Builders burn out while corporations profit off their free legos. Without financial support, free software becomes unsafe — putting users, companies, and communities at risk.
And when building public goods isn’t profitable, the best and brightest of our generation are drawn to more lucrative work, rationally putting self-interest above the needs of the community.

The Optimism Collective believes that building public goods should be profitable.
This key ingredient to the Optimistic vision is more than just altruism – it’s core to our success. Optimism’s codebase itself is an open-source project, and builds on the shoulders of countless OSS giants which came before it.
This means public goods funding is a critical growth strategy. For Optimism, well-funded public goods means better developer tooling, widespread user education, safer infrastructure, and industry-leading research. It means Optimism can last and thrive.

#hyperstructure
Once we show that this model can drive a successful economy for the Collective, we can take the principle of impact = profit to the world.
Together let’s end financial martyrdom, builder exploitation, and let’s empower people to change the world.

Because the ones that are crazy enough to think that they can, are the ones that do.

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More from @binji_x

Dec 6
(1/x) Summarizing Vitalik's post on what he is most excited about and adding teams I know are building these out.

This one is for all the thread enjoyers who don't like to leave Twitter. This post made me feel super optimistic, and I hope it does to you too.
"in many countries, links to global financial systems are limited, and inflation is a harsh reality. Črypto often steps in as a lifeline."

BUT gas and usability need help.

Things to watch for: L2s (@optimismFND +), Account Abstraction (@candidewallet , @soulwallet_eth ) Image
" Cryptocurrency is the only thing currently being developed that can realistically combine the benefits of digitalization with cash-like respect for personal privacy."
Read 13 tweets
Jul 21
#EthCC talk: Sybil Resistance for a more democratic web3 by @owocki

TLDR: Boosting decentralized coordination and trust via identities utilizing soulbound and DID systems.
To begin with, Kevin went through a list of answers to his "what is the purpose of Web 3" question. This was my favorite:

@carl_cervone: "to regenerate the world by taking the most powerful coordination tool invented - money - and reprogramming it with different values."
Decentralized Society 101:

- A soul (account)
- A credential that encodes into a soul's state
- An entity that creates a cluster of souls
Read 10 tweets
Jul 19
#ETHCC talk: Tales from MEV Land by @libevm

TLDR: a regular coder becomes an MEV extraordinaire.
LibEVM associates with the left curve (humble man), he believes that if he can be an MEV Searcher; so can you. Don't let this inflate your ego anon, Lib is just humble and he's worked hard (but with effort, you can be a searcher too). Image
He starts talking about DAI for a solid 5 minutes..he says in 2020:
- Sometimes DAI would go over $1, making for some juicy arbitrage opportunities.
- 110% Collateralization; Maker made it so you can mint 100 DAI with 110USDC. Soon enough a gov vote changed it to 101%
Read 8 tweets
Jul 19
As part of my event FOMO coping strategy, I will be writing threads on as many talks from #EthCC as I can. I'll be watching these on the livestream and taking notes so us non-Parisians can tune in. 🧶
I cannot start any of this without doing my first one on those who make the entire event possible -- @EthereumFr!
As a non-profit and stewards of Public Goods Ethereum France and ETHCC is a wonderful example of the true spirit of Ethereum. The fact that this conference has been running for so long and grows in size with every annum is a testament to the power of a decentralized community.
Read 5 tweets

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