Blockdaemon Inc.

09/30/2024 | Press release | Distributed by Public on 09/30/2024 02:54

Daemon Day Recap: A Look Back at an Unforgettable Event During TOKEN2049

Thank you to everyone who joined us for Daemon Day last September 17, 2024! The event brought together over 1000 registrations of leading industry experts, offering insights into the latest trends and innovations shaping the web3 space. Thanks to the support of our partners, AWS and Zodia Custody, and our supporters, Liquid Collective, M2, Mu Digital, Titanium Ventures, and Xangle, Daemon Day became a highlight of TOKEN2049, sparking key discussions that will shape the future of blockchain.

Check out the full video recap and Daemon Day highlights!

Key Discussions

Reassessing Restaking Risks

Freddy Zwanzger, Blockdaemon's Ethereum Ecosystem Lead, evaluated the risks associated with restaking and emphasized the importance of scrutinizing Active Validator Sets (AVSs) and Long Range Threats (LRTs) for institutional stakers and node operators. The discussion centered on safeguarding operations while optimizing staking rewards.

The Evolution of Web3 Wallets


Speakers discussed how web3 wallets are shifting from simple storage tools into multi-functional platforms for assets and digital identity. They addressed third-party challenges such as security vulnerabilities, user experience bottlenecks, and efforts toward interoperability.

Opportunities in Staking

As staking becomes central to the blockchain economy, discussions highlighted key trends, regulatory impacts, and the role of financial innovations. The panel examined how institutional adoption drives this evolution, and the opportunities ahead.

Interoperability and Scalability

The conversation covered interoperability and scalability issues, exploring zk-rollups, bridges, and the challenges of balancing security, decentralization, and network performance. The speakers outlined how these technologies could drive broader blockchain adoption and make decentralized systems more accessible.

Looking Ahead

Daemon Day was a success thanks to the engagement and enthusiasm of all participants. We hope you left inspired and with fresh insights on the future of blockchain. Keep an eye out for more upcoming events as Blockdaemon continues to lead the way in blockchain infrastructure innovation.

Blockdaemon's Role in Powering the Blockchain Economy

Blockdaemon powers the blockchain economy with its suite of industry-leading infrastructure solutions. We are a globally established, ISO-27001 certified partner with extensive protocol coverage, offering technical depth, industry-leading SLAs, 70+ global points of presence through 10+ cloud and bare metal providers, and 24/7 support for an unmatched institutional-grade experience. We provide integrated business solutions to exchanges, custodians, crypto platforms, financial institutions, and developers using our end-to-end suite of blockchain tools, including dedicated nodes, APIs, staking, liquid staking, MPC tech, and more. Blockdaemon provides its customers with the confidence to quickly and easily scale without compromising security or compliance.

For more information visit: www.blockdaemon.com