The Gwart Show | Blockspace Media

We’re rejoined by Mike Neuder, Ethereum researcher and general student of all things crypto-economics, to discuss the future of his bags, AKA Ethereum. We pick up on the conversation a lot of Twitter is having regarding Ethereum’s fraught future. Is it worth the marketcap? Can Solana flippen it? Is the FUD legit? We discuss on this week’s Gwart Show!Follow our guest on Twitter: @mikeneuderCHAPTERS00:00 Start01:01 ETH vibe check05:43 Vibes at ETH Foundation09:56 Make the L1 great again!12:57 Are roll-ups parasitic?17:58 Is Solana eating ETh's lunch?21:20 ETh as money vs utility token27:12 Is "store of value" important?34:21 Is staked ETH money?37:40 Is ETH's blockcpace "Premium"?49:13 ETH security budget decline1:05:25 ETH's monopoly on smart contract blockspace is slipping1:12:28 Unichain, what's that?1:16:45 Vitalik "Unichain makes no sense"1:21:34 Is Unichain good or bad for ETH?1:27:04 MEV1:32:34 Relay vs EPBS system1:35:35 Private order flow1:39:39 Collusion to sidestep PBS1:41:54 What's wrong w/ builders & validators colluding?1:46:30 The advantage of unstaked ETH👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle Samani of Multicoin Capital–a fund well known for its Solana bags and focus on DePIN–joins The Gwart Show! Today, we discuss Solana's potential to overtake Ethereum, the future of DeFi, token economics, and the emerging DePIN sector. We have some hot takes on Ethereum as a failed project, ultrasound money, etc. Also we talk about moats for dapps, wallets and infra (always infra…)Follow our guest on Twitter: @KyleSamani @multicoincap00:00 Start00:53 Breakpoint & Token impressions08:27 Bitcoin is nonsense10:12 Debt vs commodity money12:55 SOL / ETH flippening19:47 Arguments for ETH27:06 Valuing base on MEV33:50 NASDAQ on-chain34:38 Tokenized equities38:34 Future of ETH42:28 Ultrasound money meme48:17 Deflow, wallets & order flow52:56 Order flow and centralization1:02:57 SVM building L2s1:07:50 DePINs - Decentralized physical infrastructure networks1:13:50 Target prices of SOL/ETH flip1:21:56 Are there any moats for apps?👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Gwart Show!In today’s episode we are joined by the Alpen Labs team, a group of ZK dreamers working on SNARK-based verification of a second layer on top of Bitcoin. We hit all the big topics, like the current state of BitVM bridging, thoughts on sequencers, building a moat, Coinbase launching cBTC and EVM compatibility!Follow our guest on Twitter: @david_seroy @simanta_gautam00:00 Start00:31 Intro01:20 Current projects02:13 Applications on Bitcoin04:16 Bictoin L2 landscape10:36 Current state of BitVM bridges14:35 Learnings from EVM19:12 Bitcoin sequencers23:54 Unilateral exit31:31 Data availability35:41 Walled garden L2's41:28 Aplen's edge in the market?46:16 Privacy49:51 The wider L2 landscape58:25 Roll-up tokens1:01:11 Sequencer fees1:03:13 Coinbase launching wrapped BTC1:08:27 EVM compatibility👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam Cochran–a familiar profil pic to anyone on crypto twitter-joins The Gwart Show! They tackle Ethereum's roadmap, DeFi’s PMF, TradFi boys joining the party and regulatory & political challenges. At the end, we get a nice pitch on why we should take Ethereum seriously (or not).Follow our guest on Twitter: @adamscochran00:00 Start01:18 Who's Adam Cochran?04:40 Don't get butt hurt06:09 Adam history09:23 Working on now?10:42 Unique investment profile12:47 ETH roadmap15:34 L1 vs L218:40 BASE roll-ups21:17 Non-financial Ethereum?24:11 All the ETH maxis please stand up25:51 Value in the L128:11 ETH's monetary premium31:21 Solana.... discuss....34:09 Solana apps35:35 Why Degen hate, bro?37:32 The failure of DeFi summer41:26 Bullish of what projects?44:12 Who Wins?45:49 Goldman will "follow fast" you dummies!48:22 Regulations51:19 Politics55:44 Shill me beneath the willow tree57:23 ETH/BTC chart1:00:43 Pitch me Ethereum1:02:10 ETH monetary properties1:04:33 Value ETH on earnings?1:08:22 Wrap up👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Ludwig Thouvenin from Sorella discusses Ethereum MEV, Uniswap V4, and the launch of Brontes, an open-source MEV dashboard. He explores the complexities of DeFi liquidity, arbitrage strategies, and the future of Ethereum's protocol design, offering insights into the challenges and opportunities in the evolving crypto landscape.Follow our guest on Twitter: @SorellaLabs @0xvanbeethovenLink to the dashboard: https://t.co/tylzKFdetM00:00 Start00:57 What is Sorella?03:38 Types of MEV06:31 Confidence of MEV identification11:28 Assumption & discoveries19:10 Cross-chain MEV22:08 Large firm advantages24:41 Trading vs arbitraging26:26 Big builder landscape29:43 MEV accelerationist views?33:58 Private order flow35:18 Should users know about order flow?37:38 Angstrom DEX41:12 Uniswap 3 vs 442:52 Why doesn't Uniswap have this functionality?45:22 Why a hook, not an app?48:51 System architecture50:00 Slashing & node count50:45 Uniswap LPs, WTF?57:45 Permissionless capital formation1:00:43 Protocol design1:06:41 Foreseeable hazards1:10:21 Ethereum roadmap optimism👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Gabe Shapiro, crypto lawyer and co-founder of MetaLeX Labs, joins The Gwart Show to discuss DeFi regulation, tokenized securities, and the future of crypto under Trump or Kamala.Follow our guest on Twitter: @lex_nodeChapters00:00 Start00:42 Gabe's background01:21 MetaLeX & Borgs04:16 Problems with DAOs09:40 Foundations vs corporations in DAOs15:03 Well run DAO examples18:06 The risks of tokens + equity21:53 Regulating conflicts of interest24:12 What don't lawyers understand?27:21 Liquid staking tokens30:39 Legalities of MEV36:25 Changing rules43:25 Governance attack vs code exploit48:19 People are the DAO attack vector54:41 Legal risks of single sequencers55:20 WTF is a tokenized security?59:50 Bearer asset laws1:02:46 Crypto corp structures1:07:51 World Liberty Financial1:09:54 Trump vs Harris crypto regulation1:14:37 Regulation = good? umm..1:18:50 Stablecoins1:21:50 Does USDC now control ETH roadmap?👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you short real life? That’s the idea behind Futarchy. By applying financial logic and smart contracts to ordinary life, you can create prediction markets that help people create better decisions. Today Proph3t of MetaDAO joins the Gwart show to discuss what Futarchy is, how it relates to DAO governance for projects like DeFi, where the tokens are at and if traditional entrepreneurs could thrive in a world where DAOs run the ship.Follow our guest on Twitter:  @metaproph3tTimestamps:00:00 Start00:50 Profit's background01:51 What is futarchy?02:22 Problems with DeFi governance03:02 What projects need governance?06:14 How does MetaDAO work?07:25 Markets vs voting09:14 What issues should be decided by futarchy?11:15 Why markets know best?16:20 Would Steve Jobs survive futarchy?17:13 Does futarchy fix bad management?20:34 Are DAOs companies?22:09 Does futarchy always lead to NGU?23:00 What is the Meta token?24:26 Recent MetaDAO proposals25:54 $250k bet on recent proposal28:30 Why build on Solana?29:59 Solana culture31:19 Examples of novel ideas34:02 Professional DAOs37:21 Forking vs voting40:12 Open source protocols vs DOAs41:56 Tokens, tokens, everywhere47:58 Shareholder rights?51:28 It's all prediction markets55:01 Prediction markets a threat to democracy?58:38 Variables in social welfare👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Gwart Show! Today we tackle the hard problem of scaling with Rollups, among other conversations. We’re re-joinbed by Shehzan, a Bitcoin builder focusing on borrowing and lending protocols on top of Bitcoin, and Shinobi, an out-spoken Bitcoiner and technical editor at Bitcoin Magazine. Follow our guest on Twitter: @marediashehzan @brian_trollzTimestamps:00:00 Start02:12 L2s on Bitcoin05:10 Do fees & speed effect payment adoption?06:26 Why does lightning suck?11:06 Lightning failed experiment?12:21 Taproot assets on Lightning15:59 Should stablecoins be on L1?19:28 Stables are #1 use case21:12 Roll ups27:51 Why are devs interested in roll ups?30:27 What roll ups are ready today?36:26 Liquidity problems?37:49 Other roll up limitations?38:41 Roll up use case?41:04 Are roll ups just a sneaky block size increase?44:19 One roll up to rule them all45:41 Do roll ups scale execution on BTC?47:14 Single sequencer risk50:12 Is Lightning "connective tissue"?51:19 Unilateral exit in roll ups53:09 Upgrades in roll ups57:07 CATVM1:00:18 New OP codes & scaling1:06:58 Why will BTC expressivity be useful1:08:19 VC backed projects pushing new OP codes1:10:08 What is ARK?1:14:47 MEV on Bitcoin1:21:49 What roll ups will cause problems?1:23:46 What roll ups have traction?1:27:40 Are covenants on a deadline?1:29:16 What's interesting right now?1:30:12 The possibilities of eCash1:32:49 Is Austrian Economics dumb?👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Gwart Show! Today we are joined by Shehzan, a Bitcoin builder focusing on borrowing and lending protocols on top of Bitcoin. While most people think of Bitcoin as a dumb rock, the Lava team led by Shehzan is working on a novel solution to natively lend and borrow (while maintaining self-custody but we’ll let him explain that) on Bitcoin. Lava uses Discreet Log Contracts (DCLs) to thread the needle of both permissionless capital via DeFi markets and Bitcoin self-sovereignty via self-custody.Timestamps:00:00 Start00:56 Who is Shehzan?01:29 Why no BTC lending yet?02:29 What are DLCs?04:19 Lava vs other lending protocols05:30 P2P loans complications06:59 Deposit & loan process09:20 Privacy implications11:32 Wrapped BTC12:44 User risk profile14:57 Fixed rate loans17:53 Who are the lenders?18:19 Oracles19:42 Choosing oracles20:49 Rates22:11 Loan durations23:13 Target user25:33 Other chains?27:21 Solana outages28:41 Other DLC uses30:13 Building in Bitcoin experience32:19 Lightning33:06 Lack of BTC spending35:07 Bitcoin's monetary properties37:48 Wrapped BTC and custodians41:45 Bitcoin scaling43:45 OP Codes46:42 Not enough core devs47:58 Stablecoins51:50 Tokenized assets53:08 Solana vibesFollow our host: @gwartygwartFollow our guest on Twitter: @marediashehzan👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Gwart Show! Uri Klarman, known for his BloxRoute private mempool company, joins Gwart to discuss the future of MEV on Ethereum and Solana. Uri goes through ther Ethereum block builder journey, why public mempool’s are a problem in today’s on-chain economy, and his many (and we mean many) attempts to address MEV or miner malfeasance through token schemes. Timestamps:00:00 Start00:44 Uri's background01:28 Blocksroute05:52 ETH block building11:44 DeFi vs CeFi15:55 Can Defi compete w/ Centralization?19:53 Block builders stealing fees21:39 Bye bye mempool23:52 Solutions for MEV29:10 Bitcoin miners chase profit, always!32:25 Incentives promote MEV on ETH33:38 Multiple concurrent proposers45:46 Palidin1:01:26 Why PAL token?1:11:33 SOL delegated stake1:12:05 Why not RPC?1:13:18 PAL token liquidity1:16:04 Slashing by consensus1:19:59 ETH gas limit token1:24:39 SOL staking future?1:29:53 Mining OREFollow our host: @gwartygwartFollow our guest on Twitter: @uriklarman👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices