In this episode of Credible Commitments I chat with Oisin Kyne, CEO and Founder of Obol. We begin by discussing the state of web security and how it affects Ethereum. In particular, the episode focuses on Oisin's new initiative, Validator Beat, in detail. We finish the episode debating ETH's issuance and supply dynamics.
In this episode of Credible Commitments I chat with Oisin Kyne, CEO and Founder of Obol. We begin by discussing the state of web security and how it affects Ethereum. In particular, the episode focuses on Oisin's new initiative, Validator Beat, in detail. We finish the episode debating ETH's issuance and supply dynamics.
Timestamps
(00:00) - Reflecting on Black October
(04:29) - Security in the age of AI
(09:30) - Staking security form first principles
(15:29) - Nakamoto, decentralization and credible neutrality
(19:18) - Validator Beat dot com
(24:09) - Safety and liveness failures
(26:59) - EIP 7716 - introduce non-linear penalty in liveness
(28:22) - Correlated slashing events
(30:59) - Key theft is underpriced
(35:25) - Validator Beat's 6 different pizza slices
(45:14) - Incentives for users and operators
(49:08) - No gaming the stages for publicity
(53:20) - Building the future since age 13
(56:41) - Minimum tolerable Nakamoto
(59:58) - Funding the CROPS mandate
(1:04:33) - 2024 was the decentralization top
(1:09:27) - Debating and discussing issuance
(1:15:30) - ETH is valuable because of CROPS
(1:25:37) - Hard cap oversells, predictably low supply is fine
(1:32:40) - ETH shouldn't try to beat Bitcoin