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.
" Cryptocurrency is the only thing currently being developed that can realistically combine the benefits of digitalization with cash-like respect for personal privacy."
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).
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%
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.