Okay, welcome everybody to The Breakdown. I'm your host, David Connellis. The sun is shining. I'm a little bit sick, so if my voice is a little bit more nasally and sniffly than usual, I do apologize. Hopefully you can bear with me. We are looking at interesting stuff happening across crypto this week. We're going to be looking at the launch of mega-eath and points campaigns and

airdrops and everything of that nature. What's going to be looking at the state of the

defy bailout, defy United initiative to plug the losses associated with the Kelpdow attack.

We're also looking at meta- coins, enabling stable coin payouts for certain creators.

And we're also going to be touching on the Blockworks fundraise and a rebrand.

So without further ado, let's get to it.

Okay, so let's start with MegaEath.

When I talk to people, I mean, this is one of the most projects that people are the most excited about to see,

to see what happens with the market response to Mega-Eath.

And for those who aren't really familiar, Mega-Eath is a layer too,

but it's really taking the centralization aspect and really running

with it and making a point of it in that there's just one sequencer node so there's just one

machine that's that's processing all the transactions and there's some other other things about

the the block architecture that allow it to process transactions

ultra quickly, but it is really centralized.

But that's kind of the point.

If we can't run a lot of these consumer grade apps on at least Ethereum as it is,

then you might as well just throw decentralization to the wind

and just go all in on one machine

and be able to process transactions super quickly.

They're trying to,

they're marketing it as the first real-time blockchain,

...