Lightspeed

Latest Episodes:

How To Fix Solana | Mert Mumtaz, Dan Smith Apr 12, 2024

Show notes

Gm! This week we discuss the state of the network, MarginFi drama, Uniswap vs the SEC, airdrops, Monad's $225 million raise & more. Enjoy!

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(00:00) Introduction

(01:24) Solana: State Of The Network

(13:03) Helium Mobile Ad

(14:05) Do Validators Need To Be Profitable?

(17:36) MarginFi

(33:28) Airdrops

(36:58) SEC Sends Uniswap a Wells Notice

(46:42) Monad Raises $225 Million

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.

Why Are Solana Transactions Dropping? | Mert Mumtaz, Dan Smith Apr 06, 2024

Show notes

Gm! This week we discuss why users are having more failed & dropped transactions on Solana. To hear all this & more, you'll have to tune in!

Follow Mert: https://twitter.com/0xMert_

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(00:00) Why Are Transactions Dropping?

(10:56) Solana's Spam Flywheel

(27:18) Fee Mechanism Timeline

(32:16) Ellipsis Labs Raises $20 Million

(35:56) Ore: Bitcoin On Solana?

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

The Base Endgame: Crypto's Largest Layer 2 | Jesse Pollak Apr 04, 2024

Show notes

Gm! This week, Jesse Pollak creator of Base joins the show for a discussion on what the team have been building. As retail activity picks up on both Solana & Base, we thought why not just invite Jesse to the show to discuss the L2 end game, network scaling, base fee revenue & much more. Enjoy!

Follow Jesse: https://twitter.com/jessepollak

Follow Mert: https://twitter.com/0xMert_

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Subscribe on YouTube: https://bit.ly/43o3Syk

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(00:00) Introduction

(01:42) The Base Origin Story

(11:49) The L2 End Game

(16:21) Virtual Machine: Alt vs EVM

(21:19) Decentralizing The Sequencer

(28:05) The Security Council & Blast Exploit

(36:30) L2 & L3 Interoperability

(44:10) Network Scaling: Two Paths, One Endgame

(46:50) Data Availability

(53:34) Base Fee Revenue

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Solana vs Ethereum Fee Markets | Mert Mumtaz, Dan Smith Mar 28, 2024

Show notes

Gm! This week, Dan & Mert discuss the current state of the network by deep diving into how transaction fees on Solana actually work, the ending of Jito's mempool & the continued meme coin impact. To hear all this & more, you'll have to tune in!

Follow Mert: https://twitter.com/0xMert_

Follow Dan: https://twitter.com/smyyguy

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Subscribe on YouTube: https://bit.ly/43o3Syk

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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

(00:00) Introduction

(01:34) Solana Transactions Fees

(14:36) Jito's Impact On Solana

(24:46) Circle's CCTP Launches On Solana

(30:34) Solana Meme Coins

(34:20) Solana vs Ethereum Fees

(43:45) Post 4844 Clarity

(49:16) The State of L2s

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Why DePIN Matters: Powering The Crypto Economy | Jon Victor Mar 26, 2024

Show notes

This week, Jon Victor Co-Founder of Ansa Research joins the show for a discussion on one of crypto's most exciting areas... DePin. We deep dive into why decentralized data storage matters, Filecoin's roadmap, the intersection between AI & DePIN & so much more. Enjoy!

Follow Jon: https://twitter.com/jnthnvctr

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

Referenced In The Show:

Inverting three key relationships in computing: https://www.wildbuilt.world/p/inverting-three-key-relationships

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Access Protocol is crypto-native, built on Solana, and already has 225K users reading content, receiving NFTs and interacting with creators! Use this link to check out Access Protocol today:https://bit.ly/AccessProtocol_Lightspeed

(00:00) Introduction

(01:34) Why DePIN Matters?

(07:50) Access Protocol Ad

(08:40) Filecoin

(14:42) What Is IPFS & How Does It Work?

(17:59) Why Decentralized Storage Matters

(24:30) The Filecoin Roadmap

(34:43) High Throughput Chains & Data Storage

(41:04) Onboarding Web2 Companies

(46:19) Filecoin's Go-To Market

(48:17) Building The FVM

(54:43) Filecoin Subnets

(57:30) AI & DePin

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

The Most Exciting Experiment In Crypto: Futarchy | Robin Hanson & Proph3t Mar 22, 2024

Show notes

This week, Robin Hanson & Proph3t join the show to discuss one of crypto's most exciting experiments... Futarchy. With the launch of MetaDAO, Proph3t aims to enable a market driven approach to social governance. By implementing Robin's proposed system of Futarchy, could this be a way to fix DAO governance?

Follow Robin: https://twitter.com/robinhanson

Follow Proph3t: https://twitter.com/metaproph3t

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

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Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity DeFi, consumer facing applications, and more generally allow crypto to scale to the masses.

If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

(00:00) Introduction

(01:27) Prediction Markets, Governance & What Is Futarchy?

(07:39) Roadblocks To Adoption of Futarchy

(10:19) Monad Ad

(11:14) MetaDAO: Building The First Futarchy

(12:48) Governance Powered By The SVM

(20:22) The MetaDAO Endgame

(27:12) Futarchy As A Service (F.A.A.S)

(32:06) Vota: A Vote Market On Solana

(34:20) Solving Liquidity Fragmentation

(41:30) Defining Success For Futarchy

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

The AggLayer Thesis | Marc Boiron & Brendan Farmer Mar 19, 2024

Show notes

This week, Marc Boiron CEO of Polygon Labs & Brendan Farmer Co-Founder of Polygon join the show for a discussion on the evolution of Polygon, building the AggLayer & the end state, as they view it for crypto. Enjoy!

Follow Brendan: https://twitter.com/_bfarmer

Follow Marc: https://twitter.com/0xMarcB

Follow Mert: https://twitter.com/0xMert_

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Subscribe on YouTube: https://bit.ly/43o3Syk

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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

(00:00) Introduction

(01:47) The Evolution Of Polygon

(05:56) Building The AggLayer

(10:55) Access Protocol Ad

(11:45) Seamless Bridging

(15:39) Data Availability & Value Accrual

(25:36) Chain Abstraction vs Agg Layer

(31:40) The AggLayer's Network Effects

(34:21) The End State For Crypto

(41:06) Prioritizing ZK Tech

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

The Jito Impact: Is Jito Saving Solana? | Jon Charbonneau Mar 14, 2024

Show notes

Gm! This week, Jon Charbonneau joins the show after Jito announced their suspension of their mempool function. We deep dive into solving the MEV problem, Ethereum's Dencun upgrade, the current state of crypto in 2024 & of course.. meme coins.

If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

Follow Jon: https://twitter.com/jon_charb

Follow Mert: https://twitter.com/0xMert_

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

(00:00) Introduction

(01:42) Jito's Impact On Solana

(11:45) Monad Ad

(12:42) MEV On Solana

(18:32) Rollups

(23:44) SOL Value Accrual

(26:41) Ethereum's Dencun Upgrade

(30:55) Data Availability

(40:10) Are Layer 3s A Business Move?

(50:35) The State Of Crypto

(59:14) Meme Coins

(01:02:29) Solana's Fee Market

Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Crypto Needs More Product, Investing In Great Founders | Craig Burel Mar 12, 2024

Show notes

This week, Craig Burel Partner at Reciprocal Ventures joins the show to discuss his journey from TradFi into crypto. We deep dive into Craig's thesis on Solana, building consumer products & backing great founders, investing in SOL vs applications as a VC, crypto gaming & much more. Enjoy!

Follow Craig: https://twitter.com/CraigBurel

Follow Mert: https://twitter.com/0xMert_

Follow Dan: https://twitter.com/smyyguy

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Subscribe on YouTube: https://bit.ly/43o3Syk

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(00:00) Introduction

(06:25) Reciprocal's Journey To Solana

(11:34) Access Protocol Ad

(12:24) Finding Product & Founder Market Fit

(17:52) Only Possible On Solana

(20:12) Investing in SOL vs Applications

(24:05) Advice For Founders

(34:34) Token Incentives

(40:00) Crypto Needs More Product & Applications

(43:12) Crypto Gaming

(48:01) Tokenization

(55:27) Meme Coins

Disclaimers:

https://www.recvc.com/disclaimer/

Lightspeed was kickstarted by a grant from the Solana Foundation.

The Return Of Meme Coin Mania | Mert Mumtaz, Dan Smith Mar 07, 2024

Show notes

Gm! This week, Dan & Mert begin by discussing the return of meme coin season by asking an honest question: have more people used DeFi or meme coins? We then take a deep dive into scaling, Ethereum's EIP-4844 upgrade & Solana's transaction fee structure.

If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

Follow Mert: https://twitter.com/0xMert_

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

Subscribe on Spotify: https://spoti.fi/3OkF7PD

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

(00:00) Introduction

(02:14) Meme Coins

(09:20) Monad Ad

(10:15) Have More People Used DeFi Or Meme Coins?