Arbitrum Odyssey, The Merge updates and much more - The Daily Gwei Refuel #352 - Ethereum Updates
12 Apr 2022 · 29:44
Anthony Sassano runs through the last 24 hours in Ethereum and crypto on The Daily Gwei Refuel, covering a successful Merge shadow fork, a Nethermind and Besu client fix from Marius van der Wijden, and Ethereum client tooling running on Raspberry Pi. He also covers Sign-In with Ethereum landing on Auth0, Uniswap Labs Ventures, and Arbitrum's Odyssey incentive campaign alongside its Alchemy developer partnership.
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hello everyone and welcome to another episode of the delegate refuel work up the latest news the ethereum ecosystem i'm your host anthony sosano and today the 12th of april 2022 all right everyone let's get into it so a lot of merch updates uh today of the last 24 hours i covered the merge uh for you know a fair bit of yesterday's episode and i'll be doing the same today uh things are really heating up here guys like it may feel like the merge is quote unquote taking forever maybe because i talk about it like all the time and you probably hear about it from other sources uh but you know it hasn't actually been that long since we've been doing this kind of like test this testing and kind of like these test nets and devnets and things like that um but uh yeah in the kind of like latest round
of things is what i kind of talked about yesterday and touched on yesterday with this mainnet shadow fork that they were doing so this was a success the blocks finalizing everything looks solid on the execution clients uh and as terence says here congrats to all the hard-working teams so uh i think marius had a tweet as well about this where he said you know it was a huge success but another mine and basu tour the execution layer clients stopped at the transition but a fix is being deployed to another mind that allows them to sync up and geth and aragon are processing happily and geth and aragon account for over 80 of the execution layer clients so you know if this was to happen on mainnet it would be fine um because our client diversity on the execution layer isn't as good as we need it to be and this is
probably a time where non-client diversity is a positive but not really i mean you could make an argument either way there but essentially for all intents and purposes it was uh it was a huge success which is awesome to see i mean as i said this was the first mainnet shadow fork and as i've described shadow fox before basically taking the i guess network a network and ethereum network as it exists at one point in time today and it's a live network and forking that and doing them doing the kind of like merge transition through that so the fact that the first main net shadow fork actually worked with minimal issues i would call these bugs with nethermine and basu minor bugs from what i've seen uh and as i said because they don't account for a lot of the chain anyway uh right now at least they
wouldn't have stopped this transition going through if this would happen the main net it would have been would have been fine uh so yeah everything seems to be going going well and you can see here there's a block explorer oh no sorry i'm not a blocky store explorer just like a dashboard where you can see everything going on on the um the shadow shadow forked network here and you can see all the all the different kind of like um nodes and stuff like that here so very very cool i mean you know i was speaking about dates yesterday as well around the merge and i kind of like went all over that and i said zero percent chance is going to be in june i mean i even saw tim biker say on twitter today that it's not happening in june so that's just not me saying it
that's tim baiko who obviously is very heavily involved with ethereum core development saying that as well uh i think this week on the core devs call on friday there's going to be a lot of discussions around dates i think in particular they're going to discuss about the difficulty bond because if we don't do a difficulty bomb sorry if we don't do the merge uh before we kind of like delay the difficult difficulty bomb or before the difficulty bomb goes off and makes the network basically unusable we would have to do a separate hard fork to delay the difficulty bomb because with the merge the difficulty bombs actually going away it's not going to be a thing on ethereum anymore uh so i think there's going to be a lot of discussion on friday around that and we may get like a launch window you know the difficulty bomb could still
go off and then we could just merge like two weeks later or something like that but yeah i'm not sure yet as i said yesterday i could see it being pushed out to august september you know kind of thing uh but it there's still a coin toss of it happening in july right it could happen in the end of july i'm i'm not sure i think we're going to get a better idea on friday around this it's going to be interesting to listen into to this core developer call but i think that the fact that the main shadow fork went so well and it seems that everything seems to be working you know quite well besides these these bugs and these other clients that we need to fix um we're probably going to do more of these kind of like shadow forks and see how it goes from there but given all
this you know i i could see them still targeting kind of like a july even august kind of um timeline here but even if it happens in august i think the difficulty one at that point would need to be delayed another hard fork depending on when it happens in august because for those who don't know the difficulty bomb basic basically increases the difficulty on a kind of like um curve that grows exponentially over time which makes the block times a lot longer so essentially what would happen is we would end up eventually with like 30 40 50 second minute minute blocks right and that's that's obviously unworkable for ethereum like imagine ethereum having a one minute block you'd be waiting at least one minute for your transactions to happen all the d5 stuff happening all the arbitrage stuff happening on chain the prices move a lot you know within a
minute it just it would be unworkable it'd be it'd be really really slow and it'd suck right it'd be it'd be really bad so the difficulty bomb would have to be delayed from there and who knows how long the delay would be maybe it's just a three-month delay from there because they're confident they can get the merge in within that time frame but as i said timing-wise we'll just look and see what happens on the core dev call on friday which i probably won't be able to cover on the refuel because of my traveling plans but i'm sure you all see it on twitter anyway and see what comes out of that uh and and things like that there and there was another tweet here from uh from from marius that uh basically highlighted that the main net shadow fork actually found an issue that they
the core developers could have easily missed on the devnets and the issue was that the default gas limit is set to eight million but miners voted it up to 30 million right on they mean that it's 30 million since most validators would run with the default value the gas limit would quickly drop so essentially uh if for example we did the merge and then the um uh the the kind of like uh the the validator is running the default kind of like um values at eight million we'd have a massive drop in the gasoline which means that probably i mean the block space would get it would get like this it would get kind of like cut in two-thirds or less than that um and the fees would probably like skyrocket there'd be a bit of pandemonium on chain and then all the validators would have
to vote it back up or change their values to 30 million again so the default gas limit is now changed to 30 million but yeah this kind of stuff is easily missed on the devnet so very very cool that this was caught in the shadow fork this isn't something that would prevent the merge from happening but it would be kind of like something that would happen like immediately post merge where the gas limit which is essentially ethereum's block size would go down a lot and people would be like why did this happen uh and you know for i guess for like a little bit of time people would be would be kind of like concerned and be like you know why did this happen like what's going on you know this is really bad and they might not even pick up on something like this right and that's what these
these shadow folks are for picking up as as i said before guys the merge is incredibly complex it is not something easy to do that's why there's so much testing being done that's why there's so many different types of testing being done because we need to be able to catch as many as much as possible right and i'd actually be concerned if there weren't issues being caught because it would kind of like mean are we missing something like i remember feeling this when i believe the final test net that was done before the beacon chain was launched uh went out went off without a hitch there were no issues and i was like uh i don't actually like that you know i feel better when this issue is being found because if there's no issues well there's never no issues like honestly in software development the one
thing i've learned especially within within crypto is that there are always issues big or small there is always going to be a bug that you will find at one point or another and if you don't find anything well that's concerning right so so yeah that's kind of like something that they were able to catch with the mainnet shadow fork uh and then ethereum on arm also tweeted out there running their kiln node on a raspberry pi 4 using only the micro sds storage which is really really cool so i like these sorts of things i like being able to run ethereum uh kind of like software on uh limited hardware like a raspberry pi 4 instead of like a beefy machine or anything like that because you don't need that i mean the whole point of ethereum and the whole point of the fact that layer 1 is going to remain um you
know relatively unscalable for for end users is is because of the fact that we want to keep it uh you know easy to run right easy to sync up a node easy for everyone to kind of like um have a history of the chain if they wanted to so cool to see this from ethereum on i'm here but i think that's all of the merge updates for now as i said friday's core dev call is going to be a big one that's going to be very important to pay attention to i'm pretty sure i'm going to be on a plane during that core dev call which sucks because i'm going to have to wait until i get off the plane and be able to check twitter and kind of like see what's going on there but i mean it's not going to be anything kind
of like you know to fomo over it's probably just going to be a you know kind of like another target window given or so or something like that or maybe there's a decision made that the difficulty bomb needs to be delayed because the merge is probably not going to happen you know before it starts affecting the network negatively who knows right like i am not going to sit here and say that i can give an accurate kind of like estimate or accurate measure of what's what's going to happen here but as i said like currently with the information i have available to me july is a coin tossed so 50 50 or whatever happens in july and i i would say that's that's end of july um if it happened in july um but it's it's looking more likely to be august of sept or september uh you know
if it gets pushed out to september whatever i mean at the end of the day guys like it's like three more months right it i just don't get why people are so concerned about this it's not like the eighth price is gonna 10x immediately after the merge like that that's just not gonna happen right and the longer that it kind of like takes to happen the longer it takes the information to disseminate out there the cheaper if you get that's the way i think about it because it's gonna happen it's just you know if it happens like in june july or september it doesn't really matter it's not that much of a of a kind of like don't i i i shy away from calling it a delay because it's not a delay but it's not that much of a difference right so say something to
keep in mind i mean i i always hop on about this i know some people find that annoying but that's just the way i view things so so yeah all right so a bit of news on uh from the signing uh signing with ethereum world today so signing in with ethereum wallet is now available as a as an option for all auth zero clients uh so spruce id has worked with uh auth0lab to make this work uh so this is basically uh base using your ethereum wallet as you normally would you know sign in with ethereum as i've described before to sign in with the uh with the alt zero uh platform here so you can see there's a blog post here of uh of what's going on uh with all of this and explaining how this all works it's quite lengthy as well kind of goes through how it's
actually working so you can see this flowchart here of like you know website user login.xyz and ethereum ens and how that all works there with verifying signatures and all that sort of stuff there and serving pages which is very very cool um and you know this is a guide of how to add uh at signing with ethereum to what they call your tenant which is kind of like um what all zero provides here as a platform you can see it's directly integrated into their software suite which is very very cool to see right next to things like sign in with slack right how cool is that signing with ethereum is becoming a you know accepted web 2 and web 3 way to kind of like authenticate which i i'm obviously super excited about uh but yeah definitely check out this blog post for more information on this this is
one of the things i'm most excited about that is a non-financial thing in ethereum people always talk about and go on about you know what are non-financial applications in ethereum that don't just exist to make people money you know aren't just ponzies aren't just speculative vehicles well it's signed with ethereum that's like the perfect example and ens is another example that i always use uh but signing with ethereum and ens go hand in hand as well but designing with ethereum is just so powerful imagine signing in to anywhere on the web and being able to carry your profile with you because your profile is your on-chain identity and i talked yesterday about uh git pull-up and pop-up in general and about how they're going to make uh identity um and reputation kind of like a thing in ethereum um but you know signing with ethereum just takes that
all that information that you have on your ethereum account uh and it lets you kind of like port that wherever you want that's going to be very very powerful for things like decentralized social media which i'm very excited about uh things like lens protocol which i've spoken about before uh but that's to me i mean signing with ethereum to me um along with ens and that whole family is the thing that you everyone should point to when people ask them about non-speculative non-money non-d5 use cases of ethereum obviously we have the dows and stuff like that but a lot of the dows are attached to monetary things because they have tokens uh and those tokens are kind of like you know in the treasury and stuff like that but signing with ethereum uh you know i don't know i'm not gonna say they're never gonna
have a token because you guys know my rule is that everything has a token but regardless of them having a token or not sign with ethereum is just such an incredibly cool primitive that can be integrated not just in web 3 but in web 2 as well and that's what i'm actually most excited about the integrations with web 2 because it's like the trojan horse of getting ethereum into the web 2 world you know imagine all these web 2 websites maybe not something like facebook uh maybe twitter will do it but not something not not like facebook or anything like that but imagine a lot of these web 2 websites say okay well i have signed in with facebook i have signed in with um with twitter signing with email blah blah blah i'll just add signing with ethereum to my my site and then imagine the experience that people
get from being able to port things over from uh and put their profiles over from from place to place portal their state or their kind of like and especially their financial his not financial history maybe because hopefully we'll have privacy preserving stuff there but like their financial state right being able to kind of like exchange value through just signing in with ethereum on things that sort of stuff to me is super cool it that is web 3 to me that is the the coolest things web 3 is kind of like the shared state where you control your own data you control your own uh privacy eventually as well and you'll be able to kind of like port that to different websites and and different services across the across the internet so definitely check out this uh this blog post for more information on this but i was excited to
see this integration happen all right so uni swap labs has announced uh something today so what they've announced is unisop labs ventures which is basically the venture arm of uni swap so uh they say here at unisop labs our goal is to unlock universal ownership and exchange for everyone starting with bringing millions of people into the emerging web 3 economy so what unicef labs ventures will do is it will invest in teams at different stages and levels of the web 3 stack from infrastructure to developer tools and consumer facing our applications we're also focused on investing in projects that are closely aligned with our values building for the long run collaborating openly with communities and putting users first so they've already invested in 11 companies and uh several native
protocols across the web's three ecosystem such as tenderly maker rve and compound and party dao and layer zero here as well uh which is really cool to see but yeah i mean i think this is cool i i think it's cool that uni swap is doing more with their massive treasury that they have i know that it kind of like when you when you look at this and kind of like peel behind the curtain some people get a bit annoyed because the treasury is mostly nominated in the uni token and the union token has not performed very well against usd and against eth obviously uh you know since the during the first air drop like whenever i got the air drop and if you held on to it you you did quite well but if you bought on market especially near the all-time highs you've done quite poorly and you
know if i just bring up kind of like how the uni token has performed here you understand what i mean it's down 80 from its all-time high against usd it's down even more against eth uh and a lot of people kind of look at that and are like okay well i'm just completely wrecked on my investment uh and now unisop labs is using their treasury or unisop labs ventures using the treasury in order to fund other things it's just going to put more cell pressure on the token and all that sort of stuff but guys i'll be honest at the end of the day this is going to happen regardless so for example uni swap has their treasury where they have uni tokens and they'll sell those uni tokens to fund different things is it any different than ethereum paying miners in eth to secure the
network to basically add value to the network to get the network running and then they sell that eighth to the market same is going to be true for stakers you know don't forget stakers do get a block reward uh and you know and and there's no cap on on east kind of like supply the reason why we're going to be deflationary is because of the burn but that is you know orthogonal to to to to kind of like the other stuff happening there to the fact that we need to pay validators and miners and all that stuff there so there's always going to be cell pressure coming from somewhere but it's on the ecosystem to improve the tokenomics of the actual token i i've described 8th tokenomics in great detail plenty of times on the refuel to may 8th has the best tokenomics the best value accrual out of
literally any asset within crypto i don't see any other asset that has the same value accrual um you know mechanisms and and and uh the same kind of like uh value accrual uh narratives as well around it nothing even comes close to be honest but it doesn't mean that other things can't improve their economics or can't come close i mean right now if uni swap wanted to if the community came together to vote on this they could implement that fee uh take for uni token holders they could just switch it on 0.05 percent of the fee would go to uni token holders uh if they staked their uni it'd lock up a lot of uni it'd get a cash flow going it'd be easier to evaluate it'd be more enticing to buy and the token might you know would probably appreciate in value but that's not happening for a myriad of
different reasons i think the biggest one is definitely regulatory reasons because the unisop labs team uh is not uh you know they do not want to attract any kind of like undue attention because they're based in the us i get that but at the same time it's kind of like shitty for the uni token holders and i totally get why people are upset i personally don't hold any uni i pretty much i think i sold all of my airdropped uni uh at this point i had a bunch across different addresses so this isn't me being a salty bag holder or anything like that this is me sympathizing with the people uh that kind of like bought this and and and i get like their frustration but at the same time this is the sort of stuff that you have to take into account when buying into things
you need to realize that most things are stupidly overvalued uh uh in these tokens and a lot of them don't have ways to keep that value and accrue value a lot of them has have low circulating supplies with tokens unlocking over time so you really need to look into this like i mean maybe one day i should do a crash course on what i look at when i look at kind of like tokens to invest in but i don't want to give investment advice like i really don't want to tell someone you know don't buy this because of that i would never do that but and then you know then it goes up in value this is why i never really talked to especially newer people that i meet in real life about this they always ask you know what should i put money into and if they push me on the
matter i just say to them hey like i you know i buy eth that's it i just tell them what i buy i don't tell them why i buy it why i'm bullish on it i don't tell them uh you know why why i think it's a good investment or anything like that i just say i'm involved with ethereum i buy eighth i hold eighth that's that's what i do uh and i just i just don't want to be seen as giving kind of like investment advice here but i think that i would actually be able to do a lot of good going through the list of things i look for when looking at tokens to evaluate just just to evaluate it as your own like you can decide whether to buy or sell something or speculate on it but in terms of actually what to look at i
think a lot of people are very confused i think a lot of people don't realize this especially new people to the ecosystem and they get taken to the cleaners really at the end of the day and i've spoken about this on the refill plenty of times before but there are so many retail investors that just get psyops tricked you know uh fleeced just constantly in this industry i see it time and time again and it just i mean it's a bit frustrating but at times i kind of like think that people have to go through this trial by fire in order to become better investors i truly believe that to be honest because unless you have someone helping you like along the way that's that's very experienced so for example like if you had me helping you and i you know i don't do this for anyone but if you had
me like in your ear helping you telling you and giving you all my experiences over the years of being in this market you may not have to go through that trial by fire but as i said i'm not going to do that most people aren't going to do that they don't want that responsibility they don't want that that harder headache of of um you know potentially even being wrong because the market just goes stupid for some reason but i i do think like someone even just babying you along and telling you i don't i don't think that's that's worth anywhere near as much as it's worth going through your trial by fire on your own but anyway i've gone off on a bit of a tangent there i think it's cool what unisop labs is doing doing here with ventures i think it you know
it's gonna lead to more funding of of things especially public goods within ethereum which is very very cool uh so you definitely check out the blog post more information about this old kid in the youtube description so arbitrary announced today that they're they're setting up a collab with uh rattwell which is a crypto artist uh they are responsible for tubby cats nft after talking about rap well on the refill before um really big fan of um of what they're doing of the work they're doing really big fan of tubby cats as well i've got an honorary tubby cat uh there so maybe i should just disclose that uh and also uh project galaxy here uh and then what they're doing is that they're collaborating on a two month long journey to invite users to explore the d5 nft ecosystem on arbitram so users who join will be able to claim up to 17
free exclusive nfts designed by ratwell which is pretty enticing right these aren't just your random nft's design designed by uh just anyone ratwell is actually a very big deal in the end of tigger system for those who don't know uh they do a lot of amazing work as i said tubby cats is one of my favorite nft projects i know it's a profile picture nft project and i've said that i'm bearish on those before but i think at least tubby cats like they're they're kind of like using the funds for public goods funding as well um and they're also going and the art's pretty cool as well it's unique and they're not from i mean i mean there are some people on twitter shilling it and stuff like that but the community is really cool like i really do like the community there and i'm not just saying that
because i have an honorary one or i have you know a couple other ones like i mean they're inconsequential to me in terms of kind of like monetary value but uh i just i really do like the art and at the end of the day there and i think ratwell has yeah or 36 000 followers now on twitter so definitely not a no one so uh you should definitely check out this if you want to get some of these exclusive nfts uh this kind of goes through what to do and which teams are going to be included in the in the rounds so there's 56 projects included in the round which is pretty big and you know what's even bigger i didn't even realize there were 56 projects on arbitrary that's crazy like oh man i'm gonna go on a layer two rant here if i if i start if i don't stop
myself i'm not gonna i'm not gonna say anything more than it's amazing that there's 56 projects on which there's probably more than that these are just the ones that are included in this initiative but you should definitely check out this blog post for more information about this and how to get involved with that i think this is a really cool way to grow adoption and grow kind of usage of arbitram um but yeah if you want to get your hands on one of those nfts definitely go check this out for yourself all right conext has unveiled their latest upgrade that's coming to the network called amarok which so this is going to be the first network upgrade that is going to come to the connex bridge ecosystem here so what is it as as kinex describes it here amarok is the first major network upgrade for connext
for the past few months we've been quietly collecting data about the biggest headaches that stakeholders face when using connext the amarok upgrade re-architects our protocol to fix these headaches so tldr is that similar to the modular blockchain thesis we can get the best set of trade-offs for bridges while preserving trust minimization by modularizing our architecture so you can see here what the uh the modularization of the architecture will entail on this image so you'll have different layers like the application layer and they'll have different protocols and stakeholders uh attached to them so you can check this out i'll link i'll link the thread and then also the amarok upgrade migrates connects to using nomad to pass messages between chains this lets us get rid of the first two phase prepare for fuel flow signing to claim funds and fund
lock-up issues and makes the flow much cheaper and faster so basically simplifying that whole flow there for using connects which of course is very very good for the end user uh and also they're kind of doing some stuff around liquidity here and uh most importantly this upgrade will enable simple chain first integration interconnects with arbitrary message passing and cross-chain callbacks so this basically means asynchronous solidity which is what they're calling a new paradigm and what you can build is pretty much anything and here are some examples of this and this is what excited me the most so basically you can build a dex that connects liquidity across change in a single seamless transaction cross cross-chain vault zaps and volt strategy management critical protocol operations such as replicating sinking global constants across chains bringing uni v3 t-waps to every chain
without introducing oracles chain agnostic va token governance and metaverse to metaverse interoperability what i want to just deep dive into is the first uh kind of um point here which is connecting dex liquidity across chains in a single seamless transaction do you guys understand the implications of this if i'm writing this right and if i get i'm getting this right which i think i am potentially using connects you will be able to do a cross-chain uh uh across kind of like l2 exchange between arbitrary optimism for example where essentially you you say on arbitram i want to trade eighth for usdc on optimism and you can do that all while being on arbitrary while not needing to bridge your funds directly across to optimism it just all happens in a seamless transaction and
brings it back for you that is stupidly powerful and i've talked about this before but the fact that k'nex is kind of making moves here with it really really bush i'm super excited for that uh in terms of where this upgrade is and it's lifecycle it's on a private test net right now with key partners and community members testing it out and in the next few weeks there's gonna be a public test net that anyone can build on example cross-chain apps guides documents protocol specifications and more and of course audits so if you want to get involved you can join the discord channel it's linked there but i'll link this thread in the youtube description as well for you to check out i'm if you can't hear to my voice i'm super excited about this upgrade i think it's going to enable a lot of really cool things uh
especially on the in the cross cross l2 world so yeah highly recommend checking this out and reading the blog post for more information here all right just wanted to hide this blog post out of the immutable x ecosystem called a guide to nft platform security which basically goes through the different platforms that are kind of working on nfts but also working on other things and how they achieve security what their bridges look like what their consensus looks like you know what they are on the l2 spectrum on the sidechain spectrum all that sort of stuff and this is incredibly detailed guys i mean you can see me scrolling through this right now it is a 14 minute read and this will give you an absolutely amazing view on not just like the nft kind of security but like just security in general on these l2 side
chains bridges all that sort of stuff so just wanted to highlight it and say i highly recommend giving it a read because of the fact that it just provided me a lot of value when i read through it and i think you're gonna get a lot of value out of it as well um so just before i jump into something i wanted to talk about at the end and rant a little bit about just a quick shout out here my talk that i i had with mehdi at um at the sydney blockchain week events is now live on youtube so i'll link this in the description for you to check out so people who are asking for that definitely give it a listen i i felt it was a really great talk and i i personally learned a lot with with with medi as well and we
talked about a lot of uh eth2 consensus layer related stuff so definitely check this out it'll be linked in youtube description below alright so the final thing i wanted to rant about here today is something that coinbase announced where they basically announced uh their assets under consideration that they they're looking to list in q2 2022 now the reason i wanted to highlight this because i quote tweeted this and said to be honest given how dog most of these assets are a lot of preferred zero transparency around them because the assets that they are looking to list most of them are so bloody bad that i actually can't believe they're doing this how far coinbase has fallen since their original digital asset framework that i don't know how many of you remember this framework came out a long time ago four plus years ago um
that actually had a framework in place that kind of like it was a really great framework for listing things but now it seems like they're just listing anything it doesn't even matter what it is look at some of this big data protocol you'll recall that this is one of those uh yield farming scam ponzi things that attracted billions of dollars in tvl justin sun was farming it and stuff like that and then it basically went to zero some of this other here uh well i mean just just dope wars paper what the hell is that right i haven't heard of most of these sorts of things honey i don't even know what that is um you know there's some good ones in there like index cop and stuff like that but but look at this sort of stuff i don't i don't get it like uh there was one here
called studentcoin pokemon which was an actual scam like it was it's not even a question of if it was it wasn't it was a scam and they're listing this and the worst part about it is that most of these assets don't have any trading volume so why are they listing them like it's not even like they're going to make money from it you can i'm ranting here like full-on ranting guys because i just thought that coinbase could be that beacon for this industry that legitimate beacon it wasn't going to be like a like a binance or you know one of these offshore exchanges that just listed absolute crap and and it doesn't even make sense for them to list these things because of the fact that there's hardly any trading volume on them so what are they expecting to make out of this like i don't get it is this some kind of like
weird marketing ploy where it gets everyone to talk about coinbase because they're just considering listing the the most absolute dog tokens you can think of like i don't know i i mean i remember ranting about them listing shiba inu and honestly that looks amazing compared to some of these assets right when i kind of compare it to stuff like just like stu studentcoin what the hell are you studying like i don't even know what it is i really don't um and as i said like the pokemon scams i don't know i'm ranting too much you guys be probably getting sick of my ranting already but i just wanted to kind of like highlight that i think this is absolutely stupid i am so disappointed in coinbase i'm usually a pretty big big fan of coinbase but i'm just so disappointed in this sort of stuff i think that there are so
many other assets that they don't have that they could list their legitimate assets and they're actually a million times better than all of this sort of stuff um but yeah i feel like maybe they've thrown maybe maybe the other reason maybe they did this is they threw a bunch of coins in here to throw people off and to say the legitimate coins and to stop people from kind of like trading them i don't know i really don't know it's bizarre it's confusing it's just so many coins and not to mention the salinas coins of the listing too like i don't get it but anyway they're all free to list what they want um but at the end of the day i'm just you know disappointed as a as a kind of like not user because i can't actually use coinbase because i can't sell on there
but as someone who's you know has obviously been a big fan of coinbase all that they've done for this ecosystem i just hate that they're going to be funneling noobs into these just absolute coins and sometimes just even outright scams just doesn't really make much sense to me but anyway that's uh it on the rant side and i think that's it for today's episode so thank you everyone for listening and watching be sure to subscribe to the channel if you haven't yet give the video a thumbs up subscribe to the newsletter join the discord channel and i'll catch you all tomorrow thanks everyone