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The Gwart Show | Blockspace Media
Blockspace Media
85 episodes
2 days ago
Through conversations with crypto’s brightest lights, Gwart embarks on a one-man crusade to find the real value of cryptocurrency. Once weekly episodes with guests. Pseudonymous, Gwart is a crypto-Twitter troll and thinkboi seeking answers to non-existent problems in blockchains. Follow along for the most colorful conversations in crypto.
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All content for The Gwart Show | Blockspace Media is the property of Blockspace Media and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Through conversations with crypto’s brightest lights, Gwart embarks on a one-man crusade to find the real value of cryptocurrency. Once weekly episodes with guests. Pseudonymous, Gwart is a crypto-Twitter troll and thinkboi seeking answers to non-existent problems in blockchains. Follow along for the most colorful conversations in crypto.
Show more...
Tech News
Technology,
News
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Why The Internet Is Too Slow for Trading Now
The Gwart Show | Blockspace Media
1 hour 19 minutes
2 weeks ago
Why The Internet Is Too Slow for Trading Now
Austin Federa, founder of Double Zero, joins us to talk about building a new internet optimized for blockchain. We dive into how Double Zero uses private fiber networks from trading firms like Jump to reduce jitter and latency for validators, why proof-of-utility beats proof-of-stake for infrastructure, how they secured a rare SEC no-action letter, and the wild token launch that had everyone screaming online.Subscribe to the newsletter! https://newsletter.blockspacemedia.com# Notes:• Double Zero has 30% of Solana validators connected• Network has $23 billion in total connected value• Validators pay 5% of block rewards as fees• 50% of revenue is burned, 50% to fiber contributors• Token launched at $0.075, spiked significantly• 7.5% free float, 34% circulating supply at launchTimestamps:00:00 Start02:18 Launching DoubleZero03:37 Layered protocol stack08:00 Partnering w/ high frequency trading firms09:28 Monopolies vs Open Source12:43 What is "jitter"?15:14 Reducing jitter16:58 Current public internet market making18:13 Flash Boys comparison19:57 Fiber quality tiers21:39 Fiber vendors22:28 High quality fiber uses24:01 Fiber is actually 2/3 the speed of light24:51 Fiber uses in TradFi27:20 DoubleZero stakeholders30:00 Fiber bandwidth limits30:50 Opting into DoubleZero33:13 30% of stake weight on Solana34:57 How much faster?36:18 First mover advantage?37:13 Solana MEV & speed37:51 Is DoubleZero a blockchain?40:51 Fees & rewards42:44 Burning tokens44:22 Chain agnostic45:47 $23B in "connected value"?46:51 Holding DoubleZero tokens49:08 Legal & trust design50:25 Validator rug pulls?51:45 Malicious validators53:34 Reasons why firms would NOT use DoubleZero?55:22 Geography matters57:47 Proof of utility59:51 B2B utility token1:02:34 SEC letter1:04:45 Subject framing for the SEC1:08:22 Token sale1:08:58 Token NGU1:10:05 Binance Alpha1:12:09 Online hate a distraction?1:13:18 Initial token float?1:15:15 Token unlock schedule1:16:50 FUD fightingThe Gwart Show is sponsored by Ellipsis Labs: https://www.ellipsislabs.xyz/ Learn more about your ad choices. Visit megaphone.fm/adchoices
The Gwart Show | Blockspace Media
Through conversations with crypto’s brightest lights, Gwart embarks on a one-man crusade to find the real value of cryptocurrency. Once weekly episodes with guests. Pseudonymous, Gwart is a crypto-Twitter troll and thinkboi seeking answers to non-existent problems in blockchains. Follow along for the most colorful conversations in crypto.