devcon 7 / eth is permissionless money
Duration: 00:25:25
Speaker: mike neuder
Type: Talk
Expertise: Beginner
Event: Devcon
Date: Nov 2024
The tension between MEV and Censorship Resistance Gadgets
Although fairly unrelated at first glance, MEV is currently *the* bottleneck for a censorship-resistant Ethereum. This talk will first explore why MEV and censorship resistance are fundamentally counterforces. Then, we will dive into how MEV constrains the design space of censorship-resistant gadgets like Inclusion Lists and Concurrent Block Producers. What does the future of censorship resistance look like for Ethereum?
Nano-payments on Ethereum
Piotr Janiu of Golem (http://golemproject.net/) presents on Nano-payments on the Ethereum blockchain
A Modest Proposal for Ethereum 2.0
Vitalik Buterin gives his talk titled, "A Modest Proposal for Ethereum 2.0"
Start contributing to economic protocol development
Protocol development needs more economists, yet many potential contributors do not know which problems are important to Ethereum protocol development. This talk bridges the gap for those interested in blockchain research who want to work on impactful problems. The talk will overview different economic research areas at the protocol level. Examples include an economic perspective on consensus systems, transaction fee mechanism design, and economic sides of current EIPs.
Inclusion List Inevitable Tradeoffs
Inclusion lists have been a popular topic over the years, with various versions emerging, such as EIP-7547 and FOCIL. All these inclusion lists are constrained by a common trade-off: the Ethereum slot time. This talk explores the details of this trade-off and examines whether there is a "best" solution given these constraints.
A Conservative Approach to a Radical Roadmap
The current Ethereum 2.0 roadmap is doing a lot of great work on many fronts such as research on VDFs, data availability proofs, and multi-execution environments. However, as an active observer of the Ethereum 2.0 roadmap development over the past 2 years, I am concerned with some of the choices in roadmap strategy, particularly its approach to radically transforming a network with over $30B of value and hundreds of applications depending on it. In this talk, I will present an alternative, more conservative view of how to approach the Ethereum 2.0 roadmap. Some of the topics covered will include: - Radical vs Conservative technological upgrade paths. - We should use Ethereum 1.x as the beacon chain instead of launching a new beacon chain. - Proof of Stake is highly experimental. We should test Proof of Stake on shards before using it on the beacon chain. - Why requiring a 1-way peg burn of ETH to stake is scary. - Learnings from 3 months of Proof of Stake on Cosmos - Why we NEED delegation *in-protocol* - Why sharding doesn't solve social scalability.
Economics of Ethereum 2.0
This will be a presentation reviewing the Ethereum 2.0 Economics for an average validator. The talk will highlight the validator economics based on the current spec that can be expected for Phase 0 and Ethereum 2.0 at a mature state. The presentation will result in a call for community feedback on the proposed economics, which will be done through a public facing Ethereum 2.0 calculator built by the EF and ConsenSys.
Shouldn’t we rethink debt? What DeFi can learn from susu’s and immigrant lending clubs
With hundreds of millions collateralized in products like Compound Finance and Maker, the Ethereum community is rightfully rallying around #DeFi. Yet, one could easily draw portentous parallels to the systemic risks of financial innovations in the early 2000s: credit default swaps, hybrid securities, and so on. In this lightning talk I will implore our community to look toward another concept of lending used around the world: the susu. The susu (tanda in Latin America, hui in Asia, or a “rotating savings and credit association: ROSCA), is a type of short-term no-interest loan among members of a small community. Each person in the susu makes the same contribution to the pool of money, and on a rotating basis, one person receives the total amount added to the pool. I first encountered this concept when visiting my partner’s family in Trinidad and Tobago, and am studying how communities in NYC rely on these informal lending clubs to pay for a flight, a home down-payment, or just for fun. If Ethereum will bring greater financial access, we should focus less on imitating the sophisticated financial products of Wall Street and instead look to the ways that communities without financial access already get by.
How much security does your restaking protocol really need?
Restaking protocols have aggregated millions of ETH with the hope of securing new infrastructure on Ethereum. These services, such as ZK provers and oracles, require restaking ETH to enforce custom slashing rules. But how much ETH do these services need? And how much risk do these services place on Ethereum L1? We will formulate a mathematical model for answering these questions and present an empirical analysis of cascading risks from restaking services to Ethereum, with a positive outlook!
GHO
An overview of The Aave Companies' Gho proposal and implementation. Gho, a native decentralized, collateral-backed stablecoin, GHO, pegged to USD, has been proposed to the Aave DAO.