blockchain scalability

Today we're joined by Mike Ippolito, co-founder at Blockworks, who's here to breakdown his take on the Blockchain trilemma and how Ethereum, Solana, and Cosmos chains all attempt to solve it.

This wide ranging interview asks great questions and shines a light on what a multi-chain future might look like.
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✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-blockchain-trilemma/ 
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Resources:

On the margin podcast:
https://podcasts.apple.com/us/podcast/on-the-margin/id1558223079 

Mike:
https://twitter.com/mikeippolito_ 
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TIMESTAMPS

0:00 Intro
6:13 Intro To Mike
11:16 The Three Frontiers
19:11 Recap and Overview
25:58 Different Approaches to The Scalability Trilemma
31:42 Explaining PEPC
36:13 A Point By Point Walkthrough
45:29 Ethereum Vs The Invisible Hand
56:58 Should The Free Market Be in Control?
1:01:11 Moloch
1:08:13 Solo Validators
1:10:31 Defining Decentralization
1:15:49 Power Law Winners
1:19:03 Roll Apps vs App Chains
1:29:09 Defining Soverign Rollups
1:33:29 Sequencer Incentives
1:36:20 Exploring The Superchain
1:41:31 Price Discovery on Chain
1:44:15 Making Crypto Accessable
1:48:50 Permissionless Panel
1:51:29 Outro and Disclaimers

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠

Tim Beiko and Danny Ryan are two of Ethereum’s lead coordinators, and work at the Ethereum Foundation to shepherd the many parts of Ethereum into the future.

How are they feeling on the other side of the Merge? What does this mean for Ethereum?

Few (if anyone) on the planet are more qualified to discuss the Ethereum Proof-of-Stake than these two, and we use this episode to reflect on the magnitude of the event and look forward to the future of the network.

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Resources:

Tim Beiko  
https://twitter.com/TimBeiko 

Danny Ryan
https://twitter.com/dannyryan 

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. 

For years, it's been on the Ethereum roadmap to transition its blockchain from proof-of-work to proof-of-stake. Well, it's finally happened. This means that there are no more "miners" validating blocks on the Ethereum network. Instead, they've been replaced with "stakers" or "validators" who manage the network's rules by posting coins as a type of bond or security deposit. Why is that such a big deal for the industry? And what does it say about the future of crypto? On this episode, we speak with Christine Kim, a research associate at Galaxy Digital, who walks us through the significance of "the merge," how validation works and what's next for Ethereum.

See omnystudio.com/listener for privacy information.

First, Haseeb Qureshi was a Texas Hold’em poker player. Then Haseeb learned how to code and worked as a software engineer for Airbnb. He went down the crypto rabbithole and is now the managing partner at Dragonfly Capital, as well as an accomplished writer and coder.

He recently published an article titled Blockchains are Cities, expanding on a mental model for understanding the crypto landscape from a high level perspective. We brought Haseeb back onto the Bankless Podcast to dive into this metaphor, which explains how cities (and blockchains) scale.

We also explore the question of the decade: Will we live in a multi-chain world, or will there be “one chain to rule them all”?

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✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode
https://shows.banklesshq.com/p/debrief-haseeb-cities 

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Topics Covered:

0:00 Intro
6:00 Haseeb and Context
11:35 Why Cities?
17:15 Limitations & Trust
23:27 Scaling Like Cities
31:15 Who’s Building Vertically?
36:27 Application Specific Chains
45:14 Building More Cities
54:23 Goals, Tradeoffs, and Winners
1:01:20 Cross-Chain Bridges
1:05:59 Cities or Nation States?
1:12:36 Security and Military
1:23:20 Individuals vs Chains
1:30:36 Closing & Disclaimers

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Resources:

Haseeb on Twitter
https://twitter.com/hosseeb?s=20 
Dragonfly Capital
https://www.dcp.capital/ 
Blockchains are Cities
https://medium.com/dragonfly-research/blockchains-are-cities-564327013f86 
Why Decentralization Isn’t As Important As You Think
https://haseebq.com/why-decentralization-isnt-as-important-as-you-think/ 
I’m Worried No One Will Care About Rollups
https://medium.com/dragonfly-research/im-worried-nobody-will-care-about-rollups-554bc743d4f1 
The ETH2 Metropolis
https://newsletter.banklesshq.com/p/defi-in-the-eth2-metropolis-haseeb 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Guests:
Justin Moses - CTO of Synthetix
Robbie Ferguson - Co-Founder & President of Immutable
Matt Finestone - Head of Business Development at Loopring

We discuss how these three voices in the crypto space have been integral in building successful DeFi products on the Ethereum mainnet. Listen in for a deep-dive into the different methods these protocols have taken to implement their apps on an Ethereum Layer 2.

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AFTER THE SHOW DEBRIEF:
https://shows.banklesshq.com/p/exclusive-debrief-building-layer
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Topics Covered:
0:00 Intro
5:14 Loopring & ZK-Rollups
13:17 Immutable NFTs & ZK-Rollups
17:31 Synthetix & Optimistic Rollups
21:03 Why Ethereum? Why Rollups?
39:24 Layer 2 Efficacy/Roadmaps
1:01:25 Composability
1:18:22 L2 On-Ramps
1:27:52 Does L2 Compete w/ ETH?
1:34:47 Closing & Disclaimer

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Relevant Links:

Synthetix
https://synthetix.io/

Immutable
https://www.immutable.com/

Loopring
https://loopring.org/#/

An Incomplete Guide to Rollups (w/ Vitalik)
https://youtu.be/wcCHlqgGSH4

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Don't stop at the video!

Follow Bankless on Twitter
https://twitter.com/BanklessHQ

Follow Ryan on Twitter
https://twitter.com/ryansadams

Follow David on Twitter
https://twitter.com/TrustlessState

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures