Degen Chain and L3s: What's Next
APR 03, 2024
Disclosures: This podcast is strictly informational and educational and is not investment advice or
Watch the episode on Youtube:
Watch the episode on Spotify:
The conversation explores the concept of Layer 3 (L3) blockchains and their potential impact on the crypto industry. L3s offer unlimited customizations with near-zero gas fees, allowing for limitless creativity and experimentation. The discussion focuses on Degen, a community built on the L3 chain, and its journey from a tipping functionality on Forecaster to launching its own L3. The founders of Syndicate, the team behind Degen’s L3, explain the need for L3s and the benefits they provide to different types of applications. The conversation also touches on the future of L3s and the potential for further customization. Degen Chain, an L3 solution built on top of Ethereum, offers low gas fees and customization options for developers. The ability to customize blockchains is seen as a powerful feature, and Degen Chain aims to pull customizations from startups specializing in that space. L3s are designed for customized functionality, while L2s are for scaling. Interoperability between L3s is a vision that many in the space are pursuing, and there are different approaches to achieving it. The security and value capture of Ethereum are important considerations, but the focus should be on usage and adoption. Degen Chain is just the beginning, and there is excitement about the future development and growth of on-chain communities.
Chapters
Chapters:
00:00 Introduction and Disclosures
01:06 Understanding Layer 3 (L3) Blockchains
11:50 Benefits of L3s for Different Types of Applications
29:18 Degen Chain: Low Gas Fees and Customization
31:06 L3s vs L2s: Customized Functionality vs Scaling
32:04 Interoperability: A Vision for L3s
34:32 Usage and Adoption: The Key Metrics
36:30 The Future of On-Chain Communities
0 Comments
Related episodes

DeFiWhy the ETH ETF is bullish, SOLs tech vs TONs distribution - what matters more?
By
Anil Lulla•
Watch on Youtube: Watch/listen on Spotify:

DeFiEIGEN, Are VCs Evil, and Is It All Over?
By
Anil Lulla•
Watch on Youtube: Watch/listen on Spotify:

DeFiTory Green: io.net’s 500,000 GPUs Powering Crypto x AI on Solana
By
Anil Lulla•
Listen to the episode on Spotify:

Financial Market ThemesPro Crypto Insider Talks - March 2024
By
Anil Lulla•
Delphi Co-founder Kevin Kelly and Real Vision CEO Raoul Pal are back to answer some Pro Crypto members' questions and analyze what exactly is going on at the nexus of crypto and macro.