Emerging Trends in Ethereum Forking and Community Support

This chapter explores the potential forking of the Ethereum blockchain into a proof-of-work version, highlighting key players and a crypto exchange's support. It also draws parallels to the Ethereum classic fork, examining trader dynamics and network leadership tensions.

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Kevin Zhou, co-founder of Galois Capital, comes to talk about the possibility of a Proof of Work chain on Ethereum after the Merge, the LUNA death spiral, how he plans to play the Merge, and much more...

Show highlights:

how Kevin got started in crypto
what Galois Capital is and what its investment thesis is
why Kevin was more vocal than most about the possibility of the LUNA death spiral
whether Kevin made money out of the Terra collapse and what was his strategy
what the difficulty bomb in Ethereum is
the potential scenarios that could arise after the Merge
whether the public is not considering the risks of the Merge
how the fact that everybody was telling the same narrative about ETH made Kevin suspicious
how Chandler’s statement about forking Ethereum made it a lot more likely that it would happen
the groups behind the encouragement of a proof-of-work Ethereum chain
whether there is a value proposition for a Proof of Work chain
how Kevin used The Cryptopians to remember how the DAO fork went
what replay protection is and why it is important when forking a chain
why anyone would want to keep the difficulty bomb in a potential proof of work chain
Kevin’s predictions about the market cap of the potential Ethereum forks
how a proof of work chain of Ethereum would function without the biggest stablecoins like USDT and USDC
whether Tether is going to support Ethereum 2
why Kevin writes using metaphors related to history and gaming and how those analogies relate to Ethereum
how Kevin wanted to “stick it” to the Ethereum Foundation by offering his services
whether Vitalik trolled Kevin on Twitter
whether Kevin will apply the same strategy he used with ETC after the DAO fork