In this episode, we dive deep into the heart of crypto's purpose. Our guest, Logan from Frictionless Capital, challenges conventional blockchain scaling, arguing for high-throughput systems. We explore the tension between performance and decentralization, dissect the role of Layer 2 solutions, and debate the true purpose of crypto. This conversation highlights the critical engineering trade-offs shaping the industry and questions whether current approaches align with blockchain's ultimate goals. You don't want to miss this! - - Follow Logan: https://x.com/LoganJastremski Follow Rex: https://x.com/LogarithmicRex Follow nosleepjon: https://x.com/nosleepjon Follow Expansion: https://x.com/ExpansionPod_ Subscribe on YouTube: https://www.youtube.com/@expansionpod Subscribe on Apple: http://apple.co/4bGKYYM Subscribe on Spotify: http://spoti.fi/3Vaubq1 Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Join us at Permissionless III Oct 9-11. Use code: EXPANSION10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Timestamps: 00:06 Introduction 00:54 Purpose of Blockchain 09:22 Optimizing for Network Performance 17:23 Credible Neutrality 23:23 Measuring Blockchain Success 34:58 What's Wrong with Crypto? 45:33 Consensus vs Performance 01:06:04 Are We Replacing TradFi? - - Disclaimer Expansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.