Jon Charbonneau, Research Analyst at Delphi Digital joins David to talk about his recent essay titled, "The Hitchhiker's Guide to Ethereum." Proposer / Builder Separation (PBS) Danksharding and ProtoDanksharding (DS + PDS) Data Availability Sampling (DAS) What the absolute HELL are these things? What do they mean for Ethereum? What's the common theme behind all of them? And what do they mean for ETH? All of these questions answered and so much more in the livestream. ------ 📣 ALCHEMIX | Get a self-repaying loan today! https://bankless.cc/Alchemix ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALED ETHEREUM https://bankless.cc/Arbitrum  ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  🏦 ALTO IRA | TAX-FREE CRYPTO https://bankless.cc/AltoIRA  👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave  ⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido  🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger  ------ Timestamps: 0:00 Intro 6:00 The Vibe of the Ethereum Roadmap 8:50 The Hitchhiker's Guide to Ethereum 17:06 The End State of Ethereum 23:05 Data Availability Sampling 34:49 Proto to Full Danksharding 48:15 Proposer Builder Separation 54:01 Checks & Balances 56:10 Incentives in Being a Builder 1:01:50 Centralization 1:03:50 Comparing Ethereum’s Scaling Strategies 1:05:54 Value Capture 1:07:20 How Jon Understands Everything ------ Resources: Jon Charbonneau https://twitter.com/jon_charb  Delphi Digital https://delphidigital.io/  The Hitchhiker's Guide to Ethereum https://members.delphidigital.io/reports/the-hitchhikers-guide-to-ethereum  Valuing Layer 1s - Memes, Money, or More? https://members.delphidigital.io/reports/valuing-layer-1s-memes-money-or-more  ----- 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 

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/120-debrief  ------ Marc Andreessen was a key player at the genesis of the internet. Chris Dixon is the master of Web3 mental models.  The journey of a16z is the history of the internet—from Web1 builders to Web2 disruptors. And now they stand as core capital infrastructure of Web3. Having just announced the $4.5B raise of their Crypto Fund IV, as well as their new web3 Podcast, this episode will break the internet... or fix it. ------ 📣 SUBSCRIBE to the NEW a16z PODCAST: https://link.chtbl.com/HObAJQDL?sid=bankless  ------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALED ETHEREUM https://bankless.cc/Arbitrum  ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  🏦 ALTO IRA | TAX-FREE CRYPTO https://bankless.cc/AltoIRA  👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave  ⚡️ LIDO | LIQUID ETH STAKING  https://bankless.cc/lido    🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger   ------ Topics Covered: 0:00 Intro  5:30 The Internet Problem 13:47 Encryption & Regulation 20:20 What the People Want 26:04 Cathedral and the Bazaar 34:07 Internet History Rhymes 39:46 Net Neutrality 47:15 An Improved Design Space 53:30 Speedrunning Everything 59:24 The Web3 Solution 1:03:55 The Mature Internet 1:11:50 Art and the Internet 1:15:21 Web3 Critics 1:19:15 Political Ideology 1:25:13 Marc’s Advice 1:31:25 Closing & Disclaimers ------ Resources: Marc on Twitter: https://twitter.com/pmarca?s=20&t=KszkLZCPKDd3zwBLcU0aiA  Chris on Twitter: https://twitter.com/cdixon?s=20&t=KszkLZCPKDd3zwBLcU0aiA  5 Mental Models for Web3: https://shows.banklesshq.com/p/-90-5-mental-models-for-web3-chris  a16z Podcast: https://link.chtbl.com/HObAJQDL?sid=bankless  ------ Marc Andreessen's Book Club: The Mystery of Capital - Hernando De Soto https://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016154  In Defense of Globalization - Jagdish Bhagwati https://www.amazon.com/Defense-Globalization-New-Afterword/dp/0195330935  Free to Choose - Milton Friedman https://www.amazon.com/Free-Choose-Statement-Milton-Friedman/dp/0156334607  Capitalism and Freedom - Milton Friedman https://www.amazon.com/Free-Choose-Statement-Milton-Friedman/dp/0156334607  A Conflict of Visions - Thomas Sowell https://www.amazon.com/Conflict-Visions-Ideological-Political-Struggles/dp/0465002056  The Vision of the Anointed - Thomas Sowell https://www.amazon.com/Vision-Anointed-Self-Congratulation-Social-Policy/dp/046508995X  Knowledge and Decisions - Thomas Sowell https://www.amazon.com/Knowledge-Decisions-Thomas-Sowell/dp/0465037380  Intellectuals and Society - Thomas Sowell https://www.amazon.com/Intellectuals-Society-Thomas-Sowell/dp/0465025226  The Managerial Revolution - James Burnham https://www.amazon.com/Managerial-Revolution-What-Happening-World/dp/1839013184  In Defense of Global Capitalism - Johan Norberg https://www.amazon.com/Defense-Capitalism-Norberg-Institute-Defence/dp/1930865473  The Machinery of Freedom - David D. Friedman https://www.amazon.com/Machinery-Freedom-Guide-Radical-Capitalism/dp/1507785607  God of the Machine - Isabel Paterson https://www.amazon.com/God-Machine-Library-Conservative-Thought/dp/1560006668  Economics in One Lesson - Henry Hazlitt https://www.amazon.com/Economics-One-Lesson-Shortest-Understand/dp/0517548232  Men, Machines, and Modern Times - Elting E. Morison https://www.amazon.com/Men-Machines-Modern-Times-Press/dp/0262529319  The Cathedral & the Bazaar - Eric S. Raymond https://www.amazon.com/Cathedral-Bazaar-Musings-Accidental-Revolutionary/dp/0596001088  The Declaration of Independence of Cyberspace - John Perry Barlow https://www.eff.org/cyberspace-independence  ----- 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