The Merge updates, Huff language released and more - The Daily Gwei Refuel #416 - Ethereum Updates
28 Jul 2022 · 29:55
Ethereum educator and EthHub co-founder Anthony Sassano covers the Gorli and Prater Merge announcement and the release of the Huff smart contract language on The Daily Gwei Refuel. The recap also covers a new Geth client release ahead of Ethereum's transition to proof-of-stake.
Speakers
Topics
Transcript
hello everyone and welcome to another episode of the delegate refuel where i cap the latest news in the ethereum ecosystem i'm your host anthony sosano and today's the 28th of july 2022 all right everyone let's get into it so we have the official girly slash prada merge announcement today so prada which is the uh i guess capricorn steak chain that girl is going to be merging with will run through the balatrix upgrade on august 4th and merge with girly between august 6th and august 12th it's a wide window there um but basically obviously it's based on tdd if you run a nodal validator this is your last chance to go through the process before mainnet so as you guys know gurley will be the last public test net to go through the merge transition before we do it on mainnet you can read this kind of announcement post for full
details here along with client releases for both the consensus and execution layers with an faq as well to remind you of basically what you will need to do for the contest and what you'll also be needing to do on mainnet as well as i mentioned before that there is that merge readiness checklist make sure that you're familiar with that make sure that if you're a solo staker you are upgrading your kind of like nodes and your validators and your and you're kind of like doing the other things on that list such as optionally running mev boost if you want to take advantage of that but also doing things uh doing the other things on that list as well and there's a reminder in this kind of blog post that you can check out too but you can go check that out uh and yeah as i mentioned the clients are out
there too so the the geth kind of like um releases here as well so this configures the merge ttd on the girlytestnet and fixes a few regressions so very cool to see the i guess quote unquote official announcement we already knew it was coming at this date uh but yeah it's kind of like being uh been confirmed here as i said last public test net to run through the transition i mean i feel like at this point we're just running through the motions guys like it's i think girly is just the formality at this point i think we're pretty much ready to merge mainnet we just got to go through girly and then uh obviously get to september and do the main net merge hopefully in the week of september 19th i don't see any reason for it to be pushed back at this point in time like
honestly i mean i i've got a kind of like an update here about the shadow fork 10 which is mainnet shadow fork 10. everything seemed to go very very well you can see here this update comes from parathos where he said they didn't notice any client incompatibilities with the transition which was awesome i mean we we sometimes see this right with these kind of like shadow forks or a lot of the time see this but we didn't see it on mainnet shadow fork 10 uh some base studios were running the older version and needed an update resync that'd explain almost all of the missing participation rate the node should be done re-syncing soon the participation rate should go back up we noticed lodestar eragon pair having trouble fetching a block but this is most likely attributed to the shadow fork peering set up right rather than a real issue so
again a bunch of non-merge related issues uh i guess like only a couple there which is amazing i mean the fact that there's no client incompatibilities with the transition at all between all of the kind of uh production ready clients on the execution and consensus layer side is awesome i think i don't know the date for may net shadow 11 yet but i'm i'm sure that's going to be coming soon but i mean at this point it's just kind of like we know what to do we've done it so many times it works well we know what can go wrong how to recover from things that go wrong like a drop in participation rate due to configuration issues we know how quickly that we can recover from them on test nets but we're going to be quicker on mainnet because there's a real value at stake uh no pun
intended or pun intended and then yeah i think that it's all pretty much kind of like tested out at this point as i said formalities from now i don't think the testing that we're doing now is really anything then kind of like i guess like triple checking quadruple checking quintuple checking our work essentially and gurley will be that final public test net and then we'll move on to the main net so very very cool to to see that all right so i saw a bit of discussion today on twitter around something related to the merge and i basically put a tweet out where i said you know i'm seeing influencers and miners shilling a possible ethereum a proof of work fork today now people are free to fork ethereum at the time of the merge and continue it as a proof of work chain but
basically everything on that chain will break especially d5 but hey i won't say no to dumping proof of work eth for more eath now the reason why people were talking about this is because i can't i i can't remember his name i think his name is chandler gu or uh he's basically a big miner was responsible for or a big part of the ethereum classic fork announced today on twitter that they're planning to do a kind of like pal only fork uh of ethereum you know once the merge happens i've talked about this on the refill before i've talked about it for a long time actually and i mentioned that i believe there was a high chance this would happen because there's money to be made right look you might think to yourself well who's going to be buying the forked kind of like east tokens here who's going to
be buying the proof of work fork tokens look guys i don't know how long you've been around for but these markets can be really dumb and not just done if there is enough people kind of buying into this narrative buying into the trade then you're going to have the speculators you're going to have the everyday traders jumping into this as well which just adds more liquidity adds more kind of like buy pressure and uh yeah this thing could obtain some kind of value right but the thing is is that this isn't like a bitcoin and bitcoin cash fork from 2017. that was uh definitely an ideology thing this is more of a kind of like let's see if we can get free money thing uh and also bitcoin is very very different to ethereum in in kind of like forking when
when bitcoin cash forked off you know you instead of btc on bitcoin cash you have bt bch and that was really it there was nothing else that needed to be kind of like worried about but when you fork ethereum you have to worry about basically everything else on the chain now let me use a clear example here for d5 the clearest example i can use to illustrate my point is stable coins right within kind of like d5 even just stable coins in general if you have the ethereum proof of stake chain which is the canonical chain it's the one that we're all using it's one that everyone agrees is the real ethereum and then you have this proof of work chain that has uh basically everything ethereum had before it emerged to prove mistake while the stable coins on that proof of work chain logically are going to go to zero like
especially the centralized ones because circle and coinbase the issuer of usdc are not going to honor the usdc tokens on the proof of work ethereum chain they're going to honour them on the proof of stake ethereum chain so say there's like 50 billion of usdc in circulation there's only 50 billion dollars in cash backing that up there's not 100 billion so they can't basically cover their i guess like iou so to speak on the proof of work ethereum chain which means that usdc on that change should logically trade at zero because it's it's it's worthless right same goes for tether same goes for any centralized stable coin the decentralized stable coins get a bit murky i mean if you talk about something like dye the eighth backing the die would be would be the proof of work etherite would be worth a
lot less than really it would be worth whatever the speculators are kind of like making it worth at the time same goes for all the tokens out there so it's not like when the fork happens you're going to be able to get i guess like all these free money you're going to like double your money no that's not how it works at all you might get like a a a a fraction of what you get for your real tokens right for example maybe you get 10 of the value i mean i don't even think you'll get that to be honest like maybe uh depending on how much hype there is around this depending on how much speculation is around it this it's just it's impossible to tell but the paperwork ethereum chain everything's gonna break on there there's gonna be no oracles uh supporting it either because the oracles
are kind of like set up to support the ethereum proof of stake chain post merge right because that is the canonical chain um there's going to be a lot of people kind of like selling into these liquidity pools and trying to get out there's going to be a ton of mev happening as well on the chain like honestly it's going to be like you you know that the whole thing is going to blow up but there's going to be so many people probably trying to get out right and get the money out and try and make money and try and dump all their tokens as fast as possible that the mev stuff is going to be incredibly lucrative and it's going to you know drum up a lot of attention and there's going to be a lot of speculation around this so i do want
to give fair warning here is that there as i've said before there is a high chance of this happening but it doesn't mean that this chain is worth anything or is legit it just means that the speculator is trying to make money or what they perceive to be free money it's kind of like how ethereum classic has gone up in value over the last few weeks because there's some a narrative around it that all the miners are going to move to ethereum classic and then people are going to use ethereum classic or what like some some bizarre things that i'm seeing it's like okay well no that's just people pushing this narrative because they want to uh trade it leading up to kind of like the merge and they want to make money and you know so far it's worked i guess for people who are trading this but traders and
investors as i've discussed before very very different timelines very very different sets of people and also i want to say when if this fork was to happen it's it's similar to kind of like the theorem classic fork it's not like you're going to get air drop to the proof-of-work eth tokens on your main ethereum wallet on proof of stake ethereum that's not how it works at all the proof of work chain is a completely separate chain it has nothing to do with the ethereum chain that's going to be pretty mistake right the canonical chain so you would have to as you do with basically layer twos and other other evm networks you would have to change your network in metamask and you would want to make sure that you're on the right network as well you want to make sure that you can actually push transactions through that's another
thing as well like if infurer or alchemy or any of these service providers don't have a way for you to push transactions through because they don't have the node set up for it then you're going to probably have to run your own local node to do that and as i said the mev people are going to take full advantage of this because they know exactly what they're doing it's going to be quite wild to watch play out but essentially if you want to access access those forked coins you would have to change the network and then your balances would change to what you have on i guess like the ethereum power fork and obviously the dollar value of those coins would be worth a lot less than that would be for the real coins on on ethereum so yeah it's it's going to be messy if it
does happen as i said i think there's a high chance that it happens just because there's money to be made here for the people that want to make it happen but it's going to be completely worthless and and kind of like a relevant chain uh it's not going to basically have any activity on it i doubt any developers or applications are really going to embrace it especially the major ones and it's going to hurt a lot of people because people are not going to understand what they're doing the mav people are going to understand what they're doing they're going to extract so much value the people that are that kind of like know that that basically everything on that chain is going to zero are going to get out first right even if it pumps up a little bit like this is a something i think a lot of
people miss is that say the kind of like fork happens and then the eighth on the proof of work chain is worth ten dollars i'm just throwing out a random kind of figure there and then you sell it all ten bucks and then it goes to twenty bucks because of some speculation like that doesn't mean anything like etc did the same thing after the fork and that was actually a completely different fork mind you it was based on an ideological thing kind of like the bitcoin bitcoin cash fork um but just because it's gone up in value doesn't mean it's gonna stay there like once the speculation and hype phase is over it's gonna just trend to zero like look at bitcoin cash against bitcoin like not against usd but again i mean even against usda it's pretty wrecked but against bitcoin it's just like obliterated same with all the other
forks like bitcoin sv bitcoin gold bitcoin diamond they were all just i mean i think bitcoin gold and diamond are basically scams uh but basically they're all just kind of like sold off to get the real tokens because no one cares about these things they want to stack btc they would want to stack eth right so if this if this happens i'm 100 like i'm going to be completely transparent here i'm selling everything that i get the the day that i get it and for more eighth like as i said i'm not going to say no to free eats just because some people wanted to make more money here and at the end of the day if people are buying this and speculating on it that's not my fault like i as i've said before i'm giving warnings i'm telling people that the chain is gonna
blow up like this is not going to be a good thing for anyone um but the thing is if i can stack more eat with it then so bad i mean i'm sure a lot of you guys will take advantage of this as well but as i said i do want to warn that it is not just a clear-cut thing like you're going to have to kind of like consider the fact that you you basically have to have some way to relay your transactions uh whether that be through a third party or or your own node um and you'll have to also have to consider the mav consequences the fact that everything's going to blow up you know all that sort of stuff in saying that as well i do want to note that it's not going to affect anything on the main ethereum chain uh on the on you know the
canonical chain uh that's all going to be well and good all the value of your tokens will be what they are i mean they'll be obviously based on the market price but that's the real kind of like tokens right and d5 will continue to work fine so i that's kind of like a note there because i know some people might be thinking oh my god you know what's gonna happen to my stuff if there is a fork and it's contentious and all these sorts of stuff well i mean nothing really and also on top of that because they're two different consensus mechanisms right one spirit of work one's pretty mistake there's no hash wars i remember when in the bitcoin bitcoin cash war uh there was a hash war where miners would just keep changing between the two chains that can't happen with with this because
obviously they're two completely different things right so that's another thing to bear in mind so nothing to stress about maybe you'll make some free money maybe you won't if this happens uh but do keep in mind that it's not just a clear-cut thing there are consequences for these sorts of things and uh and kind of like depending on what you do on the on the fork chain right um if you're going to speculate if you're actually going to buy like selling is fine but if you're actually going to buy these things just be kind of like uh just completely understand the fact that it's pure speculation you're not actually buying anything based on fundamentals you're buying it all based on speculation and you're allowed to do that don't get me wrong like feel free to do that but i think i just want to kind of put that warning out there that
uh it it it may not end well right there's no guarantee you're gonna make money from that but yeah anyway leave it at that for today uh let's go on to the next update so uh here i i saw this interesting tweet from kyon who's the co-founder of monad here um where he said a lot a lot of evm fudd on the timeline lately and there has been right like everyone loves to hate on the evm loves to hate on solidity all that sorts of stuff uh but then kyon kind of continues and saying and says evm is a powerful bytecode standard that has stood the test of time will continue to evolve with new op codes and feats has mult multiple great high leverage languages such as solidity and viper and will get much more performance and they're working on that at mona so if you don't know what monad
is it's basically a kind of a team that's accelerating the evm ecosystem for world adoption that's what they're saying here i'm going to follow that account now uh but yeah guys like i i've talked about the evm dominance before i mean i think i talked about it recently so i'm not gonna get too kind of like um into the weeds here but like i think we really need to encourage people to or not encourage but like make people aware the fact that the evm's going nowhere solidity is going nowhere it's going to keep growing it's going to keep dominating even the people and the ecosystems that say that the evm is and solidity they have their own evm chains i mean it's just hilarious whenever i see that because the evm has such a large network effect that actually makes sense for them to do that
so it's easy for apps to port over and all that sort of stuff so yeah whenever you see evm fight or anything like that just know that it's actually fun and yeah okay the evm isn't perfect but it can be improved over time and it has such a large network effect that it's worth improving it like it's very worth improving it and as i've said before we on layer two we're going to have the avm compatible and equivalent stuff but we're also going to have other ecosystems like stock net that aren't avm at all and there's going gonna be other layer twos that also aren't evm and that have their own virtual machine their own languages and that's fine but i guess you could have that and not find the avm at the same time right so yeah i just want to mention that i think
there's a couple more tweets here and some discussion in the thread i'll link it in the description below for you to check out all right so speaking of i guess like languages there is this new language that was released today called huff which is uh i guess claiming to be the most gas optimized smart contract language to ever touch the evm huff enables you to optimize your contracts by up to 80 compared to other languages like solidity and viper very cool for the developers out there like as i said guys evm is going to keep getting better and better now we have another new language for this based on kind of like gas optimizations you may think to yourself well why do we need gas optimizations if we're moving to layer twos it's the same thing right layer twos ibm compatible and equivalent layer twos
still use the concept of gas so anything we can do to reduce those costs there at the smart contract language level which is going to just reduce the overall cost of those layer 2 transactions and get them like really really really cheap so very very cool to see i think this is made by the someone at aztec protocol one of the co-founders of aztec protocol which is really cool to see um but yeah if you're a developer and you want to learn more about this and kind of like how you can get involved now you can start using it you can go to huff.sh uh but yeah i mean i guess like for nine developers out there it's probably not interesting to you but i thought it was worth mentioning in the context of the avm stuff that i just talked about all right so this came out yesterday and
i didn't see it until after i recorded yesterday's refuel but basically another update here from rocket pool on their redstone uh i guess like protocol upgrade that is coming so this uh update is called the merge and node operators and basically what it does is it goes through how things are changing for i guess rocketpool uh note operators here so you can read the full blog post for what's changing on rockapool's side there's actually a lot of changes and i think i've gone through this before there's naming changes changes with the engine api which is actually on the ethereum protocol side uh fee recipient so that's again on the ethereum protocol side but you're gonna need to set your fee recipients if you're a solo validator or if you're kind of like a rocketpool validator a node operator here mav boost as i mentioned before
it's an optional extra but definitely something you want to take advantage of and then there are other sections you know how do i prepare for the merge and kind of some things that are rocker pool related as well here so if you fall into that camp definitely kind of check out this blog post for the details i like this little graphic that they have here basically showing us kind of like where we uh where we're kind of like uh moving to with the merge and kind of like how it relates to rocket pool down the bottom here so yeah i mean this is uh kind of like similar i guess little graphic uh i guess like compared to what trent van epps has put out prior i think i've showed that on the refill before many times actually and there's kind of like a little timeline here as well
which is very very cool so yeah just more merge related stuff this time got to do with rockapoor which you guys know i love uh and also speaking of rocketpool there's another update here that a thousand eighth was deposited today in in rockapool which is very cool to see i didn't even know this website existed but there's a website called rocketscan.io which i guess is the rocketpool kind of explorer here this is really cool i didn't i as i said i didn't know this existed i don't know how i hadn't seen this before but it has all kinds of metrics and stats and kind of like different kind of things you can keep uh keep track of here which i think is very very cool and on this page it basically shows the deposit pool and you can kind of see uh the kind of
like 1008 that was deposited here into the rocker pool protocol uh i think this is going to keep going guys like i mean rocketpool is making those big uh kind of upgrades that i've talked about before they're lowering the barrier to entry for people uh i think more and more people are learning about it through the bankless kind of like ads that they're doing obviously i talk about it on the refill a lot too uh but yeah i'm loving the fact that rocketpool's just getting more and more usage yeah and i was actually looking at um lido's dominance uh just before on hill dobby's uh hilda doing analytics dashboard i'll bring it up over here for you guys so you can see what i mean but lido's market share was what 33.5 almost 34 or something like that and as i said before it's market share
can't actually go down um uh from kind of like with people with drawing out of lido because the eighth is still staked on the beacon chain because there's not withdrawals uh available but their market share can go down if other validators or if other compact services come online to dilute their market share so let those market share is down to 31.4 percent now so it's dropped by about two to 2.5 percent which is which is cool to see obviously a slower drop because as i said people can't withdraw out of lido directly but like we want to get this down as much as possible rockapool's obviously working on it there's a bunch so many people doing staking these days i mean not just kind of like these lsds or liquid staking derivatives but also the exchanges and other services and things like that as well so that's cool
uh but yeah i i don't know i'm kind of i always get into this debate with people about kind of like what this number is going to look like this uh i guess like stake through lido number is going to look like uh once withdrawals are enabled and i i do firmly believe that people are going to reshuffle their stake i i know i've said it and i'm going to probably keep saying it until withdrawals are enabled but you know as i said there's only two ways for the market share to go down and we could probably have a double whammy where the market share gets withdrawn from lido but at the same time a lot of people are staking their eighth and they're not going through lighter they're going through another provider such as rocketpool which would be very cool obviously i don't want rockapool to just
replace lighter and then we just kind of got the you know hey it's the new boss same as the old boss sort of thing going on i do want a very distributed kind of like uh beacon chain um and a very decentralized beacon chain you can see here what the kind of like breakdown looks like right now lighter number one uh a kind of like coinbase kraken binance uh have a large share here not as big as uh as kind of like um uh as i thought actually which is which is cool to see you have an others kind of i guess uh a category here and a bunch of other categories as well so if we can just keep shrinking each of these down like enough because right now i mean you know you kind of like put lido binance kraken and coinbase together
it's a pretty hefty kind of like share of the network i mean that alone is over 50 right so if you kind of like put them together not great but lido isn't just lighter it's obviously uh distributed among kind of different staking providers i think they have like 28 different stacking providers now um so there's that aspect to it as well but getting each of these down to maybe like i don't know i want to say we don't want any one entity to have over 10 of of kind of like the stake right and i don't think that's actually too hard to achieve like it may seem like it's it's difficult to achieve right now we have two entities over 10 percent coinbase at 14.6 percent lighter at 31.3 but post withdrawals being enabled and more and more competition coming online more and more staking service providers
coming online i think we can get there i really do i know people have a different view on this thinking that uh especially people who are bullish on lighter they have this thesis that it's all just going to centralize within lido because of liquidity effects and all that sort of stuff and i actually understand that point of view don't get me wrong but i really don't think that it's going to end up like that i i think that people who think in that kind of like absolute term are kind of like a bit short-sighted i do think that the ethereum community cares enough about kind of like keeping the beacon chain stake decentralized and distributed and i also believe that uh the competition is going to get so fierce that there are going to be different incentives on you know for different kind of like providers and
once withdrawals are enabled people can kind of like stake restake do all these sorts of things i know there's a cue right it's not like you can just cop in and out all the time there is definitely a queue to to stake and unstake but i don't think that lido is going to stay at 31.3 dominance right i really don't think so i mean i think it could be below 30 easily by the time we get too big in chain withdrawals being enabled because you know other providers have just gotten more stake within them uh but we'll have to see how that shakes out but uh yeah as i said i don't think this is something of a kind of like long term concern but i'm really really happy that people are still shouting it out and still kind of like making noise about it because at
least keeps the awareness up keeps it on top of people's minds just like we did with client diversity i think the client diversity drive proves that we can we have the muscle to do this and we have the kind of like ability to do this obviously it's not apples to apples because of the fact that um client diversity and you know who you stake with is is probably two different things but it just shows that the social layer can enact you know grand change when it wants to and i was looking at this the other day and i posted this in the discord channel the other day about coinbase and kraken they were using i think over 90 prism at one point now they're at like 45 or something like that's that's half like and prism being the majority client what was the majority client the super majority
client i should say on the beacon chain and that changed within a few months so it really does show the power of the social layout which i think can definitely be applied to staking and i hope that the people that have been kind of like shouting from the rooftops about uh liquid staking derivative of centralization especially around lido continue to do so um even if i disagreed with some of the tactics like making leiter self-limit i i still disagreed with that tactic it's obviously not going to happen um but that's fine i think even making noise about it in that context was still good because it made people more aware of the issue and it probably got people to to rethink if they were going to stick with lido or they're going to stay with a minority provider or something like that so i as
i said i still think it's important i still think it's something worth talking about so kudos to those people that talked about that all right so the snapshot for the gho proposal which is the kind of like other stable coin here is now public you can go check this out on snapshot link will be in the description below i think this is going to pass don't foresee people voting against this it seems like a good idea i don't know if we need another stable coin but we'll see i mean maybe we do need another decentralized table coin to compete because we just uh kind of like don't have many of those these days um so yeah if you're kind of like an avid token holder you can definitely go vote in this but even if you're not you can kind of like just keep tabs on this keep kind
of like uh uh keep a kind of like uh pulse on what's happening in the other community with regards to this i'm definitely keeping a a close eye on it i think then the ticker should definitely be changed gho just it just doesn't look good as a ticker especially if it's something like a stable coin which is obviously going to be used more than a regular token i think that should change the ticker maybe they will before it goes live um but that's the only feedback i really have on it i'm just curious to see how this kind of like uh kind of another decentralized stablecoin experiment is going to play out so i'm definitely excited for that but yeah just wanted to mention that the snapshot is now live but i do think that uh this is going to go through with no kind of no drama here
all right so jacob horn here from zora put out this i guess like really important image that i really really liked where on it's kind of like a spectrum here on the left side of the spectrum you've got the top kind of label being protocol and then under that saying and then on the right side of the spectrum you have brand and then unforkable and i think this is a very simple way of showing that taking for example ethereum and the evm very easy to fork it right everyone's done it you know people have made money off it there are so many chains out there that i've done at this point it's it's it's easily done because it's all open source and it's kind of like a it's kind of like a an everyday thing that people do at this stage and then you have brand which is
unforkable just because you fork ethereum and the evm doesn't mean you fork the ethereum brand like all you have is the technology you don't have the brand you don't become ethereum just because you forked it right and this goes back to my earlier discussions in the episode about kind of like the proof of workforce right you don't get any of the legitimacy that ethereum has you don't get any of the social jim you actually probably get negative legitimacy because people view your chain and like uh and kind of like okay well you're just a fork of ethereum just a fork of geth it's kind of like worthless we have too many of these you know who cares about that right you don't get any of the i mean maybe you get some of the community maybe but like most of them don't come over uh maybe
you get some liquidity during like a bull market because people want to make money but really at the end of the day like the brand the ethereum brand does not come with you you're just forking the technology and even if you have like the evm which is obviously stands for the ethereum virtual machine it doesn't matter because your evm is not the evm like for example and it doesn't just go for ethereum it goes for everything else in in crypto especially unisop how many times has units have been the protocol i should say sorry um the brand definitely not i mean the funny thing is like we had this massive war between sushi shop and uni swap sushi swap is basically irrelevant these days unisop is dominating like absolutely dominating then you had pancake swap on bsc uh and then you had a bunch of
others on other kind of like changes just fork uni swap all of them are very very small compared to unispot because unisop has that incredible brand that incredible kind of like awareness around that brand and uh and kind of like all the goodwill uh kind of like all the social legitimacy and all the technical legitimacy as well right like if you fork the code there are changes you can make to it as well so even if you fork uh kind of like unisop and you don't change anything um there's no there's no kind of like uh i guess like a guarantee that you won't change it in the future maybe you added an admin key to it and everything else they're the same well now it's kind of like okay well you might change it you're not unisop at all you're something completely different now right um i guess like
you're not using the protocol obviously not the brand uh it goes for everything i mean i can give a million examples here but i think you get the point and i think this is something that especially kind of like newcomers to crypto completely miss is that they think that because everything is open source you can just kind of like fork something and take its value away you no i mean maybe temporarily there might be some kind of like war that goes on between a couple of protocols like the unit top sushi swap thing but long term you don't take any value away from the original the original stays dominant unless it's like unless the original is is kind of like crappy already or unless the original kind of like failed already and you think you can do something better there's not that many examples of
these obviously there's been a lot of forks but the original always seems to win out i think maybe an example of this might be steam what happened with steam where justin son took it over and then they kind of like forked off into hive i think hive got all of the steam users and has much more legitimacy um but in terms of like forks overall it's usually the original that retains its value and retains its social legitimacy because of that brand right not because of the technology um and you know the brand kind of like carries that technology so i just thought that was a great graphic and i just wanted to kind of like give my view on it there i finally here i just wanted to highlight uh this kind of tweet from david hoffman so this is a list of all of the ecc interviews that he did and
this is a pretty stellar list if i if i may say so myself so the first episode i think is out already which is uh the vitalik episode but then he has a bunch of different guests on it came from synthetics has uri and eli from starkware um a halo from polygon i think this is sunny from uh from osmo smith osmosis the cosmos ecosystem uh hastani from ave proven authority which i i believe is evan from disco uh anawaki and austin here i'll walk you from get coin and austin griffith are from a bunch of different kind of like things within the ethereum community he's he's definitely one of our top builders but yeah i mean i can't wait to listen to all of these i haven't listened to the vitalik one yet apparently it's really good so i'm definitely gonna listen to that soon but uh yeah just to kill a
line up here obviously all on bank list wanted to highlight it for you guys so you don't miss it um but on that note i think that's going to be it for today so thank 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 newsletter join the discord channel and i'll catch you all tomorrow thanks everyone