I actually don't think it's complicated.IMO the future of onchain mechanism design is mostly going to fit into one pattern:[something that looks like a prediction market] -> [something that looks like a capture-resistant, non-financialized preference-setting gadget]In other words:* One layer that is maximally open and maximizes accountability (it's a market, anyone can buy and sell, if you make good decisions you win money if you make bad decisions you lose money)* One layer that is decentralized and plural ...

How I would do creator coinsWe've seen about 10 years of people trying to do content incentivization in crypto, from early-stage platforms like Bihu and Steemit, to BitClout in 2021, to Zora, to tipping features inside of decentralized social, and more. So far, I think we have not been very successful, and I think this is because the problem is fundamentally hard.First, my view of what the problem is. A major difference between doing "creator incentives" in the 00s vs doing them today, is that in the 00s, a ...

In these five years, the Ethereum Foundation is entering a period of mild austerity, in order to be able to simultaneously meet two goals:1. Deliver on an aggressive roadmap that ensures Ethereum's status as a performant and scalable world computer that does not compromise on robustness, sustainability and decentralization.2. Ensures the Ethereum Foundation's own ability to sustain into the long term, and protect Ethereum's core mission and goals, including both the core blockchain layer as well as users' a ...

RT thedao.fund (@thedaofund)TheDAO is back. BULLISHA decade later, we’re opening a new chapter.TheDAO Security Fund: activating 75,000+ ETH to strengthen Ethereum security.https://t.co/VV3cH313TE https://t.co/1Sf3g7xUWv ...

RT vitalik.eth (@VitalikButerin)I'll do the ill-advised thing and try to explain my own thought process and constraints (and possibly unadmitted cowardice) that guide when I do and don't speak on these kinds of political topics - and further down just say what some of my direct opinions are. It's 2026, the careful route isn't getting us anywhere anymore, might as well try being open.When it comes to hot political issues (not abstract questions like tax policy, surveillance, etc, which it's actually easy to ...

The situation in Iran is continuing to get much worse. Much respect for everyone going through extreme danger to try to increase the chance that Iranian people can be free.Sariraa.eth (@SariraMerikhi):Day 19 of the internet blackout in Iran and we’re out here testing hundreds of VPNs just to post a few damn words.- We’ve cried so much for our friends and our people that there’s literally no tears left. All that’s inside us now is rage, curses, and a burning thirst for ...

This morning I needed to check which addresses were signers on my multisig.I was on my phone, and did not have the Safe app installed there.I realized that I could just look up my address on etherscan, and use the "read contract" feature to get what I want directly.These are the kinds of additional UX benefits you get if your wallet or application is open source and passes the walkaway test. Giving users access to alternative options often helps in unexpected situations much more mundane than the Safe websi ...

The scaling hierarchy in blockchains:Computation > data > stateComputation is easier to scale than data. You can parallelize it, require the block builder to provide all kinds of "hints" for it, or just replace arbitrary amounts of it with a proof of it.Data is in the middle. If an availability guarantee on data is required, then that guarantee is required, no way around it. But you _can_ split it up and erasure code it, a la PeerDAS. You can do graceful degradation for it: if a node only has 1/10 the data ...

I no longer agree with this previous tweet of mine - since 2017, I have become a much more willing connoisseur of mountains. It's worth explaining why.https://t.co/LerCobzgvoFirst, the original context. That tweet was in a debate with Ian Grigg, who argued that blockchains should track the order of transactions, but not the state (eg. user balances, smart contract code and storage):> The messages are logged, but the state (e.g., UTXO) is implied, which means it is constructed by the computer internally, and ...

The relationship between "institutions" and "cypherpunk" is complex and needs to be understood properly. In truth, institutions (both governments and corporations) are neither guaranteed friend nor foe.Exhibit A: https://t.co/PyTcxu1lkV European Union seeking to aggressively support open sourceExhibit B: https://t.co/RUQvp0nh1B European Union bureaucrats want Chat Control (mandatory encryption backdoors)Exhibit C: the Patriot Act (which, we must note, _neither party_ now expresses much interest in repealing ...