35 - Designing Ethereum | Vitalik Buterin
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4.7 • 1.2K Ratings
🗓️ 19 October 2020
⏱️ 119 minutes
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35 - Designing Ethereum | Vitalik Buterin
With Ethereum 2.0 on the horizon, we bring Vitalik Buterin back onto the podcast to discuss the 'why' behind many of the design choices of Ethereum 2.0
Why Proof of Stake? Why Sharding?
We also go over what has been discovered and added between the 2015 launch of Ethereum 1.x, and where we are now, such as
- EIP1559
- Rollups
as well as Vitaliks view of a 'rollup centric Ethereum'
We also discuss the process going getting Ethereum 1 onboarded into Ethereum 2.0, as well as a rollup-round where we ask some quick questions!
'Rollup Centric Ethereum' blog post: https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698
Get ready for Staking: https://bankless.substack.com/p/guide-becoming-a-validator-on-the History:
https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/
https://vitalik.ca/general/2019/11/22/progress.html
https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/
https://vitalik.ca/general/2020/08/17/philosophy.html
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Transcript
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| 0:00.0 | Welcome to Banquist, where we explore the frontier of internet money and internet finance. |
| 0:18.1 | This is how to get started, how to get better, and how to front-run the opportunity. |
| 0:22.7 | This is Ryan Sean Adams. |
| 0:23.7 | I'm here with David Hoffman, and we're here to help you become more Banquist. |
| 0:29.0 | David, how are you feeling after this episode? |
| 0:32.0 | Absolutely stoked for the future of Ethereum, as I usually am. |
| 0:36.3 | Ryan, when we started this podcast, the first 10 or so episodes was really about getting |
| 0:41.1 | people onboarded into the Banquist world, into the world of crypto monies and protocols |
| 0:46.9 | as financial institutions, and then DeFi blew up really hard really fast, and we had to |
| 0:53.1 | answer for that. |
| 0:54.1 | There was a lot of excitement going on. |
| 0:55.8 | But we never got to the topic of values as they are baked into the systems that we are |
| 1:01.9 | using, specifically at the base layer of Ethereum itself. |
| 1:05.8 | This is what that episode was for. |
| 1:07.8 | This episode is about learning, about the design choices of the Ethereum protocol, and how |
| 1:13.9 | different values have been baked into how we have chosen to build Ethereum and how we have |
| 1:19.5 | chosen to build Ethereum into the future. |
| 1:22.1 | Yeah, if you're looking to understand what Ethereum is and what its future roadmap is, |
| 1:26.3 | this is the episode for you. |
| 1:28.1 | I hope this becomes kind of a canonical episode for anyone who wants to learn about Ethereum, |
| 1:34.0 | and who better to explain it than Vitalik. |
| 1:36.4 | He has fantastic explanations. |
... |
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