THE PROTOCOL: The Zuzalu Retreat, Million-Dollar Bitcoin Art, and Ethereum Diversity Dilemma

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Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 25 January 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Grants are sparked by a retreat led by Vitalik Buterin, and creations akin to NFTs are minted on the Bitcoin blockchain, garnering attention at Sotheby's. Meanwhile, a glitch in Ethereum's Nethermind client software resulted in the removal of 8% of validators. 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: TOPICS | Zuzalu - Vitalik Buterin-Led Retreat in Montenegro The program aims to continue the "growth of the pop-up city movement" and "support technology-driven projects,” according to a post on Gitcoin. Genesis Cat NFT Sells for $254K in Sotheby's Auction The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain's Ordinals protocol. All in, some 19 lots sold by Sotheby's raked in a combined $1.1 million. Ethereum outage The lion's share of Ethereum's validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk. EPISODE LINKS | Zuzalu, Vitalik Buterin-Led Retreat in Montenegro, Inspires Grants for 'Zu-Villages' Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction Bug That Took Down 8% of Ethereum's Validators Sparks Worries About Even Bigger Outage Sign Up for THE PROTOCOL NEWSLETTER 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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0:00.0	This episode of The Protocol is sponsored by the Stellar Community Fund.
0:07.9	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.
0:19.2	They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum, one block at a time.
0:26.6	Just a reminder, CoinDesk is a news source and does not provide investment advice.
0:34.4	Hello and welcome to the Protocol podcast. I'm Brad Cowan here with my co-hosts tech reporters Margo Nykirk and Sam Kessler.
0:43.3	We're so excited about today's episode. We're going to dive right into the latest news and developments in technology behind crypto and blockchains.
0:52.8	First, please do not forget to subscribe to our weekly newsletter,
0:56.8	The Protocol on coindusk.com.
1:00.4	It comes out on Wednesdays, and it's really good.
1:03.3	So we're going to talk about some of that today,
1:06.3	and let's get right into it.
1:07.8	And our first news story we're going to discuss.
1:11.7	Margo, this was such a fun story you did.
1:15.6	The headline is Zuzaloo.
1:18.6	Vitalik Buterin-led retreat in Montenegro inspires grants for zoo villages.
1:26.6	It's like a lot of things that people probably have no idea
1:29.9	what any of that is. But Margo, I think you wrote about Zuzaloo. You were probably the first
1:37.2	person to do a really cool feature story on Zuselu. Start with telling people what that is and then
1:42.6	transition into what this latest story is.
1:46.2	Yeah. So Zuzaloo was a conference that was held back. It was a two-month-long, I should call it an event, not really a conference that was held back from March to May in Montenegro.
1:59.0	And it wasn't necessarily crypto-focused, but there was a lot of
2:03.9	presence from figures in the crypto blockchain industry, including Vitalik Buter and the co-founder
	...

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