On May 8th, the Bitcoin Devcon concluded successfully, drawing together Bitcoin experts from around the globe to discuss the future of Bitcoin. After a day filled with spirited debates and exchanges, the second day's schedule was even more spectacular, featuring keynote speeches, influential panel discussions, and showcases of innovative ecosystem projects, all highlighting the vitality and creativity within the Bitcoin ecosystem.
The conference was organized by UTXO Management and co-hosted by Satoshi Lab, with substantial support from Yakihonne and Web3port. Techub News provided comprehensive coverage. The event attracted numerous developers, engineers, researchers, designers, artists, and investors from the Bitcoin sector, all contributing strategies for the future development of Bitcoin and injecting new energy into the global Bitcoin ecosystem.
It is worth noting that the choice of Hong Kong as the venue not only acknowledges its pivotal role in the early development of Bitcoin but also symbolizes our commitment to move steadfastly towards the future, starting from the historical origins of Bitcoin activities. Here, Bitcoin enthusiasts worldwide witnessed the growth and strengthening of the Bitcoin ecosystem and collectively look forward to the promising prospects of Bitcoin's future.
This article presents the moments of splendid speeches from that day, offering insights and wisdom from developers, founders, and prominent institutions worldwide. Let us all look forward to the future of the Bitcoin ecosystem, anticipating more innovation and breakthroughs.
Hong Kong Science Park Senior Manager of Business Isaac Tse - Your Ideal Launchpad
Isaac Tse, the Senior Business Manager at HKSTP, delivered an engaging speech today at the Hong Kong Science Park, showcasing the park's unique allure and immense potential as a hub for technological innovation. Traditionally seen as a center for finance and import-export, Hong Kong has transformed, under government initiative, into a cradle for technological innovation. This transformation has attracted a plethora of tech companies to the Science Park, creating a vibrant tech ecosystem.
HKSTP, as the administrative and operational body of the park, works closely with the government to support the growth of businesses. From incubating startups to expanding the global operations of mature companies, HKSTP has co-created a comprehensive and in-depth technological ecosystem with numerous partners.
Tse emphasized their goal to establish Hong Kong as an international center for technological innovation. Guided by this objective, the Hong Kong Science Park has gathered over 1007 tech companies that are thriving within its premises, collectively crafting a new chapter in Hong Kong’s story of tech innovation.
BSquare APAC Market Head Arwen's Keynote: "Introducing the Bitcoin DA Layer and Expanding the Ecosystem
Arwen, the APAC Market Head for BSquare, delivered a keynote titled "Introducing the DA Layer of Bitcoin and expand the ecosystem," where he explored new directions in the development of the Bitcoin ecosystem. Arwen began by highlighting the primary differences between Bitcoin and Ethereum, specifically Bitcoin's limitations in executing smart contracts. To address this gap, they introduced the DA layer (Data Availability Layer), enabling a variety of decentralized finance (DeFi) projects, such as dfinance, social finance, and gaming, to thrive and expand within the Bitcoin ecosystem.
Arwen stated that their objective is to build a multifunctional Bitcoin layer to expand the Bitcoin ecosystem and support more zk roll-ups and op roll-ups on the market with the Bitcoin DA layer. They aim to achieve this through four key areas: fast, cheap, and secure transactions; easy access for individual users; collaboration with account abstraction solution providers like Particle Network; and providing a wealth of tools and resources for developers.
Lorenzo Protocol
Matt, the CEO of Lorenzo Protocol, emphasized the importance of building a Bitcoin liquidity DeFi ecosystem in his speech. As the Bitcoin ecosystem expands and Altos thrives, the demand for BDC liquidity continues to rise. To meet this demand, they are creating efficient markets to facilitate supply and demand matching. Matt pointed out that while these projects consume liquidity, idle BDC also needs to be fully utilized. Thus, Lorenzo Protocol is dedicated to creating a marketplace where BDC holders can find quality projects to enhance liquidity. To prevent users from losing liquidity due to staking, they aim for a DeFi ecosystem that balances flexibility with opportunities. This ecosystem is designed to foster mutual benefits between Bitcoin holders and project developers, driving prosperity and growth across the entire ecosystem.
Panel discussion：Cultivating the Bitcoin Ecosystem: Challenges, Opportunities, and Future Perspectives
Today's roundtable brought together several industry leaders for an in-depth discussion on nurturing the Bitcoin ecosystem, focusing on its challenges, opportunities, and future outlook. Participants included Jakub, Global Marketing Director at Bihelix; Yves La Rose, founder of exSat; Justin, founder of Zeus Network; Aisling Connolly, Senior Research Scientist at ICP DFINITY Foundation; and Ken Liao, founder and CEO of Xverse.