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Unchained

The Chopping Block: Are Layer 2s Stealing Ethereum’s Thunder? - Ep. 484

Unchained

Laura Shin

News, Business News, Tech News

4.61.3K Ratings

🗓️ 22 April 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra chop it up about the latest news. In this episode, the gang plays “guess the chart” and takes a deep dive into the booming world of Ethereum Layer 2s. Show highlights:  how much Layer 2s are spending to post data to Ethereum whether L2s suck up all the value of ETH the challenge of providing a good user experience across multiple rollups how the underlying technology of security is not improving but attackers are getting more sophisticated whether centralized lending in the industry is dead why crypto users still hold stablecoins that yield much lower than Treasury bills the new approach to bringing real-world assets and tokenized yields to blockchains whether all L2s are running via proof of authority whether alternative Layer 1s are dead or are actually more important than ETH L2s Hosts Haseeb Qureshi, managing partner at Dragonfly  Robert Leshner, founder of Compound  Tarun Chitra, managing partner at Robot Ventures Tom Schmidt, general partner at Dragonfly  Disclosures Links Hildebert’s charts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Not as dividend, it's a tale of two pun.

0:02.4

Now your losses are on someone else's balance.

0:05.2

Generally speaking, air drops are kind of pointless anyways.

0:08.0

I'm here for trading firms who are very involved.

0:10.8

I like that heat of the ultimate problem.

0:12.8

DeFi protocols are the antidote to this problem.

0:16.6

Hello everybody, welcome to the chopping block.

0:18.7

Every couple weeks, the four of us get together

0:20.3

and give the industry insider's perspective

0:21.9

on the crypto topics of the day.

0:24.2

We're doing a special late-night episode.

0:25.9

It is midnight here, and we're all very tired.

0:28.8

But we didn't have it observed for the chopping block this week.

0:31.2

And so we thought we would record something for you.

0:34.0

First up, we've got Tom, the DeFi Maven, and Master of Neams.

0:37.8

Next we've got Robert, Crypto Connoisseur, and Captain of Compound.

0:41.6

And we've got Turun, the Gigabrain, and Grand Puba at Conlet.

0:45.0

And you've got myself, I'm a Siebe.

0:47.0

I'm the head height man, a Dragonfly.

0:49.0

But we are early stage investors in crypto,

0:50.7

but I want to caveat that nothing we say here

0:52.4

is investment advice, legal advice, or even life advice.

...

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