Ethereum staking, Metamask fork and more - The Daily Gwei Refuel #505 - Ethereum Updates

Transcript

hello everyone and welcome to another episode of The Daily way refuel where recap the latest news in ethereum ecosystem I'm your host Anthony 12th of December 2022. alright everyone let's get into it so in case you missed it I put the AMA alive yesterday the recording that I did it's about a 90 minute long video that you can check out on the YouTube channel of course it was meant to go live on Saturday but had scheduling issues so I I put it live uh yesterday so you can go check that out the next AMA will probably be in the new year at this point I didn't realize how close we were to Christmas and New Year's so uh there won't be one in two weeks from now it'll probably be in three to four weeks but I'll I'll do an announcement in the Discord Channel

about this but you can get your questions in before then if you want to anyway so if you have any questions that you've thought of or you have follow-up questions for me you can go get them in at the AMA series channel in the Discord Channel which you can find a link to in the YouTube description below there uh but yeah I'll link this in the YouTube description as well if you want to check it out listen to the podcast uh it's also available on the podcast too and on top of that uh you can just go and navigate to it in the channel now before I get into the rest the news for today I wanted to quickly mention something uh just to to get ahead of it before people start asking questions about it so if I'm accepted into the rocketpool Odell uh I need to put up a bond of 1750 RPL

to be part of to be an Odell member now me being the silly guy that I am when I set up my mini pool I staked my entire RPL Holdings I have 1100 RPL right now um and I was going to buy the other 650 to make it 17.50 but what happened was I staked the entire amount and I can't actually unstake for a few weeks and I actually need the RPL Bond before I can unstake it so what's going to happen is I'm going to be lent some RPL from the rockapool folks and then I'm going to pay back that loan via the rewards for being an odar member so I know I said that the rewards are going to go to the protocol Guild they still will but after I pay back the the um the debt that I'm that I'm uh that I'm getting here from

borrowing this RPL to become part of the error dial so I just wanted to get ahead of that and make sure that people understood that because yeah you might say that these rewards are going somewhere else well no it's not going to me or anything like that I'm not rugging anyone it's just going to pay back that that loan then when I uh can unstake the RPL from the mini pool I will unstake a portion of that and obviously pay down the debt with that as well so I can quickly pay that off and then get back to having the rpr rewards go to the protocol Guild um and I'll obviously let you guys know when that happens so I just wanted to to get ahead of that one there uh but moving on so uh Liam from the optimism team put out a great thread on EIP 4844

over the weekend so he said yesterday uh being last week at the all-call devs call it was decided that Erp 4844 will be included into ethereum it will be in a fast follow Fork a hard Fork after Shanghai this is a huge win for ethereum it makes me so excited for the future of blockchain blockchain scalability here's what's next and then you can just read this thread to get a it's a short thread but you can read this thread to get a little bit of an overview there I think something that I haven't clarified for people that I should clarify is that just because 4844 isn't coming in Shanghai doesn't mean it actually hasn't been accepted to be included into a future Fork which it already has so it doesn't need to go through that process again it has been accepted uh you know remember I said to you guys it was

considered for inclusion well it has been accepted for inclusion so it's just about whether when it's going to get included now as Liam says here it's probably going to get included in a fast follow a hard book after Shanghai now fast follow who knows what that means right like I I take it to mean three months I I I kind of struggled to see us being able to do another hard Fork three months after Shanghai but especially one that includes a a pretty big upgrade like 48 44 but it can happen and even if it doesn't like even if it takes six months and say so say we get Shanghai in March April and it takes six months from there I mean it's not too long of a wait from there but if we can do it in three months yeah I mean awesome I'd love to

to have it done in in three months after Shanghai goes live but regardless of that it has been accepted for include illusion and we're going to get it and you guys know 4844 is proto-dang sharding it's going to lead to dramatically lower fees on layer 2. and honestly even if it happens in like Q3 Q4 next year I think that's still fine I I honestly don't think there's any Rush right now I know people have different opinions on this and that's fine but I I know I've said before that we don't plan upgrades around you know when the bull markets uh you know depending on the market conditions like when the bull Market's going to come back or otherwise but this isn't planning 4844 around a bull market or not it's literally the reason why 48 44 isn't going into Shanghai is because the core developers

don't feel it's ready to to go in in Shanghai and they feel like waiting a bit longer for the fork after Shanghai would be better it's got nothing to do with the market being hot or not I'm adding my commentary on the market conditions to basically say that I don't think it's big that big of a deal that it's been I guess like not included in Shanghai because of the fact that I don't expect one of those you know really high demand bull markets to come back until at least late next year or even 2024 now obviously I can be completely wrong maybe we get like a spike in activity next year but I would want to say like sustained Spike of like three plus months of high activity on layer one to actually say okay well the bull market seems to be back right now

right and I I just I'm not saying it honestly I'm really not seeing it what I'm seeing right now on on a Market's perspective is what I saw in 2019 and even half of 2020 which this accumulation phase where people are just like trading the only people trading right now are just like scalpers trying to to make a bit of profit here and there and that's why you see the price keep bouncing between 1300 and 1200 it's literally like that it's just accumulation the long-term buyers are buying but there's not that many of them of course the Traders are scalping you have uh you know short squeezers long squeezes either way and then we get this this price action um so yeah it remains to be seeing what happens there but the the Ford f44 is not it has not been delayed or or I

guess like not included in Shanghai because of market conditions or anything like that it's literally because of the fact that the core developers and researchers didn't feel feel like it would be ready for Shanghai there and it kind of missed that window but definitely will be I mean hopefully not not 100 chance but a very high percent chance it will be in the fork after Shanghai all right so I put this tweet out over the weekend just just um kind of linking to a new staking survey where I said there's a new survey developed by uh James on behalf of the ethereum foundation that aims to understand the attitudes of those that stake their eth and you can fill out the survey at staking survey.paperform.co so if you are an ethereum Staker in any capacity solo sticker sticking with an LSD um you know a mini pool kind of someone who runs a

mini pool right you can fill out this survey I think you can even fill it out if you're not a Staker I'm just actually going to check out the survey now here uh yes you can actually fill it out as a non-staker too so it basically applies to everyone so definitely go fill out this survey I think it's going to give the ethereum foundation a lot of good data to work off of and obviously they're going to publish their findings when uh when they're finished here they're closing it on the 20th of December so you have about uh I don't know eight days or so from now to to fill this out and it's not that long it actually uh doesn't uh I mean it it takes a very short amount of time to fill this out more options come up if you click you know click solo staking

there'll be more options underneath you click mini pool nerd operate up so and so so on and so forth there but I just wanted to shout that out for you guys of course it'll be linked in the YouTube description below but definitely fill it out even if you're not a Staker it's going to provide valuable data to the ethereum ecosystem all right so speaking of ethereum staking uh I'm gonna say his name wrong again some people in the rocketball Discord have told me how to say this person's name and I keep getting it wrong I'm gonna say it wrong again so so you guys can call me out in the rocketball Discord again but uh Marcy you Marcy Au I I I'm butchering it again I'm sorry but I think you guys know who I'm talking about he's very active in the rockapool community he put together

a thread here about staking saying staking isn't always the most exotic flavor of crypto but there's a ton of great stuff going on under the covers that you might not know about he's a deliberately incomplete list of the tech that I'm following and most excited about and this talks about all the tech that's coming down the pipeline for ethereum staking so first off we have withdrawals and then everything that entails and he also use the term the great reshuffling which is something that I've used I don't know if I coined that term but I've used it a lot on the refill before so I was pretty happy to see that there I think he got that from me but I I mean maybe I'm wrong there but there's that one um rehappothecation of staking assets so basically using staking assets in other protocols like eigenlayer node operators

which is basically uh this Twitter account here nerd operators is building horizontal value by growing a network of competent semi-professional operators across the industry this allows a nerd operators to optimize for trustlessness and Network Health while still benefiting from shared Insurance Business Development expertise and network effects uh a very cool initiative there rocker pool Labs which I talked about uh last week which is basically lowering that minimum requirement to spin up a mini pool from 16 to 8 to 4 to 2 8 eventually uh and uh that he mentions that there rocker pool smoothing pool which I've talked about on the refill before and a bunch of other great stuff including like low-cost staking opal Network everything I mean this thread one of my favorite

threads in quite a while I really enjoyed reading through it I really enjoyed that it's it's basically a really nice kind of concise summary of the ethereum staking ecosystem so I highly recommend giving the full threader read I'll link it in the YouTube description below but this kind of showcases why I personally get or at least most of why I personally get so excited about ethereum staking and why it's such a passion of mine and why I solo stake and why I want to get involved with the communities like rockapool and do my bit as a mini pool operator and also as an Odell member because when I first got into ethereum in early 2017 one of the very first things that caught my eye was proof of stake I mean there was the fact that you could build whatever you wanted on ethereum you couldn't do that with

Bitcoin and there was the the proof of stake thing that other things had done a minute I think it started with peercoin but it was something that that Bitcoin didn't have obviously and and it didn't look like Bitcoin was going to adopt it at all so for me those were the two major things the fact that you could build whatever you wanted on ethereum and it was like this new substrate for decentralized applications and then proof of stake so to see staking live obviously was a was a was an absolutely amazing achievement uh in on December 1st 2020 with the beacon chain launch and it was obviously very um very uh uh exciting for me to see and then obviously with the merge and then when withdrawals go live it's going to complete that whole experience and we have like a full proof of Sega theorem

chain there's nothing that really excites me more to be honest and I remember distinctly the two days where I actually got like proper emotional where you know I shared a literal TR was the beacon chain launch and was the merge and simply because ethereum proof of stake is so special it is that the Beating Heart of the ethereum network and everything is pretty much derived from from that right I think that proof of stake exists in other networks but there's nothing like ethereum proof of stake and ethereum's people it's like architecture lends itself to a better social layer that works within it and lends itself to being able to spin up these communities like rockapool uh like other services out there I mean I know lighter cops are bad rap but I think that they they on net you know probably

are positive for the ecosystem I I've had this discussion with people but I think on net there are positive uh uh uh because they stopped a lot of State going to centralized exchanges they aren't just like one monolithic thing right obviously you could argue that they they are because of the STDs token in but they do distribute that stake out but I think that even with the centralized providers it's still a healthy ecosystem like a staking ecosystem that was all solo stakers I mean maybe you could argue that that would be healthier but I would be suspicious of that because you can't prove that it's all just like individual staking um not all solar stackers are created equal and I think that generally I mean you would just see solo stickers set up operations to be you know business uh

kind of stakers so to speak or lsds because the opportunity is there uh from both a business perspective uh and from a kind of uh I guess like market share perspective being able to to grow your own pie and grow your own profits right so yeah I mean there's there's obviously the essentialized exchanges there's other things like uh like swell Network and there's other kind of derivatives of that as as maschio mentioned here of being able to restake with eigenlayer and stuff like that so the second ecosystem is just so big so diverse so awesome and it's not just uh you know just another proof of stake mechanism it's ethereums no one out no one no other chain uses any even variation of flavor of ethereum proof of stake um except maybe I believe gnosis chain

maybe does it but I'm talking like the Big L ones you hear about they all use their own thing and I think that they're all inferior to ethereum proof of stake and I've said that plenty of times before on the refuel but I think um This Thread here basically uh gives a lot of the reasons and a lot of evidence to back up my claims there so I'll link this thread in the YouTube description below and you can go check this out all right so I highlighted this website from Tony last week on the refuel tornado warning dot info which basically visualizes the different relayers uh the Mev boost relayers and shows you where Tornado cache transactions are able to actually be be processed so he added I believe the new relays here uh as well so the ultrasound relay relay or gnosis

relay and also the austis relay are the one that was spun up just last week and you can see here where Tornado cash transactions are actually being uh relayed via so the ones that are outside of this map obviously ones that aren't using Mev boost so it's going to non-emov boosted blocks but in terms of ones that are being processed by Mev boosted blocks it's just blocks route Max profit right now because blocks route Max profit has the vast majority of that market share and they're much you know they're most likely to capture that um but in saying that you can see kind of like the regions here of where that would actually be uh processed through so the gnosis one the ultrasound money one uh the relay all the iostos uh blocks route ethical and would be all

the ones where Tornado cash transactions could appear whereas Eden manifold flashbots uh and block chart regulated and block native that it wouldn't show up there because they are the ofak compliant relay so again I just love this visualization it's great I'm glad to see Tony update it with the new relayers here and we really have like such a healthy relay ecosystem these days and I I I've talked about this so much but I think it's just critically important to keep reiterating that and I don't think this is it I think there's going to be more and more as as time goes on all right speaking of Mev boost and relayers this is a really great visualization that Bert Miller from flashbots put out so you can see here block Builder success rate uh percentage on a daily time frame and you can see

all the different Builders here on the right hand side and then their market share so you can see that flashbots dominated for quite a while and this is this is from September 15th to November I believe November 30th or something like that so this is about uh two and a half months worth of data here but basically you can see the flashbacks was extremely dominant for quite a while but then in November I guess like 12th or something uh their dominance basically shrunk enough where you can see that they're like not even distinct now you can see that uh block uh blocks route Max profit is in there in the gray the green is build a 0x69 which is the relay all Builder uh then the uh the dark green I'm not sure who that is but that's there as well as it

as a share so it just looks a lot more um I guess like a little more healthy because you can see that it's not just dominated by the blue which is flashbots but it's a much more evenly distributed so I thought that was just a really great way of visualizing that and that's exactly what we want to see we don't want to see obviously uh they're just being dominated by one color or the majority being one color I mean I can't really either percentages right now but it seems like flashbots for all of September and like uh I guess some of October had uh I mean 60 70 of the dominance here I think you can see actually an on September 18th 19th if I'm eyeing the chart they had like a huge dominance there right I think it was like uh 90 or something like that

and that's come down over time and you can see how well this look now I I do want to stress that this is uh Builders not relayers so those things are actually distinct there uh but yeah this is not showing the relay a share but the similar thing has played out where flashbots's dominance has gone down not as not to this extent but it has gone down over time and other relays have gone up all right so 0x are not going to make it you put a tweet out over the weekend where they said metamask allows rpcs slash infuro to link all of your addresses together so I forked it and removed these privacy leaks no more require requirements to send all addresses in metamask no longer leaks all addresses in a hardware wallet when connected can change RPC of default

ethereum network uh running this Fork allows you to use metamask while keeping your privacy and it's easy to verify this since it's only a changes eight lines of code from the latest stable version of metamask so you can go check this out I'll link it in the usual description below but yeah there's two main things I want to say here first is while there's only eight Alliance of code that have been changed here if you can't read that code yourself maybe ask a friend that can or maybe you know I guess like see if there's any comments on on GitHub or any comments in the community about this I haven't seen anyone calling this out as being dodgy or anything but obviously whenever someone you know Forks a better mask or creates a new wallet there's always a a little bit of a risk there that there

wasn't and previously and then on top of this this is funny because metamask actually has a license on it that says I I believe this is correct uh I might be wrong here but I believe this is correct it says that if your fork of metamask has more than ten thousand it's either daily or monthly active users then you have to basically get a license from metamask to use uh to keep using it to keep it live um now as I said I might be wrong on the facts there but I I do believe that that license is still in place and I do believe that there is a limit to how many users you can have before metamask uh basically comes knocking and says hey you know you're using a minimizing a commercial capacity right now uh you know pay up or you know 16 desist so to

speak now in saying that I don't know if Xerox not gonna make it is doxed or not uh they are the the Builder behind D5 llama and other another and some other D5 protocols here but the thing is is that metamask can only shut down these things if they are able to get a cease and desist from the developer themselves so if the developer is ain't on I'm not sure what metamask can do here and I'm not even sure if metamask would waste the effort to do this I mean to protect the license they may make a little bit of noise about this and send a letter out but would they actually chase the person through the courts to get this thing removed I don't know they could go to GitHub directly and say Hey you know this project is breaking our license can you remove it and I'm sure GitHub would

but that doesn't stop the code I mean you can just host the code wherever you want so yeah it remains to be seen I don't think there has been a large-scale fork of metamask uh since the license came into place um for for us to see how it exactly play out but those are the two main things about this that to keep in mind the the third thing uh is is obviously the the positives behind this this is really great that someone has done this and removed these requirements honestly metamar should be doing this themselves it seems insane to me that they aren't doing this if they and and Dan Finlay from metamask and consensus have also come out and said that they don't actually do anything with this data so change the RPC of of the default ethereum Network I mean basically allowed so you can remove inferior

altogether if you want to because right now you can't remove inferior you can add your own RPC but you can't remove inferior at all uh which is obviously problematic problematic um and and also change the the leaking of all these addresses and and IPS that get sent to metamask and inferior you can still do your DDOS protection but there's no reason to just collect this data in the first place and make it so that people essentially end up being docked and it's really shitty because uh essentially like if you have an ens attached to your ethereum address through metamask and then you connect your Hardware wallet to it or if your hydro wallet has an ens on it then all those addresses get bundled together and sent to metamask and inferior and they're able to tie it all to use which is obviously a very big privacy concern

so maybe metamask changes this for themselves and we don't need these Forks in the future but there is this Fork available to you if you're concerned about your privacy all right so uh Tyrannosaurus aim here he changed his name he used to just be Haim uh introduced something over the weekend called inevitable ethereum which is a new Wiki style site dedicated to ethereum the world Computer History Finance computer science elliptic curve cryptography everything needed to see the future to see what I see ethereum is inevitable now this is funny because this came I think a day or two after that Eric and I announced that we were sunsetting ethub at ethub originally started off as a Wiki style site for ethereum and it kind of became obsoleted by ethereum.org to an extent but at the

same time I do think there's still things at ethereum.org doesn't cover and I do think there's value to having a Wiki maintained by a Community member in saying that as well it was kind of hard for Eric and I to maintain ethub the wiki uh it was open source anyone could contribute to it but it still was uh kind of quite hard to to maintain it because it was a full-time job we weren't paid for or anything like that but I think what Amy's doing here is that he's been doing a lot of Twitter threads over the past few months I think he's just porting those over to this Wiki to bootstrap the content and then getting people involved with it as well to help him with it so I definitely think that you should go check this out it's got a lot of great reading material

that that is very very valuable for everything got to do with ethereum and even Beyond ethereum a little bit like some of these Concepts obviously apply to ethereum but also applied to other other networks and other things in crypto so yeah I just wanted to highlight that for you guys you can go check it out I'll link this in the YouTube description below all right so there was a bit of drama today uh and I guess like the last couple of days over this EIP called eip1153 which has been which is an EIP that uh was slated for inclusion or at least considered for inclusion in the Shanghai update and he's not going to be included in Shanghai now one of the people or I guess like teams pushing this EIP forward and one and working on

it and wanting to get it included was uni Swap and they were obviously pretty devastated when it wasn't it wasn't going to be included in Shanghai and uh they're gonna have to wait uh till maybe the fast follow Fork after Shanghai for this to be included now of course this lens lends itself to a lot of conspiracy theories around why unisop wants this and I want to say a few things here one this EIP is not something that unisop created this is actually a really old EIP I believe it is as old as 2018 so it's a four year old EIP that has kind of resurfaced and and people interested in building it out because it would benefit not only uni swap but a lot of different different projects on ethereum and the reason why it would benefit a lot of projects on ethereum is because

it is a an OP code uh sorry gas op code change here and everyone uses gas on ethereum right this is not something that uni swap alone benefits from so I don't like the framing that people are bringing up around uh governance being captured by private interests and you know private uh private interest that unisop I have like a shadow cabal where they're talking to core developers behind closed doors and trying to get this through because for one it didn't get through in Shanghai and we don't know if it's going to get into the next Fork after Shanghai which is actually called I believe it's called capella or something maybe maybe I'm getting that wrong there but the next book after Shanghai it wasn't done behind closed doors it's been very public as I said the Erp has been around since 2018 it's been four years the entire governance

process is really public yes for sure there are private conversations that happen between different people that that that obviously aren't made public but the actual Erp process itself to get something included that's all public right uh and and and I just feel like these framing of ethereum governance being captured over this Erp specifically is super weird and I don't agree with it at all based on the facts that we have and also there was a thread from Adam cotran today that was basically mostly misinformation about this EIP so if you did read his thread uh don't I mean don't really put too much stock in it I can't believe he did 24 tweets for this thread as well which basically as I said most of it was wrong there's a thread here from Moody who says that Adam's thread is false the uh

transient storage which was the um which is the AIP does not have any refunds it's not a Dos vector and the implementations are explicitly dos tested to quote uh Martin Swede who's a long time ethereum developer uh it's a nice feature of course we'd want it so it's as I said it's not just uni swap that wants it it's a and and would benefit from it it's a lot of different projects on on ethereum here and also one other argument that people bring up about unisop it it's kind of like orthogonal to this but I think it's worth mentioning is that they say unit has too much of a monopoly it's like okay yeah unisop is really really dominant in the amm space everyone knows that right but to say they have too much of a monopoly is kind of funny to me because there's been lots of other amms

that have tried to compete with uni swap a lot of them have just forked uni swap V2 and not really done anything else literally just forked it stuck a token on it with liquidity Mining and hoped that people would come there whereas uni swap has continuously innovated they brought out V3 which is a huge Innovation they slapped a two-year license on it because they didn't just want someone coming along and being like okay well I'm gonna Fork unisoft V3 Fork all this work that they've done slap a token on it and just you know I guess like try to vampire attack liquidity from uni swap now you can debate the merits of a business license for all you want but I totally understand the reason why they did it and at the same time just forking uni swap is not competing with uni swap at all you're never going

to beat them at their own game so what you need to do is you need to actually innovate and build something and build another exchange a decentralized exchange or an amm from scratch using novel techniques that unisop keeps innovating on but you need to do it yourself to compete with them and at the end of the day liquidity begets liquidity as well unit's obviously so dominant because there's liquidity there and of course multiple and liquidity because there's already liquidity and so on and so forth and as well they don't take a fee right at all right now now again you can argue and debate the merits of that until the cows come home but I'm not here to debate that point but because they don't take a fee it's actually better for the liquidity providers which again makes more people want to provide liquidity and liquidity

but gets liquidity and so on and so forth right so I'm not saying that unisop should have a monopoly or that uni swap is a monopoly or that that we should give up on competing with them but no one's even really trying like Fork as I said forking uni swap V2 is not trying right you're not going to be able to compete with V3 by just V2 and for sure as soon as the license is up for V3 which is actually uh very soon people are going to Fork it but by that point unisoft V4 is going to come out and they're going to sap another license on it so if you actually want to compete stop Unison stop copying them and actually really innovate right because as I said you can't beat them at their own game uh and and I and I think

that they uh and the thing with unisop is that it's not centralized right unitop contracts are fully decentralized on ethereum no one is barred from using them yes the unisop front end uh does bar certain people from from using it but that's the front end and I stress this a lot front ends are not D5 protocols front ends are front ends defy protocols or D5 protocols you can still access uni swap from anywhere and you can do it directly through your own full node you know uh on your own coding up yourself if you wanted to if you're that technical you can interact with it through etherscan you can do it through many number of the other other front ends out there for uni Swap and the same is true for pretty much every D5 protocol that is actually decentralized and I really just hate all these bad

narratives that kind of flow up yeah especially ones around ethereum governance being captured it's so stupid people will say oh well you know the governance process may be transparent but I don't even hear about it it's like well it's what so we're supposed to go they're privately DM you the entire entirety of a governance process for an EIP just so you can basically feel comfortable that ethereum governance hasn't been captured that's not how it works if you actually care about ethereum governance then you would be paying attention to it it's not actually hard to follow along with it you could literally just listen listen to the core devs uh call every two weeks and get the gist of it right then you can dive deeper in all the public uh and all the public information that's out there all the channels are public you don't have

to uh trust anyone it's all there out in the open for you to see so for people to say that oh yeah you know uh it might be public but like I don't hear about it very often I'm sorry but that's just go out and listen I mean you could even just watch the refuel right and get the gist of it too I cover a lot of the core developments all the time but if you actually care about the Erp governance process itself it's totally open go watch the core devs calls go watch the consensus layer calls go watch all the calls like if you actually care then do that now that's not to say that we shouldn't make it easy people to digest the information for sure we should and there is people there are people that do that there are blog posts that do that there is me that does that

there is Bank list that does that there are other Educators that do it so I just think that people are trying to push their own narrative in a gender around ethereum governance and it's probably going to get worse from here as ethereum grows there are kind of like governance struggles at times for sure and I think that eventually you know in the future maybe five to ten years ethereum as a protocol will ossify because the governor's process will become too messy it'll be very hard to get people to agree on changes to the protocol and the protocol basically just ossify completely and we'll do all of our Innovation at higher layers which is actually to be honest the end goal of ethereum that should be the end game of ethereum to eventually just ossify be it protocol that is either uh either is no changes or extremely hard to change that

to me is valuable only when you get to the point where it makes sense Bitcoin ossified way too early that's why they keep losing dominance and that's why Bitcoin is so limited but ethereum will eventually get to a point where people will say okay well ethereum protocol does everything we needed to do in at to an extent yeah maybe we could add this and this to it that might give us a marginal Improvement but it's not worth you know going through the entire governance process but going through a messy process of years and years just to get this in that's just kind of leave it at that right so just so to speak so just a bit of a rant on that because I was just seeing so many bad takes today and wanted to I guess uh give you give my thoughts on this because I'm sure you

guys saw it too but on that note last thing to talk about quickly was that a Bitcoin uh for the first time ever UNICEF Innovation is facilitating a quadratic funding or grants round for 10 impact Focus Innovative projects from around the world and you can support them at gitcoin dot info UNICEF I did cover this a few weeks ago that gitcoin would be working with UNICEF but it seems to be live today so you can go check this out if you're interested in it I'll of course link this in the YouTube description below for you but I'm out of time for today so thank everyone for listening and watching be sure to subscribe to the channel if you haven't yet give that video a thumbs up subscribe to newsletter join the Discord Channel and I'll catch you all tomorrow thanks everyone