134 - Ethereum Uncensored with Justin Drake
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 29 August 2022
⏱️ 119 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode:
https://shows.banklesshq.com/p/debrief-ethereum-unsensored
With Tornado Cash sanctioning news making waves, the crypto community is asking a big question: Is censorship on Ethereum possible?
We brought on Ethereum researcher Justin Drake to explore this question in detail.
Establishing and preserving censorship resistance is possibly the most important challenge faced by the Ethereum. Covering deep topics like weak vs strong censorship, user-activated soft forks, Justin takes us down what is perhaps our most important rabbit hole yet.
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Topics Covered:
0:00 Intro
6:00 Justin Drake Returns
8:45 What is Censorship Resistance?
13:00 Censorship in Crypto
15:25 Weak vs Strong Censorship
21:25 Ethereum Today
26:35 The Ethereum Nation
31:12 Why This Matters
35:25 Preventing Weak Censorship
42:55 Light Clients
46:26 Proposers and Builders
52:50 Enforcing Transactions
59:24 The Mempool
1:03:45 The Weak Censorship Endgame
1:10:00 Preventing Strong Censorship
1:15:00 Diversity
1:20:00 Activist Staking
1:26:25 A Recovery Scenario
1:33:40 Social Fork
1:40:40 A Forking Deterrent
1:44:45 The Human Shield
1:50:45 Property Rights
2:01:00 The Strong Censorship Endgame
2:05:00 The Broader Context
2:10:56 Justin’s Confidence
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Resources:
Justin Drake
https://twitter.com/drakefjustin
Flashbots Episode
https://youtu.be/xex9WVmVfbg
Justin Drake Episodes
https://youtu.be/1m12zgJ42dI
https://youtu.be/dHpAC0m8Rkk
https://youtu.be/FQTZSb3Rc9I
https://youtu.be/bWqhn1hXvVc
Solo Staking
https://www.reddit.com/r/ethstaker/
https://rocketpool.net/
Crypto Lobby Groups
https://gitcoin.co/coincenter
https://www.defieducationfund.org/
https://gitcoin.co/grants/3974/electronic-frontier-foundation
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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.
Transcript
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| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:11.8 | This is how to get started, how to keep better, how to front run the opportunity. |
| 0:15.2 | This is Ryan Sean Adams. |
| 0:16.2 | I'm here with David Hoffman, and we're here to help you become more Bankless. |
| 0:21.2 | Guys, fantastic episode today, timely episode, uncensored Ethereum. |
| 0:26.5 | The topic is censorship. |
| 0:28.9 | Ethereum. |
| 0:29.9 | Is it possible? |
| 0:30.9 | We brought on Justin Drake, who is one of Ethereum's top researchers, to answer this |
| 0:35.0 | question in detail. |
| 0:36.4 | The question of, how hard is it to actually censor Ethereum? |
| 0:41.1 | A few benefits and takeaways for you today. |
| 0:43.7 | Number one, is Ethereum really censorship resistant? |
| 0:46.7 | We asked Justin this question. |
| 0:48.3 | We find out where the weak points actually are. |
| 0:51.3 | Number two, how do we preserve censorship resistance in Ethereum in the future? |
| 0:56.1 | Justin talks about the roadmap towards doing this. |
| 0:58.8 | He's bullish. |
| 0:59.8 | Number three, weak censorship versus strong censorship. |
| 1:03.3 | This is an essential mental model that Justin gives us for trying to understand censorship |
| 1:08.9 | on Ethereum and how it can occur. |
| 1:11.7 | And number four, how the community can censor the censors. |
... |
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