The Gwart Show | Bitcoin Tech & Culture

Adam Cochran–a familiar profil pic to anyone on crypto twitter-joins The Gwart Show! They tackle Ethereum's roadmap, DeFi’s PMF, TradFi boys joining the party and regulatory & political challenges. At the end, we get a nice pitch on why we should take Ethereum seriously (or not).

Follow our guest on Twitter: @adamscochran

00:00 Start

01:18 Who's Adam Cochran?

04:40 Don't get butt hurt

06:09 Adam history

09:23 Working on now?

10:42 Unique investment profile

12:47 ETH roadmap

15:34 L1 vs L2

18:40 BASE roll-ups

21:17 Non-financial Ethereum?

24:11 All the ETH maxis please stand up

25:51 Value in the L1

28:11 ETH's monetary premium

31:21 Solana.... discuss....

34:09 Solana apps

35:35 Why Degen hate, bro?

37:32 The failure of DeFi summer

41:26 Bullish of what projects?

44:12 Who Wins?

45:49 Goldman will "follow fast" you dummies!

48:22 Regulations

51:19 Politics

55:44 Shill me beneath the willow tree

57:23 ETH/BTC chart

1:00:43 Pitch me Ethereum

1:02:10 ETH monetary properties

1:04:33 Value ETH on earnings?

1:08:22 Wrap up

👋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? [email protected]

Ludwig Thouvenin from Sorella discusses Ethereum MEV, Uniswap V4, and the launch of Brontes, an open-source MEV dashboard. He explores the complexities of DeFi liquidity, arbitrage strategies, and the future of Ethereum's protocol design, offering insights into the challenges and opportunities in the evolving crypto landscape.

Follow our guest on Twitter: @SorellaLabs @0xvanbeethoven

Link to the dashboard: https://t.co/tylzKFdetM

00:00 Start

00:57 What is Sorella?

03:38 Types of MEV

06:31 Confidence of MEV identification

11:28 Assumption & discoveries

19:10 Cross-chain MEV

22:08 Large firm advantages

24:41 Trading vs arbitraging

26:26 Big builder landscape

29:43 MEV accelerationist views?

33:58 Private order flow

35:18 Should users know about order flow?

37:38 Angstrom DEX

41:12 Uniswap 3 vs 4

42:52 Why doesn't Uniswap have this functionality?

45:22 Why a hook, not an app?

48:51 System architecture

50:00 Slashing & node count

50:45 Uniswap LPs, WTF?

57:45 Permissionless capital formation

1:00:43 Protocol design

1:06:41 Foreseeable hazards

1:10:21 Ethereum roadmap optimism

👋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? [email protected]

Gabe Shapiro, crypto lawyer and co-founder of MetaLeX Labs, joins The Gwart Show to discuss DeFi regulation, tokenized securities, and the future of crypto under Trump or Kamala.

Follow our guest on Twitter: @lex_node

Chapters

00:00 Start

00:42 Gabe's background

01:21 MetaLeX & Borgs

04:16 Problems with DAOs

09:40 Foundations vs corporations in DAOs

15:03 Well run DAO examples

18:06 The risks of tokens + equity

21:53 Regulating conflicts of interest

24:12 What don't lawyers understand?

27:21 Liquid staking tokens

30:39 Legalities of MEV

36:25 Changing rules

43:25 Governance attack vs code exploit

48:19 People are the DAO attack vector

54:41 Legal risks of single sequencers

55:20 WTF is a tokenized security?

59:50 Bearer asset laws

1:02:46 Crypto corp structures

1:07:51 World Liberty Financial

1:09:54 Trump vs Harris crypto regulation

1:14:37 Regulation = good? umm..

1:18:50 Stablecoins

1:21:50 Does USDC now control ETH roadmap?

👋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? [email protected]

Can you short real life? That’s the idea behind Futarchy. By applying financial logic and smart contracts to ordinary life, you can create prediction markets that help people create better decisions. Today Proph3t of MetaDAO joins the Gwart show to discuss what Futarchy is, how it relates to DAO governance for projects like DeFi, where the tokens are at and if traditional entrepreneurs could thrive in a world where DAOs run the ship.

Follow our guest on Twitter:  @metaproph3t

Timestamps:

00:00 Start

00:50 Profit's background

01:51 What is futarchy?

02:22 Problems with DeFi governance

03:02 What projects need governance?

06:14 How does MetaDAO work?

07:25 Markets vs voting

09:14 What issues should be decided by futarchy?

11:15 Why markets know best?

16:20 Would Steve Jobs survive futarchy?

17:13 Does futarchy fix bad management?

20:34 Are DAOs companies?

22:09 Does futarchy always lead to NGU?

23:00 What is the Meta token?

24:26 Recent MetaDAO proposals

25:54 $250k bet on recent proposal

28:30 Why build on Solana?

29:59 Solana culture

31:19 Examples of novel ideas

34:02 Professional DAOs

37:21 Forking vs voting

40:12 Open source protocols vs DOAs

41:56 Tokens, tokens, everywhere

47:58 Shareholder rights?

51:28 It's all prediction markets

55:01 Prediction markets a threat to democracy?

58:38 Variables in social welfare

👋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? [email protected]

Welcome back to The Gwart Show! Today we tackle the hard problem of scaling with Rollups, among other conversations. We’re re-joinbed by Shehzan, a Bitcoin builder focusing on borrowing and lending protocols on top of Bitcoin, and Shinobi, an out-spoken Bitcoiner and technical editor at Bitcoin Magazine. 

Follow our guest on Twitter: @marediashehzan @brian_trollz

Timestamps:

00:00 Start

02:12 L2s on Bitcoin

05:10 Do fees & speed effect payment adoption?

06:26 Why does lightning suck?

11:06 Lightning failed experiment?

12:21 Taproot assets on Lightning

15:59 Should stablecoins be on L1?

19:28 Stables are #1 use case

21:12 Roll ups

27:51 Why are devs interested in roll ups?

30:27 What roll ups are ready today?

36:26 Liquidity problems?

37:49 Other roll up limitations?

38:41 Roll up use case?

41:04 Are roll ups just a sneaky block size increase?

44:19 One roll up to rule them all

45:41 Do roll ups scale execution on BTC?

47:14 Single sequencer risk

50:12 Is Lightning "connective tissue"?

51:19 Unilateral exit in roll ups

53:09 Upgrades in roll ups

57:07 CATVM

1:00:18 New OP codes & scaling

1:06:58 Why will BTC expressivity be useful

1:08:19 VC backed projects pushing new OP codes

1:10:08 What is ARK?

1:14:47 MEV on Bitcoin

1:21:49 What roll ups will cause problems?

1:23:46 What roll ups have traction?

1:27:40 Are covenants on a deadline?

1:29:16 What's interesting right now?

1:30:12 The possibilities of eCash

1:32:49 Is Austrian Economics dumb?

👋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? [email protected]

Welcome back to The Gwart Show! Today we are joined by Shehzan, a Bitcoin builder focusing on borrowing and lending protocols on top of Bitcoin. While most people think of Bitcoin as a dumb rock, the Lava team led by Shehzan is working on a novel solution to natively lend and borrow (while maintaining self-custody but we’ll let him explain that) on Bitcoin. Lava uses Discreet Log Contracts (DCLs) to thread the needle of both permissionless capital via DeFi markets and Bitcoin self-sovereignty via self-custody.

Timestamps:

00:00 Start

00:56 Who is Shehzan?

01:29 Why no BTC lending yet?

02:29 What are DLCs?

04:19 Lava vs other lending protocols

05:30 P2P loans complications

06:59 Deposit & loan process

09:20 Privacy implications

11:32 Wrapped BTC

12:44 User risk profile

14:57 Fixed rate loans

17:53 Who are the lenders?

18:19 Oracles

19:42 Choosing oracles

20:49 Rates

22:11 Loan durations

23:13 Target user

25:33 Other chains?

27:21 Solana outages

28:41 Other DLC uses

30:13 Building in Bitcoin experience

32:19 Lightning

33:06 Lack of BTC spending

35:07 Bitcoin's monetary properties

37:48 Wrapped BTC and custodians

41:45 Bitcoin scaling

43:45 OP Codes

46:42 Not enough core devs

47:58 Stablecoins

51:50 Tokenized assets

53:08 Solana vibes

Follow our host: @gwartygwart

Follow our guest on Twitter: @marediashehzan

👋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? [email protected]

Welcome back to The Gwart Show! Uri Klarman, known for his BloxRoute private mempool company, joins Gwart to discuss the future of MEV on Ethereum and Solana. Uri goes through ther Ethereum block builder journey, why public mempool’s are a problem in today’s on-chain economy, and his many (and we mean many) attempts to address MEV or miner malfeasance through token schemes. 

Timestamps:

00:00 Start

00:44 Uri's background

01:28 Blocksroute

05:52 ETH block building

11:44 DeFi vs CeFi

15:55 Can Defi compete w/ Centralization?

19:53 Block builders stealing fees

21:39 Bye bye mempool

23:52 Solutions for MEV

29:10 Bitcoin miners chase profit, always!

32:25 Incentives promote MEV on ETH

33:38 Multiple concurrent proposers

45:46 Palidin

1:01:26 Why PAL token?

1:11:33 SOL delegated stake

1:12:05 Why not RPC?

1:13:18 PAL token liquidity

1:16:04 Slashing by consensus

1:19:59 ETH gas limit token

1:24:39 SOL staking future?

1:29:53 Mining ORE

Follow our host: @gwartygwart

Follow our guest on Twitter: @uriklarman

👋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? [email protected]

Welcome back to The Gwart Show! We are joined by the 4th most important Taproot Wizard, Udi Wertheimer, to discuss, well, male pattern baldness. We also dive into the wizards roadmap (not just JPEGS) like CATVM, the use-cases for L2s, how blockspace doesn’t solve blockspace issues and why ETH Maxis just keep losing.

If you are enjoying the show, please subscribe to our email list for notifications when the podcast comes out, transcripts and more.

Timestamps:

00:00 Start

00:54 Taproot Wizards update

01:39 Technical roadblocks

03:34 What new tech should Bitcoin have?

05:36 Are DeGens our saviors?

10:05 Lack of product market fit for crypto tech

11:55 SOL Degen = BTC Maxi?

14:59 Is DeFi interesting at all?

18:11 CATVM

20:46 Vision for CATVM

23:39 Where are the L2 use cases?

27:12 ETH roll up roadmap

31:02 Can't scale blockspace w/ more blockspace

33:33 CATVM does NOT solve scaling

36:36 On chain lending?

40:30 BITVM

43:15 VCs backing BITVM

46:03 Are tokens NOT terrible?

51:41 ETH maxis suck at predicting the future

1:00:17 Where are we at in 5 years?

Follow our host: @gwartygwart

Follow our guest on Twitter: @udiWertheimer

👋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? [email protected]

Welcome back to The Gwart Show! We we’re down in Nashville recording some shows, but this week we have something a bit different with Mert, CEO of Helius and co-host of a BlockWorks podcast. So, it's a podcast with a podcaster today. We go through Solana's ecosystem, including MEV and architecture. Mert shares insights on Fire Dancer, state compression and Helius, while addressing criticisms and challenges.

Timestamps

00:00 Start

00:50 Mert's background

01:16 ETHCC experience

03:26 ETHCC takeaways

08:16 Can't L2s just get along!

11:01 Is ETH following SOL?

15:40 Base sequencing

20:02 What's exciting now?

27:47 Apps now & future

32:38 Will Solana be NASDAQ on chain?

36:18 MEV on Solana

39:21 Is MEV inevitable?

46:02 Stake-weighted QoS (Quality-of-Service)

48:49 DDOSing RPCs

50:12 Is Stake-weighted QoS centralizing?

51:59 Will Solana become the Helius-chain?

Follow our host: @gwartygwart

Follow our guest on Twitter: @0xMert_

👋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? [email protected]

Welcome back to The Gwart Show! We’re re-joined by Max Resnick (@MaxResnick1) of the Special Mechanisms Group (@specialmech) to discuss Ethereum's potential shift towards faster block times and multi-proposer systems. He explores the implications for L2s, MEV, and market structure. The conversation covers Ethereum's comp21etitiveness with Solana, the future of DeFi, and the challenges of centralization in crypto.

Timestamps:

00:00 Start

01:06 Matt's background

02:47 ETH vibes right now

04:39 Consensus around new EIPs

09:47 Node burdens

13:22 What about the L2 roadmap

16:47 Did ETH just rug L2s?

18:11 The future of roll ups

21:25 Is Base extracting value from users?

24:25 What is the multi-proposer?

25:39 Community response

27:12 Outcompeted by Solana

29:50 Who doesn't agree?

30:43 Changes for block builders

32:21 What does ETH Foundation think?

33:01 Benefits of 2 sec block times?

35:15 Trading back to L1?

37:11 L1 value = MEV available

40:42 Yield APR & loan APR converge?

41:45 Is the end game 100% staked ETH?

44:56 Moral judgements leading development

45:47 Restaking

48:14 Why does ETH win against Solana?

52:06 Infrastructure vs apps

54:01 What apps are unlocks

54:44 Stablecoin chokepoints

1:01:12 MEV on Solana

1:06:50 Future of AMMs

1:07:12 Trusted execution environments

1:09:56 SUAVE

1:11:57 Service provider adoption of EIPs

Follow our host: @gwartygwart

Follow our guest on Twitter: @MaxResnick1

👋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? [email protected]