THE PROTOCOL: Kraken’s Potential Layer 2 Development and Coinbase’s Influence

From the controversies in decentralized governance to the potential of decentralized data in Web3, this coverage delves into layer 2 developments and zero-knowledge proofs providing a glimpse into the promising future of blockchain and its ongoing evolution. 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: Arbitrum Research Pitch A proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest. The Graph Q&A The Graph, a protocol for indexing and querying data stored on blockchains, plans to add AI-assisted querying with large language models as part of a suite of new features disclosed Tuesday. PROTOCOL VILLAGE SEGMENT Margaux’s scoop on Kraken plus latest on L2s (Including Nil) The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs, and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base. EPISODE LINKS | Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag Almost All of DeFi Uses the Graph' – Q&A With Edge & Node CEO Tegan Kline The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network 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.