How Omni Network Will Unite All Rollups and Unf*ck Ethereum

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Dec 19, 2024

Austin King, Co-founder of Omni Network and CEO of Omni Labs, shares insights on the transformative potential of the Omni Network for Ethereum's Layer 2 scaling ecosystem. He discusses how the new Mainnet will unite various rollups, allowing developers to access liquidity and users seamlessly. Austin emphasizes the goal of enhancing the user experience by overcoming fragmentation in DeFi, all while maintaining decentralization. He offers a glimpse into what Ethereum's landscape might look like by 2025, showcasing a more integrated and user-friendly environment.

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ANECDOTE

Interledger Network Experience

Austin King's first company built the Interledger Network, a cross-currency, chain-agnostic protocol.
This experience and Ripple's acquisition provided valuable insights for building Omni Network.

INSIGHT

Ethereum's Scaling Stage

Ethereum's scaling through rollups is going as planned, but the ecosystem is in an awkward stage.
A connectivity layer is needed to improve user experience and reduce fragmentation.

ANECDOTE

Unf*ck Ethereum Campaign Origin

Omni Network's "Unf*ck Ethereum" campaign was born from a small growth team's brainstorming session.
The team decided to embrace a spicy and attention-grabbing approach.

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Austin King is the CoFounder of Omni Network and CEO of Omni Labs.

In this episode, we discuss how Omni Network is reuniting Ethereum's L2 scaling ecosystem. With Omni's Core Mainnet live, we explore how Omni empowers developers to access users and liquidity across all rollups, without smart contract upgrades. This conversation covers why Austin's team at Omni believes the solution is more obvious than ever to fixing what's been broken for DeFi users navigating L2s and what we can expect from a more united Ethereum UX in 2025, while maintaining the benefits of maximum decentralization.

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Timestamps

0:00 - Intro
5:01 - What is Omni Network?
6:15 - Austin’s previous work and how it led to Omni
8:13 - Ethereum is scaling but “in an uncomfortable stage”
9:54 - Ethereum’s vision is clearer than CT gives it credit
11:54 - Unf*ck Ethereum campaign
13:16 - How does Omni unf*ck Ethereum?
15:18 - Reception to this campaign
17:16 - Maximalists are loyalists and why we need them
20:33 - How Omni Network works?
24:16 - Incentivizing Omni Network solvers
25:18 - Example how DeFi users will benefit from Omni
26:34 - How will Omni solvers serve larger liquidity
28:43 - What’s live with Omni Core Mainnet?
29:39 - Benefits of Everclear and Omni working together
30:47 - What if EF enshrined infra overlapping with Omni?
32:55 - Mantle mid-roll
33:36 - How could/will Uniswap participate in Omni?
36:12 - Thoughts on based rollups vs Omni Network scaling solution
39:10 - When will the benefits of Omni be obvious to DeFi users?
41:32 - OMNI token utility
42:03 - Addressing cynics of Omni Network
48:16 - Closing

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🔗 Guest Links 🔗

► Omni Network Website: https://omni.network/
► Omni on X/Twitter: https://x.com/OmniFDN
► Austin on X/Twitter: https://x.com/0xASK

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All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.