Crypto's Role in the Emerging Cybernetic Economy | Konstantin Lomashuk
In today's episode of Empire, Konstantin Lomashuk, co-founder of Lido & Cyber Fund, discusses his journey. He shares his views on the importance of decentralization in staking, the potential risks and rewards of restaking protocols like Eigenlayer, and his long-term vision for a "cybernetic economy" powered by blockchain and AI. Konstantin also reflects on Ethereum's development roadmap, the surprises he's encountered in his crypto career, and the challenges of building in an open, permissionless ecosystem.
- -
Follow Konstantin: https://twitter.com/Lomashuk
Follow Jason: https://twitter.com/JasonYanowitz
Follow Santiago: https://twitter.com/santiagoroel
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
- -
Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.
Claim your unique Wormhole NFT at
https://wormhole.com/empire9-9444
- -
Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity defi, consumer facing applications, and more generally allow crypto to scale to the masses.
If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad
- -
Shardeum is an EVM-based autoscaling blockchain
Learn more and spin up your node today: bit.ly/shardeum-blockworks-1
- -
Get the freshest price feeds free for 12 months. Join Supra’s early integration program for zero-cost access to the fastest oracles and dVRF across 50+ blockchains: supra.com/blockworks
Earn $1,500 by referring Web3 projects to use Supra services. The projects get the fastest services for free, and you earn $1,500 for every referral. Learn more at the link above.
- -
Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.
Use the link below to learn more, and use EMPIRE10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!
Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home
- -
Timestamps:
(00:00) Intro
(01:40) Konstantin's Background
(10:38) ETH Staking Marketshare
(26:26) Thoughts on Restaking
(35:44) Wormhole Ad
(37:11) Monda Ad
(38:10) Shardeum Ad
(39:05) Supra Ad
(40:02) ETH's Edge & Misses
(47:52) Risks of Restaking
(58:23) Value of Alt Ecosystems
(01:02:54) The Cyber Economy
- -
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Do You Need to Think Twice Before Restaking Your Assets? - Ep. 488
In this episode, Sreeram Kannan, founder of EigenLayer, and Konstantin Lomashuk, cofounder of Lido Finance, discuss the complex world of staking in Ethereum's post-Shanghai ecosystem.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.
Show highlights:
how the staking ecosystem in Ethereum looks after the full completion of the Merge
what EigenLayer is and why it's called that
whether EigenLayer's model is more similar to Polkadot or, actually, to Ethereum Layer 2s
what the risks of restaking are, for both projects and users
how Lido is working to keep Ethereum decentralized and censorship-resistant
what superfluid staking is and whether it could be done on Ethereum
how EigenLayer incentivizes alignment between the delegator and the stakers
whether there's a risk that Lido could become a governance layer for Ethereum
what can be done to increase staking services adoption
Thank you to our sponsors!
Crypto.com
Guests:
Sreeram Kannan, founder of EigenLayer
Konstantin Lomashuk, cofounder of Lido Finance
Previous coverage of Unchained on Ethereum staking:
Shapella in the Rearview: After Major Upgrade, What’s Next for Ethereum?
How Will ETH React to Ethereum’s Shanghai Upgrade?
Post-Merge, If Lido Becomes Dominant, What Does That Mean for Ethereum?
In the Recent Crypto Market Meltdown, What Role Did Lido’s stETH Play?
Is ETH on Its Way to Becoming Ultra-Sound Money? Yes, Says Justin Drake
Learn more:
How Liquid Staking Works
A Guide to Ethereum’s Shanghai Upgrade
How to Stake Ethereum With Liquid Staking
Learn more about your ad choices. Visit megaphone.fm/adchoices
Everything you need to know about Solana | Santiago Santos & Konstantin Lomashuk
Solana is emerging as a competitive Layer 1 platform, promising scalability and a growing ecosystem. Join community thought leaders Santiago Santos and Konstantin Lomashuck as we assess the Solana Value Proposition.
How important is decentralization? Why build on Solana? Can different L1's coexist? Does it seek to compete with mainnet Ethereum or Layer 2 scaling solutions?
We've been hearing a lot about Solana lately. It's time to dive in.
------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ------ BANKLESS SPONSOR TOOLS:
GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini
BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer
AAVE | LEND & BORROW ASSETS https://bankless.cc/aave
UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap
------ ⚽️ SoRare | Collect and Play! https://bankless.cc/SoRare ------
Topics Covered:
0:00 Intro 8:00 Santiago and Konstantin 10:05 Why Bullish on Solana? 16:31 Solana is Optimizing 24:05 Decentralization 34:56 Running a Node 55:57 Skeptical ETH Maxi Hat 1:04:40 Initial Sale 1:12:32 Valuing SOL 1:19:08 Developer Activity 1:24:11 Can We Be Friends?
------ Resources
Santiago on Twitter: https://twitter.com/santiagoroel?s=20
Konstantin on Twitter: https://twitter.com/Lomashuk?s=20
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures