Vitalik: It is important that DAO is not decentralized by the company's autonomous organization

Recently, there has been a lot of discussion about the view that highly decentralized DAO is not feasible. DAO governance should start to be closer to traditional corporate governance in order to maintain competitiveness. The arguments are always similar: highly decentralized governance is inefficient, while the traditional corporate governance structure consisting of the board of directors and CEO has evolved for hundreds of years to optimize the goal of making correct decisions and creating value for shareholders in the changing world. The idealists of DAO naively assume that the decentralized egalitarian ideal can go beyond this, and there are at most attempts to do so in the traditional enterprise sector

ETHW forked for 72 hours: market value plummeted and miners left

ETHW's opening was eclipsed. Article: More than 72 hours have passed since the birth of Ethereum Pow (Ethereum Pow). During this period, the ETHW network was in constant turmoil. First, it used the same chain ID as the SmartBCH test network, causing network connectivity problems; Later, the security agency pointed out that ETHW suffered replay attacks and lost 200 ETHW tokens. In the secondary trading market, the ETHW generated from the original ETH 1:1 mapping

How will Ethereum upgrade affect the development of Layer2?

On September 15, with the completion of the merger of Ethereum, PoW miners withdrew from the ecosystem, and Ethereum officially became a PoS mechanism. Ethereum is a huge ecosystem, with thousands of decentralized applications and decentralized financial protocols running on its chain. In traditional centralized finance, payment systems such as Visa and Mastercard are confirmed by the processing center, which can support 65000 financial transactions per second. In contrast, the Ethereum blockchain can only process no more than 30 transfers per second. In order to solve the dilemma of blockchain expansion

How are the eight co founders of Ethereum now?

Original author: Huohuo On June 7, 2014, witnessed by the eight co founders, the idea of Ethereum was born in a rental house called "spaceship" in the Swiss forest. Today, the maximum market value can exceed $150 billion. In fact, since the birth of Ethereum, the encryption industry has caused a storm, and even set off wave after wave of craze in the web3 world, such as from 1CO, NFT, to Defi, IDO and other concepts. Even the concept of Web3 comes from a co-founder of Ethereum

How did the eight founders of Ethereum fall apart?

Author: Huohuo On June 7, 2014, witnessed by the eight co founders, the idea of Ethereum was born in a rental house called "spaceship" in the Swiss forest. Today, the maximum market value can exceed $150 billion. In fact, since the birth of Ethereum, the encryption industry has caused a storm, and even set off wave after wave of craze in the web3 world, such as from 1CO, NFT, to Defi, IDO and other concepts. Even the concept of Web3 comes from a co-founder of Ethereum. And the Ethereum is

Ethereum roadmap: Rollup+sharding is the key to capacity expansion after consolidation

Yesterday, Ethereum finally completed the consensus iteration from POW to POS. The merger is only one link in the Ethereum roadmap. What will the Ethereum roadmap look like? First, the Ethereum roadmap is divided into three stages: beacon chain, merging and sharding. Their time nodes are beacon chains: Rollup: Arbitrum will go online on December 1, 2020 (September 2021), and the upgraded version Nova of Arbitrum will go online recently. Optimal will go online in March 2022. ZK rollu

From the data, will ETH become a super sound currency after the merger?

Original author: The merger of Korpi Ethereum finally took place. Is ETH a super sound currency now? What is expected inflation/deflation? A short thread and some simple charts to understand the release, destruction and super soundness of ETH. What does Ultra Sound mean? BTC is considered a stable currency due to the upper limit of Bitcoin supply. If the supply of ETH is decreasing, we can call it Ultra Sound. What is the supply of ETH

Vitalik Buterin: What are the three visions of Layer3?

Original text: Vitalik Buterin, translated and edited by DeFi. Special thanks to Georgios Konstantopoulos, Karl Florsch and Starkware for their feedback and review. A recurring theme in the discussion of Layer 2 (L2) extensions is the concept of "Layer 3" (L3). If we can build an L2 protocol, which is anchored to L1 to achieve security and increase scalability at the top, then we

How to transfer soul bound tokens and sell them on OpenSea?

Even if the token itself is not transferable, SBT will also shake the meaning of soul binding with the transfer of its address authority itself. Original title: "A Method of Transferring and Aucting the Non transferable Soul to Bind Tokens in Os" Written by: Vitalik , founder of Ethereum in early May; After the publication of the soul token SBT paper, it quickly became one of the hottest topics in the whole Web3 field. Vitalik used this SBT when it released a new book not long ago. Anyone can donate any amount and get a soul

Vitalik: What kind of Layer3 is meaningful

If we can build the L2 protocol to anchor to L1 to achieve security and increase scalability, then we can build the L3 protocol to anchor to L2 to achieve security and increase more scalability? A topic that often resurfaces in the discussion of layer 2 expansion is the concept of "layer 3s". If we can build a layer 2 protocol to anchor to layer 1 to achieve its security and increase its scalability as the main purpose, then of course we can build an "anchor