@VitalikButerin: Ethereum was created to set people free, not for efficiency
AI summary of the linked articleVitalik Buterin argues that Ethereum was created to set people free rather than to make finance efficient or apps convenient, and that its primary game should be resilience. He describes resilience as minimizing the chance of catastrophic loss, such as a deplatformed user, a bankrupt developer, a Cloudflare outage, or a cyberwar, so that the network keeps working as intended. He says efficiency and convenience are games that large corporate players will always be better at. He concludes that Ethereum must first be decentralized, permissionless and resilient blockspace, and only then make that blockspace abundant. |
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