ananth @plaintextbread
looking for somewhere to be useful || used to do (mostly gov) stuff @vertex_protocol @MetricsDAO || aka @ananthnann https://t.co/7NZ5vRGeYo https://t.co/Zp8xKBWvDl Joined August 2021-
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content of the proposal aside this feels like the kinda thing you should at least try to make the thread look like a person actually wrote it
🚨 New EIP: Tapered Issuance Burn We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply. EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @Pa7x1, @ladislaus0x &
@devanshmehta @MetaDAOProject if there's no slashing and only one proposal can be live at a time can I stake 2% and then loop something to continuously clog the spot with something meaningless until people stop caring about the project
ill believe they are both doomed as ideas when I stop seeing people comment "investing in this at 5 likes" and all the RuneScape and WoW gold selling sites shut down
content coins can work just like crypto gaming stuff can work the problem with both is still building something thats framed in a way that makes speculation matter more than the product itself but making a good game or interesting new social app is hard!
trading means every asset. tokenized stocks, memes, app coins, whatever you want to trade. payments means stablecoins that work globally, for people and for enterprises. agents means accelerating all of it because crypto is native money for computers and artificial intelligence
a few years late but i wrote a little about things i wish we pushed more not really meant for a ct audience tbh but if anyone has feedback on content or the writing itself lmk please i want to get better ananth.link/prosocial-cryp…
People who dismiss or mock CROPS properties because today’s semi-decentralized institutional chains are working well forget two things: a) governments change, and b) the current US administration has been not only friendly toward crypto, but also max-extractive. It seems pretty obvious that sooner or later, future regulators will respond with retaliatory measures. If I had to guess, they will come as low-level compliance restrictions imposed through centralized entities. Look at Europe’s MiCA and some of the recent policy ideas there for a sense of where this can go. The only real escape hatch is truly decentralized infrastructure. You can’t enforce something that is unenforceable by design. But it needs to be built now, not once those restrictions are already in place. No one will want to break something that is already working, but old-world regulators will be very keen to plug every loophole tested after the next wave of regulation. That’s why it is so important to have a truly neutral and permissionless Ethereum, and to build the structures on top of it the right way.
Funny how everyone is like yeah shut the DAO down and send the treasury to me, instead of let’s build a better DAO.
new year same discourse
Centralization risk is about whether too much power sits in too few hands, even when each individual component looks legitimate in isolation. The whole system can depend on a small group of founders, validators, delegates, or infrastructure operators without any single component
Focusing on governance attacks while ignoring governance capture is a good way to create a secure organization that is now controlled by a small group of people
crypto news is a hard business. particularly without succumbing to paid promotion @dlnews was great, and I'm sorry to see them go we need to figure out how to actually fund the news
@corbpage .@halofi_me sorta a few years ago but that was more to encourage good saving habits than user acquisition I think
The risk and burden is now: 1️⃣ Operational: Subjectively vetting every request 2️⃣ Legal: Taking on the liability & responsibility with having "the power to act." I assume it costs social media companies billions to manage this. Hence Elon put it back on community notes.
no win situation I think probably the right decision in the moment but curious to see if security councils or other points of control get pressured to take action more after this and where that line gets drawn
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times,
you can be happy that north korea did not get $70m to fund nuclear weapons and you can also be sad that trusted human intervention was the only way to prevent them from doing so. lots to figure out and excited to see these processes get stronger, less fallible to future
We’re thrilled to unveil our new Interactive Interop page - a visual map of how value moves across the ecosystem. The ecosystem is no longer a list of silos. Our interactive hub lets you visualize the connections between 15 chains and 33 supported protocols. 👇
I think it's great that the security council stepped up and stopped NK. The interesting question is what the line will be in the future. Personally I think it will be great if crypto projects start establishing their own jurisdictions and clearly define how they make decisions
Couple of questions on the Arbitrum recovery: 1) Are all future hacks on Arbitrum open to being frozen and moved to the DAO address? 2) Are past hacks eligible for fund recovery by the security council? 3) What’s the dollar cut off for the involvement of the council?
the shitcoin subcommittee of the security council handles the dumber rugs
doesn't go far enough, delete the forum entirely. cant have the unwashed masses reading the words of the enlightened and thinking they could possibly understand them and contribute in any way.
Governance forums were always a mistake. I think I've read <10 useful posts from so called "community members", and I've read a lot. But now in the age of AI agents, the cost of producing governance slop has gone to zero, and the supply of spam has exploded. I think I'd like to
🗳️ With @tallyxyz winding down, delegates and token holders need reliable places to participate. Multiple independent frontends aren't just nice to have, they reduce single points of failure. 🔗 Anticapture is now available as a governance interface: anticapture.com
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