Chopping Block with Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Drive, and Polymarket Whales

Operation Chokepoint 2.0, Ethereum Innovation Push, Polymarket Whales (feat. Stani Krechov)

Posted on October 10, 2024 at 12:00 PM EST.

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and special guest Stani Kulechov discuss the latest in cryptocurrencies. In this episode, the production staff dives into the latest speculation about Satoshi Nakamoto, inspired by a just-released HBO documentary. We also discuss Ethereum's big debates around expanding block times and blob storage, and explore whether these changes can keep Ethereum competitive. The conversation gets heated with topics like the Trump whale at PolyMarket, Operation Chokepoint 2.0, and TikTok's role in onboarding meme coin buyers. Don't miss this episode packed with crypto intrigue, performance discussions, and insider gossip!

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show highlights

🔹Who is Satoshi? Speculation about the possibility that the HBO documentary “Money Electric” reveals the true identity of Satoshi Nakamoto.

🔹 Trump Betting Whales on Polymarket: A discussion of the big whale collecting Trump stock on Polymarket and a discussion of conspiracy theories.

🔹 Reducing MEV by reducing block time: Reducing Ethereum’s block time from 12 seconds to 8 seconds could make arbitrage harder, improve Ethereum’s UX and cost, and potentially reduce MEV .

🔹 Blob Space Expansion: Increasing Ethereum's blob storage for rollups could impede the adoption of alternative data availability layers like Celestia and increase the need for more blob space.

🔹 Operation Chokepoint 2.0: New revelations suggest regulators, perhaps inspired by Elizabeth Warren, were pressuring banks to stop banking crypto companies without formal rulemaking Tom said it was “shocking” how accurate his initial guess was.

🔹 Discussion on Ethereum's future performance: Stani says Ethereum needs to continue innovating and improving layer 1 performance and insisting on shorter block times and more fundamental changes to remain competitive. Suggests.

🔹 DeFi Market Dynamics: The panel delves into how competitive decentralized finance platforms like Aave and Compound remain resilient in an ever-evolving environment, and Stani I praised Robert's contribution to the.