High Stakes | Intense Competition Among Layer Two Solutions

The battle for supremacy among layer two solutions in crypto has projects vying to showcase their tech. Despite criticism, airdrops and token launches by Ren and Eigenlayer have faced user disappointment.This episode is sponsored by the Stellar Community FundFollow the show here for more.This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk; they cover the story of Celo choosing Optimism as their layer two solutions, the vulnerabilities found on Optimism and the launch of tokens by Ren and Eigenlayer.Chapters00:00 Introduction and Overview01:43 Celo Chooses Optimism as Layer Two Solution07:20 Vulnerabilities on Optimism and Layer Two Wars16:31 Token Launches by Ren and Eigenlayer28:14 Intersubjective Forking and Regulatory Uncertainties34:46 The Crypto Industry as a Complex Game37:04 ConclusionSign Up for THE PROTOCOL NEWSLETTER EPISODE LINKS | Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not DoneWhat Is Restaking? What Is Liquid Restaking? What Is EigenLayer?EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN tokenAvail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync-From Our Sponsor: The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.Apply for Funding at communityfund.stellar.org-The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.