The Strangest Things Ever About Pulse Chain

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The people who created Zen, that thing that spiked at the game gas really bad towards the beginning of the year. They launched on pulse chain and pulse chain gas went up to like 50,000 pulse per transaction. So they clogged the gas which made like, I think like 500 million in pulse has been burned in like three days. But the Zen team also did that on Bitcoin with BRC 20s. So they're spiking Bitcoin fees too. This proof of gas concept is like the strangest thing ever. And yeah, wow, no surprise it's on. It's kind of haunted every little gas environment. So it's interesting to see it finally come to Bitcoin.

Matt Hougan and Ryan Rasmussen from Bitwise join us to discuss their views on Coinbase, L2 valuations, the institutional investor landscape and more! And as usual, we start the episode with our analyst bullpen to discuss Ethereum's client failures, Pulse Chain's ponzi, Lido's new update and Tether's attestation report.

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Timestamps:

(00:00) Introduction

(01:05) Hot Seat/Cool Throne

(26:10) Interview Start: Institutional Investor Sentiment

(37:23) Regulation Outlook

(40:59) The Coinbase Bull Case

(49:26) L2 Valuations: Arbitrum vs Optimism

(51:49) Implications of USDC’s Depeg

(57:11) The Decoupling of Equities and Crypto

(1:00:42) DEX Market Share and Brand Moats in Crypto

(1:05:02) LST Baskets

(1:06:46) Returning Protocol Revenue to Token Holders

(1:08:48) BRC-20s, High Fees and L2 Volume Growth

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Resources:

Tether's Q1 Report

https://bit.ly/42UOYzY

Bitwise's website

https://bitwiseinvestments.com/

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Disclaimer: Nothing said on 0xResearch 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. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.