This podcast episode explores Ethereum's latest Dencun upgrade, which aims to scale the network by investing in Layer 2 solutions. The upgrade has significantly reduced transaction fees on these Layer 2 networks, making them a more attractive option for users. However, some critics argue that this approach could compromise Ethereum's decentralization and security. Despite these concerns, Ethereum remains committed to its Layer 2 strategy and is making progress towards decentralization and interoperability. The episode also discusses notable developments in Base, a Layer 2 solution, and the importance of supporting developers in building innovative applications that attract millions of users.