The potential ripple results of Ethereum defined


Investing in the virtual event: Ethereum Economy will take place on Wednesday October 14th. CoinDesk's Christine Kim spoke to colleagues Michael J. Casey and Aaron Stanley about the most compelling and least discussed topics around Ethereum 2.0 as headlining next week's conference.

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This episode is sponsored by, and Elliptic.

From the dynamics of the deployment to the architecture of the sharding, there weren't many topics that Ethereum 2.0 core developers haven't discussed about "Developer Perspectives: Ethereum 2.0" in the last five weeks.

See also: 3 Things You Should Know Before Choosing Ethereum 2.0

However, any discussion has raised new questions about the impact of the transition from Ethereum to proof-of-stake in the crypto markets and the broader blockchain industry.

"There are many unanswered questions about how markets will perform," said Casey, CoinDesk's chief content officer. "Do we have a split, (with) two versions of Ethereum or at least two tokens that are traded differently in the market?"

Casey added that decentralized finance (DeFi) financial engineers will likely attempt to unlock the liquidity of the set ETH on Ethereum 2.0 before token transfers are officially activated on the network. What new DeFi products will be created, what properties and, above all, what effects they will have on the value of ETH have yet to be determined.

In addition to the ongoing questions of how the markets will react to the launch of Ethereum 2.0, there is also uncertainty about how the launch will affect the competitive landscape for Dapp users and developers in the crypto industry.

"What does the future look like with multiple chains?" asked Stanley, CoinDesk's executive director of event content. “If Eth 2.0 is successful, what does that mean for all of these other (smart contract) chains out there? Will they go away or will they just cease to exist? I don't think that's the case. "

Given the recent popularity of income farming and cash drain on Ethereum, Stanley also questioned the real incentives for users who own large amounts of ETH, valued at over $ 11,000, to bet on Ethereum 2.0 if they hit the hot dog "100x Returns Farming" coin "Or whatever the meme coin of the day is."

See also: Longing, YAM, and the rise of Crypto's "Weird DeFi" moment

These questions are relevant to the discussions that will take place next Wednesday at invest: ethereum Economy. The keynote speakers at the virtual conference will be Ethereum founder Vitalik Buterin and US Commodity Futures Trading Commission Chairman Heath P. Tarbert. To register for the event, click here.

To download or stream the full podcast episode with Casey and Stanley, you can go to Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, or RSS. Click "Subscribe" on these channels for early access to future podcast episodes from CoinDesk Research.
CoinDesk Research recently released an updated report on the launch of Ethereum 2.0 as well as the latest developments in the existing Ethereum blockchain. Download it for free from the CoinDesk Research Hub.


Melinda Martin