During the second day of the Ethereum DevCon1 conference, most of the focus was shifted towards developers and the concept of DApps. It is no secret that the Ethereum protocol allows many different types of technological innovation. Decentralized applications will play an important role in achieving that goal.
Development of new applications will require a ton of effort from developers and a different approach to traditional coding. None of this would be possible without thinking of the Ethereum blockchain as a service which is where the recent partnership with Microsoft Azure will play a pivotal role. Deploying a virtual machine for Ethereum purposes will only take one click, and coders can start tinkering around within mere minutes.
But there are other companies looking to help development efforts as well. BlockApps Strato, for example, will facilitate the concept of building applications for the blockchain. A blockchain on its own is a powerful tool but as more apps and platforms connect to the blockchain, true decentralization can be achieved.
When developers start to work on building new DApps, smart contracts will be an integral cog in the machine of these projects. Two-way escrow, for example, will facilitate buying and selling physical or digital items over the internet. Both parties are protected and will have something to lose if they attempt to scam the other party.
Another thing to take into consideration is how DApps will store user data. Because all of the data is stored locally, users can always verify the integrity of both the data and the DApp itself. To build these single-page applications, developers will need access to full-stack frameworks, like Meteor. But there is one thing to keep in mind: DApps will stand or fall depending on how safe their smart contracts are.
Ethereum DevCon1 Day Three – Protocols
For the less technically inclined among us, Ethereum DevCon1 day three will be of much more use. On this day, we will gain valuable insights into how the Ethereum protocols work and what changes are being worked on in the [near] future. The Ethereum Light Client will be a topic of discussion as well, as more efficient ways to interface with the network are always a good thing.
Overall, this has been a very interesting conference so far, and there is still a lot of interesting content ahead. Unfortunately, we will not be able to attend the full five days but a plan is in place to secure the necessary documentation to provide our readers with all of the latest details regarding Ethereum.
Source: Ethereum DevCon1 Conference 2015
Images courtesy of Ethereum