Tomasz K. Stańczak - Bringing core staking innovations and L2s to institutions

Tomasz: / tkstanczak
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AI summary:
TLDR: Ethereum is working to bridge the gap between core development and financial institutions, bringing core staking innovations and L2s to institutions while addressing their concerns about risk, compliance, and operational costs.
00:00 💡 Bringing core staking innovations and L2s to institutions, bridging the gap between core development and financial institutions to bring Ethereum ideas and products to the largest institutions and financial markets.
03:35 🔒 L1 handles sequencing L2s, with smart contracts verifying transactions, staking and yield affected, and majority of ethereum staking flowing to institutions and solo users on L1.
08:17 🔒 Institutions hesitant to adopt liquid staking and DeFi due to risk and compliance, but detailed risk assessment and auditing of staking chains can provide added value and compliance, while bringing distributed validators to Ethereum may bring benefits but also increase operational costs.
11:58 🚀 Ethereum introduces triggerable exits for non-custodial withdrawals, allowing institutions to pre-sign exit messages and reducing custodial risk with the EIP 7002 upgrade.
13:56 🔗 Bringing core staking innovations and L2s to institutions: Connecting execution and consensus layers for financial instruments, automated insurance, and cost reduction, while prioritizing security and quick response to potential breaches.
17:18 🔒 Institutions can benefit from ethereum attestation service by bringing certifications and claims from offchain to onchain, allowing for reputation tracking and under collateralization for finance without the need for a connection between the two worlds.
22:28 💡 Institutions should advocate for the inclusion of EIP 7002 in the Electra update and improve communication with builders for collaboration on updates.
24:30 💡 Integrating functions at the protocol level to avoid regulatory capture, with a complete separation between protocol and application layers, and emphasizing the efficiency of introducing mechanisms on chain through smart contracts.