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Not Investment Advice

158: Coinbase’s Base Layer 2, ETH ETF (?), SBF, Gmail at 20 & The Matrix

Apr 3, 2024
01:10:24
Snipd AI
The podcast discusses Coinbase's Base Layer 2, potential ETH ETF, SBF's legal troubles, Gmail's 20th anniversary, and reflections on The Matrix movie. The hosts cover a range of topics from crypto developments to tech nostalgia.
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Podcast summary created with Snipd AI

Quick takeaways

  • Coinbase's Base Layer 2 reduces transactions costs, attracts users, and fosters creativity in projects.
  • Likelihood of Ethereum ETF approval faces regulatory complexities and low PolyMarket prediction chances.

Deep dives

Base Layer Two Innovation on Ethereum

Base Layer Two on Ethereum mimics the network's infrastructure but bundles transactions at a different rate to reduce costs, making it more accessible. The transaction costs on Base Layer Two have significantly decreased compared to Ethereum Layer One, attracting more users. With Coinbase's distribution network, Base has gained traction faster than other Ethereum Layer Two solutions, fostering creativity and new projects, such as the successful Deejan token.

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