Reducing calldata cost, Immutable X growth and more - The Daily Gwei Refuel #259 - Ethereum Updates
24 Nov 2021 · 29:54
Anthony Sassano recaps Ethereum news on The Daily Gwei Refuel, led by a draft EIP (Ethereum Improvement Proposal) put together by Vitalik Buterin to cut the gas cost of calldata from 16 to 3. Citing Polynya, he says this could reduce rollup fees by up to five times, notes the drawback of faster full node growth, and supports it if it delays the Merge by no more than a couple of weeks. He also expands on Polynya's horse and automobile analogy for monolithic layer 1 chains, argues for the term Web3 over crypto, and covers Immutable X growth, a tool for moving NFTs between layer 2 and layer 1, Slingshot launching on Arbitrum, MetaMask support for the Lattice1 hardware wallet, and a DeFi pooling design on StarkNet.
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hello everyone and welcome to another episode of the delegate refuel where recap the latest news and ethereum ecosystem i'm your host anthony sosano and today is the 24th of november 2021 all right everyone let's get into it so i think the biggest piece of news of the last 24 hours probably fell under the radar a little bit i saw someone posted in the daily grade discord channel but i haven't seen much discussions about it but it was essentially this new eip that's been proposed not by polynya but it's basically a draft eip that was kind of like put together by vitalik buterin but pauline now wrote a great article explaining exactly what this is so this draft eip as i say because it's a draft it hasn't been submitted yet as an eip but what this aims to do is reduce the call that data gas cost on
layer one now okay what does that mean in plain english as polynes says this will lead if implemented this would lead to an up to five times reduction in transaction fees on rollups because as i've described before to you guys the main transaction cost for rollups the most expensive thing is cool data right especially for optimistic roll-ups that's why there is an unavoidable l1 gas cost that optimistic roll-ups have to pay and that's why kind of like their fees are higher than what they can be in addition to the fact that they're not doing coordinated compression so essentially what this got this kind of like think metallic uh this erp draft vitalik's put forward would do is reduce the cost of um of cold data gas from 16 to three so about a 5.5 times cost reduction there so this would be absolutely massive uh
you know it would give like five times more scalability to roll-ups today at layer one without them having to change anything and then you know couple that with them doing uh them doing kind of like cool data compression amortizing the gas costs at layer two as well as they ramp up we could easily see optimistic rollups do sub one dollar sub even sub 50 cent um swap transactions which is amazing right that's all absolutely awesome and that would scale like really really well because it causes the roll up so if you want to obviously dive deeper into it you can read both polynomials blog post and also vitalik's kind of like erp draft here but polynomial does a really great job of kind of like breaking it all down what it actually means you know what the impact is kind of like put some numbers to it so
it's a really great post uh you know as usual for paulina um but this is what kind of like i spoken about in the past about how layer one ethereum is still kind of like scaling but it's just scaling to uh help layer two like layer one ethereum is not going to be the user layer as we all know right it is the settlement layer but that doesn't mean that we can't scale layer one this is one of those ways right by reducing the gas cost which would require a network upgrade slash hard fork by the way this isn't something that can just be done um uh by you know incline uh judge sorry just uh be done by changing something in the client it has to be done as part of like a scheduled network upgrade and on that note there was a i think there was
you know from what i can see and what i and and kind of like what i've been thinking about it's like okay well when is this going to be done because if it needs to go into a network upgrade we all know the next network upgrade for ethereum is arrow glacier which is just pushing back the difficulty bomb and that's happening in like two weeks uh and then there's the merge which comes after that which is obviously the big one that's not coming till probably june you know q2-ish i guess like that's my own estimate of course so does this happen before then if so will that delay the merge right because these sorts of changes have to go through um you know a lot of uh kind of like research development a lot of kind of like auditing things like that to make sure everything's okay with it um and
then i kind of thought to myself okay well is it worth it like is it worth delaying the merge by one to two weeks or something like that because it wouldn't be a big delay i don't believe um it's not a huge change it's just like reducing kind of like an op code gas cost here it's been done before it's not like it's an alien thing but it would definitely delay the merge and you know how how long are we willing to put up with the delay of the merge to get five times more scalability out of roll-ups within say the next two to three months personally i think that uh this is probably worth it right doing this kind of like change making sure that we can kind of like give that short term uh scalability boost to roll us before data sharing goes in place which probably won't be
till 2023 i mean i i definitely won't be till 2023 because data shards are what give rollups much more kind of like data capacity but if we can give them like a boost like a kind of like nice boost at layer one by just doing this change then i'm all for it but in saying that if this was to delay the merge by like two months then i don't think the core developers would even be in favor of this because the merge is obviously what we all want i mean not just us as kind of like community members but the core devs as well they want it just as badly and they wanted to go through asap but at the same time they also realize that there is a kind of like a migration going on to layer two and to roll ups and whatever we can do to kind
of like make that migration easier whatever we can do to reduce those gas costs with these kind of like quick wins we should do and on that note uh i i should kind of like give the drawback here the drawback of doing this basically means that um the the size of a full node increases i think it would add another kind of like three terabytes or something a year on two onto a full node i mean i i think uh paulie now breaks it down here but uh then uh oh and vitalik breaks it down as well here but then vitalik also suggests that this could be coupled with eip you know quadruple four which is an eip basically for um bounding historical data in in the eighth one execution clients which is a whole another kind of like kettle of fish which you can read about as well
but essentially um i'm all for this eip as long as it doesn't delay the merge by more than a couple of weeks which i as i said i don't see a reason why it should um i'd be all for getting this in maybe february ish february march march-ish maybe and just because this is being devs and kind of like put into the protocol doesn't mean the merge work stops you know not at all i mean i i feel like this has already been kind of like pretty uh pretty well specked out uh it just needs to be developed and put into clients and everything like that so from that perspective i'd be all for it uh and you know as i said this would be a really really great kind of just instant 5x scalability boost for uh for roll-ups because it would give them more
core data space um and by doing so it would bring costs down considerably in the short to medium term for optimistic ops especially but also obviously zk rollers benefit from this as well so very exciting uh little thing that i put forward here definitely go read both of these things you know pauline's blog post and vitalik's original kind of erp draft um this is going to be something that i think is going to be more public in the coming weeks because it's been talked about already like lightly on twitter and things like that but i think once people realize that we can get like a nice scalability boost for the existing roll-ups by doing this people would should be in favor of this so we'll have to see how that shakes out but definitely go check out both of those posts there so i mean speaking of pollyanna they had
another great tweet i think it was yesterday and i forgot to cover it on the refuel i actually just saw it today but they said crypto twitter is like an equestrian club from 1885 a bunch of spoiled and irratible brats squabbling over whose horse is the fastest meanwhile a gentleman called karl benz was building this contraption called an automobile i think this is an amazing analogy to where we are today so for those of you you know who may may not get what pauline are saying here basically what they're saying is that right now with all these l1 wars going on it's like a bunch of kind of like you know spoiled inerasable brats squabbling over whose horse is the fastest because our ones as they exist today are basically horses right and by going to roll ups we're going to basically uh jets so it's
like comparing a jet to a horse um or like in this case like an automobile to a horse is that is the kind of like um thing is the kind of analogy that polly now use but i actually think the step up from like the monolithic l1 to the roll-up modular design is more of kind of like going from a horse to a jet to be honest but i'm sticking with kind of like paulina's analogy here um and then you know you meanwhile you have a gentleman called carl benz the that obviously being the ethereum ecosystem building this contraption called an automobile ethereum is building these contraptions called roll-ups right and doing the modular design making sure that we do kind of things like sharding as well and all that sort of stuff here and and that is exactly what's going on right because the funny thing is is that i i i
didn't i'm not surprised by the fact that these other layer ones are doubling down on their monolithic design like you know the two main ones celina and avalanche are both doubling down on their monolithic designs and saying that you know that's what that's the path they're gonna go down especially solana who you know they're both fighting roll-ups they're both making fun of roll-ups but this is to use polynomial's analogy exactly what's you know as uh kind of like spoiled and harassable brats do because these people and they founded these layer one chains they're already rich they made a lot of money from just kind of like especially with avalanche from just kind of forking the evm right and and and kind of like um advertising low fees even though the fees are high now celina went a different path i give them that right they didn't just kind of like fork the
evm they tried to build something from scratch but at the same time they're just doubling down on the monolithic l1 design which i i mean obviously a lot of us are placing bets that that's not going to be a long-term sustainable solution and to be honest i'm you know i actually am curious to see how they kind of play a play out how that plays out for them i think it's going to fail i think ethereum is obviously going to win there um but yeah i mean essentially what ethereum is building is the automobile to the horse which is just a really funny way of putting it because you might think to yourself well how can these other ecosystems be so blind to something that's so obvious to a lot of us being the modular rollup design and it's simply because it's just very easy to be blind
when you have an ego right or when you have or when you've been spoiled or where you think you're untouchable or where you think you know you you think you're better than everyone else and i was saying in the deadly great discord channel today it's funny how like every other layer one all their founders have absolutely massive egos and then you have vitalik who was like one of the most humble people in the world like i have never seen italic be egotistical about anything but then you look at all the other l1s you know you have like charles hoskinson as the perfect example here incredibly huge ego right i mean it's there's no kind of like secret there you have emin from avalanche same thing anatoly from solana same thing like these guys have something to prove right they they really do want kind of like
all the attention to be on them and i think there's a bit of jealousy in there as well like imagine you're kind of like in your 30s 40s 50s and you're kind of looking at vitalik who is this kid basically when he came up with ethereum and now he's still you know he's younger than me i mean he's 28 or something 27 i'm 29 um and he's basically done more in his 20s than most people ever do in their entire lives especially you know and especially these other people as well there's definitely an element of jealousy there too so i think that's exactly why a lot of this stuff happens and i think that by letting their egos blind them that's going to be the downfall and there's been lots of l1s that have kind of like kind of fallen to the wayside before as
well due to a number of different reasons but igor played a part as well so yeah but anyway i agree i thought this was a great analogy from polly now so i just wanted to kind of expand on it a little bit here so i put out a tweet today and i wrote and it was just like a super basic tweet and i wrote about it in the delegate newsletter and i said web 3 not crypto now the reason i said this is because there's been a bit of a push lately to rebrand crypto as like web 3. and this is not a bad push this is a good push because the term crypto has a lot of baggage right when you say to a non-crypto native person they you know they either go two way that way they say oh yeah i heard of that like
bitcoin thing i heard of that ethereum thing i heard a crash the other day and they'll really just talk about prices because they're not really paying attention to anything else or they'll have like the visceral reaction where they're like oh i heard about that's full of scams it's dodgy it's terrorist financing all this other stuff right but then if you use the term web 3 they probably haven't heard of that term before but they've definitely heard of like web 2 web one or just like the term web before right so from that perspective it's just like a much friendlier less baggage term to refer to our industry as and i know traditionally the term web 3 has been used to refer to things like decentralized social media nfts rather than encompassing all of crypto like d5 l2s and stuff like that but i think that the term works
regardless and i think that it's i think joe weisenthal from uh i think he's at bloomberg put out a great tweet where he basically said that web3 referring to it as web 3 allows people to capitulate that have been kind of like bearish on crypto in the past it allows them to kind of like get involved so from that perspective i just think that we should be using the term web 3 a lot more than crypto but at the end of the day and i i made this conclusion in the newsletter today it you know when you kind of like look at how the internet evolved and the terminology around that it's quite funny i think crypto's gonna follow the same path let's just take the internet for an example for a second the internet used to be known as kind of like arpanet right when it first came out that was
kind of like the first network network of computers and it was very inside baseball there was kind of like no one really talking about it except a few people that are working on it right then it was kind of like there was a bunch of other names for it they started calling it by the protocol names like tcpip and things like that um and then it was called the information superhighway then obviously it was called the internet and then you had different kind of like sub-categories the internet like in the internet like dial-up and broadband um and then it evolved into being called wi-fi when smartphones kind of like became became more popular and you know wi-fi or 4g or something like that right now these days if you talk to the younger generations they either from from my experience they either talk
about it and say kind of like wi-fi or they don't even really think about what it's called because the internet as we know it has become so ubiquitous in these people's lives especially young people who have grown up with that i'm talking like um generation z and below they've grown up with the internet they don't know any other world there's no pre-internet world for them there is like the internet there is every all the online stuff that they do and that's just ubiquitous it's everywhere everything they do in their lives whether it's at school whether it's at home you know playing video games whatever it's all online all the time they're never disconnected i mean the only time that where any of us are really disconnected is either if we go off the grid um somewhere in the bush or something like that which you know
unless you're on a holiday you don't do very often um at all you're on an airplane and even on an airplane there are wi-fi services a lot of the time too so you really are like hyper-connected all the time so from that perspective the internet just became so ubiquitous that no one really talks about it in those kind of terms anymore i think the same thing is going to play out with crypto where we'll go through a few of these terms you know be crypto web 3 metaverse a few you know for all these different things but eventually it'll become just so ubiquitous in people's lives that we won't need to describe it anymore people will just know it'll just be you know and we may just refer to it as kind of like the brand names like a lot of the internet is referred to as
like you know facebook twitter instagram all that sort of stuff you just refer to it as the apps that are sitting on top and monday there might just be like not a lot of people who actually ever know what ethereum is right like most people might not even know but i think the the key difference here between crypto and maybe the internet is the monetary incentive like obviously there are tokens you can buy and it's kind of it kind of maps to the way that the different companies have have kind of like have shares right like if you buy apple shares and you know you know what apple is right you don't buy tcpip shares you don't buy shares in the internet protocols whereas with crypto you buy shares in the protocols so to speak so i think that that's going to make make it so that
people still kind of like talk about these protocols in different ways uh and it still be kind of like front of mind for a lot of people but i do think eventually maybe it'll take another 10 years 15 years but we'll get to the point where there won't be debates over what to call this stuff anymore it'll just be so ubiquitous across like every aspect of our lives that we'll just kind of like it'll just be second nature to all of us so so yeah definitely something to think about for sure so kane from synthetics put out a tweet today where he said doubling down on my tweet from yesterday if you're considering building on optimistic ethereum and native dpr and optimistic ethereum native d5 protocol i will personally mentor you like i did with mjs and lara finance comment with your project handle and i'll deem you to
discuss i can take on two projects maybe three this is an awesome initiative uh i think that um uh you know uh kane tweeted yesterday about the fact that he's just gonna try and get as many many projects as possible onto optimistic ethereum i think we need more people like this doing this mentoring um you know these kind of like d5 founders that have been around for a while bootstrapping these things you know for example lyra finance is a layer two only protocol it had never been deployed to layer one before and they're seeing a lot of great uh great attraction on optimistic ethereum they're an options protocol for those who don't know uh so yeah i mean if you're interested if you're a project maybe if you're you're thinking of a project definitely go visit this tweet and tag it and maybe kane can help you
with that so speaking of layer two immutable put out a great tweet today where they kind of like quoted um you know eth can't scale but then they said projects applying to build on immutable x has 100 x since six months ago huge inflection since they made nft minting plus trading permissionless in september um come build the future of nfts on the open internet this is huge i mean look at this look at this chart right here like since i mean yeah as they as you said since six months ago when they went permissionless with minting and trading there's just been a ton of projects kind of spinning up on immutable x which is i think if i would have to kind of like uh make a guess here i think immutable x is the most active nft platform right now besides ethereum layer one and maybe
polygon has a bit of activity um i don't know how much activity that the other chains have i don't think they have that much but uh yeah middlebury x has been growing just amazingly and for everyone saying you know if eth can't scale i'm sorry but like scaling's already here i you know we we all know this i'm preaching to the choir but scaling's already here it's just not evenly distributed yet as i've said before but it will be and it'll come really really really quickly and speaking of immutable x uh the immutable apes x which i guess is an nft collection on immutable uh tweeted out something today that they have released a uh tool that allows you to bridge your imx or immutablex nfts from layer 2 to layer 1 and back again with ease this is critical i believe this is very very
critical because there are a lot of people who would like to have their nfts on layer one um after they've kind of like played around with the layer 2 and minted it on layer 2 but obviously like it's not worth it until the nfts are worth more than the gas cost so let's say for example you buy an nft on immutable x or you mint one and you mince it for like 10 bucks or something like that right uh and or you buy for like 10 or let's say you buy 50 or 100 it's still not worth moving it to layer one at that point because the gas cost is worth more than the nft but let's say it goes up in value let's say it's worth a thousand dollars or maybe it's worth five thousand dollars like nfts do this right then you're thinking hmm i actually want to keep
this on l1 i want to put this in my l1 wallet so you move back to l1 and so you move to l1 with your nft and you get the full security of ethereum no need to kind of like go on to immutable x which um i've discussed before is a validium not a zk roll up yet but with the volition they'll be you'll be able to kind of like chop and choose there but this is a great option for those people and also you can go from l1 to l2 as well which is another great option so if you want to bring a bunch of your nfts from l1 to l2 because you want to do a bunch of things with them um that's another great option there as well so really cool tool from immutable apes here it's at imxtools.io uh i guess like
check it out at your own risk i haven't audited it or anything like that um and dc investor here has asked for more details about uh the tool i don't think anyone has replied yet no not yet but we'll have to see how that plays out but yeah it seems like this tool is legit but just be cautious always when interacting with new new smart contracts so slingshot has launched on arbitrary for those who don't know slingshot is a decentralized exchange aggregator they've been live on polygon ethereum main nets and now arbitram so if you are looking to trade on a decentralized exchange definitely go through an aggregator first because they should be able to get you better prices than than what you would get on other kind of decentralized exchanges there are real time charts for every tokens positive slippage and you can you basically just
connect your wallet very easily at app.slingshot.finance change your network to arbitram of course and get started trading with slingshot very very cool to see this disclosure i'm a seed investor in slingshot just putting that out there maybe some of you don't know that um but uh yeah i mean i've been following them for quite a while this is a really really killer team they they build uh kill you know a killer product and it's really really great to see them make the move to arbitrarily so definitely go check them out so seb from zappa has uh teased a mobile interface for the zappa the zapper wallet all this upper kind of like interface today so you can see here that this looks like an ios app for zappa they've been teasing this for quite a
while now but i think this is one of the first screenshots i've seen of it i'm super super looking forward to this because i know zapperworks uh works well on kind of like the web on your phone and that's all fine and good but the thing is an app is just always better like in my experience anyway for a number of different reasons right you can have like push notification things like that and i know some of the web browsers on mobile let you do this but um and you know it's just like much smoother you've got like a lot more freedom to do a bunch of different things and also you can have it like sync up with your desktop kind of like um your desktop zapper as well so i'm very much looking forward to this coming out and i don't know when
it's going to be out and i think they're doing they're going to be doing a wallet as well i've talked about that before so it's going to be interesting to see how long it takes until this comes out uh but definitely going to be keeping an eye on this but just wanted to kind of like highlight this for those of you who didn't see it today so i mentioned this i think a few days ago but uh this is kind of like the official announcement from consensus that the lattice one now has uh metamask integrated with it so for those of you who have a lattice one you can basically use your metamask kind of like wallet uh sorry use metamask with the lattice one hardware wallet now which is obviously one of the most kind of like requested features for for the lattice um for
those of you who don't have a lattice you can't buy one unfortunately right now they are out of stock until i think early december so you have to wait a week or two maybe to get your hands on one but i'm actually so happy to see that more people are buying latticers as i said as i've said before it is the best hydro wallet on the market and there's really not even a close second place the only drawback is that it is a bulkier machine than a ledger device you can see in the picture here that's about the size of like my hand if i was to put my hand on it it's about the size i mean i have my my one up here but it's all it's what cable's plugged into it so i'm not going to grab it but um essentially uh it's not that big and you
know when i think about it as well it's supposed to it's supposed to be like a device that just sits on kind of like your your desk and you can interact with with it and whatever like that and you shouldn't really be kind of like taking your hardware while it's with you i know that ledger has like a nano x which is like a bluetooth kind of like harder wallets you can interact with your phone and like take it with you i don't know i i personally would never take my hardware wallet with me i i think that's kind of like asking for trouble so for me you know i switch between using my ledger and my lattice because it's kind of like hard to switch because you don't want you don't want to kind of like make a mistake and go from your lightest sorry from your ledger to your
lattice or from one more hubble wall to the other and like screw something up so i started with my lattice and i started a new wallet on there and it's been kind of like putting funds in there as i go interacting with different things and it's really great to have metamask integration finally because it makes interacting with with things much easier so definitely go check out the post here for more info on this but if you don't have a lattice yet as i said there should be more stock in early december um maybe a a nice christmas present for you to yourself uh to buy one and if you don't have a hybrid wallet at all yet guys i'm sorry buy a hardware wallet like please buy a hardware wallet and put your crypto on that a hardware wallet because keeping it anywhere else is uh is a is kind of like very
dangerous especially if you're keeping it just in a naked metamask wallet where it's basically you know pretty kind of like um what's the term looking for pretty it's like a sitting duck right you're just kind of like waiting for some malware to infect your pc and then go to town on your crypto so definitely don't secure any significant sums in a hot wallet and get yourself a hardware wallet so an interesting tweet here from dom uh today who's an active delegate discord member as well they're very very good at um kind of like uh explaining different things but in this tweet it's kind of like a i guess like it kind of illustrates the feedback loop between uh i guess like everything that happens on ethereum from kind of like uh fees being collected which leads to kind of like more stakers
on the proof of stake which um leads to more staked ether eth which means to increase security and then you have all these different like spokes and kind of i guess without you kind of like if you're watching the video you'll see what i'm talking about if you're on the podcast it's kind of hard for for you to follow along with what i'm talking about but it's basically a map with a bunch of circles and arrows pointing to each other and it basically shows that how everything on the ethereum network works in kind of like a symbiotic relationship as i just explained right as more fees are collected um post-merge there's gonna it'll lead to a higher staking kind of like yield which means that more people will stake to eat which means the network security goes up um and and you know and then on the other
side of kind of like this chart it says the value of eighth increases um you know sorry and and then on the other side from more fees collected it goes more east burned which means the value of eth increases which means the value of each stake goes up which leads to increased security and then um you have kind of like the bottom bit of this of this chart where from more stakers it goes to you you're allowed to you can you can deploy more shards to the network which means that you'll get more layer 2 scaling capacity which means you'll get lower individual fees on l2 which leads to more l2 activity which feeds up to fees collected which is higher demand for r1 block space and then that fees collected obviously moves up again into what i just described before and then you have the value of
eighth increasing on the right hand side which leads to a better story of value you know better defy collateral more liquidity blah blah blah then that leads to more economic utility for eth more more economic activity for the ethereum network which leads to more l2 activity and then it just feeds back in so this base graphic basically just shows the absolutely amazing symbiotic relationship that l1 l2 has with the value of eth increasing and the fees generated and this is basically being designed this way this is not a coincidence we've designed the network this way because we believe this is the best way to both scale the network um you know increase the value of each increase the security of the network and make sure that the economic activity actually leads to value accrual for each so very very cool to see this from dom here
so lyran from starkware uh put out this little graphic where it's showing um the d5 pulling on starknet so essentially what this is going to do is it's going to allow users to sit on starknet interact with a d5 pooling contract and basically uh be able to interact with layer one liquidity for uh on on layer two on on stark net and also be able to interact with kind of like centralized exchanges and fiat on ramps going from them to stock net and then never having to actually touch l1 and still being able to kind of like tap into l1 through the d5 pulling contract now this is um something that i've discussed before uh in the vein of kind of like the bridges and the cross chain kind of stuff and like star quest dm amm
ryrie capitals nova all this kind of stuff that allows you to just tap into layer one liquidity and all the stuff happening at layer one without actually having to touch layer one by doing it at layer two so this is really really cool to see here this little graphic from lyran um there's a deeper explanation in this thread which you can basically go check out i'll link to the usual description but i'm coming up on time here so just the last thing i wanted to say is a tweet that i saw from mahalo from polygon where he basically teased that that sandeep and himself have just recorded an episode with bankless um and and you know sandeep said that if polygon ever becomes an ethereum competitor he will for sure leave the project and then mahalo says people who know me know the same goes for me i've
been kind of like signaling to you guys just how committed polygon is to the ethereum ecosystem for a while now obviously i wouldn't be an advisor to polygon if i didn't truly believe that they were a net positive for the ethereum ecosystem and all that they've done this year uh they did their rebrand in february of this year by the way so it hasn't been very long they've obviously existed as matic network before now they're polygon but since then they've had the polygon pos chain it's you know explode in value they've had the polygon avail network announced polygon sdk they have nightfall maiden hermes that's all within the span of like the last 10 to 11 months that's nothing right imagine what where polygon is going to be within the next few years like i am so bullish on the polygon ecosystem it's not even funny and i'm
you know half the reason i'm bullish is because i know that they're super ethereum aligned they're not going anywhere the polygon p west chain as i've described before yes it may be considered a quote unquote side chain but it was needed and it still is needed until we get to those kind of like uh until we get more roll up adoption out there and it's been very very great um uh a great tool for people to use since since then so i'm very much looking forward to listening to this podcast on bank list coming out soon there's actually another podcast bank list did with starkware just today so you can go check that out as well uri and eli from starkware which i mean if you want to be more bullish on layer twos than you already are because i do my best to make
you guys bullish on it but if you want to be even more bullish go listen to that starkwear episode on bankless and then listen to the other ones they've done as rather than one with arbitrary optimism but the starcraft one's the most recent one um and i think they've done that one with the mata labs zk sync as well um not not sure i i've listened to a podcast with them before but i'm not sure if it was on bank list or somewhere else but um yeah just listen to them and you'll get really really bullish right and then maybe go listen to their ultra scalable ethereum podcast that they did a few weeks ago which basically breaks down the modular ethereum design um which i've spoken about obviously a lot but they broke it down very nicely for everyone yeah if you're just feeling like you
want to be bullish i mean the eighth price is kind of nice right now it's going up a little bit it's going up against bitcoin which is always fun but if you want to be even more bullish go listen to all those sorts of things um and maybe do it while you're at the gym or something because then you maybe get out a few extra reps just from how bullish you are anyway i'm going off a little bit of a tangent then there i'm just going to end the demo today 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