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EthStorage Secures 1st Place at EDCON 2023 Super Demo

SAN FRANCISCO, CA / ACCESSWIRE / May 26, 2023 / EthStorage emerged as the winner in the evaluation of the EDCON 2023 Super Demo, which took place in Montenegro from May 19 to 23.

EthStorage, Friday, May 26, 2023, Press release picture

EDCON is renowned as one of the largest gatherings of the Ethereum and blockchain communities, attracting industry-leading participants. The Super Demo received an overwhelming number of applications, with only 47 projects selected to pitch on the stage for the 1st round. After intense competition, only four projects advanced to the finals:

  • Ethereum Attestation Service (EAS): An open-source infrastructure public product for on-chain or off-chain proofs.
  • Aspis Protocol: A custom on-chain insurance vault for DeFi asset management.
  • EthStorage: The Ethereum storage rollup project.
  • Nerif Network: A cross-chain, decentralized smart contract automation solution.

EthStorage is a storage rollup built on top of Ethereum. It provides a programmable dynamic key-value store based on Ethereum's data availability, particularly EIP-4844 and Danksharding. By periodically submitting storage proof from the EthStorage Layer 2 network to Ethereum L1, EthStorage aims to reuse Ethereum mainnet security properties while significantly expanding Ethereum storage capacity at a much lower cost. It targets Petabytes capacity with 1/1000x storage cost. Additionally, the storage Layer 2 network is fully permissionless, allowing anyone with a minimum storage requirement (about 4TB) to run as a storage provider. EthStorage is fully integrated with EVM and is compatible with Ethereum development stacks, including Solidity, Remix, Hardhat, MetaMask, etc.

This recognition from the Ethereum technical community adds to EthStorage's previous accomplishments, following their two grants received from the Ethereum Foundation. Building on this achievement, EthStorage has been also invited to present at EthCC Paris 2023 in August.

Media Contact:
Jamie Jung

Marketing Director, EthStorage

SOURCE: EthStorage

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