Thread by @ethereumJoseph

We’re on the verge of a paradigm shift that will be heard around the world.

Consensys is on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy. 

During my talk earlier at DevCon, I shared how we’re moving towards rigorous decentralization and empowering sovereign individuals:

1/13

For years, companies in our industry have been living in fear, unable to engage in activities that should be natural for a Web3 company. We’ve been operating in a climate of regulatory uncertainty, with gaslighting and carpet bombing from the SEC stifling our progress.

2/13

There’s been concern about a second American Revolution. There is indeed going to be another Revolution. It will be a bloodless and probably bi-partisan revolution that sheds the regulatory cruft and reformats America according to the principles under which she was founded: 

Liberty and Justice for All, distrust for overreaching centralized authority and a healthy reverence for self-determination and decentralization

3/13

Paraphrasing William Gibson: “The world of decentralization is already here. It is just unevenly distributed.” While it is finally looking like America is getting on track, decentralization has already been blossoming in many places where it is needed or where opportunity presents. 

Decentralized protocols flourish in places like Argentina where industrious people need ways to route around the damage wrought by centralized government, or in Asia or the Middle East, where the population is hungry for opportunity and agile in how it responds.

4/13

Our global Decentralization Project – the natural evolution of the American Project – will bring new kinds of sovereignty to the people and communities of this planet.  And it will grow viral, crossing different kinds of borders, because once you see decentralization at work, you can’t unsee it.

5/13

Consensys was formed to continue the vision and mission of the Ethereum Project.

And just like Ethereum, we are dedicated to progressive prudent decentralization of everything we do.

6/13

@MetaMask, for instance, is progressively decentralizing itself with MetaMask Snaps, and has been leaning into Account Abstraction for a while.

@LineaBuild is accelerating on the progressive path to rigorous decentralization and token-based community governance with the Linea Association. Linea’s evolution will be maximally Ethereum aligned.

7/13

Many of you out there are already self sovereign online and on-chain.  But we are all in the early stages of discovering what self sovereignty means for ourselves and our communities.

We’ll be living more of our lives onchain, as our finances, identities, communications, art, and entertainment, are increasingly mediated by open networks and decentralized protocols.

8/13

Today, we’re launching , a project inviting everyone to declare their personal sovereignty, as another small step toward the decentralized future.

9/13SOVS.XYZ

You can go to sovs.xyz now to attest to the kinds of sovereignty that matter most to you, and write your support for the emerging world of network states, and our liberation through them, permanently on Linea.

We have bigger plans coming soon: this is the beginning of a partnership with the community to build a network we all want to be a part of.

10/13

What’s next? When we hear WWW in the decentralized future, we should think about a Win Win Win world computer.

Satoshi invented decentralized trust, possibly the most profound invention in human history.  Humanity has flourished via communication and coordination capabilities that give us massive advantages over other species. Coordination requires trust.

11/13

What’s next? When we hear WWW in the decentralized future, we should think about a Win Win Win world computer.

Satoshi invented decentralized trust, possibly the most profound invention in human history.  Humanity has flourished via communication and coordination capabilities that give us massive advantages over other species. Coordination requires trust.

11/13

Self sovereigns in the decentralized future will be the CEOs of themselves.  And they will collaborate with other CEOs using credible commitments on Ethereum.  They will have clouds of AI Allies amplifying their capabilities.  And they will delegate on-chain powers to those AIs and to other collaborator CEOs.

12/13

So what will leadership look like in a Web3 world?  That’s up to you.



<End>consensys.io/blog/decentral…

Self sovereigns in the decentralized future will be the CEOs of themselves.  And they will collaborate with other CEOs using credible commitments on Ethereum.  They will have clouds of AI Allies amplifying their capabilities.  And they will delegate on-chain powers to those AIs and to other collaborator CEOs.

12/13

So what will leadership look like in a Web3 world?  That’s up to you.

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consensys.io/blog/decentral…