Why EigenLayer Gave Away More Tokens After Widespread Criticism of Its Stakedrop
EigenLayer has been in the news this week after it announced its ‘stakedrop,’ where it will distribute EIGEN tokens to early users of the restaking platform. Sreeram Kannan, founder and CEO of EigenLayer, and Robert Drost, CEO and executive director of the Eigen Foundation, discuss the launch of the token, a “universal intersubjective work token” and how it allows for slashing, or penalizing, for externally observable faults, such as data unavailability. The Eigen Foundation, a non-profit entity based in the Cayman Islands, was also recently established to grow the protocol and assist in creating a decentralized community. They also address criticisms of the token's launch, including geoblocking and the initial non-transferability of stakedrops for the community and explain why they decided to allocate an additional 100 EIGEN tokens for all participants in the stakedrop. Plus, they reveal a target date by when a decision about the token unlock date should be made.
Ep 54 - 33 Below
Were joined by rising artists 33 Below to talk about his first headline tour, opening for RL Grime and winning the Optimism art contest.
Mert Steelmans Ethereum, Unpacks Firedancer, and Talks Solana L2s
Imran and Qiao bring on Mert Mumtaz (Helius Labs) to discuss Ethereum, Firedancer, Solana L2s, and more. No BS crypto insight for founders. Timestamps 00:00 Intro 01:17 Welcome to Good Game 03:05 Mert Steelmanning Ethereum 08:44 Mert's Solana Prediction 10:54 Mert's Estimate on Firedancer's Timeline and Throughput Improvement 15:12 Thoughts on a Narrative Regarding Consumer Apps 17:02 Thoughts on What's Happening in The Layer 3 World 20:38 Layer 2 on Solana? 29:22 "There Are Other Ways to Decentralize" 30:18 Mert's Decentralizing Approach 31:55 MEV Comparison Between Ethereum and Solana 35:34 Calling Out The BS Mert Had Seen Recently 39:47 "The Whole Modular Narrative is Getting Out of Control" 40:47 Could There Be a World Where Solana Turns Out To Be in Ethereum’s Position? 43:42 The Two Hottest Narratives Right Now in Crypto 50:48 Mert's Favorite Apps on Ethereum
Modular March EP 5: Value Accrual in The Modular Thesis with Tarun Chitra
The value accrual model in the modular stack is akin to that of the rise of the early internet. According to Tarun, founder of Gauntlet and a prominent angel investor, we will see more and more specialized usecases for applications which are highly expressive. As a result of this, the need for a modular stack becomes more and more apparent. We really enjoyed this conversation which drew inspiration from the evolution of the internet and computing to paint a clearer picture of the modular future. We’ve been quite deep in the technical weeds during Modular March (exactly where we want to be), so it was refreshing to host a discussion that goes beyond technicalities and instead touches on the practical application layer of modular blockchains. Hope you enjoy and feel free share with your friends who are trying to answer the question “why modularity?” & “where does the value accrue in the modular stack?” for the future of blockchain scaling.
Ep.19: Memecoin Supercyle, Crypto ETFs with Alongside, Financial Nihilism, AI on Zora, L2 Wars
A weekly rundown show where extremely online individuals broadly explore (romanticize, even) new consumer internet experiences. Join us live and online on Fridays @ 10AM PST live.seedclub.xyz 00:01:11 We have Kel with us - the real next L1 trade is a memecoin supercycle 00:10:44 Where do you see this memecoin trend going in the next 3, 6, 9 months? 00:13:25 Austin from Alongside Crypto 00:18:10 What’s changed with this cycle to get people excited about investing in indexes 00:29:14 Enjoy launched the very first memecoin ever on the Zora network 00:36:20 Some fun new AI updates on Zora and Jacob’s post on convergence of AI and crypto 00:39:48 Travis Kling on financial nihilism 00:53:59 The bull case for Web3 social and Farcaster as a powerful go-to-market tool 00:54:45 Get in babes, we’re going to Brand New by Boys Club at SXSW and there’s a zine 00:59:52 The struggle with hyper financialized social apps Hosts: Jess Sloss & Cheryl Douglass Web VJ: Peacenode None of this is financial or tax advice.
Web3 on Fire - 0x013 - Ambire Wallet - Rob & Ivo - Free Mint!
In this conversation, Ivo Georgiev, CEO and co-founder of Ambire, discusses his background in programming and how he got interested in crypto. He shares the challenges of building user-friendly wallets and the importance of decentralization. Ivo also talks about the vision for Wallet DAO and the development of infrastructure and tools. The conversation highlights the need for progressive decentralization and the role of the community in shaping the future of crypto. In this conversation, Rob and Ivo discuss the future plans for Ambire Wallet in 2024, including the launch of the browser extension and support for multiple account types. They also talk about the relaunch of AdEx and its exciting developments in bridging the decentralized AdTech world with the traditional AdTech world. Finally, they wrap up by plugging the projects and providing information on where to find Ambire Wallet, AdEx, and Stremio. https://ambire.com
How Decentralized Social Network Farcaster Hopes to Eventually Get to One Billion Users
In the two weeks since Farcaster introduced its Frames feature that allows developers to easily add mini apps to users’ posts, the decentralized social network has become the talk of Twitter, now X, and increased its user base by ten times, according to co-founder Dan Romero. Romero joins Unchained to discuss why Frames has become so popular, the philosophy behind Farcaster and its client Warpcast, why the crypto component behind Farcaster is being kept to a minimum, how Apple’s new Vision Pro could lead to the creation of a 3D social network on Farcaster, how he and his fellow co-founder’s background at Coinbase helped shape their decisions about building Farcaster, and his vision for eventually getting Farcaster to a billion-plus users.
Ambire DeFi Bull Camp - Episode II - GMX
In this episode of Web3 on Fire, Rob interviews Jonezee from GMX, a decentralized trading platform. Jonezee shares his background and how he came to contribute to GMX. They discuss the features and functionalities of GMX, including the ability to swap and trade with leverage on-chain. They also talk about the token model and the importance of the GMX community. Jonezee highlights the launch of GMX V2, which introduced isolated asset pools and improved order execution. The episode concludes with a discussion on the partnership between GMX and Ambire Wallet and an invitation to participate in a contest on GMX.
EP #123: Data Availability in The Modular Stack Explained
As you know, we've become quite the modular blockchain activists and have been focusing on modular rollups quite a bit recently. Today's podcast is a deep dive into how Celestia's Data Availability Sampling (DAS) is changing the way we think about onchain data publishing verification. This modular approach allows for the customization of blockchains for specific use cases, aligning with the philosophy of the "internet of blockchains" and making it easy to launch modular rollups. We'll also delve into Celestia's introduction of the innovative light node, which addresses the challenge of efficient data verification without requiring users to download large amounts of information. This approach aims to ensure end-user verifiability while accommodating the potential growth of the Celestia block size in the future. As one of the pioneers of Modular Blockchains, COO Nick White explains his thesis on the above and what modularism, not maximalism means to him. So, join us in uncovering Celestia's modularity and innovative solutions to data verification are driving its unique position in the blockchain space, offering a new paradigm for building and customizing blockchains for diverse applications and use cases.