Why Layer 3s are Inevitable | Steven Goldfeder, Co-founder at Offchain Labs
Empire16 Huhti 2024

Why Layer 3s are Inevitable | Steven Goldfeder, Co-founder at Offchain Labs

In this episode, Steven Goldfeder, co-founder of Offchain Labs, dives deep into the world of Layer 3 blockchains and their potential to revolutionize Ethereum scaling. The discussion covers the benefits of building on Arbitrum's customizable L3 stack, including reduced onboarding costs and improved data availability. Steven also explores the importance of fraud proofs in ensuring the security of L2 and L3 chains, as well as Arbitrum's community-sourced approach to blockchain development. The conversation touches on the future of DeFi, the role of composability and network effects, and the potential for L3s to abstract away the complexity of the blockchain stack for end-users. Stay tuned for all of this and much more! - - Follow Steven: https://twitter.com/sgoldfed Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Arbitrum is a game-changer for daily Ethereum's users and developers, offering top applications and lower fees. As the leading scaling solution with 600+ apps, explore Arbitrum’s Portal to find your perfect fit. Interact with the home of DeFi, a flourishing NFT and creator ecosystem, and a rapidly growing Web3 gaming hub – Arbitrum has it all. Get started at: portal.arbitrum.io - - Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity defi, consumer facing applications, and more generally allow crypto to scale to the masses. If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad - - SKALE is a modular, AppChain network that offers zero gas fee transactions and instant finality. Tailored for ease of development and onboarding, SKALE's configurable EVM chains enable next-gen use cases in gaming, AI, DePin, and others. With over 20,000,000 users having saved over $6 Billion on gas fees, SKALE is the blockchain for mass adoption. Bridge to SKALE at portal.skale.space and stay up to date with the gasless blockchain at @skalenetwork - - Marinade is the leading Solana staking service that spreads your stake across 100+ top validators, distributes MEV rewards, and provides automatic downside protection with new Protected Staking Rewards. Choose to liquid stake for mSOL for use in DeFi, or delegate your stake through Marinade Native, which gives you full custody of your SOL and no smart contract risk. Max performance for you, max performance for Solana. https://blckwrks.co/Marinade - - Timestamps: 00:00 Introduction 01:52 L2 State of the Union 08:07 L2 vs L3 14:00 User Acquisition Methodology 18:30 Value Accrual of L3s m 24:20 App Chain vs L3 28:46 Not Using Eth Security 36:33 Fraud Proofs 38:21 Arbitrum Ad 49:09 Monad Ad 50:07 SKALE AD 51:24 Higher Throughput Chains 58:31 Why did Coinbase pick OP 01:03:55 End Game of L3s 01:08:06 Why Not Just L1s? 01:14:57 Crypto Network Effects - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Jaksot(598)

$4B crypto venture in one month, DAO considers buying Ross Ulbricht's NFT, ETH dominates L1 wars

$4B crypto venture in one month, DAO considers buying Ross Ulbricht's NFT, ETH dominates L1 wars

Welcome to Empire’s first Weekly Roundup. The Weekly Roundup will air every Friday morning. We’re excited to share that Santiago Roel Santos has joined the show as a co-host for both the interviews and the weekly roundups. In today’s roundup, we cover: L1 wars, PleasrDAO bidding on Ross Ulricht’s NFT, ETH/BTC hitting cycle highs, Decentralization maxis, Permissioned DeFi, and Nuclear energy. Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like this, subscribe to Blockworks’ free daily newsletter: https://blockworks.co/newsletter/ Also, follow me and Santiago on Twitter, @JasonYanowitz and @santiagoroel; let us know what you thought of the show!

3 Joulu 202152min

What To Expect from Crypto in 2022 | Mike Ippolito

What To Expect from Crypto in 2022 | Mike Ippolito

In this episode of Empire Jason is joined by Blockworks Co-Founder Mike Ippolito for a very special episode. Six months after identifying the '7 biggest crypto trends', Mike returns to Empire to share his predictions for the crypto industry throughout 2022. Will Bitcoin surprise everyone with a major bull run in the new year? How large will DAOs become? Could a crypto company buy a bank?! Listen to find out. Today's 7 biggest crypto trends: https://youtu.be/JjrQiNKN5U0 -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/ -- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like this, subscribe to Blockworks' free daily newsletter: https://blockworks.co/newsletter/ Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

2 Joulu 202138min

Lessons From Selling Hundreds of NFTs | Jack Butcher

Lessons From Selling Hundreds of NFTs | Jack Butcher

In this episode of Empire, Jason is joined by Jack Butcher a designer, entrepreneur and the Founder of Visualize Value. After spending 10 years working in Fortune 100 advertising in NYC as a creative director for multi-billion dollar brands, Jack took the decision to start Visualize Value, allowing him to focus on highly-specialized consulting, and a product business that scales infinitely. Jason & Jack discuss how to monetize personal brands, the transition from web 2.0 to web 3.0, the advantages of NFTs and how large brands should be thinking about NFTs. -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/ -- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like this, subscribe to Blockworks' free daily newsletter: https://blockworks.co/newsletter/ Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

26 Marras 202135min

How inflation is a human rights issue | Nevin Freeman, CEO Reserve

How inflation is a human rights issue | Nevin Freeman, CEO Reserve

In this episode of Empire, Jason is joined by Nevin Freeman, Co-Founder & CEO of Reserve. Nevin set out to create Reserve as a way to protect individuals from currency destroying hyperinflation, providing access to a stable currency and financial services. Jason & Nevin discuss how having access to a stable currency is a human right, challenges of creating a stablecoin, hyperinflation, developments in the cryptocurrency industry & much more. -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/

11 Marras 202150min

Bitcoin ETF: Everything You Need to Know | Leah Wald & Eric Balchunas

Bitcoin ETF: Everything You Need to Know | Leah Wald & Eric Balchunas

In this episode of Empire, Jason & Casey are joined by Senior Bloomberg ETF Analyst Eric Balchunas & CEO of Valkyrie Funds Leah Wald. With the recent approval of the Valkyrie Bitcoin futures ETF, we invited Eric & Leah onto the show to discuss everything you need to know from how an ETF works, the benefits of an ETF for institutional investors, the SEC's Bitcoin ETF regulation framework & if the SEC will approve a spot Bitcoin ETF. -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/

4 Marras 202153min

Stani Kulechov explains how trillion will flow into DeFi | Stani Kulechov & Santiago Santos

Stani Kulechov explains how trillion will flow into DeFi | Stani Kulechov & Santiago Santos

In this episode of Empire, Jason is joined by Aave founder/CEO Stani Kulechov & technology investor Santiago R Santos. Sitting at the forefront of the fast evolving DeFi ecosystem, we invited Stani & Santiago on to Empire to share their thoughts on the exponential growth and assess whether DeFi has hit escape velocity. This conversation was fascinating and covered a range of topics including how DeFi managed to attract $100 Billion of total value during the 2020 DeFi summer, when $1 trillion of value will be locked in DeFi, how social media could be decentralised in the web 3.0 transition, NFT's, Stani & Santiago's outlook for the end of year bull market & so much more. - Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/

28 Loka 202153min

DAOs are crypto's most important innovation | Cooper Turley

DAOs are crypto's most important innovation | Cooper Turley

In this episode of Empire Jason & Mike are joined by Cooper Turley an operator, advisor & thought leader in the fast evolving DAO ecosystem. Cooper has worked on projects such as Friends with Benefits, Forefront, Seed Club & many more. In this episode, Cooper shares his thoughts on the transition from web 2.0 to web 3.0, four steps to creating a DAO, the creator economy, how to invest in the ecosystem & the outlook for the rest of 2021. -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/ --- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

21 Loka 202142min

Solana founder unravels the Layer 1 Wars | Anatoly Yakovenko

Solana founder unravels the Layer 1 Wars | Anatoly Yakovenko

In this episode of Empire, Jason is joined by Blockworks co-founder Mike Ippolito & Solana co-founder Anatoly Yakovenko. Anatoly has spent over 20 years as an engineer working for companies such as Qualcomm & Dropbox whilst contributing to open source software development. After the recent success of Solana, we invited Anatoly onto Empire to discuss how Solana was founded, the current layer 1 wars, the growth of crypto vs the internet, DeFi, DEXs vs CEXs and so much more! -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. --- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

14 Loka 202148min

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