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Kraken’s Potential Layer 2 Development and Coinbase’s Influence
From the controversies in decentralized governance to the potential of decentralized data in Web3, this coverage delves into layer 2 developments and zero-knowledge proofs providing a glimpse into the promising future of blockchain and its ongoing evolution.
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This episode is sponsored by Consensus 2024.
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In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, explore the following stories:
Arbitrum Research Pitch
A proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
The Graph Q&A
The Graph, a protocol for indexing and querying data stored on blockchains, plans to add AI-assisted querying with large language models as part of a suite of new features disclosed Tuesday.
PROTOCOL VILLAGE SEGMENT: Margaux’s scoop on Kraken plus the latest on L2s (Including Nil)
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.
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EPISODE LINKS |
Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag
Almost All of DeFi Uses the Graph' – Q&A With Edge & Node CEO Tegan Kline
The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
From Our Sponsor:
CONSENSUS 2024 by Coindesk
Secure your $109 Developer Pass today and join us in Austin May 29-31 to explore the epicenter of blockchain innovation at Consensus. This is where the top blockchains show off their latest advancements, share their detailed roadmaps, dive deep with technical workshops, and forecast the next wave of innovation. Don’t wait! These passes are limited. Learn more and register: https://consensus.coindesk.com/register/developer/
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
HOSTS
Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.

Sam is CoinDesk's deputy managing editor for tech and protocols. His reporting is focused on decentralized technology, infrastructure and governance. Sam holds a computer science degree from Harvard University, where he led the Harvard Political Review. He has a background in the technology industry and owns some ETH and BTC. Sam was part of the team that won a 2023 Gerald Loeb Award for CoinDesk's coverage of Sam Bankman-Fried and the FTX collapse.

Bradley Keoun is CoinDesk's managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team. A two-time Loeb Awards finalist, he previously was chief global finance and economic correspondent for TheStreet and before that worked as an editor and reporter for Bloomberg News in New York and Mexico City, reporting on Wall Street, emerging markets and the energy industry. He started out as a police-beat reporter for the Gainesville Sun in Florida and later worked as a general-assignment reporter for the Chicago Tribune. Originally from Fort Wayne, Indiana, he double-majored in electrical engineering and classical studies as an undergraduate at Duke University and later obtained a master's in journalism from the University of Florida. He is currently based in Austin, Texas, and in his spare time plays guitar, sings in a choir and hikes in the Texas Hill Country. He owns less than $1,000 each of several cryptocurrencies.

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