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Unchained

The Chopping Block: Why Canto, Up Nearly 500% This Month, Has Its Haters - Ep. 452

Unchained

Laura Shin

Tech News, Business News, News

4.61.3K Ratings

🗓️ 4 February 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they cover: why Bitcoin maximalists are mad about Bitcoin NFTs why Robert thinks Bitcoin is not a good blockchain on which to build things why Canto, a layer 1 blockchain, surged in price and activity and why Haseeb is anti-Canto how Ethereum will have multi-dimensional fee structures  what the role of applications in generalized blockchains should be and why they think they shouldn't be enforced at the base layer the accusations against the LayerZero team and their response the battle to provide the bridging services to Uniswap Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Tarun Chitra, managing partner at Robot Ventures Robert Leshner, founder of Compound  Tom Schmidt, general partner at Dragonfly Capital Links Disclosures Bitcoin NFTs:  The Block: What are Bitcoin NFTs Ordinals and how do they work? BTC: Core On-chain - Glassnode Studio Bitcoin - The Overview Ordinals Canto:  The Block: Layer 1 blockchain Canto sees surge in trading activity Canto - Lending LayerZero controversy: James Prestwich’s tweet Bryan Pellegrino’s response Explanation of the situation by Bartek 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 puns.

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 manage trading firms who are very involved.

0:10.7

I like that eat the ultimate problem.

0:12.8

DeFi protocols are the antidote to this problem.

0:16.9

Hello everybody, welcome to the chopping block.

0:19.0

Every couple of weeks, the four of us get together

0:20.6

and give the industry insider's perspective

0:22.2

on the crypto topics of the day.

0:24.2

So let's kick it off with intro.

0:25.5

It's first who we got Tom, the DeFi Maven

0:27.2

and Master of Memes.

0:28.6

Next up, we've got Robert, the crypto connoisseur

0:30.5

and Captain of Compound.

0:32.3

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

0:35.8

And finally, we've got myself,

0:36.8

I'm deceived, the head height man at Dragonfly.

0:39.2

The four of us are early stage investors in crypto,

0:41.0

but I want to caveat that nothing we say here

0:42.8

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

0:45.8

please see chopping block that XYZ for more disclosures.

...

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