Splitting power is not an effective way to lead an organization. You need a clear decision maker who can lead based on a unified vision. Sharing power leads to indecision and inefficiency The ED should report to the board, so there is no worry about them running amuck.
- 0 replies
- 0 recasts
- 0 reactions
The reason that Ethereum has a low issuance rate is so that we can always be sure that node operators will "always" have an incentive to validate the chain. Unlike Bitcoin, where the security budget will one day rely on the volatility of fees, Ethereum will remain secure.
- 0 replies
- 0 recasts
- 0 reactions
People significantly underestimate how fast ETH L2 transaction volume will grow. Imagine if this chart represented the cost to send a text or email. Actually, we know what cost compression did to texting. In 2005, it cost $0.20 to send a text and US users sent 81 billion texts
- 0 replies
- 0 recasts
- 0 reactions