The Network State Podcast

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#1 - Vitalik Buterin on Starting New Countries, Upgrading Ethereum, and Improving Yourself

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Feb 7, 2023

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Vitalik Buterin

01:57:50

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ANECDOTE

Ethereum's Rise and DeFi

Ethereum faced demoralization after the Dow and hard forks, but then experienced a price surge.
This was followed by the rise of DeFi and NFTs, an unpredicted application.

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INSIGHT

Sharding Ambitions

Sharding, the next step in Ethereum's roadmap, aims to increase scalability.
Early sharding versions trusted honest majority assumptions, but later versions became more ambitious.

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ADVICE

Rollup-Centric Roadmap

To scale Ethereum, focus on "rollup-centric roadmap" and layer-two scaling solutions.
Training wheels on rollups will be removed, aiming for full trustlessness.

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Blockchain for Finance Domain Name Systems

01:45 • 2min

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Ethereum - What Kind of Tweaks Can You Make to Them?

03:59 • 3min

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What's Your Retro in the Early Ethereum?

06:59 • 2min

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Ethereum Web Browser - The One Difference?

09:18 • 3min

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What's the Difference Between AP1559 and Merge?

Did You Have Those Thoughts About Bernanke?

17:56 • 2min

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Is Homestead a Good Idea?

19:33 • 4min

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The Quadratic Attack Issue With Hashing in Bitcoin

23:10 • 4min

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A Gef and Parody Attack on Ethereum Clients

27:13 • 2min

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Ethereum - The Dow and the Multiple Hard Forks

29:29 • 4min

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The Merge Is Over, and It's Done!

33:21 • 4min

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Layer Two Scaling Solutions on Ethereum?

36:59 • 4min

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Are We Going to Scare the Back Doors Out?

Ethereum Transaction Censorship

53:03 • 6min

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Is Zero Knowledge a Better Cryptocurrency Solution?

58:56 • 3min

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Zero-Knowledge Cryptography

The Single Biggest Problem in the World That You'd Address With That New Country?

The Network Effects Penalty

01:13:30 • 4min

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Is the Law Enforced on the Law Abiding?

01:17:48 • 4min

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The Climate in Smallbird Is Not Too Bad

01:22:12 • 1min

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Is 3000 People a Good Idea?

01:23:42 • 4min

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The Cost Difference Between the US and Switzerland

01:27:30 • 5min

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The Limits of Cryptocurrency

01:32:17 • 2min

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What's the Ethereum Land?

The Root Community Is Important, Right?

01:40:17 • 2min

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The Social Elements to Learning and Motivation

01:42:03 • 4min

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The Social Aspect Is So Important, Right?

01:45:55 • 2min

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The Number One Problem I've Learned From AI Prompters

01:47:29 • 2min

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How to Learn Chinese Online?

01:49:43 • 4min

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The Importance of Learning by Doing

01:53:50 • 4min

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A discussion between Vitalik Buterin and Balaji Srinivasan on starting new countries, improving yourself, and upgrading Ethereum.

OUTLINE
00:00 - Introduction
01:27 - A brief history of Ethereum
16:54 - The DAO hack
20:32 - The Devcon 2 attack
33:24 - The Merge
35:52 - Ethereum Roadmap
47:41 - The de-OFACization of Ethereum?
1:06:18 - Starting new countries
1:22:20 - Svalbard
1:27:29 - Network effects
1:33:12 - Regulation as a bounding box
1:35:42 - What new country would Vitalik start?
1:39:39 - Network states and social networks
1:43:19 - Advice on leveling up
1:51:17 - How Vitalik learned Chinese
1:55:14 - Learning by doing

LINKS
1) Ethereum Average Block Time: https://ycharts.com/indicators/ethereum_average_block_time
2) What is EIP-1559: https://consensys.net/blog/quorum/what-is-eip-1559-how-will-it-change-ethereum
3) Quadratic Hash problem: https://bitcoinclassic.com/devel/Quadratic%20Hashing.html
4) The merge: https://ethereum.org/en/upgrades/merge
5) MEV watch: https://www.mevwatch.info
6) Sousveillance: https://en.wikipedia.org/wiki/Sousveillance
7) Best weather cities to live in the US: https://wired.com/2014/02/see-u-s-cities-get-least-days-pleasant-weather
8) Global passport ranking: https://passportindex.org/byRank.php?ccode=cn
9) Longyearbyen: https://en.wikipedia.org/wiki/Longyearbyen
10) Demography of the Roman Empire: https://en.wikipedia.org/wiki/Demography_of_the_Roman_Empire

VIDEO
YouTube: https://www.youtube.com/watch?v=1xhPqZZYJSE

CREDITS
Editing: twitter.com/DholakiaJaydeep
Images: twitter.com/elijah10t

SOCIAL
thenetworkstate.com
twitter.com/VitalikButerin
twitter.com/balajis

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