Bankless Tim Beiko | Layer Zero
Nov 30, 2021
Tim Beiko, a pivotal figure in Ethereum's core protocol meetings, shares his journey from clueless investor to integral developer. He discusses the technicalities of Ethereum client development, emphasizing the need for diversity to prevent centralization. Tim dives into the creation and impact of EIP-1559, providing insights into the community's demands and the challenges faced in its rollout. As upgrades like the merge loom, he reflects on the roles and responsibilities of core developers in maintaining Ethereum’s open and efficient nature.
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Tim's Crypto Entry Story
- Tim Beiko bought ETH at the peak of the 2017 bull market to contribute to the DAO.
- This was right before the DAO hack, making it a costly entry into crypto.
Tim's Pre-Crypto Ventures
- Before crypto, Tim had an entrepreneurial background, running a t-shirt company and a painting company.
- He later transitioned to tech, co-founding a startup and pursuing computer science.
Why Ethereum?
- Tim Beiko chose Ethereum due to its innovative nature and potential for protocol-level improvements.
- The demand for Ethereum during the ICO boom further solidified his decision.