Bankless ROLLUP: Ethereum L1 Comeback | MegaETH Testnet | Base Token Chaos | OHM Crash | WalletConnect Token
89 snips
Apr 18, 2025 This week features a thrilling discussion on Ethereum's unexpected pivot back to Layer 1, promising faster block times. The awe-inspiring launch of MegaETH’s testnet raises eyebrows, disrupting decentralized apps along the way. WalletConnect’s token launch injects fresh energy into the market, while Base creates chaos with its content coins. The shocking collapse of OHM loses $6B in mere hours, and the fierce competition among tokens intensifies. Is Ethereum truly honing its focus or merely scrambling amidst the noise?
AI Snips
Chapters
Transcript
Episode notes
Bread Joins MegaEth Journey
- Bread transitioned from crypto education on Twitter to joining MegaEth after persistence and alignment with the team's vision.
- He initially got declined but kept contributing until officially joining in November 2023.
MegaEth Redefines Blockchain
- MegaEth's 10ms block times create a streaming blockchain unlike traditional forms.
- This challenges standard user interfaces, requiring new or significantly adapted app logic.
MegaEth Testnet Breaks Old Models
- MegaEth testnet reveals infrastructure cracks due to its speed, like oracles dropping.
- Apps must reimagine UI flows since confirmation modals can't keep up with near-instant transactions.