This is a post I've been wanting to write for ten years.
Much of the debate around consensus has been over proof-of-work vs proof-of-stake. But there is an option that is simpler, more robust, and supports in-protocol governance.
https://t.co/7L3ivh98U5
🧵👇
1/ There are no other constitutional rights in substance without freedom to transact
Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.
We do not live in a world of facts. We live in a world of narratives. Narratives are designed to engage us on an emotional level. These narratives are also almost always built around two opposing dialectics. The world is both directly & indirectly/intentionally & unintentionally
Web 2.0: Giving up control of your digital life and letting companies profit off you.
Web 3.0: Having full control of your digital life and receiving instant economic benefits both as a user and creator.
#Web2 vs #Web3
It is horrifying to me that we are even considering a $3.5 trillion spending bill when we are almost $29 TRILLION in debt. Instead of addressing this problem, we are taking cheap shots at one another to win the next election. It’s unconscionable.
I think this is a critical principle for our society now. It’s very relevant in terms of us getting to the best answers together. The alternative is very scary. (1/2)