In today's episode Alex Botte and Alexander Pack from Hack VC break down Ethereum's controversial shift from monolithic to modular. Starting with ETH's foundational decision to embrace L2s, they analyze the four key impacts on price, token value distribution, market share, and future adaptability. The discussion explores parallels with AWS, debates "ETH as money," and examines Solana's coming challenges with modularity. They close with predictions on which L1s and L2s will dominate in 2025, offering insights into crypto's evolving infrastructure landscape. Thanks for tuning in!
Resources
https://blog.hack.vc/was-modular-a-mistake-a-data-driven-take-on-ethereums-grand-strategy/
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Timestamps:
(00:00) Introduction
(01:47) Ethereum's Modular Decision
(09:14) Has Modularity Hurt ETH Price
(16:45) Amazon vs Ethereum
(24:59) 4 Impacts of Modularity
(35:53) Skale Ad
(36:32) Magic Eden Ad
(37:16) Uniswap Ad
(37:49) How to Fix ETH
(43:15) ETH as Money is Dead
(47:17) Ethereum Bull Case
(57:12) Solana's Position
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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.
