This episode of Lightspeed, a cross-post from Bell Curve, features Jack Kubanek and Mert Mumtaz discussing several topics in the crypto space. They analyze Solana's recent bug fix and the ensuing centralization debate, highlighting the importance of efficient coordination in addressing security flaws. They also discuss Ethereum's potential pivot towards scaling the L1 layer, questioning whether it can regain lost activity and revenue amid competition from other L1s and its own L2s. Finally, they examine the evolving Solana DEX landscape, including the emergence of new aggregators and the shift away from traditional AMMs, and debate the relationship between performance and decentralization in blockchain design, arguing that the most performant chain will also be the most decentralized due to incentive structures. The episode also includes advertisements for Arkham and Ledger.
