This podcast episode explores the journey of Jesse Pollak, the creator of Base, and Coinbase's transition towards on-chain products. The episode discusses the benefits of roll-up architectures and the OP stack for scaling Ethereum. It also highlights the challenges faced by Coinbase in building on-chain products and the decision to focus on EVM and Ethereum. The episode delves into the development of Base as a leading L2 scaling solution and the reasons for choosing the OP stack. It also discusses the future of Ethereum scaling, the concept of L3s, and the importance of decentralization. The episode concludes by exploring the challenges of achieving interoperability and the significance of trust in the blockchain ecosystem. Overall, the episode provides insights into the evolving landscape of blockchain technology and the vision for a global on-chain economy.