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Drew Van der Werff ๐Ÿฆ‡๐Ÿ”Š๐ŸŒณโ›ณ๏ธ
@DrewVdW
Helping to drive @blockspace_eth + @Commit_Boost & @Fabric_ethereum | Prev: Investing @BHDigitalAssets & Digital Assets OG @Goldmansachs
๊ฐ€์ž… May 2022
1.2K ํŒ”๋กœ์ž‰ ์ค‘    2.4K ํŒฌ
Great heads up play by @dankrad on @Blockspace_ETH. ๐Ÿซก
The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it. The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it. If we want to get Ethereum back to winning: - create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap - find a leader who is competent and wants to fight - make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it - fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability). Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).
๋” ๋ณด๊ธฐ