Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Make Ethereum cypherpunk again https://vitalik.eth.limo/general/2023/12/28/cypherpunk.html
64 replies
286 recasts
707 reactions

Freddy Mertens pfp
Freddy Mertens
@freddymertens
Everything built should be built to not depend on the social layer. No matter how strong and effective the social layer is the probability of it degrading is non 0 and only increases with time.
2 replies
0 recast
4 reactions

Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
The problem is that building things to rely solely on incentives is in many cases impractical. A purely in-protocol automated system has no way to "pay people to be decentralized".
5 replies
2 recasts
17 reactions

asdf  pfp
asdf
@0xasdf
There is wrong use of the technology and then there are guiding principles. They don’t always overlap. “Social” here essentially means culture, which we know is naturally deteriorating. Incentives, on the other hand, is a design. Which can be modeled. And is usually not a function of time.
0 reply
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0 reaction