Arbitrum's BOLD New Bet with Ed Felten & Raul Jordan
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 9 August 2023
⏱️ 67 minutes
🧾️ Download transcript
Summary
What did the Arbitrum L2 just unlock with its BOLD release? What stage of L2 is Arbitrum in? What is next for decentralizing the Arbitrum stack? We brought on Ed Felten and Raul Jordan to help answer these questions and much more.
Ed Felten is a Co-Founder of OffChain Labs, the organization that created Arbiturm.
Raul Jordan is one of the Co-Founders of Prysmatic Labs, the Ethereum consensus client which not too long ago got acquired by Offchain Labs.
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TIMESTAMPS
0:00 Intro
7:30 What is BOLD?
9:20 Are L2s Decentralized?
19:30 BOLD Timeline
23:40 What Does BOLD Solve?
27:15 How Does BOLD Work?
31:35 Why Use BOLD?
38:00 Shared Sequencing
42:30 Why Was BOLD Hard to Build?
48:50 Will BOLD Be Open-Source?
50:00 Are L2s Secure?
52:30 Staking $ARB
1:00:20 Arbitrum's New Tech
1:03:50 Ethereum's Overarching Roadmap
1:06:30 Closing & Disclaimers
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RESOURCES
BOLD, Permissionless Validation for Arbitrum Chains
https://offchain.medium.com/bold-permissionless-validation-for-arbitrum-chains-9934eb5328cc
Ed Felten
https://twitter.com/EdFelten
Raul Jordan
https://twitter.com/rauljordaneth
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Transcript
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| 0:00.0 | Thankless Nation we have a bold episode ahead of you because Arbitrum just released Arbitrum |
| 0:10.1 | Bull don't shake your head David that was a good plan we're talking about the |
| 0:15.3 | decentralization of layer two's it's a process it's a continuing journey to |
| 0:20.6 | make our layer two's more and more decentralized over time and this has been |
| 0:24.9 | the next bold step don't kill me David what are we covering today you're |
| 0:31.5 | well you said we're covering Arbitrum Bull I think I'll call this a gym badge |
| 0:36.6 | for Arbitrum Arbitrum has won a gym badge who is a gym badge for people who |
| 0:42.3 | don't lift David that's a Pokemon reference brother and so layer two |
| 0:48.7 | beat layer two beat dot com it's a site that kind of gives a grade of security |
| 0:54.2 | across all of the layer two's and Arbitrum it's not live yet it's going to be |
| 0:59.3 | sent for doubt proposal and you would imagine that the Arbitrum Dow would |
| 1:02.8 | approve it and upon approval there is going to be a yellow slice on layer two |
| 1:08.1 | beat that turns into a green slice this is the level of analysis that listeners |
| 1:11.8 | come to bankless for so we're going to open up yeah so we'll talk to Ed |
| 1:16.3 | and Rollwell from Arbitrum about the show about this particular risk vector to |
| 1:20.2 | layer two's as well as the rest of the other slices that need to turn green |
| 1:24.4 | but Arbitrum importantly not only is getting a green slice on a particular |
| 1:28.6 | variable that makes up a layer two a critical component but they are also the |
| 1:32.2 | first layer two to get this green slice which is why we're doing the show |
| 1:36.4 | today that seems pretty important I think we're also going to talk about this |
| 1:40.8 | idea of staking maybe not staking ETH though which we love to talk about but |
| 1:44.9 | maybe the ideas of staking the Arbitokin what does that even mean what could |
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