THE PROTOCOL: Leadership Turmoil Hits Cosmos, ENS and Unstoppable Domains Fuel Tech Ownership Debate and More

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 30 November 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Cosmos faces internal leadership challenges, with its founder advocating for a 'hard fork.' Concurrently, the Ethereum Name Service founder contemplates challenging Unstoppable Domains in light of its recently approved patent. Meanwhile, concerns arise about a potential Blast 'backlash,' leaving investors unsettled by recent developments in the crypto landscape. 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: Cosmos - Cosmos' founder Jae Kwon favors splitting the blockchain into two Cosmos Hub is an intermediary among all independent blockchains created within the Cosmos network. ATOM powers the Cosmos ecosystem of blockchains programmed to scale and interoperate with each other. Ethereum Name Service (ENS), in an intellectual-property dispute with rival Unstoppable Domains. ENS Founder Nick Johnson told CoinDesk he’s unhappy with Unstoppable Domains's patenting of work that he claims he produced and published earlier. PROTOCOL VILLAGE SEGMENT BLAST The idea of a yield-paying layer-2 blockchain atop Ethereum has demonstrated market allure. However, even the project's biggest investor has taken issue with the execution and marketing surrounding the initial rollout. And something hot off the presses - CELO With hot competition between layer-2 technology providers like Optimism, Polygon, and Matter Labs, Celo's choice is being closely watched by the blockchain industry. EPISODE LINKS | Cosmos Founder Calls for Chain Split; ATOM Down 3% 'We Are Prepared to Go to the Mat:' ENS Founder on Patent Dispute With Unstoppable Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype 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/ - 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

Click on a timestamp to play from that location

0:00.0	dive deep into the blockchain realm with the protocol podcast with CoinDesk founding editor of the
0:10.0	protocol newsletter Brad Cowan and tech journalists Sam Kessler and Margo Nykirk. They unravel the
0:16.4	intricate technologies powering cryptocurrencies like Bitcoin and Ethereum, one block at a time.
0:22.7	Just a reminder, CoinDesk is a new source and does not provide investment advice.
0:30.5	Hello and welcome to the Protocol podcast. I'm Brad Count here with my co-hosts, Margo,
0:36.6	Nykirk and Sam Kessler.
0:38.6	First, before we get into it, please do not forget to subscribe to our weekly newsletter,
0:44.2	The Protocol, on coindex.com.
0:47.0	And now let's get into it, as we say, with the latest news and developments in technology
0:51.4	behind crypto and blockchains.
0:53.7	In our first segment, we're going to be talking about Cosmos,
0:58.6	and the big story this week from our colleague Omkar-Gobelay.
1:03.6	Cosmos founder calls for chain split.
1:07.1	This is kind of an interesting one, Sam.
1:09.2	Why don't you just start off by kind of summarizing what was this story?
1:15.1	Yeah, so Cosmos is for those who aren't familiar, like this family of blockchains that are all connected using this similar sort of technology,
1:23.4	kind of like in some ways to what we talk about with optimism, Arbitrum, and some of these other things that are doing similar stuff in the Ethereum layer two space.
1:32.1	But anyway, Cosmos has been doing this for a while and one of the founders, Jake Kwan, and we can get into this in a little bit, he is a bit of a controversial figure in that ecosystem.
1:41.2	And after losing a governance vote, that would change the tokenomics for
1:46.1	Adam, which is one of the tokens that runs the Cosmos Hub, which is one of the blockchains,
1:52.5	or the blockchain that kind of originated the Cosmos ecosystem. He's proposed a chain fork
1:59.2	after losing this governance vote that would change, like I said, the tokenomics, in specific the inflation rate of Adam, this token.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.