Kain Warwick, founder of Synthetix, and Kyle Samani, managing partner at Multicoin Capital, debate the merits of Ethereum, Solana, and Binance Smart Chain. In this episode, they discuss:

why Ethereum is losing market share to Solana and BSC
whether decentralization matters and at what point decentralization becomes redundant
why they think Solana and Binance Smart Chain need to be taken seriously as competitors to EThereum
whether BSC or Solana is the bigger long-term threat to Ethereum
the biggest obstacle to Ethereum’s success (and it’s not gas fees)
how Ethereum will navigate fragmented Layer 2 solutions
Solana and its lack of developers
what differentiates DeFi from CeFi
why Solana has an edge on Ethereum in terms of composability
how Ethereum will onboard new users
why Kain is such an ardent backer of Ethereum
why both Kyle and Kain think EIP 1559 and the potential for higher ETH prices is bad for Ethereum
if Synthetix would ever consider launching a cross-chain product
the viability of a multi-chain world
why Kyle believes the future holds a winner-take-most blockchain ecosystem