Smart people find the way for complex solutions

The Breaking Bitcoin conference, which was first organized last summer in Paris, is returning for its second edition under the name “Building on Bitcoin” this time in Lisbon, the 3rd-4th of July 2018. The one in the Portuguese capital is going to focus on second-layer technologies, as well as some other creative uses of the Bitcoin protocol, while the event in the French capital has been concentrated around security.

Kevin Loaec, the managing director and conference co-organizer of Chainsmiths, told Bitcoin Magazine that the Bitcoin blockchain is pretty limited if we talk about features and flexibility; a lot of newcomers think that you cannot build anything with it. Yet, he says, smart people find some ways of creating complex solutions on top of it. Sharing that knowledge is interesting.

Second-Layer technologies

After the first sold-out edition in Paris last year, which was loosely inspired by the successful Scaling Bitcoin conference format, which was introduced in 2015, it looked natural that Breaking Bitcoin, also, would turn into an annual event. However, the French organizers, besides Loaec, French Bitcoin community member Pierre Lorcery is putting the event together, has decided to change the name of the format for this follow-up slightly.

Loaec explained that they got right feedback on Breaking Bitcoin. He says that people were asking them when the next event would be. But, he says that they also felt that organizing conference focused on security each year, maybe a bit much. They do not want to become repetitive. Their plan now was to alternate: one year of Breaking Bitcoin, one year of Building Bitcoin.

The Building on Bitcoin is going to focus on second-layer technologies in a broad sense. The best known, as well as the most popular of these is probably the Lightning Network, of which the first implementations entered their beta stage over the past couple of months. But, there are some other areas of research, as well as the development which include different kinds of sidechains such as Liquid, RSK or drivechains; privacy technologies such as TumbleBit; smart contract solutions such as MAST; and even more.

Just like Breaking Bitcoin, Building on Bitcoin is going to be a technical conference with relatively little space for commercial interests. Loaec also explained that he thinks they are a bit more community oriented and that they focus on people, as well as on projects, and a little less academic than something like Scaling Bitcoin.

Some of the speakers so far include Bloq and drivechain developer Paul Sztorc, TumbleBit and BTCPay developer Nicolas Dorier, the ZeroLink developer Ádám Ficsór, LedgerX developer and Bitcoin veteran Bryan Bishop and more. The list of the speakers is expected to grow over the weeks and months that come; anyone that would like to give a talk can still submit a proposal through building-on-bitcoin-com.

Lisbon should be a big crypto-community

Just like Breaking Bitcoin, Building Bitcoin is a bit of a product of the French-speaking developer community. While Loaec and Lorcery are taking on most of the concrete organizational responsibilities. Much of it is discussed and initiated through the CryptoFR Slack.

However, this time the event has been organized in Portugal, where Loaec was living for the past year. He said that there is not a big crypto-community in Lisbon still, but he thinks that there should be. He says that it is a right place for best investments in cryptocurrencies. They have opened a blockchain-focused co-working space in the city center with a few people in the local community, the Block, which also hosts a lot of events.

Besides all that, the quality of life is fantastic, and there is quick access to the beach, the Portuguese weather is nice…and this fiscal climate is pretty good, as well: no capital gains bitcoin tax, says Loaec. Building on Bitcoin could actually be a good chance for Bitcoin and crypto-enthusiasts to come, as well as take a look.

The event venue for the Building on Bitcoin is going to be larger than the further added of Loaec from last year, with the expected number of participants growing from 300 to 500. The regular tickets begin at €200 (~$240), though students can get in for less. The event is going to be streamed and recorded for those that cannot make it.

Additionally, to this, Loaec organizes a three-day-long blockchain hackathon, also known as Chainhack, in the week that follows of the conference, and the Block is also going to host some talks and meetups around the time of the meeting.

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