2.5 new institutions, per day, forever

And ye shall know them by the media they maintain

i've gotten a few unexpected comments that take my assessment to be neutral or, even that the outcomes are negative to be clear - i think commoditization here is far and away a positive. two quotes that are appropriate: "there are only two [operations], bundling and unbundling" Jim Barksdale, netscape CEO (slightly m... Show more

first time writing in a while: ethereum commoditizes institutional capabilities

~ liveness in network and software production ~

any recommends for entry level ethereum podcast/video episodes? ideally with an intro to blockchains and how ethereum is unique

commons domestic product (CDP)

the @protocolguild endowment is a source of short term relief and a covenant across generations of core devs

distributed networks are media

~ challenges to funding eth common goods ~ Ethereum has low user switching costs, censorship resistance, permissionless access, composability, open standards, network effects. The bar to leverage these characteristics to build services that make money is a lot lower than traditional infra; in the end, we get a marke... Show more

ethereum is a market machine which produces common resources for the lowest cost

happy 10 years ethereum =) next 10 will surface new dynamics - political economy will need to further mature - game board is larger + multi-dimensional - players will be more sophisticated still humans, shared resources & commons at the center still lots to do, scale, & interop

trust builds slowly slow is smooth and smooth is fast the next century will be built on Ethereum