Top 10 Quotes From the Virtual Blockchain Conference

The five-day Unitize virtual blockchain conference organized by BlockShow and San Francisco Blockchain Week ended with the final session on Friday. The event saw appearances from Heath Tarbert, the chairman of the Commodity Futures Trading Commission; Vitalik Buterin, a co-founder of Ethereum; and Tim Draper, a serial blockchain investor, as well as other speakers from a diverse pool of market segments both within and outside the crypto space.

Blockchain adoption, decentralized finance, central bank digital currencies and the future of Bitcoin (BTC) dominated the conversation in many of the panels. The event also saw speakers chart possible paths forward for the advancement of the industry.

If you didn’t have the opportunity to catch all the goings-on at the conference, it is available on Cointelegraph’s YouTube channel in full. Or, to keep it short and sweet, below are the top 10 quotes from the event sponsored by crypto derivatives exchange platform Bybit.

Stateless clients upgrade for Ethereum 2.0 still a work in progress

Ethereum co-founder Vitalik Buterin revealed that stateless clients implementation on the Ethereum network is still unattainable due to fundamental limitations, stating that any help from the community is welcome:

“There are a bunch of fancy arithmetic techniques that allow us to cut these witness sizes down to the point where the extra data that stateless clients need to download is actually not that much. But still research and still a lot of refinement required, and this is something where we actively welcome more help from the academic research community.”

China’s DCEP will internationalize the yuan

CBDCs were a popular topic on the first two days of the conference. Matthew Graham, the CEO of Sino Global Capital, reasoned that China’s digital currency electronic payment is geared toward yuan internationalization.

Echoing Graham’s sentiments, Douglas Arner, the director of the Asian Institute of International Financial Law at the…

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