What Implications and Centralization Concerns Arise from Ethereum's Dencun Upgrade and Metamask's Intent-Based System?

The Dencun upgrade on Ethereum aims to cut layer two transaction costs and decrease data storage expenses, while Metamask's intent-based system seeks to improve efficiency…Plus Insights from Telos Foundation's New Executive Director!

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In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, explore the following stories:

Dencun Upgrade Goes Live on Ethereum’s Goerli Testnet

Developers said the missed finalization was likely due to an expected lack of participation and older network validators.

MetaMask's New Transaction Routing System

MetaMask is quietly testing new tech that uses third parties to route user transactions. It will eventually be made available outside of MetaMask and will be closely scrutinized for how it manages to avoid centralization concerns.

PROTOCOL VILLAGE INTERVIEW SEGMENT

Guest: John Lilic - Executive Director at the Telos Foundation

Within this dialogue, John Lilic delves into his blockchain background and the transition from Ethereum to Telos. He underscores Telos' standout features—high throughput and cost-effective transactions—casting it as a formidable contender among Layer 2 solutions like Polygon. John envisions Telos as a global US dollar settlement layer, especially impactful in developing nations. Detailing Telos' strategy, he highlights a focus on Asia, developer engagement, and strategic partnerships to broaden its influence. Despite visibility challenges, John remains confident in Telos' potential and the inherent value it brings to users.

EPISODE LINKS |

Ethereum’s Dencun Upgrade Goes Live, Devs Wait for Finalization on Testnet

MetaMask's Secret Project Could Shake Up How Ethereum Works

John Lilic Joins the Telos Foundation as Executive Director

Telos Blockchain

John Lilic

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

HOSTS

Margaux Nijkerk

Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.

Sam Kessler

Sam is CoinDesk's deputy managing editor for tech and protocols. His reporting is focused on decentralized technology, infrastructure and governance. Sam holds a computer science degree from Harvard University, where he led the Harvard Political Review. He has a background in the technology industry and owns some ETH and BTC. Sam was part of the team that won a 2023 Gerald Loeb Award for CoinDesk's coverage of Sam Bankman-Fried and the FTX collapse.

Bradley Keoun

Bradley Keoun is CoinDesk's managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team. A two-time Loeb Awards finalist, he previously was chief global finance and economic correspondent for TheStreet and before that worked as an editor and reporter for Bloomberg News in New York and Mexico City, reporting on Wall Street, emerging markets and the energy industry. He started out as a police-beat reporter for the Gainesville Sun in Florida and later worked as a general-assignment reporter for the Chicago Tribune. Originally from Fort Wayne, Indiana, he double-majored in electrical engineering and classical studies as an undergraduate at Duke University and later obtained a master's in journalism from the University of Florida. He is currently based in Austin, Texas, and in his spare time plays guitar, sings in a choir and hikes in the Texas Hill Country. He owns less than $1,000 each of several cryptocurrencies.

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