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CoinDesk Podcast Network

THE PROTOCOL: Tests, Restaking, and Upgrades | How Is the Blockchain Ecosystem Shaping Up?

CoinDesk Podcast Network

CoinDesk

News, Daily News, Tech News, Business News

4.7 • 698 Ratings

🗓️ 8 February 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Special Guest Host Nebojsa Urosevic, Co-Founder and Senior Vice President of Research and Development at Tenderly, joins us to share insights on Ethereum's development process and future. This episode is sponsored by the Stellar Community Fund 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: The Solana Blockchain Freeze  Solana, the low-latency blockchain that's seen an explosion in activity in recent months, experienced an approximately five-hour outage on Tuesday. Eigenlayer Lifts Staking Cap, Soars Past $3B  The temporary lift comes as restaking on Ethereum is booming despite warnings from developers that it might strain the network. Taproot Wizards NFT Project Sells OUT All 3,000 of the "Quantum Cats" digital images were claimed by the end of Monday's public mint, selling for a fixed price of 0.1 BTC ($4,265) each – despite severe technical issues that had delayed the process by a full week. PROTOCOL VILLAGE INTERVIEW SEGMENT   Final ‘Holesky’ Testnet The test simulated “proto-danksharding,” a technical feature aimed at reducing the cost of transactions for rollups as well as making data availability cheaper. Guest: Nebojsa Urosevic is Co-Founder and SVP of R&D at Tenderly - A full-stack infrastructure solutions provider, powering Web3 developer teams with the essential tools and services throughout their development journeys. As a former software engineer for almost a decade, with experience in building, scaling and maintaining large-scale distribution cloud systems, Nebojsa is now responsible for the development and maintenance of a custom scalable Ethereum Virtual Machine that has the ability to reverse engineer transaction execution and perform various simulations in real-time. Takeaways |  The recent Solana outage highlights the challenges of scaling blockchain networks and the need for continuous infrastructure improvement. The Eigen Layer restaking protocol offers a new way to earn rewards and secure other protocols, but there are still risks and uncertainties associated with it. The DenKun upgrade and Proto-Dang Sharding are important steps towards improving scalability and reducing costs on the Ethereum network. The development of layer 2 solutions and the competition among them will play a crucial role in the future of Ethereum and blockchain technology. Sign Up for THE PROTOCOL NEWSLETTER  EPISODE LINKS |   Solana Back Up Following Major 5-Hour Outage  EigenLayer Lifts Staking Cap, TVL Soars Past $3B  Bitcoin NFT Project Taproot Wizards Sells Out First Collection, Raking in $13M  Ethereum's Dencun Upgrade Reaches Final ‘Holesky’ Testnet, Starting Countdown to Data 'Blobs' Tenderly  From Our Sponsor:  The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today. Apply for Funding at communityfund.stellar.org - 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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Wondery UK. That's audible.com slash Wondery UK.

0:49.6

This episode of the Protocol is sponsored by the Stellar Community Fund.

0:53.5

I would say that right now, Ethereum is more risk-averse when it comes to shipping new things,

0:59.4

because mainly they want to keep the chain up the whole time, which I get it.

1:03.8

Of course, that comes at the price of slower, slower building, less changes on the protocol level,

1:10.5

which I think are important

1:11.8

for the mass adoption of the blockchains. On the other hand, Salana is now tackling the security

1:17.7

side of the things. And it feels like Android and iPhone 10 years ago, now there's almost no

1:24.4

difference between the two softers.

1:33.8

Dive deep into the blockchain realm with the protocol podcast,

1:39.3

with Coin Desk founding editor of the protocol newsletter, Brad Cowan and tech journalists,

1:41.3

Sam Kessler and Margo Nykirk.

1:48.1

They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum, one block at a time.

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