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Unchained
The Chopping Block: Michael Lewis Swindled, SBF’s Effective Altruism Ruse, Ethereum Protocol Enshrinement - Ep. 552
Oct 4, 2023
Author Michael Lewis discusses his new book on Sam Bankman-Fried, including wild claims and the debate on SBF's effective altruism. The hosts also touch on Ethereum's protocol, FTX's downfall, Lido's centralization risk, and predictions for the upcoming SBF trial.
56:01
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Quick takeaways
- The podcast discusses the potential need for Ethereum to enshrine more features onto its protocol to address market concentration and ensure a balanced and diverse ecosystem.
- The hosts explore the concept of protocol entrainment and the challenges of implementing changes, considering the impact on decentralization and security.
Deep dives
Discussion on the Potential Protocol Entriment of Lido and the Dominance of Staking
In this podcast episode, the hosts discuss the concept of protocol entriment and its potential implications for Ethereum. They specifically focus on the dominance of Lido, a liquid staking protocol, and the debates surrounding its market concentration in the staking ecosystem. The hosts explore whether there should be protocols changes or enshrining of certain applications in the Ethereum protocol to combat this concentration. They also touch upon the challenges of implementing such changes and the potential impact on decentralization and security. The episode highlights the complex dynamics in the crypto space and the ongoing discussions around ensuring a balanced and diverse ecosystem.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode