I have some thoughts on the EF researchers conflict of interest. I am really sad and disappointed.
Disclosing compensation packages is a must.
But that aside, I am appalled that we have EF researchers, the people who guide the protocol development, take 6-7 figure compensation packages from protocols.
Even if you pinky promise to not let this cloud your judgement, and do it on a personal capacity that's impossible.
This is a clear as day conflict of interest of key decision makers of Ethereum protocol development and should absolutely not be tolerated.
Credible neutrality is not a good to have but a must have in the development of the ethereum protocol.
I am not saying people should not be paid well. But it's on the EF to pay them well. They have the money. Use it. And not only that but don't we have all the grant mechanisms and @ProtocolGuild raking in the top spots in all of them exactly for this reason? To pay protocol developers well and preserve their neutral stance? We are paying protocol guild millions in every round of every grant program out there. I mean wtf are we even paying the protocol guild for then? If some people also do backroom deals with big protocols and disclose them only when caught red handed?
Credible neutrality is a must. Researchers should either work for the EF and the base protocol or for Eigenlayer (or any eigenlayer). Not both.
And this is not only for eigenlayer ofc. Same could be said for any rich protocol trying to capture the base layer by having EF researchers on their payroll. Examples (not saying this is happening) could be uniswap pushing their "shadow logs" thing, paradigm their RETH implementation etc.
Ethereum should not be captured by private interests.
🇪🇺I wonder at what point will the EU bodies, its lawmakers and beauraucrats be held accountable for their actions
They are making regulations upon regulations aiming at "making Europe a global leader in XXX" but somehow the opposite seems to happen
Europe fades into irrelevance
The two cases of @SBF_FTX and @alex_pertsev tell you everything you need to know about US law and order
But yes, US-based RWAs that are backed by law and order are a good idea to pursue for all of DeFi 🤡 🌎
"No way to create a backdoor that only the good guys can walk through."
Signal President Meredith Whittaker says the Online Safety Bill will cause "unprecedented paradigm-shifting surveillance" - in a discussion with @cathynewman and former UK Tech minister Damian Collins.
A man who stole $10B, @SBF_FTX just got interviewed, portrayed almost as a victim and got an applause at the end
Still free and fine.
Aaron Swartz, who downloaded academic journals to share with the world got $1m in fines and 35 yrs in prison. This lead him to take his own life
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.
if you haven't visited the merge test site, you are ngmi
1.) https://t.co/JcStDkiS0A
2.) add Kintsugi network to metamask
3.) request 50eth from the faucet
4.) #TestingTheMerge 🍵