Why Kevin Zhou Believes Ethereum Will Have 3 Forks After the Merge - Ep. 381

Kevin Zhou, co-founder of Galois Capital, comes to talk about the possibility of a Proof of Work chain on Ethereum after the Merge, the LUNA death spiral, how he plans to play the Merge, and much more...    Show highlights: how Kevin got started in crypto  what Galois Capital is and what its investment thesis is why Kevin was more vocal than most about the possibility of the LUNA death spiral whether Kevin made money out of the Terra collapse and what was his strategy what the difficulty bomb in Ethereum is the potential scenarios that could arise after the Merge whether the public is not considering the risks of the Merge how the fact that everybody was telling the same narrative about ETH made Kevin suspicious how Chandler’s statement about forking Ethereum made it a lot more likely that it would happen the groups behind the encouragement of a proof-of-work Ethereum chain whether there is a value proposition for a Proof of Work chain how Kevin used The Cryptopians to remember how the DAO fork went what replay protection is and why it is important when forking a chain why anyone would want to keep the difficulty bomb in a potential proof of work chain Kevin’s predictions about the market cap of the potential Ethereum forks how a proof of work chain of Ethereum would function without the biggest stablecoins like USDT and USDC whether Tether is going to support Ethereum 2 why Kevin writes using metaphors related to history and gaming and how those analogies relate to Ethereum how Kevin wanted to “stick it” to the Ethereum Foundation by offering his services whether Vitalik trolled Kevin on Twitter whether Kevin will apply the same strategy he used with ETC after the DAO fork   Thank you to our sponsors!   1inch:  https://1inch.io/   Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021       Kevin Twitter: https://twitter.com/Galois_Capital     ETH2 What is the Merge?: https://ethereum.org/en/upgrades/merge/   Proof of Work Chain Kevin’s analogy: https://twitter.com/Galois_Capital/status/1554053321165512705?s=20 Haseeb’s answer to Kevin’s arguments: https://twitter.com/hosseeb/status/1554163977806000128?s=20 Chandler Guo’s proposal: https://decrypt.co/106409/prominent-chinese-ethereum-miner-wants-to-resist-merge-create-fork Kevin’s consulting offer: https://twitter.com/Galois_Capital/status/1553090706708856832?s=20 BitMEX researchers on the possibility of an Ethereum PoW chain: https://blog.bitmex.com/ethpow-vs-eth2/ CoinDesk article: https://www.coindesk.com/layer2/2022/08/03/who-will-mine-ethereum-after-its-gone/ Poloniex’s announcement: https://twitter.com/poloniex/status/1555085757450272768?s=21&t=jkjNGieNXdY5SgT2e9xhoQ Justin Sun’s support of ETHW: https://twitter.com/justinsuntron/status/1555112296006922240?s=21&t=jkjNGieNXdY5SgT2e9xhoQ   Learn more about your ad choices. Visit megaphone.fm/adchoices