Video Description
Abstract, the Ethereum L2 built by Pudgy Penguins parent Igloo, is shutting down Dec 15 after tens of millions in losses, days after Blast announced its own wind-down and Google said it is exiting node hosting. We break down why app-specific chains keep failing and what it means for institutions deciding where to build.
~This episode is sponsored by Tangem~
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00:00 Intro
00:10 Sponsor: Tangem
00:45 Abstract Shutdown
01:00 L2 Lawsuits
0135 It's Too Hard For Google Too
01:50 Blast L1 shutdown
02:00 ETF institutional wake up call
03:00 Abstract won't choose another L2
03:45 Liquid AI ready chains
04:35 A.I. Gaming supercycle
05:50 AVAX city
06:40 No isolated workflow on SOL and ETH
07:00 How cheap are we talking...
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