cover of episode Linking ‘the King and Queen of Crypto’: here's how Hemi's layer 2 connects bitcoin and ethereum

Linking ‘the King and Queen of Crypto’: here's how Hemi's layer 2 connects bitcoin and ethereum

2024/12/27
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Jeff Garzik, co-founder of Hemi, introduces Hemi as a Layer 2 protocol bridging Bitcoin and Ethereum. He highlights Hemi's unique capabilities and the growing interest from Bitcoin holders seeking increased utility beyond simple cold storage. Hemi aims to enhance Bitcoin's functionality while maintaining decentralization and privacy.
  • Hemi is a Layer 2 modular blockchain connecting Bitcoin and Ethereum.
  • It's designed to extend Bitcoin's capabilities while maintaining security and decentralization.
  • It addresses the needs of Bitcoin holders seeking increased utility and yield.

Shownotes Transcript

Jeff Garzik is the CEO of Hemi Labs, a modular Layer 2 protocol that integrates Bitcoin and Ethereum.

In this episode, Garzik and The Block's Frank Chaparro discuss Hemi and its "proof-of-proof" security model, and Garzik shares his views on the future of multi-chain interoperability and the evolution of decentralized governance models.

OUTLINE

00:00 - Introduction and Hemi overview

**03:17 ** - The endangered Bitcoin maximalist

05:33 - Proof of proof 

**10:01 - **Lessons from testnet

**13:32 - **ETH vs. Bitcoin in the multi-chain future 

19:05 - Envisioning the multi-chain future

**24:14 - **Darwinian trial by fire

**33:34 - **Main net plans and closing remarks

GUEST LINKS

Jeff Garzik - https://www.linkedin.com/in/jeffgarzik/)

Jeff Garzik on X - https://x.com/jgarzik)

Hemi Labs - https://x.com/hemi_xyz)

Hemi Labs on X - https://hemi.xyz/)

This episode is brought to you by our sponsor: Polkadot

Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network)