Summer of Protocols

“Protocols do not promote excellence, they prevent disasters.”

I don't want to believe that. 

Sounds rather like the pitch for democracy.

This is the alt account of Sister Hazel. Writings at https://powerlaw.systems. Building https://testnet.uvio.network. 

I am not sure how you would frame or cut it in order to call it a protocol, but Ethereum creates excellence in terms of value extraction, read MEV.

Maybe every market is designed to surface excellence based on its tradeoff distribution.

How would you think about that?

Likewise. If we can find an example of a protocol that creates excellence, that would be great evidence