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Bankless

Is the Ethereum Roadmap Off Track? | Max Resnick

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 4 September 2024

⏱️ 87 minutes

🧾️ Download transcript

Summary

Is the Ethereum roadmap… off track? Have we lost the plot? Are L2s running interference, intercepting all the users, transactions, and value from reaching the L1? And if all of this is real, and not just FUD, what should we do about it?

We have Max Resnick on the show today, he's an Ethereum researcher working at Special Mechanism Group and he’s got some opinions that are contrary to what is typically found out of the Ethereum Rollup Centric Roadmap.

Max explains why Ethereum is breaking down on its vision for bringing the world onto decentralized, censorship resistant, permissionless blockchains, and suggests possible alternative directions.

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🎬 DEBRIEF | Ryan & David Unpacking the Episode:
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TIMESTAMPS

0:00 Intro
5:08 Max’s Contrarian Take
12:20 The State of Rollups
17:59 Are L2s Extensions of Ethereum?
27:52 What Needs to Change
44:33 Based Rollups
50:05 The Holy Grail Blockchain
59:02 Scaling the L1
1:05:29 Max’s Incentives
1:09:53 Why Not Solana?
1:14:06 Navigating ETH’s Roadmap
1:18:05 ETH: The Asset
1:22:15 Value Capture
1:23:58 Call to Action
1:26:43 Closing & Disclaimers

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RESOURCES

Max Resnick
https://x.com/MaxResnick1

Max Resnick Holy Grail Blockchain Tweet
https://x.com/MaxResnick1/status/1826630256008331301

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

Transcript

Click on a timestamp to play from that location

0:00.0

Max are you trying to start a civil war here within the Ethereum?

0:04.0

I'm not, I'm just like if you're saying that you're

0:06.3

Ethereum aligned and you're saying that you've been working on a

0:09.1

decentralized sequencer, like do it.

0:11.8

Don't like continue to pass the ball and say it's going to be next month

0:15.0

over and over and over again forever like do it.

0:19.0

Welcome to Bankless where we explore the frontier of Internet money and Internet finance and today on Bankless

0:27.0

we explore a potential new frontier of the Ethereum roadmap. The question we're asking today is the Ethereum roadmap off track. The users transactions and value from reaching the

0:42.5

ethereal one. Are layer two's extensions of ethereal

0:45.4

how is the current set of centralized sequencer

0:48.1

optimistic roll-ups misaligned with the etherealmler one and what are the

0:51.7

consequences of this if we let it go unchecked? And if all of this is real and not just FUD, what should we do about it? We have Max Reznik on the show today. He's an Etheorem researcher working at the special mechanisms group.

1:02.9

He's got some opinions that are contrary to what is typically found out of the ethereal

1:07.3

roll-up centric roadmap. Max talks today about where ethereal is breaking down on his

1:12.0

vision for bringing the world onto decentralized about where Ethereum is breaking down on its vision

1:12.7

for bringing the world onto decentralized

1:15.0

censorship-resistant permissionless blockchains

1:17.5

and suggests possible alternatives

1:19.2

for directions for what Ethereum can do about it.

1:21.6

This is kind of a contrarian type of episode,

1:24.3

I would say.

1:24.9

And David, I gotta tell you I'm a little bit worried

...

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