185 - The Superchain Explained with Jesse Pollak & Ben Jones

On today’s episode we brought on repeat Bankless guests, Ben Jones, Co-Founder of Optimism and Creator of Base, Jesse Pollock. 

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✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-superchain 

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Base! Coinbase’s Layer 2 has almost hit 1 million users in 2 weeks. It has more transactions per second than Ethereum mainnet. Jesse digs into the magnitude of this development. Base chain was built on Optimism’s tech stack. This is just 1 chain of many thousands we’ll see over the coming years. How do we tie them all together? Ben dives into all things Superchain. The Superchain is how we bring 1 billion people onchain.

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TIMESTAMPS

0:00 Intro
7:42 Base Launch Reflection 
9:53 Optimism’s Reflection 
11:35 Coinbase x Optimism Collaboration
17:14 OP Stack Incentives 
23:43 Base’s Impressive Numbers 
26:26 Explaining the Superchain  
31:40 Why Join the Superchain? 
33:55 The Law of Chains 
45:26 The Coinbase Onchain Formula
51:15 Base Part of Optimism Governance 
58:40 What About Other L2s? 
1:04:56 Optimism Collective’s Fee 
1:08:25 The Tech Behind the Superchain
1:13:34 Superchain Timeline 
1:15:45 Fault Proofs
1:18:36 Risk Profile of Base    
1:22:15 Optimism’s Governance Minimization 
1:24:10 Wen Fault Proofs & Stages 
1:30:00 How Many Clients Does Optimism Have? 
1:33:36 Near Term Focus For Base
1:37:01 Near Term Focus For Optimism
1:38:27 Closing & Disclosures 

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RESOURCES

Jesse Pollock
https://twitter.com/jessepollak 

Ben Jones
https://twitter.com/ben_chain 

The Law of Chains
https://gov.optimism.io/t/law-of-chains-v0-1-full-draft/6514 

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠