Did Ethereum Break? with Preston Van Loon & Terence Tsao
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 18 May 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
Did Ethereum break or what actually happened?
We brought on Preston Van Loon & Terence Tsao, two Ethereum Protocol Developers, to help us answer that question.
------
📣 CONSENSYS | DILIGENCE FUZZING
https://bankless.cc/diligence-fuzzing-pod
------
🚀 Airdrop Alpha is waiting for you on Bankless.com
https://bankless.cc/Alpha
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
👾STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku
🎮IMMUTABLE | GAMING ECOSYSTEM
https://bankless.cc/Immutable
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
------
Timestamps:
0:00 Intro
7:53 Did Ethereum Break?
8:22 What Happened?
14:50 Slot Visualization & Connectivity
20:30 Did Users Notice?
23:57 Why Was This Worrisome?
26:19 Preston & Terence's Emotional Response
35:55 Ethereum Resilience
39:30 Was This Good For Ethereum?
41:20 Solana vs. Ethereum Liveness
44:40 Closing & Disclaimers
------
Resources:
Is Ethereum Breaking?
https://twitter.com/BanklessHQ/status/1657122512516575232
Preston Van Loon
https://twitter.com/preston_vanloon
Terence Tsao
https://twitter.com/terencechain
-----
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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In the night with finality on the Ethereum blockchain last week, and we want to go over |
| 0:12.2 | that today with some experts who can help us answer the question as to whether Ethereum |
| 0:16.8 | broke or not. |
| 0:17.8 | What does it mean to break? |
| 0:18.9 | What happened? |
| 0:20.0 | What does non-finality mean? |
| 0:21.7 | I think we'll talk about that and what are the risk conditions that we are exposed to |
| 0:26.3 | as a result of this. |
| 0:27.8 | How did Ethereum handle this event is really the central question in my mind? |
| 0:31.4 | David, who do we have on today? |
| 0:33.9 | We have Preston Van Loon and Terence Tao of the co-founders of Prismatic Labs now in |
| 0:38.4 | Arbitrum, now part of Off-Chain Labs, and we've brought Preston and other members of |
| 0:43.8 | Prismatic on to the show before to understand the world of clients, because it is a complicated |
| 0:49.9 | world. |
| 0:50.9 | But not so complicated that we won't be able to understand it here on the show. |
| 0:53.9 | Some very important questions with some very smart people who have been with the Ethereum |
| 0:58.3 | proof of stake effort since it was once upon a time called Ethereum 2. |
| 1:03.0 | But before we get into the show, we're going to have to talk to our friends and sponsors |
| 1:06.0 | at consensus, because we've got to talk about this thing called diligence fuzzing. |
| 1:10.3 | It's a new fuzzing. |
| 1:11.3 | Just fuzzing. |
| 1:12.3 | Just fuzzing. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.