Antonio Juliano, founder of the decentralized exchange dYdX, and Eli Ben-Sasson, cofounder of StarkWare, discuss the recent launch of dYdX on Ethereum layer 2 using StarkWare’s scaling technology. In this episode, they cover:
- what cross-margin perpetual trading is and why dYdX chose StarkWare to be its scaling partner (1:13)
- ZK rollups and how they contrast with optimistic rollups (8:49)
- how many transactions per second StarkWare can handle through its layer 2 solution (16:57)
- lessons learned and critical takeaways from their six months spent working together (20:15)
- the similarities between Ethereum and StarkNet (26:07)
- why Antonio believes that scalability is more important than composability (27:30)
- the benefits of decentralized exchanges and how dYdX fits into the dex marketplace (31:54)
- why dYdX chose Chainlink as its oracle provider, and how it got oracle prices onto layer 2, which previously had none (38:11)
- why Cairo, StarkWare’s Turing-complete programming language and platform, can be the “one verifier to rule them all” (42:10)
- what it was like for StarkWare to compete in the Great Reddit Scaling Bake-Off (45:41)
- whether or not DeFi could handle a GameStop/Robinhood situation (48:56)
- fair launch tokens versus VC tokens (54:12)
- the likelihood of dYdX and StarkWare each creating a token (58:19)
- upcoming developments and projects for both companies (1:02:14)
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Episode Links:
Antonio Juliano
Eli Ben-Sasson
dYdX
StarkWare
dYdX and StarkWare Relationship
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