#188 – Vitalik Buterin: Ethereum 2.0

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Jun 3, 2021

Vitalik Buterin, co-founder of Ethereum and a visionary in blockchain technology, delves into the fascinating realm of Ethereum 2.0. He discusses the significant shift towards proof of stake, highlighting its scalability and environmental benefits over proof of work. The conversation also touches on the complexities of decentralized finance, navigating regulatory challenges, and the emergence of minor extractable value in transactions. Additionally, Vitalik shares insights on community dynamics and the innovative spirit driving cryptocurrency forward.

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ANECDOTE

Shiba Inu Gift

Vitalik Buterin was gifted half of the Shiba Inu coin supply, worth billions.
He burned 90% and donated 10% to charity, avoiding centralized power.

INSIGHT

Crypto and Public Good

Crypto can create new digital institutions serving the public good.
Public goods, especially online, need sustainable support without centralization.

INSIGHT

Crypto Regulation

Ideally, governments will accept crypto's good aspects and address tensions creatively.
Worst case, governments marginalize crypto by banning exchanges and mainstream adoption.

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Vitalik Buterin is the co-founder of Ethereum. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Vitalik’s Twitter: https://twitter.com/VitalikButerin
Vitalik’s Blog: https://vitalik.ca/

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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:18) – Shiba Inu story
(25:35) – Regulation
(29:48) – Crime
(34:54) – Proof of stake vs proof of work
(47:43) – Miner extractable value
(53:19) – Scaling
(54:42) – Bitcoin blocksize wars
(1:00:51) – Hard fork vs soft fork
(1:04:34) – Craig Wright
(1:11:18) – Scaling: Sharding
(1:18:07) – Scaling: Rollups
(1:26:30) – Polygon and other Layer 2 technologies
(1:34:11) – Merging PoS and PoW chains
(1:43:49) – Lessons learned from Ethereum 2.0 failure incidents
(1:52:35) – Bitcoin vs Ethereum
(1:58:30) – Dogecoin
(2:04:38) – Elon Musk
(2:07:15) – Chainlink
(2:10:35) – Charles Hoskinson and Cardano
(2:18:08) – AI safety
(2:23:07) – NFTs
(2:25:57) – Scams
(2:35:34) – Longevity
(2:44:55) – Does death give meaning to life?
(2:50:38) – Lex and Vitalik speak Russian
(2:54:29) – Meaning of life
(2:59:48) – Dan Carlin’s Hardcore History and WWII