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Did Centralization Cause the Base Blockchain Outage?

Did Centralization Cause the Base Blockchain Outage?

FromCarpe Consensus


Did Centralization Cause the Base Blockchain Outage?

FromCarpe Consensus

ratings:
Length:
23 minutes
Released:
Sep 8, 2023
Format:
Podcast episode

Description

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.
Released:
Sep 8, 2023
Format:
Podcast episode

Titles in the series (100)

This is CoinDesk's Opinionated, a roundtable debate that fascinates with each new thought provoking guest. It's the place to convey strong ideas, and at times share in the latest casual controversy.Join Features editor Ben Schiller and reporters Anna Baydakova and Danny Nelson as they push the conversation further with their own criticisms and reactions to the latest bitcoin and crypto news from around the world. Be the first to hear Opinionated by subscribing to the CoinDesk Reports podcast feed.