
About this episode
Ryan Watkins and Wilson Withiam, senior research analysts at Messari, explain the nuts and bolts of Ethereum 2.0, including how it will transform ETH as an asset and why they believe it will be Ethereum’s most ambitious upgrade yet. Topics include:
the different phases of Ethereum 2.0 and the functions they serve
the problems Ethereum hopes to solve with this upgrade
the technical requirements needed to ensure the launch can happen
the new proof of stake consensus and why Ethereum is leaving proof of work behind
the requirements necessary to maintain a validator node on the Ethereum 2.0 network
why users won’t be able to use their ETH once it is staked on Ethereum 2.0
the incentives and services that will allow users staking on Ethereum 2.0 to continue using their ETH on Ethereum 1.0
whether the appeal of DeFi is a threat to Ethereum 2.0 staking
how Ethereum 2.0 incentivizes client diversity
the monetary policy of “minimum necessary issuance” that supports Ethereum 2.0
how Ethereum 2.0 will allow ETH to achieve the unprecedented combination of a store of value, a capital asset, and a commodity
what will be done in the short term to help ease the scaling problem while ETH 2.0 is being built
whether scalability can be efficiently addressed in time to prevent migrations to other blockchains
and the most significant risks Ethereum 2.0 is facing
Thank you to our sponsor!
Crypto.com: https://www.crypto.com
Episode links:
Ryan Watkins: https://twitter.com/RyanWatkins_
Wilson Withiam: https://twitter.com/wilsonwithiam
Messari Crypto: https://messari.io/
Messari report on Ethereum 2:0: https://messari.io/road-to-eth2
Amount of ETH in the Ethereum 2.0 Deposit Contract: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa#analytics
https://www.stakingrewards.com/earn/ethereum-2-0
ETH issuance based on amount staked: https://docs.ethhub.io/ethereum-basics/monetary-policy/#proof-of-stake-impact
Dan Elitzer article on DETH: https://medium.com/ideo-colab/the-deth-of-ethereum-98553866e81b
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