People look around the booths at the Upbit Developer Conference held in Busan on Thursday. [JIN MIN-JI] Speakers from around the world shared their insights on the blockchain at the Upbit Developer Conference (UDC), which began Thursday. UDC is an annual conference that brings together blockchain developers to discuss the industry’s potential while also examining the changes the technology has already brought to daily lives. The two-day event hosted by Dunamu, a crypto exchange operator, at the Busan Port International Exhibition & Convention Center in Busan. Web 3.0, and Layer 2 were some of the key concepts discussed by the speakers. Web 3.0 is the next generation web in which most users will be connected via a decentralized network. Layer 2 is a secondary framework that is built on top of an existing blockchain system. The goal is to raise the transaction speed. “We’re trying to bring Web 3.0 to the masses, public,” said Kevin Ang, Developer Relations APAC Lead at Polygon. He said that there are so many killer applications that can be built in the metaverse, and for that to be realized, Layer 2 is needed. Polygon is a Layer 2 platform designed to improve transaction execution on… Read full this story
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