Ethereum’s Culture Problem w/Hasu

Ethereum’s Culture Problem w/Hasu

Author: Galaxy Research March 5, 2025 Duration: 1:05:21
On Ep. 84 of Infinite Jungle, Christine interviews Hasu, Strategic Advisor to Lido and Strategy Lead at Flashbots. They discuss the importance of the Lido V3 upgrade, the risks it entails, and opportunities for improving Lido’s competitive value against centralized staking solutions. They also discuss the underperformance of ETH and what needs to change about Ethereum’s research and development culture. Hasu argues for three critical changes. First, allocate mindshare away from “endgame planning”. Second, reduce the number of clients. Third, plan upgrades by goal not EIPs. Guest: Name: Hasu Title: Strategic advisor to Lido and Strategy Lead at Flashbots X: https://x.com/hasufl Show note links: Lido V3 (https://v3.lido.fi/) Timestamps: (00:01:29) What is Lido V3? (00:04:52) What risks does the V3 upgrade entail? (00:12:35) Why should institutions stake with Lido? (00:20:42) Is the Lido DAO competitive against CEXs? (00:31:50) How V3 enables restaking on Lido (00:34:34) Hasu’s thoughts on ETH’s underperformance (00:40:33) Are L2s parasitic to ETH value? (00:43:10) Ethereum’s culture problem This episode was recorded on Friday, February 28, 2025. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/

Each week, Christine Kim from Galaxy Research guides us through the dense and ever-shifting terrain of the Ethereum ecosystem in Infinite Jungle. Rather than offering simple explanations, this podcast immerses you in the complex processes and community debates that are actively redefining this digital landscape. You’ll hear detailed analysis on the technical upgrades, governance shifts, and emerging economic narratives that collectively determine how Ethereum evolves and what it might become. The conversations go beyond surface-level news to examine the underlying forces-the social dynamics, developer activity, and philosophical clashes-that shape real-world use and perceived value. For anyone engaged in the business of digital assets or curious about the future of decentralized systems, this series provides essential context, translating intricate developments into coherent stories. Tune into the Infinite Jungle podcast for a thoughtful, weekly perspective that helps you navigate the continuous growth and challenging questions within one of the most significant platforms in the space.
Author: Language: English Episodes: 93

Infinite Jungle
Podcast Episodes
ACDC #151: Full Steam Ahead for Pectra on Holesky! [not-audio_url] [/not-audio_url]

Duration: 21:45
On Ep.81 of Infinite Jungle, Christine shares her main takeaways from ACDC #151. On ACDC #151, developers agreed to finalize two new EIPs, EIP 7870 and 7872. Though neither of these EIPs require a hard fork to implement,…
ETH vs. SOL vs. TIA w/Jon Charbonneau [not-audio_url] [/not-audio_url]

Duration: 52:48
On Ep. 80 of Infinite Jungle, Christine interviews Jon Charbonneau, Co-Founder and General Partner at crypto investment firm DBA. As an investor in the Ethereum, Solana, Celestia, and Bitcoin ecosystems, Christine asks J…
ACDE #205: Let the Fusaka Scoping Discussions Begin! [not-audio_url] [/not-audio_url]

Duration: 31:27
On Ep.79 of Infinite Jungle, Christine shares her main takeaways from ACDE #205. Ethereum developers are on track to upgrade public Ethereum testnets Holesky and Sepolia on February 24 and March 5, respectively. Christin…
Pectra Retrospective w/Nixo and Yorick [not-audio_url] [/not-audio_url]

Duration: 48:25
On Ep. 78 of Infinite Jungle, Christine welcomes back Ethereum Foundation’s Nixo and Galaxy’s Yorick to the show. They have a mini-debrief session on the Pectra upgrade planning process and debate how useful exercises li…
ACDC #150: The Competitive Advantage of $ETH [not-audio_url] [/not-audio_url]

Duration: 31:17
On Ep.77 of Infinite Jungle, Christine shares her main takeaways from ACDC #150. Concerns were raised from major Ethereum stakeholders representing Layer-2 rollup projects and staking pools about the timeline for Pectra…
The Ethereum Revolution feat. Galaxy CEO Mike Novogratz [not-audio_url] [/not-audio_url]

Duration: 30:59
On Ep. 76 of Infinite Jungle, Christine speaks with CEO of Galaxy, Mike Novogratz, about the underperformance of ETH. ETH has been persistently lagging behind major coins like BTC and SOL for all of 2024 and so far into…
ACDE #204: Ethereum in Wartime Mode [not-audio_url] [/not-audio_url]

Duration: 33:33
On Ep.75 of Infinite Jungle, Christine shares her main takeaways from ACDE #204. She offers her insights on the latest Pectra upgrade timeline and takeaways on the discussion about how to speed up the governance process…
MERRY GRINDMAS! (feat. Santa Nixo) [not-audio_url] [/not-audio_url]

Duration: 42:30
On Ep. 74 of Infinite Jungle, Christine speaks with Nixo, who works on the Protocol Support Team at the Ethereum Foundation, about her highlights from 2024 and hopes for the Ethereum ecosystem in 2025. Nixo also shares u…
ACDE #202: ‘Twas the Night Before Christmas… [not-audio_url] [/not-audio_url]

Duration: 27:11
On Ep. 73 of Infinite Jungle, Christine shares her takeaways on All Core Developers Execution (ACDE) Call #202, where Ethereum developers finalized Pectra Devnet 5 specifications. She also shares three outlooks for Ether…
BuilderNet: Ethereum’s First Collaborative Builder Network [not-audio_url] [/not-audio_url]

Duration: 42:19
On Ep. 72 of Infinite Jungle, Christine speaks with Robert Miller, Product Lead at Flashbots, and Lily Johnson, Rust Engineer at Astria Labs, about the launch of BuilderNet. BuilderNet is Flashbot’s latest product design…