Ethereum founder Vitalik Buterin tweeted that there are still some open contradictions in my thoughts and values, which I have been thinking about but still feel that I have not fully resolved. I hope to see Ethereum become a system more like Bitcoin, emphasizing long-term stability, including cultural stability, and I realize that to achieve this goal requires quite a lot of actively coordinated short-term changes, which is a contradiction between the two. I tend to reduce dependence on individuals and try to build fixed systems that stand the test of time. I hope to see Ethereum become L1 that can survive in real extreme situations, but I realize that many key applications on Ethereum already rely on security assumptions that are much more fragile than anything we think is acceptable in the design of the Ethereum protocol, which is a contradiction between the two. I don't like many modern financial blockchain "applications" (high-priced NFTs, etc.), but I reluctantly appreciate that these things are an important part of keeping the cryptocurrency economy running and paying for all the cool DAO/governance experiments I like. |
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