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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Ed Felten: Arbitrum – The Layer 2 Scaling Solution Increasing Speed and Reducing Fees
Description: Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain which helps reduce high transaction gas fees. Arbitrum uses a multi-round optimistic rollup that regularly checks in with Ethereum’s main chain. OG cypherpunk and ex deputy CTO of the USA, Ed Felten, is one of the creators of Arbitrum. He joined us for an in depth chat about how transactions are processed on the protocol, who validates them, what the security guarantees are, and how the economics will work in the longer term.Topics covered in this episode:Ed's background (including his time as...