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Did Centralization Cause the Base Blockchain Outage?

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Manage episode 376414276 series 2985509
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While one network (Base) faced an outage, another (Ethereum) had a layer 2 leader grappling with the idea of an “Ethereum Supreme Court.”

On “Carpe Consensus,” host Danny Nelson is joined by CoinDesk tech reporter Sam Kessler to dive into the latest blockchain news.

  • [0:53] Coinbase’s Ethereum layer 2 blockchain Base experienced its first major outage since its launch, halting the production of new blocks for about 45 minutes. Sam explains what caused the outage and other vulnerabilities he’s watching.
  • [13:16] In crypto, the phrase “code is law” seems to assert that technology can thwart centralized individuals. But a proposal for an “Ethereum Supreme Court” gets Danny and Sam thinking – are blockchains already just social contracts, not straight code as we’ve been led to believe?

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

123 episodes

Artwork
iconShare
 
Manage episode 376414276 series 2985509
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While one network (Base) faced an outage, another (Ethereum) had a layer 2 leader grappling with the idea of an “Ethereum Supreme Court.”

On “Carpe Consensus,” host Danny Nelson is joined by CoinDesk tech reporter Sam Kessler to dive into the latest blockchain news.

  • [0:53] Coinbase’s Ethereum layer 2 blockchain Base experienced its first major outage since its launch, halting the production of new blocks for about 45 minutes. Sam explains what caused the outage and other vulnerabilities he’s watching.
  • [13:16] In crypto, the phrase “code is law” seems to assert that technology can thwart centralized individuals. But a proposal for an “Ethereum Supreme Court” gets Danny and Sam thinking – are blockchains already just social contracts, not straight code as we’ve been led to believe?

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

123 episodes

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