THE PROTOCOL: The Trio of Crypto Trends |Is It a Meme or Is It Hype? Ethereum Tokens, a Bitcoin Code Resurgence and Airdrop Fever
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 15 February 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
The hosts dissect three key topics: the inception of DN 404 tokens on Ethereum, the resurgence of the OP_CAT function in Bitcoin, and the ongoing airdrop season in the crypto sphere, delving into the implications and controversies surrounding these developments.
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:
Developers on the Ethereum platform introduce 'DN-404' tokens.
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain.
The 'OP_CAT' function from the Satoshi-era Bitcoin code is being revived amidst a surge in development enthusiasm.
Developers Ethan Heilman and Armin Sabouri view OP_CAT as a simple opcode that offers some of the general-purpose functionality currently missing in Bitcoin
The Eigenlayer TVL experiences a significant spike due to a suspected airdrop.
Capital locked on restaking protocols is now at $10 billion, in December it was just $350 million.
Takeaways |
ERC-404 tokens on Ethereum allow for the fractionalization of NFTs, enabling greater liquidity and trading opportunities.
The revival of the Opcat function in Bitcoin's development could open up new possibilities for building on the network.
Airdrop season is in full swing, with various projects distributing tokens to reward users and incentivize participation in their ecosystems.
Sign Up for THE PROTOCOL NEWSLETTER
EPISODE LINKS |
Ethereum Developers Create 'DN-404' Tokens After ERC-404s Send Network Fees Surging
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12000% in One Week
Satoshi-Era Bitcoin Function 'OP_CAT' Dusted Off as Development Fervor Grows
Starknet Blockchain Plans Much-Awaited Airdrop of New STRK Tokens Next Week
EigenLayer's Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up
Wormhole airdrop: Wormhole (W) Tokenomics
-
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
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash |
| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.6 | This episode of the Protocol is sponsored by the Stellar Community Fund. |
| 1:08.4 | Dive deep into the blockchain realm with the protocol podcast, with CoinDesk founding editor of the protocol newsletter, Brad Cowan and tech journalists, Sam Kessler and Margo Nykirk. |
| 1:13.6 | They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum, |
| 1:15.1 | one block at a time. |
| 1:20.3 | Just a reminder, CoinDesk is a news source and does not provide investment advice. |
| 1:26.4 | Hello and welcome to the Protocol podcast. |
| 1:30.0 | I'm Brad Cowan here with my co-hosts, Margo Nykirk, |
| 1:36.2 | and Sam Kessler. Excited to dive into today's show with the latest news and developments and technology behind crypto and blockchains. First, please do not forget to subscribe to our weekly newsletter, |
| 1:42.3 | The Protocol on coindusk.com. |
| 1:45.3 | Let's dive right into it. |
| 1:46.5 | Our first story, we're talking about Ethereum developers create DN404 tokens after ERC 404's |
| 1:56.0 | send network fees surging. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2025.