Podknife - dYdX Abandons Ethereum?! with Founder, Antonio Juliano by Bankless

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dYdX Abandons Ethereum?! with Founder, Antonio Juliano

Podcast |: Bankless
Publisher |: Bankless
Media Type |: audio
Podknife tags |: Business,; Cryptocurrency,; Interview,; Investing,; NFTs,; Technology
Categories Via RSS |: News,; Tech News,; Technology
Publication Date |: Jun 29, 2022
Episode Duration |: 01:26:19

Last week, one of Ethereum’s biggest L2-integrated dapps — derivatives giant dYdX — announced plans to depart Ethereum upon its upcoming v4 release. The destination? A fully sovereign blockchain on the Cosmos Tendermint consensus protocol, built using the Cosmos software development kit.

We brought on dYdX, Founder, Antonio Juliano to discuss this announcement and so much more.

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

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------ Topics Covered:

0:00 Intro 7:00 The Announcement 14:38 Creating the Best Product 25:10 Decentralization 33:50 The Risks 37:55 Wallets 40:07 Staking Validators 46:05 Monetary Policy & Latency 54:44 Tradeoffs with Ethereum 59:55 Legal Reasons 1:06:00 Real Centralization 1:14:20 Bridging & Composability 1:24:00 Closing

------ Resources:

Antonio on Twitter: https://twitter.com/AntonioMJuliano

Announcement: https://twitter.com/dYdX/status/1539607062291877889

Why Would a dApp Leave Ethereum Right Now? https://newsletter.banklesshq.com/p/dydx-cosmos-ethereum?

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

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