dYdX Abandons Ethereum?! with Founder, Antonio Juliano

<p>Last week, one of Ethereum’s biggest L2-integrated dapps — derivatives giant dYdX — announced plans to depart Ethereum upon its upcoming v4 release. The destination? A fully sovereign blockchain on the Cosmos Tendermint consensus protocol, built using the Cosmos software development kit.</p> <p>We brought on dYdX, Founder, Antonio Juliano to discuss this announcement and so much more.</p> <p>------<br /> 📣 NOTIONAL | Real DeFi Yield<br /> <a href= "https://bankless.cc/Notional">https://bankless.cc/Notional</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>⚖️ ARBITRUM | SCALED ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>❎ ACROSS | BRIDGE TO LAYER 2<br /> <a href= "https://bankless.cc/Across">https://bankless.cc/Across</a> </p> <p>🏦 ROCKET POOL | STAKE YOUR ETH<br /> <a href= "https://bankless.cc/RocketPool">https://bankless.cc/RocketPool</a> </p> <p>👻 AAVE V3 | LEND & BORROW CRYPTO<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>⚡️ LIDO | LIQUID ETH STAKING<br /> <a href= "https://bankless.cc/lido">https://bankless.cc/lido</a> </p> <p>🔐 LEDGER | NANO S PLUS WALLET<br /> <a href= "https://bankless.cc/Ledger">https://bankless.cc/Ledger</a> </p> <p>------<br /> Topics Covered:</p> <p>0:00 Intro<br /> 7:00 The Announcement<br /> 14:38 Creating the Best Product<br /> 25:10 Decentralization<br /> 33:50 The Risks<br /> 37:55 Wallets<br /> 40:07 Staking Validators<br /> 46:05 Monetary Policy & Latency<br /> 54:44 Tradeoffs with Ethereum<br /> 59:55 Legal Reasons<br /> 1:06:00 Real Centralization<br /> 1:14:20 Bridging & Composability<br /> 1:24:00 Closing</p> <p>------<br /> Resources:</p> <p>Antonio on Twitter:<br /> <a href= "https://twitter.com/AntonioMJuliano">https://twitter.com/AntonioMJ