insane Claude Code setup.
instead of asking it to "mek app" like a total normie, you first let it spin up 1m subagents to simulate 10¹² branches of civilization from 4000 BC recursively to emulate in which universe a specific version of your app is going to be most successful
Yes, the goal of @paradigm and many other VCs is to suck as much value as possible from the Ethereum and broader ecosystem, while also adding value to the ecosystem in the service of maximizing their own gains. Paradigm is particular good at this. Subgoals include progressing the systems of the world towards rigorous decentralization, credibly neutrality, censorship resistance, and intrinsic privacy/confidentiality to the extent that such a world is more profitable -- and healthy in other ways -- for themselves and their investors.
As @fede_intern indicated, it is not news that Paradigm has been working to "own" Ethereum for years. That said, I don't believe there is reason for concern, and consider this kind of behavior natural and inevitable. And the gold rush of corpo-chains is validating for the traditional economy and signals our mainstreaming. Yes, I would prefer that Mallesh and Dankrad would focus their talent and energies fully on Ethereum. But both probably do need a fresh context to energize them, and since both are pure researchers, I expect they will continue to write papers and contribute broadly, as they indicated they would.
We need VCs for now because they represent a comfortable bridge for the world's capital to flow into our ecosystem. Very soon better, fairer, more broadly accessible onchain investment platforms with healthy tokenomics will mature sufficiently so that VCs will have no choice but to set up shop on these platforms, if they want to stay in the game. In bringing progressive decentralization to everything -- even up through layers of identity, reputation and governance -- we are on the precipice of totally changing the way the world works.
Ethereum will win -- already has won -- its niche: rigorously decentralized, credibly neutral digital asset settlement ledger infrastructure. It will establish itself as the world ledger, and then ethos/philosophy and economics will enable it to expand "up the stack" to become the world computer, as more apps get built and protocolized and tokenized. Corpo-chains will be important infrastructure built on top of neutral permissionless chains, just as SQL, No SQL, graph and vector DBs and many other kinds of database connect commercial endeavors to the internet and web. Next generation databases will validate, be verifiable, will be tamper-proof, will maintain an inspectable log of their history and they will all speak token -- the language of the decentralized economy. When all of this matures, the world will finally have a secure global information infrastructure.
Best wishes to Dankrad and Mallesh. They will always be friends and teammates.
How the 🇪🇺 EU overregulation kills European local businesses and internationals take over with five examples:
1) GDPR: All local online advertisements, handed over business to Google and Meta, while these two rape our data however they wish, as they can afford an army of lawyers and the cost to structure services as compliant.
2) EU VAT Directive: eCommerce, handed over to Amazon, Temu. For SMEs, handling VAT madness is a massive cost centre.
3) MiCA: All local crypto startups. Of the current ~60 MiCA-licensed companies, only a handful of them are local startups; the rest are international giants and banks like Coinbase.
4) AI Act: The EU has produced only 2 out of 35 large language models last year. Everyone is using ChatGPT and Gemini. Also, the two models produced are very behind the state of the art, to the level that they are not internationally competitive.
5) Digital Fairness Act: Mobile gaming. Now your EU mobile game development team needs a compliance team to cover the issue like selling items in games. "DFA's focus on interface design, algorithmic transparency, and automated processes requires deep technical understanding combined with legal expertise. Organizations should establish cross-functional compliance teams now, with clear ownership and accountability structures."
Consumers must be protected! All hail social democracy, where the society protects its vulnerable, and outsource the management of evil to compliance service providers who are more than happy to do it for a good price.
Here is a good book about the topic https://t.co/ohro31K14P