Today we're joined by Mike Ippolito, co-founder at Blockworks, who's here to breakdown his take on the Blockchain trilemma and how Ethereum, Solana, and Cosmos chains all attempt to solve it.

This wide ranging interview asks great questions and shines a light on what a multi-chain future might look like.
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✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-blockchain-trilemma/
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Resources:

On the margin podcast:
https://podcasts.apple.com/us/podcast/on-the-margin/id1558223079

Mike:
https://twitter.com/mikeippolito_
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TIMESTAMPS

0:00 Intro
6:13 Intro To Mike
11:16 The Three Frontiers
19:11 Recap and Overview
25:58 Different Approaches to The Scalability Trilemma
31:42 Explaining PEPC
36:13 A Point By Point Walkthrough
45:29 Ethereum Vs The Invisible Hand
56:58 Should The Free Market Be in Control?
1:01:11 Moloch
1:08:13 Solo Validators
1:10:31 Defining Decentralization
1:15:49 Power Law Winners
1:19:03 Roll Apps vs App Chains
1:29:09 Defining Soverign Rollups
1:33:29 Sequencer Incentives
1:36:20 Exploring The Superchain
1:41:31 Price Discovery on Chain
1:44:15 Making Crypto Accessable
1:48:50 Permissionless Panel
1:51:29 Outro and Disclaimers

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠

186 - The Blockchain Trilemma - ETH Vs SOL Vs ATOM with Mike Ippolito

Bankless

00:28Convergent Evolution: Exploring Ethereum, Salana, and Cosmos

Convergent Evolution: Exploring Ethereum, Salana, and Cosmos

03:35The Future of Crypto Economics: Exploring Different Ecosystem Strategies

The Future of Crypto Economics: Exploring Different Ecosystem Strategies

08:20The Convergence of Blockchain Architectures

The Convergence of Blockchain Architectures

13:28Validators in Blockchain Ecosystems

Validators in Blockchain Ecosystems

13:55Comparison of Ethereum, Cosmos, and Salana

Comparison of Ethereum, Cosmos, and Salana

18:38Prioritizing Decentralization, Scalability, and Security in Blockchain Ecosystems

Prioritizing Decentralization, Scalability, and Security in Blockchain Ecosystems

20:17Strategies for Blockchains: A Triangular Approach

Strategies for Blockchains: A Triangular Approach

25:11Shared Security Challenges and Solutions in Blockchains

Shared Security Challenges and Solutions in Blockchains

27:48The Role of Professional Node Operators in Cosmos

The Role of Professional Node Operators in Cosmos

32:31Layer Ones: Ambitions and Strategies

Layer Ones: Ambitions and Strategies

33:51Ecosystems and Strategies in the Blockchain Space

Ecosystems and Strategies in the Blockchain Space

36:12Solving Scalability for Future User Growth

Solving Scalability for Future User Growth

41:20The Evolution of Ethereum and Other Networks

The Evolution of Ethereum and Other Networks

47:31Embracing Diversity in Blockchain Ecosystems

Embracing Diversity in Blockchain Ecosystems

48:45Organizing Diversity of Thought Through Ecosystems

Organizing Diversity of Thought Through Ecosystems

52:30Balancing Governance and Innovation in Decentralized Networks

Balancing Governance and Innovation in Decentralized Networks

55:56Ethereum's Approach to Decentralization and Cryptographic Breakthroughs

Ethereum's Approach to Decentralization and Cryptographic Breakthroughs

1:01:08Waiting for Societal Shift and Concerns about Malak

Waiting for Societal Shift and Concerns about Malak

1:03:14Decentralization and Solo Validators

Decentralization and Solo Validators

1:06:42Vision and Different Ecosystems

Vision and Different Ecosystems

1:09:35The Significance of Culture in Companies

The Significance of Culture in Companies

1:12:58Comparing Ethereum Roll Apps and Cosmos App Chains

Comparing Ethereum Roll Apps and Cosmos App Chains

1:15:42The Tradeoffs and Benefits of App Chains in Crypto Economics

The Tradeoffs and Benefits of App Chains in Crypto Economics

1:18:44The Role of Money and Exporting Blockchain Properties

The Role of Money and Exporting Blockchain Properties

1:22:00Understanding the Future of Rollups and their Relationship with Ethereum

Understanding the Future of Rollups and their Relationship with Ethereum

1:25:18Decentralization Challenges and Considerations in Rollups

Decentralization Challenges and Considerations in Rollups

1:28:31The Concept of Super Chains and Sequencers

The Concept of Super Chains and Sequencers

1:33:47Mev Value Accrual and Proof of Governance

Mev Value Accrual and Proof of Governance

1:35:52The Complexity of Crypto Education

The Complexity of Crypto Education

1:38:29Curiosity and Exploration in the Crypto Landscape

Curiosity and Exploration in the Crypto Landscape