The Chopping Block: Is Ether the Only ‘Organic Yield’ in Crypto? - Ep. 477

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news. In this episode, they are joined by Laura Shin, author, journalist, and host of Unchained, to discuss the drama around the Arbitrum governance’s proposal, the MEV attack on Ethereum, the Shanghai upgrade… and much more!

Show highlights: 

• what the intentions behind Arbitrum Foundation's ratification poll were
• why Tarun says that it was suggested by a crypto lawyer
• what will happen to Ethereum staking after the Shanghai upgrade
• how ETH provides 'organic yield,' according to Tarun
• whether staking makes ETH a security 
• how a validator on Ethereum got slashed after a $25 million MEV attack
• the drawbacks of how Proof of Stake requires a locked stake, while Proof of Work allows joining and leaving freely
• whether Tarun should cut his hair (yes, this was actually discussed)

Hosts

• Haseeb Qureshi, managing partner at Dragonfly 
• Tarun Chitra, managing partner at Robot Ventures
• Tom Schmidt, general partner at Dragonfly 

Guest

• Laura Shin, author, and host of Unchained

Disclosures

Links

Arbitrum DAO

• Unchained: Arbitrum Backtracks on AIP-1 After Community Backlash 

MEV attack

• Unchained: Rogue Ethereum Validator Slashed After $25 Million MEV Bot Attack

Euler hack 

• Unchained: Euler Hacker Returns All $200 Million Stolen in Exploit

Shanghai: 

• Unchained: A Guide to Ethereum’s Shanghai Upgrade
• Single Secret Leader Election
• Gauntlet’s View on the Shanghai Upgrade

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