So when we were thinking about building phase, probably our largest concern, the thing that was like holding us back from building it, was will people take us seriously when we say we're going to decentralize because it's coming from a big centralized corporation?

I think that a lot of people might look at that and be like okay who are these jokers what are they doing why are they trying to co-op this?

Hello and welcome to web three with A16Z, a show about building the next era of the Internet by the team at A16Z crypto. That includes me, host Robert Hackett.

Today's episode covers the bustling area of me host Robert Hackett.

Today's episode covers the bustling area of layer two roll-ups,

a technology for scaling layer one blockchains such as Ethereum.

Joining us is Jesse Pollack, who previously led engineering for Coinbase's retail

side and who now is the company's head of protocols where he founded and leads the popular

layer 2 roll-up base.

We're also joined by Noah Citron, an engineer at A16Z crypto

who works on many open source projects and protocols

and who closely tracks developments in this area.

Our conversation digs into the shifting history and future of Ethereum, the arrival of upgrades

like EIP 4844, experiments in futarchy, and the difference

between leading and innovating inside companies versus within decentralized communities.

We also discuss the challenges of winning developer Mindshare, how to refine business metrics

and measures, understanding the tangled interactions between roll-ups and bridges,

and whether you should ever hyphenate the word on chain.

As a reminder, none of the following should be taken as tax, business, legal, or investment advice.

See A16ZC crypto.com slash disclosures

for more important information,

including a link to a list of our investments.

...