roll ups

In this episode, David is joined by Co-Founder of Fuel Labs and Celestia, John Adler. Fuel is the fastest modular execution layer and Celestia is the first modular blockchain network.

John and David explore how modular blockchains are shaping the future of the space, what Fuel is, why it’s different than other L2s on Ethereum, why John believes Fuel is the leading L2, and so much more.

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📣 Opolis | Get 1000 $WORK and 1000 $BANK
https://bankless.cc/opolis 

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⚖️ ARBITRUM | SCALING ETHEREUM
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🦁 BRAVE | THE BROWSER NATIVE WALLET
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💠 NEXO | CRYPTO FINANCIAL HUB
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🔐 LEDGER | NANO HARDWARE WALLETS
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⚡️FUEL | THE MODULAR EXECUTION LAYER
https://bankless.cc/Fuelpod 

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Topics Covered

0:00 Intro
3:56 John’s Background
5:30 Creating Optimistic Rollups
6:56 Fuel’s Design Choice
9:50 Defining a Rollup & Modular Execution Layers
18:00 More Modular L2s
18:53 Fuel Flexibility
20:36 Data Compression
21:24 Fuel VM
26:55 The Fastest
35:27 Reducing Waste & Speed
38:42 Fuel Origin & Roadmap
48:59 Fuel’s Growing Ecosystem
52:36 Where Are L2s Going?
1:00:50 Call to Action For Listeners

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Resources:

John Adler
https://twitter.com/jadler0 

Fuel Labs
https://twitter.com/fuellabs_ 

Celestia Labs
https://twitter.com/CelestiaOrg 

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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://www.bankless.com/disclosures 

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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📣 ALTO IRA | THE CRYPTO RETIREMENT ACCOUNT
https://bankless.cc/AltoIRA 

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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/ 
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

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BANKLESS SPONSOR TOOLS: 

👀 POLYGON | LAYER 2 DEFI
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❎ ACROSS | BRIDGE TO LAYER 2
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🦊 METAMASK | THE CRYPTO WALLET
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💳 LEDGER | THE CRYPTO LIFE CARD
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🧙‍♂️ ALCHEMIX | SELF REPAYING LOANS
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🦄 UNISWAP | DECENTRALIZED FUNDING
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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