35 - Designing Ethereum | Vitalik Buterin
Chatting with the founder of Ethereum on his design choices for a global financial network
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Inside the episode
With Ethereum 2.0 on the horizon, we bring Vitalik Buterin back onto the podcast to discuss the 'why' behind many of the design choices of Ethereum 2.0
Why Proof of Stake? Why Sharding? What are the core org principles?
We also go over what has been discovered and added between the 2015 launch of Ethereum 1.x and where we are now. Things like:
- EIP1559 (where ETH is burned per block, and gas fees are more predictable)
- Rollups for scaling Ethereum
We also chat about Vitalik’s view on 'rollup centric Ethereum'.
We also discuss the process of getting Ethereum 1 onboarded into Ethereum 2.0 and a rollup round of questions towards the end.
RESOURCES
- 📄 ‘https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698?ref=bankless.ghost.io">Rollup Centric Ethereum’ blog post
- 📄 https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/?ref=bankless.ghost.io">Slasher: A Punitive Proof of Stake Algorithm
- 📄 https://vitalik.ca/general/2019/11/22/progress.html?ref=bankless.ghost.io">Hard problems in crypto: Five years later
- 📄 https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/?ref=bankless.ghost.io">How to learned how to love weak subjectivity
- 📄 https://vitalik.ca/general/2020/08/17/philosophy.html?ref=bankless.ghost.io">A Philosophy of Blockchain Validation
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