Ethereum governance has failed.
We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the protocol.
Lane Rettig
20.7K posts
Lane Rettig
@lrettig
Making software and systems more human since 1993. My other hobbies include sci-fi, running, and preventing metadata leaks.
- You become an accredited investor by... Investing in things. Yet you're not allowed to invest in most things if you're not accredited. The more I think about it, the less sense this makes, and the more it feels the system is broken and the cards are stacked against us.
- Let me try to qualify this tweet. I see seven possible scenarios playing out, and none of them seem both likely and a good outcome. Let me attempt to break it down. Let me know what I'm missing:Replying to @lrettigEthereum is truly on the verge and I don't think enough people are paying attention.
- I need a ____ who understands crypto. - lawyer - banker - CPA - cofounder - therapist - marketer - legislator - storyteller - spouse - best friend - barista - dog This list is going to get longer and longer.
- My current works in progress: - be kinder - be more patient - be more equanimous - listen more - less ego - less twitter, more long form - focus - do less, better - minimize It's been a stressful week. Let's all be nice to each other and remember why we're here, kay? ♥️
- You had one job--ONE JOB: censorship resistance. It's the ONE THING that makes all the pain worthwhile: all the obnoxious, slow, painful decentralization theater. If you can't do that one thing, then there's no point in any of this and we should all pack up and go home already.Replying to @ercwlThere is no other option than fighting. Ethereum can’t comply with all nation’s censorship demands at the validator level, atleast not if it is supposed to go as far as to regulate block attestations (debatable). Zero censorship is the only neutral option for global consensus
- I want to share a secret about why ethereum is unstoppable. It's 1am and in the next room are two ethereum team members who each slept ~3 hrs last night. We already worked 14 hrs today. They're energetically discussing work, no sign of slowing down. These people do not rest.
- I want to talk about why Ethereum matters to me, and why it should matter to you, too. In 2018 when most people in the world hear "Ethereum" they think of ICOs and scams and shills. That's disappointing but understandable. The true message has gotten buried.
- I'm not the smartest. I'm not the best coder or researcher. I'm not the best with people, the best in marketing, writing or speaking, or the most productive. My superpower is that I'm willing to get on a flight anywhere, anytime and talk to anyone about how much I love Ethereum.
- BREAKING: layer one transaction censorship on Ethereum is no longer theoretical. I can't imagine this won't get worse after the merge. FWIW this is the first hard evidence I've seen of censorship actually happening in block productionEthermine, the largest Ethereum miner, stopped including Tornado router transactions over a week ago
- Thought experiment: fast-forward five years and the Ethereum experiment has failed. Why did it fail? Extra points for providing plausible detail. Hint: I don't think it would be because of the tech
- I just published “Twelve reasons I’m bullish about Ethereum today”
- At the very highest level of abstraction, Ethereum is an operating system for designing, building, and running new human institutions. This may be a much better metaphor than "world computer." Agree or disagree?
- Unpopular opinion: the increasingly messy, fragmented Ethereum L2 landscape is going to kill the ecosystem entirely and drive more and more applications and developers to monolithic/“integrated” ecosystems like Solana.
