Discover and read the best of Twitter Threads about #devcon5

Most recents (2)

1/ I can't believe it's been this 3 years already. the @uport_me team won a prize after launching the first version of our Self Sovereign Identity wallet at DevCon2 on #ethereum complete with social recovery using proxy contracts, wallet connect like QR codes and gas funding.
2/ Our focus is still on Self Sovereign Identity for #ethereum, but we've learnt so much since our first experiment back then.

Here is a diagram of our original architecture...
3/ Most importantly the key to safely build #identity on a blockchain is to actually use as the #blockchain as little as possible.

Ideally a good identity solution for blockchain applications provides an off-chain method of linking together on-chain interactions.
Read 17 tweets
Whoa @ETHBoston, what a weekend! So many amazing teams built killer #DeFi projects using UMA synthetics.

Want to hedge DAI breaking the peg? 🦢SwanDAI did that with a token.

Want to hedge your @compoundfinance rate risk? SUMA did that with a token.

More dets + highlights:
The 🦢SwanDAI team won our $3k DAI bounty for most creative use of an UMA synthetic token. The project combined financial engineering + data science to create a token that pays off if DAI breaks its peg, providing DAI uses a useful form of insurance.

devpost.com/software/swand…
Do you want to "lock in" your 9.7% DAI supply rate on your @compoundfinance loans? SUMA created an innovative token to lock in current rates **effectively creating an interest rate hedging tool** for DAI. You can now "bet" on Compound rates.

devpost.com/software/suma
Read 8 tweets

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