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
ACDE #187:  Vitalik Buterin Presents New EIP to Improve Ethereum UX [not-audio_url] [/not-audio_url]

Duration: 32:37
On Ep.21 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Execution (ACDE) call #187 and why decision-making about EIP 3074 is an important case study for understanding Ethereum’s dec…
Maximizing the Impact of MaxEB w/Nixo and Yorick [not-audio_url] [/not-audio_url]

Duration: 33:00
On the twentieth episode of Infinite Jungle, Christine chats with Nixo Rokish, Executive Director of EthStaker, and Thorsten Behrens, “Yorick Downe”, Founder and CEO of Cryptomanufaktur, about a new crypto project target…
ACDC #133: What to Expect From the First Pectra Devnet [not-audio_url] [/not-audio_url]

Duration: 25:57
On the nineteenth episode of Infinite Jungle, Christine talks about the timeline for the first Pectra devnet and ongoing research for implementing a confirmation rule for node operators to confirm the canonicity of block…
To EOF or Not? ETH Devs Can’t Decide [not-audio_url] [/not-audio_url]

Duration: 32:30
On the eighteenth episode of Infinite Jungle, Christine chats with Danno Ferrin, an independent Ethereum protocol developer, about an upgrade to the Ethereum Virtual Machine (EVM) called EOF. Guest: Danno Ferrin, Indepen…
ACDE #186: Ethereum Governance Should Be Chaotic [not-audio_url] [/not-audio_url]

Duration: 31:09
On the seventeenth episode of Infinite Jungle, Christine talks about why EIP 3074 may be removed retroactively from the Pectra upgrade and why that might be a good thing. Show note links: https://www.galaxy.com/insights/…
One Small Step For Lido, One Giant Leap For DVT [not-audio_url] [/not-audio_url]

Duration: 35:39
On the sixteenth episode of Infinite Jungle, Christine chats with Lido DAO Contributor Isidoros (Izzy) Passadis, about the launch of the Simple DVT Module on Lido and next steps for Lido’s decentralization roadmap. Show…
ACDC #132: How to Build and Test Ethereum Upgrades [not-audio_url] [/not-audio_url]

Duration: 22:48
On the fifteenth episode of Infinite Jungle, Christine talks about the first draft specifications for the Electra upgrade and what comes next for Ethereum developers now that these specifications are out. Show note links…
Crypto UX Promises & Pitfalls w/ENS’ Nick Johnson [not-audio_url] [/not-audio_url]

Duration: 31:28
On the fourteenth episode of Infinite Jungle, Christine chats with Nick Johnson, Founder and Lead Developer at Ethereum Name Service, about the crypto user experience, its promises, and pitfalls. Guest: Nick Johnson, Fou…
ACDE #185: The Engine of Ethereum Needs A Makeover [not-audio_url] [/not-audio_url]

Duration: 25:16
On the thirteenth episode of Infinite Jungle, Christine talks about what codes changes Ethereum developers have decided to include vs. exclude from Prague. She also highlights the controversy about EOF, a bundle of EIPs…
Is Ethereum Printing Too Much ETH? [not-audio_url] [/not-audio_url]

Duration: 33:27
On the twelfth episode of Infinite Jungle, Christine and Nixo debate whether Ethereum developers should include a change to the issuance schedule of ETH in the upcoming Electra upgrade. Show note links: https://ethereum-…