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

parseb pfp
parseb
@parseb.eth
"has no way" your mind seems made up about it. The forces at play are knowable quantities. A problem to consider with the virtuous ethereum non-financialized governace is that it lacks analytical transparency. You can't prove that it is not a cartel. It is objectively indistinguishable from decentralization theater.
1 reply
0 recast
1 reaction

Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
I feel like I've been trying for a decade to solve centralization issues with in-protocol economic means, and it always end up coming up short. Meanwhile, core devs yelling at people for using [overly powerful thing here] plus Twitter sentiment pointing in the same direction... actually works.
1 reply
1 recast
9 reactions