Ethlabs: The New Lab Built to Rival the EF

Ansgar Dietrichs, executive director of Ethlabs, explains why he and former Ethereum Foundation researchers left to build a new nonprofit focused on helping Ethereum evolve into the core settlement layer for global finance. The interview covers Ethlabs’ priorities (L1 scaling, blob scaling, interop, DeFi, institutional adoption), the need for intentional ETH value accrual, and how it will complement the EF. The episode also includes a Bits and Bips segment flagging rising data center cancellations as a threat to AI hardware stocks, and a warning about a fraudulent preferred stock scheme (STRC, STRD, STRK, STRF). - Ansgar Dietrichs left the Ethereum Foundation with four colleagues to start Ethlabs, a nonprofit ecosystem steward. - Ethlabs aims to make Ethereum the unavoidable shared settlement layer for on-chain finance, competing with the multi-chain vision. - Short-term work streams include L1 scaling (3x throughput per year), blob scaling, solving interop, and addressing DeFi pain points. - Dietrichs stresses that ETH's value story has been vague for years and requires intentional design choices around fees and economic mechanisms. - Ethlabs will be funded by a 2-3 year runway from donors including Bitmine, Sharplink, and Joe Lubin, and plans to stay accountable to ETH holders and builders. - A Bits and Bips clip warns that rising data center cancellations and public AI backlash could undercut demand for Nvidia, Micron, TSMC, and Broadcom. - Another segment labels a complex preferred stock stack (STRC, STRD, STRK, STRF) as a fraudulent scheme that relied on ChatGPT-generated engineering.