Vitalik Buterin explains how Ethereum’s (ETH) eco-system can be both decentralized and cooperative without compromising on either.
The Ethereum creator has written a blog that argues the strength of the Ethereum ecosystem comes from its wide variety of individuals and organisations working on it.
The primary challenge for all of these projects is to ensure that they are collectively building something which feels like an Ethereum ecosystem and not 138 fiefdoms.
Open source, minimize centralization and support public goods are all examples of Ethereum alignment. This can include values alignment (e.g., be open-source, support public good, and minimize centralization), technical alignments (e.g., work with ecosystem-wide standards), or economic alignments. Work with standards that are ecosystem wide) and an economic alignment. Use ETH whenever possible. The concept of alignment has been historically poorly defined. This creates the risk that social layers will be captured. If having the right people around you is what it means to align, then the concept as a whole has failed .”
Buterin then presents some concepts that he believes make “alignment”, more legible, and easier to understand. First, a commitment is made to open-source.
This is important for two main reasons. (i) Code can be inspected to verify security. (ii), reducing proprietary lock-in, and (iii) allowing third party improvements without permission. The core infrastructure of the ecosystem is not required to be open-source for every component. “The gold standard is FSF’s free software and OSI’s open-source definition.”
He wants the members of Ethereum’s ecosystem to also build upon open standards, and work towards interoperability.
The ERCs that are compatible with applications and wallets can be rated. The compatibility of applications and wallets with .” can be determined by the ERCs that they support.
Buterin mentions also decentralization, security and the need to avoid censorship and points of distrust.
The natural metrics include (i) a walkaway test, which asks if the application will still work if the team or servers were to disappear tomorrow; and (ii), an insider attack, in which the team itself would attempt to hack the system. How much damage could be done? The L2beat Rollup Stages .” are an important formalization.
He argues, finally, that projects within the ecosystem should have a “positive sum” both to the Ethereum community as well as the wider world.
“Ethereum’s mission is to create a world that is more open and free, to enable ownership and collaboration in new ways, and to positively contribute to the important issues facing mankind. Is your project a good example? Example applications include those that provide sustainable value for a wider audience (eg. Financial inclusion, % contributions to beyond-Ethereum goods and services. Building technology that has utility beyond cryptocurrency (e.g. Funding mechanisms, computer security in general) is actually used within those contexts .”
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