The Gwart Show | Bitcoin Tech & Culture Blockspace Media

Welcome back to The Gwart Show! This week, Colluding Node from the Celestia joins Gwart to unravel the mystery of memecoins, stablecoins, governance tokens, Ethereum scaling via grifters and how Celestia works under the hood. Gwart and C-Node talk about like 20+ blockchains in this podcast so it probably has something for everyone.

Follow our guest on Twitter: @colludingnode

Follow our host: @gwartygwart

👋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.

Timestamps:

00:00:00 Start
01:29:09 What are blockchains good for?
02:29:16 Evolving understanding of blockchains
05:34:17 Bullish ETH?
08:37:21 The future of DeFi
10:50:08 DeFi privacy
14:20:12 Are meme coins the final boss of stupid?
15:54:19 Permissionless
18:39:19 Are lobbyists focusing on the right things?
21:44:16 Are lobbyists serving plebs or companies?
24:03:17 Companies don't care about P2P tnxs
25:52:17 Centralized stablecoins
28:30:16 Stablecoins > Crypto?
30:06:02 Money separated from state
31:52:28 Maker DAI
34:12:29 Governance tokens
37:24:02 No governance not MORE governance
40:00:10 ETH scaling w/ grifters
41:45:11 Solution to confusing scaling?
43:54:01 Solana reservations
47:14:14 Solana nodes
48:50:25 Celestia light clients
50:51:19 Light clients & trust assumptions
52:27:21 Celestia's vision?
54:25:07 Sovereign roll ups on Celestia
56:34:11 Appchains?
57:28:08 Defi interoperability

Questions or want to sponsor? hello@blockspace.media

Dean Eigenmann, a Miner Extractable Value (MEV) searcher, joins The Gwart Show to give an insiders look into the MeV landscape, strategies, decentralization challenges, and regulatory concerns. He discusses key differences between Ethereum and Binance Smart Chain, DeFi's future, L2 developments, and offers a critique of Bitcoin.

00:00 Start
01:23 Dean intro
02:16 MEV = Oligopoly
03:19 Builder centralization on ETH
04:36 PBS design
05:53 Enshrined PBS
07:32 Atomic strategies & inventory risk
09:02 Censorship
10:29 Censorship & geographic distribution
12:46 MEV on BSC
13:43 MEV developer crossover
13:59 What chains do they do?
14:49 MEV on Solana
15:42 Faster chain = less MEV?
16:46 MEV on L2's?
17:46 Shared sequencing
20:06 Intents
22:17 Operating at a loss
23:52 AMM execution
24:52 Define MEV?
25:13 Is sandwiching bad still?
26:57 Private relays
28:05 Can you prevent private relays?
29:11 Is there a way to promote geographic distribution?
30:48 Is MEV like High feq trading?
32:06 Timing games
33:12 SEP of BSC
33:38 MEV searchers on the downlow
35:39 Legal aspects of MEV
36:30 Sandwiching illegal?
39:49 Regulating builders
40:31 OFAC transactions
41:41 Encrypted mempools
43:11 Ideology
45:15 What's missing
45:58 Restaking
46:42 Rollups good?
47:39 Bullish L2's?
49:06 ETH L1 innovation
49:57 Thoughts on Solana?
50:56 BSC happenings?
52:31 Bitcoin sucks

Follow our guest on Twitter: @DeanEigenmann

Follow our host: @gwartygwart

👋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

Allen Farrington, co-founder of Axiom, discusses Bitcoin scaling, the role of venture capital in Bitcoin's ecosystem, his thoughts on DeFi, NFTs, and stablecoins, and the potential for Bitcoin to supplant fiat money. He also shares his insights on the ordinals debate and the future of Bitcoin infrastructure.

00:00:00 Start
00:00:32 Allen intro
00:01:22 Allen's background
00:06:30 Investing in public Bitcoin companies
00:10:44 Axiom
00:13:26 What wrong with DeFi
00:20:38 How does Axiom decide what to invest in
00:24:11 Lightning gaming
00:28:49 Criticisms of lightning
00:33:02 Do L2s have to have trust tradeoffs?
00:36:00 Will BTC kill fiat?
00:38:52 How is Axiom NOT like other VCs?
00:42:23 Are tokens always silly?
00:48:56 Stablecoins
00:53:06 Are stablecoins doomed?
00:57:56 People want centralized stablecoins
00:59:42 What is DLCVM?
01:06:25 Rollups
01:10:47 Companies must ROI
01:19:20 Ordinals
01:27:25 The circular logic of scams
01:38:56 Wrap up


Follow our guest on Twitter: @allenf32

Follow our host: @gwartygwart

👋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

In this podcast, Tarun shares his insights on ZK technology, DeFi governance, PoW vs PoS, Bitcoin L2s, and more. He discusses the challenges of marketing ZK tech, the importance of dynamic availability in PoW, and the potential for Bitcoin to adopt new opcodes. Tarun also shares his thoughts on the future of DeFi and the crypto industry as a whole.

Follow our guest on Twitter: @tarunchitra

Follow our host: @gwartygwart

👋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.

Chapter Markers:
00:00:00 Start
00:01:44 Tarun's background
00:02:04 Uniswap SEC case
00:04:47 Tarun's current focus
00:09:17 ZK tech's appeal
00:14:38 ZK tech applications
00:18:48 Solana fees & networking
00:25:44 State of DeFi governance
00:30:32 PoW vs PoS debate
00:40:31 Token voting & centralization
00:44:55 Token governance issues
00:49:55 PoW as better money
00:57:58 PoS issuance & staking
01:03:40 PoS & rational agents
01:09:11 ETF impact on staking
01:15:59 Tarun on Bitcoin L2 Alpen
01:18:54 Bitcoin ready for L2 tech?
01:21:03 OP_CTV & political will
01:22:46 Ideal Bitcoin L2 tech
01:25:02 Bitcoin Covenants (OP_CAT)

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

Welcome back! In Part 2 of The Gwart Show, Alex B shares his insights on Bitcoin, Ethereum, and the broader crypto landscape. He discusses the flaws in Ethereum's proof of stake model, the cult-like phenomena in crypto, the reality of the Lightning Network, and the centralization concerns in DeFi. Alex also touches on the necessity of stablecoins and the constant innovation in crypto tech.

Published weekly on Sunday afternoons, "The Gwart Show” gets to the bottom of crypto’s toughest topics.

Chapter Markers:
00:00:00 Start
00:00:03 Intro
00:02:44 Anything interesting in crypto?
00:15:50 Ethereum's proof of stake
00:23:48 Alex's Ethereum predictions
00:34:33 Ethereum staking derivatives
00:38:50 Bitcoin DLCs & lending
00:44:27 Decentralized finance challenges
00:48:30 Open source vs liquidity
00:53:42 Lightning Network marketing
00:59:27 Lightning elegant but limited
01:03:39 Stablecoins on Lightning

This show is produced by Blockspace.media

Alex B, writer at Bitcoin Magazine and longtime Bitcoin Twitter user, joins The Gwart Show in this two part series on the heart and soul of Bitcoin maximalism, why it matters, if Bitcoin Season 2 is a sham and, of course, if Ethereum is a scam.

Follow our guest on Twitter: @bergealex4

Follow our host: @gwartygwart

Chapter Markers:
00:00:00 Start
00:00:18 Introducing Alex Be 
00:05:41 Bitcoin scaling discussion
00:17:44 Necessary Bitcoin primitives
00:36:02 Protocols & Bitcoin economy
00:38:18 Incremental vs risky changes
00:48:30 Eric & Rudy's views
00:49:44 Bitcoiners' concerns
00:50:50 Defi's degeneracy
01:00:31 MEV on Bitcoin
01:02:03 Miners & economies of scale
01:09:55 Drive chains & merged mining
01:14:21 Meta protocols & centralization
01:18:55 Miners & meme coins
01:20:21 Ordinals' impact on Bitcoin

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media