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

Jesse Walden pfp
Jesse Walden
@jesse
How do you feel about zk-verified AI agents taking the place of governance to automate “ex-protocol” incentives, “paying people to be decentralized?”
1 reply
0 recast
0 reaction

parseb pfp
parseb
@parseb.eth
"pay people to be decentralized" - sounds dissapointingly pejorative. It is more so that the degree of decentralization should be a core determinant of value. Centralized things should be cheaper as they come with more unpredictability and risk. No need to pay me, I just have to be able to easily see it for what it is.
0 reply
0 recast
0 reaction

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
0 recast
0 reaction

abranti pfp
abranti
@abranti
can’t proof of humanity tools like worldcoin enable protocols to pay people to be decentralized?
1 reply
0 recast
0 reaction