Layer 2 was supposed to scale Ethereum.

But what if it fragmented it instead?

I

n this episode, we break down:

• Why public chains are “expensive databases”

• Why composability is Ethereum’s real value

• Why stablecoins don’t need blockchains

• Why L2 may be weakening Ethereum’s core

Is scaling helping Ethereum — or hollowing it out?

Explore The Defiant ✨

Bitcoin Renaissance or JPEG Hype?In 2023, Bitcoin had what many called a renaissance.NFTs on Bitcoin.BRC-20 tokens.Runes.10x transaction spikes.Fee revenue surging to levels not seen since 2017.And then — just as quickly — it cooled.So was the Bitcoin renaissance just a flash in the pan?Or did Ordinals, BRC-20s, and Runes permanently change Bitcoin?In Episode 2 of our Beyond Digital Gold docu-series in partnership with StarkWare, we break down:• What Ordinals actually are and how they work• How BRC-20 tokens turned Bitcoin into a memecoin battlefield• Why Runes were introduced — and what they fixed• The fee spike impact on miners• How maximalism fractured• Why the Overton window for building on Bitcoin shifted permanentlyFeaturing:@isabelfoxenduke@0xBinari@rodarmor@domodata@NathanOnCryptoThe hype faded.But the structural shift didn’t.Watch to understand what really changed — and why the next battle for Bitcoin is infrastructure.⸻Chapters:Cold OpenEthereum vs Bitcoin EraTaproot ExplainedWhat Ordinals Actually DidBRC-20 ExplosionThe Cultural WarRunes & The RefinementWas It Just Hype?⸻#Bitcoin #Ordinals #BRC20 #Runes #BitcoinDeFi #Crypto #Taproot

"In a decentralized governance system, it's unavoidable to develop politics."

Rune Christensen explains why DAO governance becomes a struggle for resources, how the "iron law of bureaucracy" emerges, and why Sky redesigned its architecture to survive it.

From USDS growth to the Atlas rulebook and Genesis Capital — this is Sky's long-term vision for sustainable decentralized finance.