Beam Me Up! With Justin Drake

Justin Drake joins us as the dust settles on his ‘Beam Chain’ pivot (?) for Ethereum. Justin Drake of the Ethereum Foundation joins The Gwart Show! We discuss his Beam Chain proposal, covering improvements in block production, staking mechanics, and cryptography. He explains the path toward more efficient validation and the future of Layer 2 scaling solutions. Follow our guest on Twitter: @drakefjustin Timestamps: 00:00 Start 00:57 Beam chain 05:36 Beam Chain highlights 11:19 What is the Bean Chain meme? 13:06 Speculation about Beam Chain 17:22 Pre-confs require capital centralization? 19:53 Temporary trusted relay 20:32 Inclusion vs execution pre-confs 25:44 Changing ETH issuance, again? 28:08 Centralized validator set? 30:16 Cost of capital wins? 34:40 Base rollups 39:50 Base rollups are App Chains? 44:19 Merge mistakes 49:15 Was PBS a mistake? 52:25 Legitimate criticism 58:17 Building on L1 vs L2 1:00:41 Decentralized stablecoins 1:03:05 Restaking 1:04:59 Exciting use cases? 1:06:56 Don't care about DeFi? 👋The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices