THE PROTOCOL: Kraken’s Potential Layer 2 Development and Coinbase’s Influence
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 November 2023
⏱️ 34 minutes
🧾️ Download transcript
Summary
From the controversies in decentralized governance to the potential of decentralized data in Web3, this coverage delves into layer 2 developments and zero-knowledge proofs providing a glimpse into the promising future of blockchain and its ongoing evolution.
This episode is sponsored by Consensus 2024
Follow the show here for more.
In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, explore the following stories:
- Arbitrum Research Pitch
A proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
- The Graph Q&A
The Graph, a protocol for indexing and querying data stored on blockchains, plans to add AI-assisted querying with large language models as part of a suite of new features disclosed Tuesday.
PROTOCOL VILLAGE SEGMENT
- Margaux’s scoop on Kraken plus latest on L2s (Including Nil)
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs, and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.
EPISODE LINKS |
Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag
Almost All of DeFi Uses the Graph' – Q&A With Edge & Node CEO Tegan Kline
The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
Sign Up for THE PROTOCOL NEWSLETTER
From Our Sponsor:
CONSENSUS 2024 by Coindesk
Secure your $109 Developer Pass today and join us in Austin May 29-31 to explore the epicenter of blockchain innovation at Consensus. This is where the top blockchains show off their latest advancements, share their detailed roadmaps, dive deep with technical workshops, and forecast the next wave of innovation. Don’t wait! These passes are limited. Learn more and register: https://consensus.coindesk.com/register/developer/
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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:00.0 | dive deep into the blockchain realm with the protocol podcast with CoinDesk founding editor |
| 0:09.5 | of the protocol newsletter Brad Cowan and tech journalists Sam Kessler and Margo Nykirk. |
| 0:14.9 | They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum, |
| 0:20.4 | one block at a time. |
| 0:22.7 | Just a reminder, CoinDesk is a new source and does not provide investment advice. |
| 0:30.6 | Hello and welcome to the Protocol Podcast. I'm Brad Cown here with my co-hosts, Margo Nykirk and Sam Kessler. |
| 0:38.8 | Please, first, don't forget to subscribe to our weekly newsletter, The Protocol on |
| 0:44.3 | Coindex.com. |
| 0:46.5 | And real quick, let's just take a second. |
| 0:49.3 | We've got Sam Kessler here. |
| 0:51.9 | He's actually missed a couple of our recordings over the past few weeks |
| 0:55.1 | because he was down covering the Sam Bankman Free Trial, which is a story that Coin desk owns. |
| 1:01.6 | Or we did break the story that led to the ultimate collapse of his business empire. |
| 1:09.0 | Sam, you've been down at this trial and just like getting up at what, |
| 1:13.9 | like 3 a.m. to get in line to get in the courtroom. Tell us what has it been like covering that |
| 1:20.6 | trial. Yeah, it was a crazy experience. I'm glad to kind of be back to my normal life. Like you said, |
| 1:27.4 | some days you had to wake up |
| 1:28.4 | as early as 3 a.m. Somebody showed up at 10 p.m. previous evening once to see Sam testify. I was not that |
| 1:34.2 | crazy. I can only do that a few times the early day. But anyway, overall, it was a pretty insane experience. |
| 1:41.5 | And yesterday we did sort of a panel with Coin Desk reporters, |
| 1:45.5 | the, you know, four of the five Coin desk reporters who have covered this throughout the |
| 1:49.7 | month long run of the trial to hear from members of the crypto community about |
... |
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