As gas prices continue to be an obstacle for Ethereum adoption, Arbitrum represents a state-of-the-art Layer 2 solution that could improve user experience in DeFi, NFTs, and more in the long run. During SCB10x’s DeFi Virtual Summit, we sat down with Steven (CEO of Offchain Labs & Arbitrum) to discuss his story transitioning from academia to Arbitrum, considerations for developers when building on Layer 2, and how the future could look like with multiple Layer 2 solutions.
This podcast should not be considered as investment advice. LongHash Ventures may hold positions in the assets mentioned.
00:10 Reddit & Arbitrum
01:52 Roots of Arbitrum: How Arbitrum and Steven started in crypto
05:11 Transition from Academia to Arbitrum
08:07 Status of the Arbitrum Ecosystem Today
11:00 Ease of Deploying on Arbitrum
15:57 Network Effects of the Arbitrum Ecosystem
19:59 Bridging Layer-2s to Address Fragmentation
22:42 Segmenting Chains by Verticals
25:59 Role of Arbitrum in Scalability
28:23 Advice for Crypto Community