Trent
@trent
1/ new piece! ↓ link + thread below ↓ "Protocol Guild: a funding framework for the Ethereum commons" an exploration of the commons scale resources that make Ethereum (network, asset, media), what underpins their integrity, and how @protocolguild can help with that
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Trent
@trent
2/ Thanks to @barnabe, John, @tbsocialist, @polar and @tim for review. https://trent.mirror.xyz/Lehny46ZMdxMEow0XE_RgowV2ntkp30chJRWPCEYbGQ
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Trent
@trent
3/ Ethereum is a commons like the natural + digital ones that precede it: fisheries, forests, the internet, Linux, etc Commons are productive systems which create resources for collective benefit
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Trent
@trent
4/ Ethereum's three shared resources: network, asset, media their confluence produces what we call Ethereum mainnet: they are deeply interdependent here, but altered forms make the edges of the broader commons
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Trent
@trent
5/ these resources are produced through protocols: technical, legal, economic, social, political complete ownership of each resource is not desirable, as it destroys their integrity. therefore, actors engage in production for influence extraction
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Trent
@trent
6/ @protocolguild gives us a transparent, legible, sustainable and accountable funding allocation mechanism for software media production
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Trent
@trent
7/ there are 5 main threads which make it unique: 1. narrow mandate 2. broad self-curation 3. members are individuals 4. 4yr onchain vesting contract 5. designed with time in mind it holistically funds stewardship of the entire watershed - not rivers in isolation
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Trent
@trent
8/ Commons have had a rough go under capitalism - but there is hope in long-lived natural precedents: irrigation, fisheries, farming. blossoming digital commons should practice the posture and develop the mechanisms necessary to ensure uncaptured longevity
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