4th Week of October, 2021 ***** 📣 POOLTOGETHER | DEFI LOTTERY https://bankless.cc/PoolTogether  ***** BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🧙‍♀️ ALCHEMIX | SELF-PAYING LOANS http://bankless.cc/Alchemix  ------ Topics Covered: 0:00 Intro DAOpunks: https://twitter.com/DAOpunksNFT/status/1452700209029472258  7:00 MARKETS 7:20 BTC Price 7:54 ETH Price 8:50 ETH/BTC Ratio 10:25 DeFi Action 15:30 Uniswap Volume https://twitter.com/Uniswap/status/1452673839654113291?s=20  16:54 Polygon Transactions https://twitter.com/MihailoBjelic/status/1452797571227918342  18:47 8m ETH Staked https://launchpad.ethereum.org/en/  19:44 Ethereum Fees https://twitter.com/drakefjustin/status/1392556085941350400?s=20  25:00 RELEASES 26:00 GMI Index https://twitter.com/banklessDAO/status/1453055618948939784?s=20  28:07 Across Protocol https://twitter.com/AcrossProtocol/status/1452645990750695433  28:42 Argent to Starknet https://twitter.com/StarkWareLtd/status/1452656894724747265  30:08 XDEFI Token https://xdefi-io.medium.com/xdefi-wallet-token-economics-3378187df2b4q322  31:18 Metamask https://twitter.com/MetaMask/status/1453089090908262404?s=20  32:22 Why Optimism? https://twitter.com/justinjmoses/status/1453389396963700737?s=20  34:37 Ultra Scalable Ethereum https://newsletter.banklesshq.com/p/ultra-scalable-ethereum  38:38 Parallel https://twitter.com/techcrunch/status/1451216968724406272?s=21  39:42 Meta4 Capital https://twitter.com/aarontcadena/status/1451417795556638720?s=21  41:24 Alchemy https://twitter.com/fintechfrank/status/1453708525067251713?s=20  42:58 Hyy.pe https://medium.com/hyype/hyy-pe-raises-2-mn-in-a-funding-round-to-build-a-social-storytelling-platform-b25dd9960bbc  45:08 CoinList  https://www.theblockcrypto.com/post/122005/coinlist-new-funding-100-million-valuation-1-5-billion  46:15 Jobs https://pallet.xyz/list/bankless/jobs  48:00 NEWS 48:13 Disney NFTs https://www.ledgerinsights.com/disney-to-launch-nft-digital-collectibles-with-veve/  52:00 SHIB https://twitter.com/MorningBrew/status/1453445533754855433  59:52 WorldCoin https://twitter.com/sama/status/1451203161029427208?s=20  1:06:47 Goldman Likes DeFi https://blockworks.co/goldman-sachs-defi-has-its-advantages-over-traditional-finance/?oly_enc_id=9918E2523689A0T  1:07:30 Hacks Polygon: https://decrypt.co/83997/polygon-dodges-850m-hack-pays-record-2m-bounty  Cream: https://thedefiant.io/cream-finance-third-largest-exploit/  Secure Apps: https://twitter.com/cyounessi1/status/1453377961198071816  1:13:57 Reddit NFT Platform https://www.thestreet.com/crypto/defi/reddit-is-building-an-nft-platform  1:15:54 Twitter NFTs https://twitter.com/wongmjane/status/1452373149689909248?s=20  1:17:20 Wordpress x Zora https://twitter.com/nnnnicholas/status/1453502239218225152?s=20  1:18:02 Photoshop NFTs https://www.theverge.com/2021/10/26/22745506/adobe-nft-art-theft-content-credentials-opensea-rarible-photoshop  1:18:55 Economist Cover https://decrypt.co/84508/economist-defi-rabbit-hole-nft-sells-419k-ethereum  1:19:56 Firefighters Pension https://www.coindesk.com/business/2021/10/21/houston-firefighters-pension-fund-makes-bitcoin-ether-purchase/  1:20:55 El Salvador Buys BTC https://cointelegraph.com/news/el-salvador-buys-a-smokin-hot-420-more-bitcoin  1:21:16 Coinbase Lobbying https://www.theblockcrypto.com/post/121687/coinbase-spent-nearly-800k-on-lobbying-in-2021s-third-quarter-as-part-of-influence-revamp  1:22:32 Terra vs SEC https://www.scribd.com/document/534537134/Terraform-v-SEC  1:24:38 Mastercard 1:25:25 Regulation Rumors https://twitter.com/Dogetoshi/status/1452750423912296448?s=20  1:27:11 Eric Peters https://blockworks.co/one-river-ceo-eric-peters-crypto-is-most-interesting-macro-opportunity-and-investment/  1:28:11 Polymarket Investigation https://twitter.com/CoinDesk/status/1451963547748028424?s=20  1:31:00 TAKES 1:31:30 Positive Feedback Loop https://twitter.com/TrustlessState/status/1453483897778421767?s=20  1:35:17 Unconstitutional Fed https://twitter.com/ronpaul/status/1451940261400096775?s=21  1:37:13 Hyperinflation https://twitter.com/jack/status/1451733913961783299?s=20  1:40:05 Why Fiat Worked https://twitter.com/RyanSAdams/status/1452703301846413312?s=20  1:43:39 Unrealized Gains Tax https://twitter.com/matthuang/status/1452477175655919616?s=21  1:47:02 Facebook Whistleblower https://twitter.com/Jessicalessin/status/1452441900808433667?s=20  1:48:32 Owning NFTs https://twitter.com/3LAU/status/1452774836153905155?s=20  1:48:55 What David’s Excited About 1:50:20 What Ryan’s Excited About 1:55:12 MEME of the Week https://twitter.com/banklesshq/status/1452263812183347201?s=21  ----- Not financial or tax advice. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 

In a special State of the Nation episode, David and Ryan unpack the concept of 'modular blockchains'. Are modular blockchains the path to ultra blockchain scalability? YES! ***** POOLTOGETHER | DEFI LOTTERY https://bankless.cc/PoolTogether  ***** SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  ALCHEMIX | SELF-PAYING LOANS http://bankless.cc/Alchemix  ------ Topics Covered: 0:00 Intro 10:00 Consensus, Data, and Execution 16:55 The Scalability Trilemma 22:18 Developing in Parallel 29:00 Computer Chips & Nature 35:02 Modular Blockchain Design 43:10 Sharding & Data Availability 51:23 Consensus & Proof of Stake 57:06 Decentralization 1:01:55 Synergies 1:06:30 More Security 1:10:59 Future of Monolithic Blockchains 1:19:32 Triple Point Asset 1:25:19 Ultra Scalable Ethereum 1:31:45 Interest of the Token Holders 1:35:24 Ethereum's Roadmap 1:37:45 Closing & Disclaimers ------ Resources: Modular is Revolutionary: https://polynya.medium.com/processors-blockchains-modular-is-revolutionary-ded01824b603  Market Monday: https://newsletter.banklesshq.com/p/ethereum-2025  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures