Understanding Lite Clients and Their Role in Ethereum

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode: https://shows.banklesshq.com/p/debrief-ethereum-unsensored 

With Tornado Cash sanctioning news making waves, the crypto community is asking a big question: Is censorship on Ethereum possible?

We brought on Ethereum researcher Justin Drake to explore this question in detail.

Establishing and preserving censorship resistance is possibly the most important challenge faced by the Ethereum. Covering deep topics like weak vs strong censorship, user-activated soft forks, Justin takes us down what is perhaps our most important rabbit hole yet.

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------ Topics Covered:

0:00 Intro 6:00 Justin Drake Returns 8:45 What is Censorship Resistance? 13:00 Censorship in Crypto 15:25 Weak vs Strong Censorship 21:25 Ethereum Today 26:35 The Ethereum Nation 31:12 Why This Matters 35:25 Preventing Weak Censorship 42:55 Light Clients 46:26 Proposers and Builders 52:50 Enforcing Transactions 59:24 The Mempool 1:03:45 The Weak Censorship Endgame 1:10:00 Preventing Strong Censorship 1:15:00 Diversity 1:20:00 Activist Staking 1:26:25 A Recovery Scenario 1:33:40 Social Fork 1:40:40 A Forking Deterrent 1:44:45 The Human Shield 1:50:45 Property Rights 2:01:00 The Strong Censorship Endgame 2:05:00 The Broader Context 2:10:56 Justin’s Confidence

------ Resources:

Justin Drake https://twitter.com/drakefjustin 

Flashbots Episode https://youtu.be/xex9WVmVfbg 

Justin Drake Episodes https://youtu.be/1m12zgJ42dI  https://youtu.be/dHpAC0m8Rkk  https://youtu.be/FQTZSb3Rc9I  https://youtu.be/bWqhn1hXvVc 

Solo Staking https://www.reddit.com/r/ethstaker/  https://rocketpool.net/ 

Crypto Lobby Groups https://gitcoin.co/coincenter  https://www.defieducationfund.org/  https://gitcoin.co/grants/3974/electronic-frontier-foundation 

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.