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Will Optimism's OP Token Draw People Back to Layer 2s on Ethereum? - Ep.350

Author
Laura Shin
Published
Tue 10 May 2022
Episode Link
https://unchainedpodcast.com/will-optimisms-op-token-draw-people-back-to-layer-2s-on-ethereum/

Kain Warwick, founder of Synthetix, and Ben Jones, cofounder and chief scientist at Optimism Foundation, discuss the current state of Ethereum Layer 2s, Optimism’s new governance structure, why Synthetix chose to build on Optimism, and more. Show topics:
what Optimism and Synthetix are
how zero-knowledge rollups differ from optimistic rollups
why Synthetix decided to build on Optimism
what makes L2s more enticing to build on than other L1s
how Optimism’s governance is going to change with the launch of the Optimism Collective and OP token
what issues Synthetix has had with Discord governance and early token voting, and how they have now solved this by forcing users to consolidate wallet addresses
what retroactive public goods funding is and how it could create a “flywheel” of development on Optimism
why whales might be excluded from Optimism’s token grant to Synthetix
why Ben thinks the future is about the “superchain” rather than multi-chain 
what Kain and Ben think about bridging between L2s and Mainnet
why Optimism is a staunch backer of EIP 4844
how the merge could affect Optimism and Synthetix
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     
Coinchange: https://coinchange.io   
OnJuno: https://onjuno.com/ 
 
Episode Links
 
Guests
Ben Jones: https://twitter.com/ben_chain

Kain Warwick: https://twitter.com/kaiynne 
 
Synthetix
https://twitter.com/synthetix_io
 
Optimism

https://twitter.com/optimismPBC 
 
Optimism Collective

https://optimism.mirror.xyz/gQWKlrDqHzdKPsB1iUnI-cVN3v0NvsWnazK7ajlt1fI 
 
Synthetix Launching on Optimism

https://blog.synthetix.io/optimism-launch-announcement/ 
 
Synthetix Governance

https://docs.synthetix.io/governance/ 
 
Kain’s Blog

https://blog.synthetix.io/author/kain/ 
 
Rollups
What are the biggest risks to optimistic rollup chains?

https://vitalik.ca/general/2021/01/05/rollup.html#:~:text=Anatomy%20of%20a%20fraud%20proof 

What is the difference between optimistic and ZK rollups? And why did Synthetix choose Optimism?

https://blog.matter-labs.io/optimistic-vs-zk-rollup-deep-dive-ea141e71e075 

 
EIP 4844
https://eips.ethereum.org/EIPS/eip-4844
https://www.eip4844.com/
 
The Merge

https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/ 
 
Kain’s previous Unchained appearances
Ethereum killers episode
https://unchainedpodcast.com/how-solana-and-binance-smart-chain-could-take-ethereums-lead/

How Synthetix became the second-largest DeFi platform
https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/

DeFi summer

https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/ 

 
Optimism’s Bridging Solution

https://twitter.com/optimismPBC/status/1517548430297604096 

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