Jon Charbonneau and Bread join David Hoffman to unpack Ethereum’s pivotal moment—facing tough choices to re-focus on its Layer 1.

They break down Ethereum’s shift back toward prioritizing L1 growth, the delicate dance between Layer 1 and Layer 2 strategies, and why Ethereum must reclaim DeFi as its core strength. The conversation also explores the nuanced dynamics between Ethereum’s cultural vision and technical roadmap, how Layer 2s fit into Ethereum’s evolving ecosystem, and what this strategic recalibration means for Ethereum's future in a competitive crypto landscape.

Jon Charbonneau: https://x.com/jon_charb
Bread: https://x.com/0xBreadguy

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TIMESTAMPS & RESOURCES

0:00 Intro

5:28 Jon & Bread’s reaction to the Dankrad/Angsar episode
https://www.bankless.com/podcast/ethereums-strategic-pivot-ansgar-dankrad-mike-ippolito
https://x.com/TrustlessState/status/1914402754891559253
https://x.com/TrustlessState/status/1914330497905299790

27:56 Unichain or Ethereum L1 is DeFi?
https://x.com/TrustlessState/status/1913633500206428201

35:07 Making the L1 competitive while keeping L2s happy

44:38 L2s Parasitic?

48:49 Bitcoin Roadmap Bread vs. Jon

57:09 Decline of the ETH price & all asset prices overpriced?

1:05:02 ETH/BTC growth slowdown reason

1:13:35 The politics side of the conversation

1:19:05 What Bread & Jon are excited about

1:26:49 Closing & Disclaimers

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