David Hoffman

OK, so there was a dream that was the United Chains of Ethereum.

You remember this?

I had this same dream.

That's what I thought we were kind of getting back in 2022.

Yeah, that's kind of what I thought was the whole idea.

So I want to take you to maybe DEF CON 2024.

Do you remember when Drake gave his first kind of lean Ethereum talk?

Yeah, and so there was news like Justin Drake was getting on stage.

He was going to present something.

I was hoping it would be a way to unite all the chains, what I was thinking of calling kind of Ethereum 3.0.

Yeah, we were memeing before it was announced.

We were memeing Ethereum 3.0.

Okay.

And what we meant by uniting the chains was basically synchronous composability.

So the problem with the L2 roadmap and L2 strategy in general was that every L2 felt like a separate country, right?

Like it had its own borders.

It was a separate blockchain.

Everything was a separate blockchain.

It felt like a separate blockchain.

Sure, there was some shared security there, but when it comes to liquidity, oh, that's a separate liquidity pool.