The Gwart Show | Bitcoin Tech & Culture

Max is leaving Ethereum, and we have the details. On this Gwart Show special filmed at Pubkey in NYC, Max and Eugene join Gwart to go through Max’s decision to leave Ethereum dev shop Conensensys in favor of a Solana client which frankly we don’t know how to spell or pronounce. We go through Ethereum’s major problems basically one-by-one in this 1.5 hour show, finishing with a Holiday Special game of ‘cooked or not cooked’ narratives. Follow our guest on Twitter: @MaxResnick1 @0xshittrader 00:00 Start 00:32 Quitting ETH 02:38 Other people quitting? 04:08 Did you always doubt? 06:20 Execution layer 07:51 ETH Foundation blinders 09:51 New role in Solana? 11:42 Leadership in SOL vs ETH 14:10 Launching an L2 on ETH 16:58 Jitter 18:38 More rollups, more problems 21:48 Does SOL end up w/ L2s? 24:54 Solana is a real ETH competitor 26:11 MEV research on SOL 33:32 Is a meme sandwich really a sandwich? 36:06 Does SOL take MEV seriously? 37:37 Cooked or not cooked? 37:47 Intents 41:27 Interoperability 44:27 L2s functionally becoming l1s 46:46 ZK tech 52:21 Allowing innovation is the killer app 55:24 Nodes faster than tradfi 57:55 Ultrasound money... LOL 1:05:40 MEV kings will be Citadel 1:08:04 Forcing tradfi to play our game 1:09:50 Bitcoin cooked? 1:10:40 Memcoins cooked? 1:12:26 Depin cooked? 1:13:51 Prediction markets cooked? 1:18:06 Hype cooked? 1:20:10 Time boost cooked? 1:24:28 Futarchy cooked? 1:31:06 Future of Solana 1:33:02 Is Solana gonna win 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here [https://blockspace.media/]. Questions or want to sponsor? hello@blockspace.media

Justin Drake joins us as the dust settles on his ‘Beam Chain’ pivot (?) for Ethereum. Justin Drake of the Ethereum Foundation joins The Gwart Show! We discuss his Beam Chain proposal, covering improvements in block production, staking mechanics, and cryptography. He explains the path toward more efficient validation and the future of Layer 2 scaling solutions. Follow our guest on Twitter: @drakefjustin Timestamps: 00:00 Start 00:57 Beam chain 05:36 Beam Chain highlights 11:19 What is the Bean Chain meme? 13:06 Speculation about Beam Chain 17:22 Pre-confs require capital centralization? 19:53 Temporary trusted relay 20:32 Inclusion vs execution pre-confs 25:44 Changing ETH issuance, again? 28:08 Centralized validator set? 30:16 Cost of capital wins? 34:40 Base rollups 39:50 Base rollups are App Chains? 44:19 Merge mistakes 49:15 Was PBS a mistake? 52:25 Legitimate criticism 58:17 Building on L1 vs L2 1:00:41 Decentralized stablecoins 1:03:05 Restaking 1:04:59 Exciting use cases? 1:06:56 Don't care about DeFi? 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here [https://blockspace.media/]. Questions or want to sponsor? hello@blockspace.media

Can we get Ethereum without tradeoffs? Probably not but we’re gonna try. This week we’re joined by MEV searcher and developer 0xprincess to discuss “trustless order flow operations layers,” or how 1-second block times with no protocol changes or L2s can happen today. Later on we get into Wintermute, Flashbots and chain order flow. Follow our guest on Twitter: @0x9212ce55 Timestamps: 00:00 Start 00:47 Who is 0xPrincess? 03:52 How does T.O.O.L. work? 05:30 Designing TOOL 07:41 Trusted execution environments 11:05 We'll decentralize it soon(TM) 15:50 Network participants 18:24 Validator load 21:02 TOOL reduces ETH block times 26:23 TOOL v pre-confirmation 28:55 Wintermute & Flashbots 34:54 Bye bye builder? 38:25 Off chain order flow 41:46 Private order flow, obvious in hindsight? 45:45 Can't get rid of monopolies? 50:01 ETH protocol development 55:08 L2s 58:58 MAKE THE L1 GREAT AGAIN! 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here [https://blockspace.media/]. Questions or want to sponsor? hello@blockspace.media

Rebecca Rettig, Chief Legal Officer at Polygon Labs, joins The Gwart show to discuss crypto regulation, the future of DeFi, stablecoins, and the impact of upcoming elections on crypto policy. Deep insights into regulatory challenges and opportunities in the evolving crypto landscape. Note this show was recorded before the election occurred! Follow our guest on Twitter: @RebeccaRettig1 Timestamps: 00:00 Start 00:50 Rebecca's bio 01:38 Appearing in Congress 05:06 Language matters 07:17 What the "people" want 09:28 Talking to representatives 10:32 What has been the biggest failure? 12:44 What regulation would be good? 16:21 The role of tokens 20:27 KYC & tokens 22:17 Stablecoins 24:04 Using stablecoins 26:16 Stablecoin in US future? 28:13 What have we done wrong? 29:58 Do you actually NEED a token? 33:22 Vampire attack on fiat 34:41 What's Gensler's deal? 36:00 Uniswap fees 38:44 Validators & OFAC 40:04 Politics 45:49 Memecoins 49:19 Line in the sand 50:39 Privacy 52:37 Predictions 53:45 Banks gonna crush 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here [https://blockspace.media/]. Questions or want to sponsor? hello@blockspace.media

Spirits on the blockchain? We’re joined by a digital marketplace for Whiskey, BAXUS, to get a better understanding of RWAs.  Follow our guest on Twitter: @BAXUSco @web4o Timestamps: 00:00 Start 01:27 Baxus background 03:20 Whisky quality level 07:19 Creating Baxus 11:28 How does Baxus work? 12:54 KYC 17:48 Low end whisky market 22:23 Whisky fandom 23:53 The oracle problem 26:52 Why does this need a blockchain? 32:05 Brick and mortar locations 33:27 UI & blockchain 34:10 Crypto users vs normies 38:34 Web 3 future? 40:25 Blockchain as trusted ledger 44:55 Trend toward high value assets 47:00 User arbitraging the assets 48:41 Wouldn't makers just go to Baxus not stores? 49:21 Distributors & regulations 51:37 Opting out of legacy systems 54:58 Investing in bottles 59:17 Whisky as store of value 1:04:42 Subject theory of value 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here [https://blockspace.media/]. Questions or want to sponsor? hello@blockspace.media