In this podcast episode, the hosts dive deep into Ethereum's rollup-centric roadmap, exploring its strengths and weaknesses while highlighting the need for better liquidity and user experience. They break down the complexities of Layer 2 solutions and the promising AppChain concept, suggesting that adopting base rollups could help reduce fragmentation in the ecosystem. A significant part of the discussion focuses on the shift from centralized sequencers to decentralized models, emphasizing the importance of credible neutrality to enhance shared network effects. The episode wraps up by examining ETH’s value accrual mechanisms, showcasing Ethereum's potential as a cohesive platform for decentralized finance.