Value accrual vs Credible neutrality
Either Ethereum is a public good.
Or a rent-seeking intermediary.
No value accrual in the former.
No credible neutrality in the latter.
The only way to square the circle:
Ethereum fees near zero, and
ETH is programmable money.
Glad that’s where we are trending!
Appreciate the effort here but in this case, you are conflating maximalism of values with maximalism of chains.
The reason "ETH maxis" don't just change position on a whim is because they are driven by principles of the tech, not the circumstances.
You seem to completely miss this, or just not share in the principles at all, which is fine.
But you cannot fault others for being steadfast in principle, or begrudge them for not playing loose with what they consider is of value.
If some new tech came out tomorrow that was a better solution to optimize for economic freedom for the common man, Id happily go that direction, and I know many other "ETH maxis" would as well.
You are either really missing it, or not addressing the true critique, just my perspective.
Proud of this little guy for proposing his 100th block recently after making the leap to solo staking 2 years ago. No data center required 😎.
The best part about getting involved was experiencing firsthand how genuine the Ethereum community is.
As a non dev it felt a little intimidating getting everything set up, but there were so many individuals that helped me troubleshoot or answered tons of questions without asking for anything in return.
So if you’ve ever wanted to participate but had any reservations about doing so, know that there are now tons of resources and options that make staking from home easy that don’t require 32 ETH!
Crypto X really gives off the impression that almost everyone is only here to extract on the latest VC grift, farm airdrops, gamble on memecoins, or bet on the latest number go up coin.
The Ethereum community seems to be the only exception that still prioritizes cypherpunk values and decentralization above all else.
No other network has thousands of individuals running validators from home to support decentralization, even when it’d be more convenient and profitable for them to just use a staking service (solo stakers usually have a lower APY since they won’t have enough ETH to propose blocks frequently).
Ethereum’s strength has always been its genuine community of developers, home stakers, and supporters that believe in more than just making money. I believe if blockchain tech has any realistic chance of positively transforming the world then it will be Ethereum.
hot take
the reason ethereum became the top smart contract chain was simple: it attracted the best devs and researchers
and the reason it attracted the best devs and researchers was also simple: its values as an infinite garden
to trash that for cringe edgelord nfts is insane
Hot take: CT is still like this and if you think otherwise reconsider your following.
Some examples from today of cool stuff being built in the open
👇🏾👇🏾
@Ceypto1@superphiz@Rocket_Pool There are really good docs on the rocket pool webpage but I would go to the discord for help. Community is generally quite eager to onboard new folks.
Multiple 7-figure xrETH mints over the weekend. We're pleased that as of today, Constellation has ingested:
1. xrETH: 1,902 ETH
2. xRPL: 239,257 RPL (1,053 ETH)
3. rETH: 5,136 ETH
Total: 8,091 ETH or ~$21.6m
Let's continue growing the system!
Congratulations to holders of the Kitsugi: Ethereum Merge Testnet POAP.
You have just received a share of $RPL from some anonymous benefactor in recognition of your contribution.
80 $RPL to all! Thank you anon 🙏🏽
ATTENTION @Rocket_Pool NODE OPERATORS:
The recent #Houston upgrade has ushered in onchain voting for the $RPL pDAO.
This means you MUST “initialize” your node and optionally delegate your voting power.
~2,000 nodes still need to do this!!
1/4
Introducing $gravETH - the ONLY decentralized LST on StakeWiseV3
A collaboration with @StakeWise_io and @Nodeoperators, secured by over 250 geographically distributed node operators.
Experience non-custodial and truly permissionless staking. 🌐🔒
https://t.co/w5pPZY4ftq
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