Did the Merge Make Ethereum 'the Most Secure Blockchain in the World'? - Ep. 397

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 16 September 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Justin Drake, researcher at the Ethereum Foundation, talks about the Merge, how this transition affects Bitcoin, where Ethereum’s road map is going, and more. Show highlights: how Justin was feeling prior to and during the Merge whether the upgrade is complete or there are other things to watch out for why Ethereum has slashing and why it is a better form of removing any attackers the concern about centralization due to liquid staking derivatives providers, like Lido or Coinbase how the Merge affects MEV and the long-term vision of proposer-builder separation whether the Merge puts pressure on BTC to also transition to proof of stake what impact ETH’s more deflationary nature will have on BTC’s narrative as digital gold why Ethereum is the settlement layer for the internet of value whether there is a winner take all dynamic in the blockchain industry why Ethereum is more secure than Bitcoin, according to Justin what Justin thinks about the ETHPoW fork and its team and the risks of interacting with the ETHPoW fork the next steps in Ethereum’s roadmap Thank you to our sponsors! 1inch Crypto.com Messari Justin Twitter Previous Coverage of Unchained on the Merge: How Traders Are Thinking About the Merge -- and a Potential ETHPoW Chain Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold? Why Kevin Zhou Believes Ethereum Will Have 3 Forks After the Merge Post-Merge, If Lido Becomes Dominant, What Does That Mean for Ethereum? The Merge: Vitalik announcement of the Merge Ethereum carbon emission reductions A guide on the Merge by Dan Chen from Sequoia Capital ETH Post-Merge Dynamics: Ultra sound money ETH issuance and burn Cumberland on the Ethereum dynamics after the merge Miles Suter on the implications of the Merge The triple point asset Post Merge MEV: PMCGoohan’s tweet Pintail on post-Merge MEV ETH Proof of Work Poloniex announces a different token ETHPoW team Mainnet announcement Ethereum’s roadmap: ETH Vision Haym on Ethereum’s roadmap Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi, everyone. Welcome to Unchained, your no-hype resource for all things crypto. I'm your host, Laura Shin,
0:10.3	author of The Cryptopians. I started covering crypto seven years ago, and as a senior editor,
0:15.3	Forbes was the first Meetry Meter Porter to cover cryptocurrency full-time. This is the September 16,
0:20.8	2022 episode of Unchained. Want to know what you missed in the last 24 hours? Unchained,
0:26.6	daily news bits are now on YouTube with the biggest headlines and 60 seconds or less.
0:56.9	An entering promo code Unchained at checkout. See you this fall at Maynet 2022.
1:03.9	With the crypto.com app, you can buy, earn, and spend crypto in one place,
1:08.7	download and get $25 with the code Laura, link in the description. One-inch is a top
1:14.9	Dex aggregator that finds the best rates across multiple networks. Why use a single Dex when
1:21.3	you can use them all? Get one-inch on your phone now or swap on one-inch.io.
1:29.3	Today's guest is Justin Drake, researcher at the Aetherian Foundation. Welcome, Justin.
1:35.5	Hi, Laura. Thanks for having me again.
1:38.0	Congrats on a successful merge. This was a truly exciting event, a huge deal in the world of
1:45.1	crypto. Tell us about your experience of the merge. What were you feeling beforehand and what
1:51.0	did you feel once the transition happened? I was a little nervous to be fair, to be forehand.
1:57.2	Maybe the day before, I started feeling, hey, this is real. For a long time, it was just
2:02.7	theoretical and it's been so long that I've been used to thinking that it's in the future,
2:09.6	but no, it was actually coming. In terms of how I felt in the moment, I was extremely tired,
2:17.9	and the reason is that we almost pulled the whole all-nighter with the ultrasound.money team.
2:25.9	We were pushing as hard as we could to get this feature where you can basically track
2:30.6	the supply after the merge and see how much it had decreased or increased relative to the point
2:36.9	of the merge. Actually, my partner who's here right next to me, Alex, Tesla, Michael,
	...

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