Impact on Optimism Episode 2 - growthepie - Scaling Ethereum L2s and The Superchain as a Positive Sum Game
For today’s episode we’re excited to return to the Impact on Optimism Series for the second episode! In this series, we highlight gamechanging public goods projects in the Optimism Ecosystem, and today, we have a super interesting conversation in store centered around the Ethereum Layer 2 ecosystem.
For episode 2 of the Impact on Optimism miniseries, we’re excited to welcome Tobias Schreier, Co-Founder of Growthepie, a Layer 2 fundamentals and blockspace analytics platform on a mission to help scale Ethereum! We dive into the complex Ethereum L2 ecosystem, the exciting momentum around the Superchain, the Web3 public goods funding ecosystem, Optimism’s RetroPGF program, and much more.
Three Key Takeaways
The L2 ecosystem is rapidly evolving, with new L2s launching on a regular basis. Given the complexity of the L2 ecosystem, and the various use cases of L2s, it can be difficult to stay up to date and understand the L2 ecosystem, especially for those that are new to Web3. As such, it’s important to have open, accessible, and transparent metrics and analytics to help navigate this complex landscape.
There are several metrics that can be helpful in evaluating the sustainability of L2s and which one to build or transact on. These include the cost per transaction, the stablecoin market cap on the L2, chain profitability, and the types of activity (i.e. DeFi, NFT sales) that are most prominent on the chain.
The Superchain is a network of layer 2 blockchains that are built on the open source OP stack. This allows builders to launch their own chain, giving them the freedom to optimize for their use case while still keeping consistency and connection between the different chains. Participants in the superchain get the benefits of the OP stack as it pertains to security, bridging, and updates from the OP Collective.
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Episode Time Stamps
02:10 - What makes you Optimistic today?
03:30 - To kick things off, can you please give listeners an intro to growthepie?
07:15 - The L2 ecosystem is very rapidly evolving and can be hard to keep up with. Tell me more about some of the analytics and metrics you offer, and how this can help the community navigate this complex ecosystem?
12:40 - You have some great educational content on your website around L2s - including an outline of the different Layer 2 approaches. Do you mind giving a quick summary to listeners?
22:50 - There has been a lot of buzz lately about “The Superchain” – what is the superchain?
28:35 - Growthepie is a public goods funding platform, having participated in many pgf programs like Gitcoin, Octant, Giveth, and Optimism. What makes the public goods funding ecosystem in Web3 so unique and powerful?
33:50 - You have also participated in Optimism’s RetroPGF program. What is the value proposition of RetroPGF, and tell me more about your experience participating in it.
39:20 - Throughout your website and socials, you refer to Ethereum as a “positive sum game.” What does this mean?
42:10 - What’s the best way for listeners to follow and learn more about growthpie and the tools you offer?
43:05 - To wrap things up on a final note of inspiration, what makes you optimistic about the future of web3?
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DISCLAIMER
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More available HERE.
