Navigating the Layered Blockchain Landscape

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This chapter explores the competitive dynamics between Layer 1 and Layer 2 blockchain solutions, emphasizing the challenges and strategies essential for success in a saturated market. It discusses the critical importance of translating advanced technology into valuable products for users while analyzing market demand, liquidity, and the implications of speculative versus fundamental value. The conversation also considers historical perspectives and the varying market positions of prominent networks like Ethereum, Solana, and Tron, highlighting the potential for new entrants in a maturing market.

In this episode,we were joined by a special guest: the host of Bell Curve, Michael Ippolito! We discussed the PerpDEX sector, prediction market success after the US election, and the different ways to monetize social networks. Additionally, we asked ourselves, what parts of crypto suck? Finally, we unpacked the L1 trade, and discussed getting silly onchain.

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Resources

Blockworks Research: Drift Report - https://x.com/blockworksres/status/1831773832308506984

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Timestamps:

(0:00) Introduction

(1:58) Can Drift Stand Out in the PerpDEX Sector?

(15:19) Prediction Market Success After the US Election

(22:01) Monetizing Social Networks

(31:14) Permissionless III Ad

(32:28) What Parts of Crypto Suck?

(41:03) The L1 Trade

(1:04:40) L2s Are Not Good At Execution

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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. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.