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Ryan Adams

👤 Speaker
1252 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And so I charted this out.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

I had my quant chart this out.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

Oh, this is a Ryan Tron Adams chart?

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

Oh, this is where all your tokens are going.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

I was spending some of those cloud tokens, dude.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

This chart probably costs 20 bucks.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

Okay.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And this is like showing TPS and block space of Ethereum and projecting that based on the 3X per year line.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And David, with this Glamsterdam upgrade, we will be right on track, right on the 3X trend.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

This catches us right back up.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

So it catches us back to the trend line.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

So this would be a 3x, sorry, excuse me, a 7x in transactions per second and block space availability on the L1 in 12 months.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

Which is pretty astounding because we went to, you remember this, we went to 30 million.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

We were at 30 million for like four years.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And then just last year, we went from 30 to 45 to 60.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And now we go from 60 to 200.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

And that results in something close to 80 to 100 transactions per second.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

So...

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

L1 is actually scaling, like they're actually doing it.

Bankless
ROLLUP: Crypto’s Nasdaq Problem | The CLARITY Act | Saylor Selling? | ETH L1 Scaling

I think this means that we're not going to see any L1 fees anytime soon.