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Justin Drake

👤 Speaker
648 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And then I think there's a big reason why we have so many clients.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And oftentimes we're talking about either single person teams or like small, like two person or three person teams.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And I think this is gonna have interesting consequences in terms of like sustainability, paying for all of these client teams, as well as around governance of how do we make upgrades to Ethereum.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Like on this latter topic, the way that we do governance today, roughly speaking, is that we have five consensus layer clients and they all need to implement the upgrade.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

So some sort of EIP in order to move forward.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And if we want in the future, when we have, let's say 10 or 15 clients, we can just require the top 80% or the fastest 80% in order to move forward.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And that's more of a Darwinian competition that allows us to move fast, much, much faster without having to wait for the slowest client.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

So the whole straw map has everything laid out up to 2029, which is basically the exact same roadmap that I gave at my DEF CON talk where I introduced the Beam Chain.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And back then, people were just... The one that people hated?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Yes.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

It was my most hated slide, TM, because it stretched over four and a half years or whatever.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And historically, I've been bad with timelines.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

I've just been way too optimistic.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

But as I age and I mature and I have white hair, I've been becoming better at timelines.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And I think it was a realistic slash conservative timeline that got people upset, but that's just the way it is.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

relatively confident that, you know, we can meet this 2029 milestone.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And I think there's even an opportunity, you know, if we want to move like faster, thanks to AI.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

One piece of good news is that in some sense, we have already done this type of large rewrite, as you alluded to, with the merge.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Like we completely changed the consensus foundations of Ethereum from proof of work to proof of stake.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

So that's, in some sense, is an existence proof that it can be done.