Not An Essay: Jon Charbonneau on Composability, Stake Centralization and Bitcoin L2s
Welcome back to The Gwart Show! This week, Job Charbonneau of crypto venture fund DBA joins Gwart to discuss Ethereum's issuance debate, centralization of stake, roll-ups vs. Solana, the future of DeFi on Bitcoin, solving MEV, crypto's VC landscape shifts, and key insights from his recent Research Day event. Follow our guest on Twitter: @jon_charb Follow our host: @gwartygwart 👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities. Enjoy the show? Check out our website and newsletter by clicking here. Timestamps: 00:00 Start 00:45 Jon's background 01:19 Research Day 03:21 Favorite Research Day talk 06:07 Current VC crypto landscape 10:54 Wen Uncommon Core? 11:46 Why ETH issuance changes? 14:13 Why mess around with issuance? 17:43 Concentration of stake 19:05 Economic security 22:03 Appreciating proof of work 24:43 We knew this would happen! 27:46 Restaking 34:43 Restaking predictions 37:00 MEV & order-flow 40:52 Why does this taste like a sandwich? 45:32 Should we seek to fix MEV? 48:02 MEV proposals 51:06 Rollup problems 56:28 Rollup interoperability dreams 1:00:50 Solana 1:04:07 Defi Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices