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🌊 Ξasy 🌊
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🌊 Ξasy 🌊
@_easyduzit
GHXSTS | BAYC | XCOPY 🐸
ERC-721 Katılım Mart 2013
5.1K Takip Edilen3.8K Takipçiler
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“Ethereum was not created to make finance efficient or apps convenient. It was created to set people free”
This was an important - and controversial - line from the Trustless Manifesto ( trustlessness.eth.limo ), and it is worth revisiting it and better understanding what it means.
“efficient” and “convenient” have the connotation of improving the average case, in situations where it’s already pretty good. Efficiency is about telling the world's best engineers to put their souls into reducing latency from 473 ms to 368ms, or increasing yields from 4.5% APY to 5.3% APY. Convenience is about people making one click instead of three, and reducing signup times from 1 min to 20 sec.
These things can be good to do. But we must do them under the understanding that we will never be as good at this game as the Silicon Valley corporate players. And so the primary underlying game that Ethereum plays must be a different game. What is the game? Resilience.
Resilience is the game where it’s not about 4.5% APY vs 5.3% APY - rather, it’s about minimizing the chance that you get -100% APY.
Resilience is the game where if you become politically unpopular and get deplatformed, or if a the developers of your application go bankrupt or disappear, or if Cloudflare goes down, or if an internet cyberwar breaks out, your 2000ms latency continues to be 2000ms.
Resilience is the game where anyone, anywhere in the world will be able to access the network and be a first-class participant.
Resilience is sovereignty. Not sovereignty in the sense of lobbying to become a UN member state and shaking hands at Davos in two weeks, but sovereignty in the sense that people talk about "digital sovereignty" or "food sovereignty" - aggressively reducing your vulnerabilities to external dependencies that can be taken away from you on a whim. This is the sense in which the world computer can be sovereign, and in doing so make its users also sovereign.
This baseline is what enables interdependence as equals, and not as vassals of corporate overlords thousands of kilometers away.
This is the game that Ethereum is suited to win, and it delivers a type of value that, in our increasingly unstable world, a lot of people are going to need.
The fundamental DNA of web2 consumer tech is not suited to resilience. The fundamental DNA of _finance_ often spends considerable effort on resilience, but it is a very partial form of resilience, good at solving for some types of risks but not others.
Blockspace is abundant. Decentralized, permissionless and resilient blockspace is not. Ethereum must first and foremost be decentralized, permissionless and resilient block space - and then make that abundant.
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SuperRare x The Doomed DAO present:
Tech Won’t Save Us
An @XCOPYART solo exhibition curated by members of @thedoomedxyz
December 10–19, Offline Gallery NYC.
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@anonchain i remember being in a clubhouse room & you having this ape as your PFP & it was the first time i saw a trippy
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I sold this Ape once as a record high sale at the time, 4 1/2 years ago.
Oh how time flies... 🙈
Cirrus@CirrusNFT
Looking to move maybe the best ape in the collection Last sold 4 yrs ago for 500e ($2m) when it broke the record for highest BAYC sale Dms open for serious offers
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