Podcast

dYdX Abandoning Ethereum?! with Founder Antonio Juliano

We brought on dYdX, Founder, Antonio Juliano to discuss this announcement and so much more

Jun 29, 2022 • 1 min read

Last week, one of Ethereum’s biggest L2-integrated dapps — derivatives giant dYdX — announced plans to depart Ethereum upon its upcoming v4 release. The destination? A fully sovereign blockchain on the Cosmos Tendermint consensus protocol, built using the Cosmos software development kit.

TIMESTAMPS

0:00 Intro

7:00 The Announcement

14:38 Creating the Best Product

25:10 Decentralization

33:50 The Risks

37:55 Wallets

40:07 Staking Validators

46:05 Monetary Policy & Latency

54:44 Tradeoffs with Ethereum

59:55 Legal Reasons

1:06:00 Real Centralization

1:14:20 Bridging & Composability

1:24:00 Closing

RESOURCES

Antonio on Twitter:

https://twitter.com/AntonioMJuliano

Announcement:

https://twitter.com/dYdX/status/1539607062291877889

Why Would a dApp Leave Ethereum Right Now?

https://newsletter.banklesshq.com/p/dydx-cosmos-ethereum?

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

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