Re:Lex Fridman Podcast #309 – John Carmack
by fossuser on Friday August 05, 2022 @12:32AM
(#32351696)
The "is Coinbase layer 1, 2, or 3" is a particularly dumb one and a good example of how eye-rollingly bad his questions can be. It's hard for the guest to get into the interesting details when interrupted with a question that's wrong in a bunch of ways that betray he has no idea what he's talking about. It just feels like he's full of shit.
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If I were asked this question, I would actually consider this a good question, because:
- it probably is something people are wondering
- it's a good moment to talk about layers and where coinbase fits in the ecosystem
the answer for the curious: none of them. Coinbase is just a wallet using the layer 1 of most cryptocurrencies, and can also use apps and wallets from other layers (I'm not sure it does support any other layers at the moment though). A layer 2 can be seen like another cryptocurrency built on top of a cryptocurrency (layer 1), and a layer 3 is the same built on top of a layer 2, and so on.