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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
is ethereum owned, co-owned, public, or something else? interesting discussion with @shazow.eth curious to hear what others think https://warpcast.com/nonlinear.eth/0xe21fe9d2
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McBain pfp
McBain
@mcbain
Not to go all Dune on you but ownership is the power to destroy a thing
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@chaskin.eth
"is ethereum owned, co-owned, public, or something else?"
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Rue🗽
@rue1776
Hmmm. I wouldn’t call it public because even public goods are owned my governments, municipalities, etc. A Cooperative seems like the most applicable label imo
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Nelson pfp
Nelson
@nelsonmckey
Collectively owned?
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maurelian
@maurelian.eth
Agree with @shazow.eth here. I will assume that we can both agree that ACME shareholders co-own ACME. How then do eth holders (and especially stakers), not co-ownethereum?
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m_j_r
@m-j-r.eth
imho* - it's a public club of necessarily separate participants (e.g. searchers & validators) reaching consensus. ETH is a claim for more global public provenance, especially w/ qualities of Ethereum consensus/execution (the "club good"). co-owned to such a degree that it may be eventually self-sovereign.
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Thumbs Up pfp
Thumbs Up
@thumbsup.eth
Publicly accessible Co-operatively run (and in the language of economics, owned) Block space is purchased as a form of “club good” or even private good depending on how you view cost as a form of excludability.
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cqb pfp
cqb
@cqb
Gotta define ownership first. If you define it as the ability to exclude others from the resource then it's not owned by anybody because spinning up a node is permissionless
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LGHT pfp
LGHT
@lght.eth
brings up questions of classified ownership imo - if owning leans more toward unmitigated authority then I think ethereum is 'backed by' consensus activity (w ether being the proxy for it) if owning leans more toward interdependent prerequisites then I think one could make the case that ether is ownership share of eth
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Petra ⊙ pfp
Petra ⊙
@0xpetra
You can own ETH But Ethereum is executed… not owned.
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Nicole 🎩💚 pfp
Nicole 🎩💚
@iamnicki
I believe that Ethereum isn't owned by anyone, we participate and contribute to it like we do in internet but we do'own neither of them. You can have a server or a node, but that's a way of contribution.
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dawufi
@dawufi
also, i feel like there's some code is law folks around here telling on themselves
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dawufi
@dawufi
ask some random to try to push an EIP and find out how quick if you own ethereum or not ability to enter and leave a community != ownership not even close
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Jon "JonnyRingo" Williams⚰️ pfp
Jon "JonnyRingo" Williams⚰️
@jonnyringo.eth
I would have to say co-owned because the operators of the network share in the profits accrued from the networks use. It's hard to say you don't have a stake in ownership of some form if you are directly earning from the use of said product(like a stakeholder/part owner)
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rolfy.eth
@rolfy
Ethereum isn’t a dao… just because you have some cash in you wallet … eg USD… doesn’t mean you own the country or any part there of… As node operators we help provide desirable properties, but we don’t own the protocol or the entity…
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alientubes777
@alientubes777
We don't own anything, we enjoy sovereignty and mass coordination in it's capacity
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Lex Sokolin pfp
Lex Sokolin
@lex
I think the problem is in the bluntness of the terms and whether one can agree on them What else do you think fits the description you gave to Ethereum
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sand.base.eth
@sandman
We co-own Ethereum because in the PoS system we can change our stake to people that align with our collective goal. If only 20% of the validators agree to a new upgrade but 80% of the ETH owners want that upgrade, they all can stake/move their stake to increase the % of validators that support the upgrade.
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