BROADCASTS.com

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nEthereum\u2019s long-awaited Dencun upgrade finally went live this week, and many L2s immediately saw their transaction fees fall dramatically, as was the intention. Among them was the Coinbase-incubated Base, which was created by Jesse Pollak. Pollak joined Unchained to discuss the impact Dencun was having on Base; how he thinks Layer 1s and Layer 2s will start to differ from one another and eventually spawn a multitude of specialized Layer 3s; his response to criticisms of the increasing use of Layer 2s, what he\u2019s focusing on now, and why he supports using the word \u201conchain\u201d over \u201ccrypto\u201d or \u201cweb3.\u201d\xa0\nShow highlights:\n\nThe problem that Dencun is trying to solve\n\nThe benefits of blobs and blobspace\n\nHow Dencun has already reduced Base\u2019s fees, but also increased its transactions\n\nHow Jesse thinks Layer 1s and Layer 2s will start to become differentiated from each other\n\nThe rise of Layer 3s\n\nHow Jesse addresses criticisms of fragmentation and centralization arising from the increasing use of Layer 2s\n\nWhy Jesse is particularly excited about two features of the Dencun upgrade\u2014transient storage and increased composability between L1s and L2s\n\nWhat Jesse and the Base team are focusing on now\n\nWhy Jesse thinks that \u201conchain\u201d is a better word to describe the industry than \u201ccrypto\u201d\xa0or \u201cblockchain\u201d or \u201cweb3\u201d\xa0\n\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nUniswap\n\nGuest\n\nJesse Pollak, creator of Base at Coinbase\nPrevious appearances:\nThe Chopping Block: All About That Base With Jesse Pollak\xa0\nLinks\nRecent coverage on Unchained of the Dencun Upgrade and Base:\xa0\n\nDencun Day One: Ethereum Layer 2 Networks See Drastic Drop in Transaction Fees\n\nEthereum Completes Milestone Dencun Upgrade, Which Should Substantially Reduce Fees\n\nHow Much Will the Dencun Upgrade Really Reduce Ethereum Layer 2 Fees By?\n\nWhy Base\u2019s Creator Thinks Social Apps Will Be a \u2018Huge Part\u2019 of the Layer 2 Blockchain\u2019s Success\n\nCoinDesk:\nDebating Dencun: Will Ethereum's Big Update Help or Harm the Network?\n\nJesse\u2019s tweets on Dencun\n\n\nOctober 2022\xa0\n\nJanuary 2024\n\n\nMarch 13, 2024\xa0\n\n\nBlobs / Proto-danksharding\n\nEIP-4844 proposal\n\n\nBlobs unleashed: Ethereum\u2019s Dencun upgrade activates on mainnet\xa0\n\n\nBase says it will support EIP-4844 from 'day 1' following Dencun upgrade\xa0\n\nEthereum stans are putting the Bee Movie on blobs for as little as $5\n\n\nSuperchain\n\n\nDecentralizing Base with the OP Stack and Optimism\xa0\n\n\nBase\u2019s Commitment to Decentralization with the Superchain\xa0\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices