Ultra sound day, MEV Watch launched and more - The Daily Gwei Refuel #456 - Ethereum Updates

Transcript

hello everyone and welcome to another episode of The Daily way refuel where we cup the latest news in ethereum ecosystem I'm your host Dan and it's Asana until the 28th of September 2022. all right everyone let's get into it so apologies for yesterday guys um I realized after I put the refuel out on Monday that at the end I mentioned that I wasn't going to do a refuel for the Tuesday but I did mention it at the start so apologies for that I just took a day off uh but obviously I'm back today and there won't be any other days off uh this week so expect the refuel every day this week uh but with that out of the way let's jump into the news from the last 48 hours starting with uh there was a meeting that uh some Central Bankers were having from the US powwow

Powell uh the EU was Lagarde uh and a few others and uh Lagarde the EU Central Bank uh I can't remember the exact title she has but she basically said well she mentioned the case of dokwon warranting Need for regulation within crypto so this uh meeting was about crypto I think specifically or digital currencies as they're calling it they like to go up their own specific names there and I quoted this and I said you know I still don't think people realize how much damage Terror and dokon has done to crypto look there's a lot of different opinions here and I'm not going to say that Terra and doroquan are alone in the damage to crypto's reputation outside of the ecosystem right and then people screaming for regulation and stuff like

that and Hayden Adams from uni swap uh reply to my tweet with I I what I thought was a really good reply said you know dokon didn't make Terror into a 60 billion ecosystem the market did the Great in stupidity of many different people caused this I agree with that but I then replied by saying you know of course it wasn't just him alone but he has a very he was a very loud figurehead and acted as Tara's main marketing vehicle and obviously that worked wonders to grow Terror into a 60 billion ecosystem doe could have prevented a lot of the harm too by not being a turtle Cowboy he could have prevented so much of the harm right like Not only was he building something that a lot of smart people told him was going to fail but on top of that he could have put guard

rails in right he just let the thing grow as as fast as possible as as big as as he could get it with lots and lots of money pouring in and that's why I mean by like total Cowboy right there was no guarded launch there was no guard rails put in place there was nothing like that all there was was basically let's grow this thing as high as we can and obviously things were pumping and no one really cared because it was a bull market and everyone's like yeah everything's fine like Luna's mooning uh UST supplies growing we're going to kill dive we're going to kill all these stable coins it's going to be amazing obviously that didn't pan out right so we shouldn't just blame obviously dokwan and the terror ecosystem alone there's some a lot of the blame definitely lies with the people that enabled this of

course and and the greed and the stupidity around that um but I think that that doesn't excuse the fact that the people who created it the people who promoted it the most and and you know people who designed it uh at the root of the issue here and as I said like I think that people don't realize that this has done a lot of damage in that Regulators are looking at crypto a lot more than they were they're looking at how many people have lost money from things like the terror collapse which a lot of people lost money on guys it wasn't just on the lunar token this is this this was the main problem with terad it wasn't just the lunar token it was UST and people went into UST thinking that it was safe because it was called a stable coin because it was pegged to a dollar or at

least soft Peg to a dollar right they thought they were safe well then the governments look at this Regulators look at this and they're like well we can't have this going on we can't have people thinking that they're safe in these things and then they're not right I I you know you guys know my general view on regulation now so I'm not going to go into that but that's how they look at these things and there's obviously people going that have lost a lot of money uh they're doing lawsuits and stuff like that and that's all costs that that pile up and that's all things that look bad or at least governments think look bad on themselves for not regulating this stuff so the regulations come down they think they need to protect everyone and to be honest like it becomes harder and harder to argue

against uh certain regulations for people because like a lot this is a broader discussion so I'll try to keep it keep it on topic but this goes in with everything in life people in general have a really hard time controlling this themselves I'm very guilty of this I'm sure everyone is you know listening and watching this is very guilty of this in certain areas of your life we don't have total control over everything right we have weaknesses we're human at the end of the day but I think it becomes a massive problem when it involves money like when for example gambling gambling is a huge problem should we outright band gambling I don't think so should we heavily regulated well I mean it doesn't matter if we should or shouldn't it's been heavily regulated like uh I mean in the US I think up until recently or maybe it

still is uh online sports betting was banned I don't know if it's still banned but it was banned which is really crazy to me because in Australia online sports betting is massive like it's everywhere it's actually a culture shock for people who haven't come who haven't been to Australia to see that it's literally everywhere I don't pay much attention to sport but whenever it's just on TV every single ad break without fail is littered with gambling ads and it's for the mobile app you just down download it and they'll give you like 50 bucks to start or something and then you know that's their way of drawing you in and slot machines are also absolutely massive but the slot machines are heavily regulated so uh the the gambling apps but at the end of the day I mean people are still going to use them people are still going

to play them and they can still get access to them so I think regulations don't really serve the purpose that people want them to serve there's always that the governments want them to serve there's always ways around it people always do what they want to do they find ways around it and people have very self-destructive behavior when it comes to addictions I mean I've been into the things in the past I mean I struggled a lot with my weight for a very long time I was very addicted to food I would eat just whatever I wanted whenever I wanted it wasn't healthy it was really really bad uh and once I finally lost the weight I mean it it was hard because I tried many many times to do that it was very hard for me to to basically wean myself off that addiction that I had so

it applies to everything and everyone uh but as I said when it involves money and when it involves people losing money especially when they lose lots of of money and especially their life saving and things like that that's when the government steps in and says here we can protect you but in reality I don't think that's the case I think that people are going to do these things regardless of what protections are in place they're going to find ways to do it uh and I and I I think that generally there isn't a fix here like I don't actually think you can fix this Behavior it's been going on for thousands of years it's going to go on for thousands more years it's just human nature at the end of the day but I think what we can do to at least uh I guess help with this is we can

self-regulate within the ecosystem we can keep calling out all this stuff so that we can actually uh save or help the people who may not have that kind of like addiction or may not develop that into an addiction or that help people avoid these sorts of things I mean there's plenty of people who messaged me and was like you know thanks for I mean I didn't really call it out too much but the bankless guys called it out a lot more but either or messaging me saying you know thanks for calling out Tara I dodged a bullet there so that sort of stuff obviously is is maybe on the smaller scale side of things but I don't think we should stop doing that and as I said I also think that projects within crypto whether they be on ethereum otherwise should put in guard rails and

should have guarded launches and should make sure that uh you're listening to constructive feedback coming from the ecosystem like if someone if not just someone if a lot of people a lot of smart people are telling you that your thing is a Ponzi I mean if you're not going to listen to that if you're going to have a massive ego like doe did if you're going to completely ignore all of that advice and just keep doing what you're doing and be a total Cowboy well at that point you can be viewed as a malicious actor I think in my eyes like you're not listening to anyone you're I mean adult was on Twitter on everyone that would ever criticize Tara saying that they were just fighting that that's not self-regulation there that's literally uh in you know basically inviting as many people as you can into

your ecosystem and then once it crashes they all lose out and I know I know dokwon I mean he's on the run at the moment he hasn't been arrested yet there is actually Warren out for his arrest this is rare uh in in financial crimes it's very rare for people to actually get arrested good but there is that so I don't know I don't think that's really going to change anything and that's not self-regulation that's on the uh the government side of things but I do think as I say people still underestimating all the damage that was done here and we need to do a much better job of self-regulating but it's hard I mean you guys probably saw the last six months of 2021 when all the altar ones were exploding and nfts were exploding and obviously Tara was and no one cared no

one wanted to listen like any time you brought up anything even if you hinted at the fact that things were going to crash or there'd be a bear Market again like you would get on and then it just becomes a thing of well do you want to put up with all that abuse well I mean no right it's not even worth it like just to what save a few Souls that that actually listen to you for a lot of people it's not worth it and that's the problem with trying to self-regulate within crypto is that uh and especially online because social media is so so prevalent in our ecosystem and especially social media where people can just spin up Bots there's plenty of bots out there promoting all manner of trash right and when that happens you you don't know who's real who's not real and

just bombarded and your human brain can't take that you're just like well why would I sit here and take this abuse when I can just not say anything and that's what happened to a lot of people a lot of people stopped saying things a lot of people uh ended up saying thinking oh well okay this Terror thing might actually work right because there was just this Army of people supporting this Army of people saying that it was all fired blah blah and it kind of like tricks you into a maybe not a false sense of security but like it tricks you into believing something that you may not have believed otherwise so anyway I'm going to leave that at that because I've ranted a little bit there but I think it's very important because the bull market will inevitably come back I don't know when it's going to come back

but it will I'm going to go through the same stuff again I just hope that this time we can actually do more self-regulation than we have in the past am I holding my breath for that no because I've been in the secret system for a long time now I've seen it time and time again as I said humans do not change they are always the same because human nature takes thousands tens of thousands of years to evolve uh I mean humans in general take that long to evolve whereas the technology that we build and and the things that we do evolve a lot faster than our primitive Brands can handle when you think about it our brains are still in the same state they were when we were cavemen right when we were still basically uh uh uh you know when humans first came into

uh came into existence so when you think about that I mean it's pretty obvious that things are always going to be the same from a human perspective at least for the foreseeable future because as I said Evolution takes a long time and uh as humans we innovate way faster orders of magnitude faster than we can evolve uh to you know to actually handle that and I think social media generally is a big example of that as well in that I don't think humans have evolved to a point where social media is actually part of our being and we can actually cope and handle it because social media has caused a lot of issues in the world I mean I it's funny because I say that but I'm a religious user of Twitter and I think that Twitter as a platform is actually pretty bad for most things I

think Twitter is good for maybe you know getting the news seeing a few tweets and things like that uh that that kind of like gives some insight into things but most of it isn't that most of it is you know rage baiting Doom scrolling engagement farming all these sorts of stuff just for people to get attention and in on the internet attention is money right you can monetize that so I think that we haven't evolved to cope with that and that's led to a lot of Downstream problems there but that's getting on to another topic as I said I tried to keep it brief there but I do ramble a lot because I think about this a lot and I think that it's only going to get worse I really don't think there's any kind of way out of this I think that we as humans we're addicted

to social media we're Addicted to You Know crypto especially bull markets we're addicted to all these sorts of things that may not necessarily be good for us but it's very hard to break away from them especially in modern society where it's kind of like expected that you have some form of social media it's expected that you are you're you're contactable in an online way whether that be email or an instant messaging platform like these are all baked into modern society and if you don't participate in it you can feel like an outsider or feel like an outcast and you can miss out on things and you can uh you might you may be completely blocked from doing something and then if you have to do it the manual way it'd probably take much longer than doing it a digital way so it's it's kind of like

a thing where it's a vicious Loop where you try to get out of it but you can't because if you try to get out of it your life your quality of life would probably go down because you can't access certain things and yeah imagine trying to do uh banking without internet banking in this day and age it just really wouldn't work right imagine going to the bank to write a check to pay someone like it just you know what I mean like your quality of life goes down by doing that that's why we don't do it but anyway I'm gonna I'm gonna sit down going on more about it there's a bunch of other stuff to get through but just wanted to touch on that uh today all right so we had our first ultrasound day since the merge and this was kind of out of nowhere really so you can see

here that ultrasound money the Twitter account posted that the post merge each Supply was down on the daily a negative 13 eth over the over the 24 hours from where the suite was posted and uh and as I said first ultrasound day since the merge which means it was the first deflationary day since the merge which is very cool in saying that I have noted before that I don't think you should just look at the day-to-day issuance changes within ethereum as anything more than noise uh and I said that when it's inflationary and I'll say the same thing about deflationary I think it's a cool metric it's fun that we have these deflationary days but what matters is weekly monthly yearly kind of issuance I think to be honest I actually think what matters is Lifetime issuance uh since

erp1559 went live have we been deflationary since that point yes well that's what matters to me I don't think anything else really matters because at the end of the day if we have been deflationary since that point like net deflationary it means that the supply has gone down uh all the supply is less than it would have been without one five five nine uh which I think is also very very important and I went through this last week a lot when I talked about how we've issued so much more eth uh uh since uh sorry so much less eth in a proof of stake world than we would have in a proof of work world and all that uh kind of around there as well but in terms of what drove this uh it was I mean it was the usual sub suspects you can see over the last seven days what's

used the most gas it's the same as the last 30 days really uh and and basically all it's the last seven days it's uni swap open c e transfers tether uh uni stop again and a bunch of other things underneath that uh it doesn't show me the day that we were um ultrasound off on here but this one shows close enough it's pretty much the same so I think activity just went up because the volatility of the market went up a little bit and people just felt like I guess doing some more trading and there was more arbing going on as well and Mev and stuff like that so as I said when the market heats up gas prices follow it's just it's it's pretty correlated a lot of the time uh because of the fact that a lot of the Unchained stuff is Financial in nature and then obviously

when the market heats up there's more financial opportunity and then we get those uh that extra burn which leads to Ultrasound uh days here so and and just like for an update here the supply chain since the merge has only been 8400 new eth uh under proof of work it would have been 165 000 new eighth guys that's just crazy I still love those numbers I love them so much uh but yeah that's that's crazy and the issuance is only at 0.19 since uh the merge and that will go down as we get more burn like if the gas fees go up again and that'll keep going uh you know when the market heats up again that'll keep going down uh so it's just yeah it's absolutely crazy I love it uh but uh but yeah enough on that one on to the next part of the news which uh there's 14

million each now staked in the proof of stake deposit contract this is pretty huge I mean you can see here on the beacon chain website that we currently have a queue so there's about 218 pending validators uh but there's been validators being added every other day like we're going I mean obviously staking right now is up only uh but it's good to see that more validators are coming in and participation rates back to what it was uh pre-merge which is also awesome to see but I'm wondering if I can get this chart up for you guys uh right now the charts are here actually uh there's a chart that shows I believe yeah validators history of daily active validators and you can see that what it was I guess uh just at that time of the merge it was about what 427 000 now it's 436 000. so I've added

about 9 000 new validators if you times that by 32 it's another 288 000 eth that has been uh added to the beacon chain here and the fun thing about that is you can actually uh uh count that as part of this if you want like as I said putting eth into staking is locking it right now until withdrawals are enabled so I won't be able to get a good view until withdrawals are enabled about how much eth is actually locked how much will be unstaked all that sort of stuff like obviously that won't happen until uh big enchant withdrawals are enabled but you can basically say that because we've locked up 288 000 eth that wasn't locked up before uh that's pretty that could add to the I guess like Supply the the supply

um sorry that could offset the new supply of eth coming into the market because it's technically locking it up it's not an exact science yeah I'm not saying that like the 288 000 eighth was removed from the supply or anything like that but for the next six or 12 months it has been removed from the active Supply to be fair and and so is I guess 14 million eighth but we won't know exactly what that looks like until begin chain withdrawals are enabled so I'm not going to put too much stock in that I'm I think I mean I'm personally very much looking forward to Beacon chain withdrawals being enabled for a number of reasons but on the market side of things I really want to just see how it acts like and it really does depend on what the price of 80s at the time I believe if

the price of each is like a thousand bucks say or what it is now what is it 1300 or something right now if that's the price of eighth at time of um of withdrawals I don't think we would see as much eth withdrawn if uh uh you know as opposed to the price being three thousand four thousand or five thousand I obviously do think as the price is higher there'll be more people withdrawing because they'll want to take profits but there's going to be a large subset of people that are not going to withdraw right they're just going to keep staking I think that the majority of the network is just going to keep staking I think what people are going to do is they're going to withdraw their rewards uh especially because a lot of people have to pay taxes so you can be

guaranteed that a lot of that eat will be sold the rewards not the stake teeth but the rewards will be sold because of taxes and people won't probably want to take profits too and maybe they're using validating as a passive income stream that actually they need the money to to pay bills and things like that that's all going to happen but I'm curious to see how much of the principle so how much of that 32 weeks uh um uh slots or 32 packets get withdrawn at time of withdrawals we'll have to wait and see how that goes there all right so uh there's this new tool out of the elaboris uh web3 product development Studio here today and this was posted in the daily wear Discord by uh crypto Spanglish so shout out to them

but it basically starts this thread by saying since the 8th merge over 25 of blocks have come through Mev boost relays a large percentage of these relays are regulated under ofak and will censor transactions we've launched Mev watch to bring awareness to this emerging censorship Vector so you guys know that the flashbot Mev relay uh currently uh um uh what was what is it what is it currently a census transactions uh uh OPAC compliant transactions so the tornado cash uh to know the cash ones so this Mev watch website tracks all of that so you can see that if you do if you exclude all blocks in just in and just include uh Mev boost only blocks currently uh 82 of the network is using flashbot so it's using uh a relayer that

is actually censoring transactions so obviously not healthy then you have a couple more here block new native and blocks route regulated and I think there's one more at your Eden which also does um the regular the uh the censorship PR but then there's a few others blocks throughout Max profit and blocks right ethical and manifold which don't do that uh censorship so you can see that I guess is very heavily uh becomes a traded around uh flashbots Mev relay I think that's just because it's been around the longest and obviously flashbots is the other creators of Mev boost so they're the most trusted but still not really great to see obviously so this site tracks all that this is this reminds me of the client diversity websites that track how diverse each of

the clients are and this was obviously put together so that we can monitor these sorts of things and encourage people to change from these censoring relays now if I click this and include all blocks this isn't this is non-mev blocks and Mev blocks so you can see here that uh it's only 24.6 percent that are censoring right now as part of those relays uh four percent isn't and uh isn't as part of the relays and then 70 1.3 percent that isn't using Mev boost relays at all is default not censoring here so I I really like this site I think it's definitely a very welcome resource for us to keep an eye on and to keep putting pressure on these different entities to make sure that uh they I mean maybe not the entities themselves

will probably put pressure on the stakers to switch to a different relay because I think the entities are not going to stop what they're doing like I think you know flashbots I believe is based in the US uh so or at least a lot of the team is based in the US so that makes sense block native definitely a us-based company I think blocks route is maybe I know blockchain maybe maybe from Israel I'm not sure uh and Eden I believe is us-based but I think when they're doing this it means that they're in a jurisdiction that they don't want to I guess they run afoul with which I guess makes sense and this is why we're working on other tools like uh sensitive resistant lists and things like that as well but go check out this website at mevwatch.info to see all the metrics CR

all right so a funny tweet thread from Chipotle today on Twitter so Chipotle is a popular food chain in the US which I've never eaten actually I haven't had it in the US yet but uh they put together a thread by and started saying you know 99.99 off a steak Bowl anyone here's why and they say ethereum's recent move to proof of stake could mean that Ethan now uses 99.95 less energy and then they continue the thread uh with a little bit of um of uh I guess like terms comp competition terms and things like that underneath but what I want to focus on is the fact that this is a major us-based company signaling support for a cryptocurrency and they're doing it by saying how much less energy ethereum uses and this goes

back to what I was saying about how I think that institutions and companies and other such entities are going to feel much more comfortable promoting ethereum than they did in the past simply because ethereum is now on proof of stake instead of proof of work so this is just a very I guess surface level example of that I don't think um I I don't think that it's representative of of of of of a trend shift just yet but I think we're going to keep seeing more and more of this at the end of the day as I said plenty of times in the past it doesn't matter if uh if that proof of work stuff is true or not doesn't matter about any of the arguments or what matters is the narrative and the narrative is against proof of work in the I guess like wider

ecosystem outside of crypto and that means that it opens the door for these companies to say hey here's a bit of a mistake it uses less energy right so I just wanted to highlight that I thought it was a funny thread uh but not promoting Chipotle at all yeah I just wanted to highlight their thread there uh but it's pretty good marketing though at the end of the day all right a fresh thread here from paulinear today or maybe is it pulling polynia I can't remember exactly how it was pronounced but I'm going to keep saying Pauline now because I've been saying that for a while but basically they were talking about uh Moore's Law and how the Nvidia CEO said that Moore's Law is dead Intel's CEO said Moore's Law is not dead crypto Shields have said Moore's law will make us two times

faster every two years uh and who is right well as always the answer is likely in the middle performance at ISO dollars or W only doubles every 46 years now so I guess Moore's law in a in terms of it happening every two years is dead but it's not dead and happening every four to six years so it's just gotten longer now uh it takes to kind of like double those transistors on a circuit out here so Paulina gives some justification as to why they believe this uh and I think what I wanted to focus on here is that you need what's happened with the hardware side of things is that Hardware is hit like a bottleneck now where to get the same to get those performance gains you basically you need to make trade-offs so essentially the trade-offs that get made

here as Paulina explains is that uh in Hardware terms a 4090 which is the new graphics card that anybody announced is only 1.5 times faster than the 3090 after two years but at a one type 0.7 Times Higher cost it gets to its two times quoted figure through software Innovations like dlss3 and RT scheduling and this is what Jensen which is the Nvidia CEO uh saying means by when he says Moore's Law is dead so basically it requires I believe more power and more resources to give those two times uh I guess um to get that two times quoted figure uh because of the fact that they had to make optimizations on the software side of things rather than the hardware side of things and that is true

for not only I guess graphics cards but also everything so uh you know this applies to crypto as Paulina says yeah to increase performance whilst keeping the cost of verification same or lower we need software Innovations like validity proofs through zero knowledge proofs more efficient algorithms for ZK proof stateless proofs stateless verification more efficient and performant client software Etc can't rely on Hardware this is why Paulina has been banging the drum for a long time and so have I about monolithic blockchains inherently being limited on unscalable as opposed and compared to layer twos in the form of zero knowledge Roll-Ups they're just they can't compete they can do software uh iterations right they can do software upgrades stuff like

that but end of the day if you are relying on Hardware to I guess speed up your ecosystem to to scale your ecosystem you hit bottlenecks that uh I guess like have extreme diminishing returns uh due to the fact that Hardware improvements have hit that wall and if you're relying on Moore's Law you know in the in the two years context well that's not true anymore you're gonna have to wait four to six years and on top of that that Hardware Improvement can come to ZK Roll-Ups as well that zika robs aren't just limited by software Improvement it can come to them as well can come to ethereum layer one so The Best of Both Worlds I still truly believe is the modular scaling road map where we do both software and Hardware Innovations but we uh we split up the concerns and we say okay well we can

throw as much hardware and software as we want layer 2 but layer one we need to keep the way it is we need to do more software upgrades than trying just trying to throw as much Hardware as possible at it because it becomes too it becomes very costly people to run a full node the network inevitably centralizes and that's no good to anyone so I'll link this right in the YouTube description you can go check it out but I thought it was a good read all right so uh epns announced today they have rebranded to push protocols so this is a a full Rebrand across the entire protocol so not just the name but also the marketing copy the graphics everything here and I should disclose that I am a senior investor in uh what is now known as push protocol here and for those of you who don't know push

protocol enables cross-chain notifications and messaging for daps wallets and users essentially they're a push notification protocol for web3 I thought it was a really cool idea when I first invested still think it's a very cool idea and I'm really glad that they changed the name because like I'm not going to say what it sounds like but if I read out epns you can probably hear what it sounds like and I don't know if they changed it because of that but I had a lot of people saying that and making jokes about it so I'm glad that they changed that plus I think push protocol is probably just a better name and you could just refer to it as push right I think that's just a better name generally and basically epns stands for ethereum push notification service which is obviously a mouthful so just saying

push protocol or push is a lot better there so congrats to them on the Rebrand here you can go check this out I'll link it in the YouTube description below all right so just a quick shout out here Waukee said today that gitcoin has funded 69 million dollars worth of Open Source digital public goods which is obviously awesome you can see here broken down by quarter tracks pretty closely with the market action you can see that the biggest quarter was in Q4 2021 because that was the is height of the bull market then we had a down quarter in q1 of 2022 and Q2 2022 again but not too much of a Down quarter and I think things still got funded there's obviously a lot of money still going towards open source projects but you

know during bull markets people feel richer they have more money they're more willing to open up their I guess wallets and give money to projects but I think the fact that we still remaining strong here is really good it hasn't gone down by like 90 plus percent like nft trading volume has gone down which means I think that a lot of this isn't speculative right a lot of this is just people genuinely wanting to support open source software which is always awesome to see I've only got a couple minutes left here I want to power through the rest of these so openc announced today that they're live on optimism this comes very shortly after they announced that they were live on arbitrim and I mentioned I think when I talked about that that I would expect optimism to come soon well here it is now you can use openc on

optimism with a bunch of different nft projects that are on there you can go check that out we'll link it in the YouTube description below uh major announcement out of polygon Robin Hood today so robinhood's web 3 wallet beta is now live and it's live exclusively on the polygon POS chain here which is another huge win for Paul gone again speaks to their absolutely massive Business Development efforts and they're the best business development team in the game I believe you guys know I'm an advisor to polygon but I think it's very hard for anyone to deny that polygon have the best business development team in the biz right now um even if I wasn't an advisor I think I'd be saying that just because they're just Landing all these massive Partnerships here so congrats to them on this and I wonder which network Robin

Hood's going to support next will they support layer twos will they support ethereum layer one will they support alt l1's we'll have to wait and see I'm sure they're going to support all of them but I'm curious about what the order is here all right so uh ens announced today that they're collaborating with pull-up and uh iyk to give some seriously sweet swag to Devcon burgada uh Bogota attendees supplies are limited in pre-registration is essential so read on to learn what you need to know to be able to get one at the event I'll link this in the YouTube description for you to read on about very cool to see this uh pull up an ens uh two of my favorite projects in the ethereum ecosystem so I love that they're teaming up here uh and on top of that I just want to mention because

people people a few people have been asking me lately I am not going to be at Bogota unfortunately I would have loved to have come but I won't be making it out there uh as I think I've said previously my next conference will probably be eth Denver in February hopefully I can get out of that one but I won't be in Bogota all right last up here I just wanted to give a shout out that vitalik's uh proof of stake book is uh still available for order here I mean it's not pre-order anymore it's actually out mine's on its way don't know when I'm getting it but it's on its way uh hopefully I'll get it soon and this book is probably you know quintessential uh or a central reading for every single ethereum in you know in the ecosystem so go order yours if you

haven't yet I'll link it in the YouTube description below but on that note that's going to be it for today so thank everyone for listening and watching be sure to subscribe to the channel if you haven't yet give it a thumbs up subscribe to newsletter join the Discord Channel and I'll catch you all tomorrow thanks everyone