High Stakes | Intense Competition Among Layer Two Solutions

The battle for supremacy among layer two solutions in crypto has projects vying to showcase their tech. Despite criticism, airdrops and token launches by Ren and Eigenlayer have faced user disappointment.

This episode is sponsored by the Stellar Community Fund

Follow the show here for more.

This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk; they cover the story of Celo choosing Optimism as their layer two solutions, the vulnerabilities found on Optimism and the launch of tokens by Ren and Eigenlayer.

Chapters

00:00 Introduction and Overview

01:43 Celo Chooses Optimism as Layer Two Solution

07:20 Vulnerabilities on Optimism and Layer Two Wars

16:31 Token Launches by Ren and Eigenlayer

28:14 Intersubjective Forking and Regulatory Uncertainties

34:46 The Crypto Industry as a Complex Game

37:04 Conclusion

Sign Up for THE PROTOCOL NEWSLETTER 

EPISODE LINKS | 

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s 

The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done

What Is Restaking? What Is Liquid Restaking? What Is EigenLayer?

EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token

Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync

-

From Our Sponsor: 

The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.

Apply for Funding at .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}