Episode Details

TOOL, Or How To Get 1 Second Confs On Ethereum
12/1/2024
The Gwart Show | Bitcoin Tech & Culture โ†—

Key Insights

Bullish:

  • ๐ŸŸข $TOOL - TOOL is expected to disrupt existing monopolies in the Ethereum block building space, potentially increasing fees and value accrual for Ethereum validators.
    • โ€œI think that once we will have enough proposals to opt in, because that's, like, the, basically, the only necessary component. Once we have enough adoption and enough proposals opt it in so they could secure these guarantees, I think that, like, we could easily break these monopoliesโ€ - Princess (38:40)
    • โ€œSo it's like that's we think that there's multiple, factors that will drive fees up of into or, like, for validators to accumulate more value. Specifically, one second block times will result in not just 1, top of block auction, but 12 top of block auctions.โ€ - Princess (21:39)
  • ๐ŸŸข $ETH - ๐Ÿ”’
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  • ๐ŸŸข $LAYERTWO - ๐Ÿ”’
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Bearish:

  • ๐Ÿ”ป $BLOCKBUILDERS - ๐Ÿ”’
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