Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Martin Koppelmann

πŸ‘€ Speaker
329 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So a couple of times a day and only for one block.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So deep reorgs basically never happened in the history of Ethereum.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So let's say five, 10 blocks that never happened.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

But theoretically, it is there.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

And then if you want to build it properly, you have to deal with this theoretical case.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So it does add a fair chunk of developer complexity.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

But once you handled it practically, it will not have a big relevance.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, so I think to some extent, it will probably be the somewhat smaller ones that start first because they have more to gain.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Because to some extent, the basis and or base and I think it's really just maybe base Arbitrum and Polygon that really have their own ecosystem that's still smaller than Ethereum, but they have basically they have DEXs, they have lending protocols, they have

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

oracles they have essentially the full stack all other chains smaller chains are trying to do this as well but but are somewhat struggling so they usually have their niche and then they have other things where they basically can't at all compete with with ethereum so so for them it will be the initial incentive will be much bigger because finally they don't have to i don't know kind of

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

incentivize liquidity for this pair that were naturally liquidity would just not be there or kind of get an oracle protocol for those things they could basically just say fine we have here our niche and if you need anything else you can easily get it from from from ethereum so that's essentially the first wave i would expect to happen yeah then i do think

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Once they are successful or that works successfully, I think then the time will come that the arbitrums and bases of this world will kind of face this decision and probably...

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, we'll consider whether it's worth giving up this.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

To some extent, they're giving up the guarantee of fast block time.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So currently, again, because they don't essentially have reorgs, they can say after a second or half a second, your transaction is final.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

With this reorg possibility, there's still this additional complexity.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, it's kind of final, but theoretically, Ethereum might reorg and then your transaction might still be replayed.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

I think that will be possible to also give here strong guarantees that even if it's reorg, you can have protocols on top that still guarantee that the transaction will be executed nonetheless.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

And then it depends on if it's a simple payment, then it should not in no way be affected by reorg.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

But if it's a trade that touches liquidity that might change its state, then yeah, it gets a bit complicated.