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Welcome to The Chopping Block \u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the boys discuss Ethereum's current standing in the cryptocurrency ecosystem, comparing it to the United States regarding capital concentration despite fewer users.\xa0\nThey also dive into the dynamics of prediction markets, focusing on Polymarket's role in predicting election outcomes. The conversation evolves into an analysis of potential changes to the Ethereum mainnet, driven by competition from Solana and other factors, including block time reductions and gas limit increases. The episode concludes with predictions about Ethereum's possible upgrades in the next six months and a bet among the hosts about the outcome.\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\nShow highlights\n\U0001f539 A focused discussion on the utility and accuracy of polls versus prediction markets, particularly highlighting the insights from prediction market platforms like Polymarket.\n\U0001f539Exploration of Nate Silver's analytical methods and their application to understanding market dynamics and voter behavior forecasts in the crypto context.\n\U0001f539Examination of liquidity issues in crypto prediction markets, referencing platforms like Drift Protocol and their impact on market behavior and reliability.\n\U0001f539Analysis of how Solana\u2019s advancements are pushing Ethereum to evolve, particularly in the areas of Layer 1 and Layer 2 scaling solutions.\n\U0001f539Discussion on the economic strengths and potential vulnerabilities of Ethereum, likened to the Dutch Disease, where reliance on a dominant resource can lead to broader economic issues.\n\U0001f539Speculative insights into the possible future changes in Ethereum\u2019s protocol, including adjustments to block times and gas limits, and their potential impact on the network\u2019s efficiency and user experience.\nHosts\n\u2b50\ufe0fHaseeb Qureshi, Managing Partner at Dragonfly\xa0\n\u2b50\ufe0fTom Schmidt, General Partner at Dragonfly\n\u2b50\ufe0fRobert Leshner, CEO & Co-founder of Superstate\n\u2b50\ufe0fTarun Chitra, Managing Partner at Robot Ventures\n\nDisclosures\nLinks\nOn the Edge: The Art of Risking Everything a Book by Nate Silver: https://www.amazon.com/Edge-Art-Risking-Everything/dp/1594204128\xa0\n\n0:00 Intro\n01:52 Polls vs. Prediction Markets\n08:04 Nate Silver's On the Edge\n15:37 Prediction Markets and Liquidity\n22:31 Solana's Influence on Ethereum\n25:32 L1 vs. L2s Updates\n32:13 Ethereum has Dutch Disease\n44:12 Predictions for Ethereum \nLearn more about your ad choices. Visit megaphone.fm/adchoices