fishbiscuit @ 🍀 Profile picture
Jan 20 12 tweets 5 min read Read on X
It's been a week of scapegoating @AyaMiyagotchi with our discontent towards anything (and everything) @ethereum.

Firstly, a thank you to folks that engage productively, I've learned a lot

So here we go, @ethereumfndn mythbusters edition so we can at least agree on some facts
1. @solana bullposts and highlights great projects and @ethereum doesn't

True, but @ethereum was the @ethereumfndn account. Check out @SolanaFndn
- very few tweets
- mostly RT

it's the exact same thing. well now this has been clarified and @ethereum is posting more actively Image
2. @ethereumfndn doesn't use the chain

They allocated 42,000 ETH to be staked with 9 client teams to help fund them.

@ethStaker role modelling in action!

blog.ethereum.org/2021/12/13/cli…
2b. @ethereumfndn doesn't use the chain

Oh wait obviously we're not done. @ProtocolGuild coming in with the mergooor pass, EIP1559 NFT, beacon book, @0xsplits and many more with the indefatigable @trent_vanepps & @TimBeiko Image
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2c. @ethereumfndn doesn't use the chain

@EFDevcon accepts ticket purchases in crypto, @ZupassProject , @fileverse

@EF_ESP giving out grants on mainnet and even L2s Image
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3. @ethereumfndn dumps ETH

2 approaches - not sell or stake ETH to relieve sell pressure

2 responses, @loi_luu pointing out the double standard, and @SECGov going after ethereum since 2022 Image
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4. @ethereumfndn employees don't use the chain

tbh doxxing your own employees into the twitter mob sounds like a horrible idea. also whatever happened to our cypherpunk values of privacy?
5. @ethereumfndn doesn't pay core devs/ don't pay core devs enough

@0xstark has literally been saying this since the report came out months ago

also many community development grants go to developer meetups/events

also kudos to the incredible work by @ProtocolGuild Image
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6. @ethereum doesn't want to win/not engaging institutions

This is literally what @EntEthAlliance & @Consensys are doing and many more orgs

I mean, @vaneck_us reps a pudgy + donates 10% of ETF profits to PG

As @0xstark says, ethereum has 100 bd teams, go engage them instead Image
7. @ethereumfndn doesn't take feedback and is opaque

@jchaskin22 is doing what people are asking now with supporting builders

as for opaqueness - unless you knew every single thing that was on this thread (which is public), there's basically too much happening to keep up Image
disclaimer: I don't even work for the EF

But as a community member, I am worried new folks enter this space; see week after week of infighting and utterly bad faith engagement

This is not a place people will feel safe in.

Also, a little searching sometimes yields an answer
Now we can go back to discuss
- if EF is doing too little/
- what can YOU do for Ethereum
- aligning around goals @VitalikButerin highlighted that require ecosystem wide coordination

But most importantly remember @ethereum isn't a corpo, it's closer to a movement with a soul Image
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More from @not_qz

Sep 22, 2021
Why so complex @rabbithole_gg? 🤣

Latest Quest 🗺️ by Rabbithole involved a lot of steps! You've had to use @Uniswap , @optimismPBC , @SushiSwap , @QuickswapDEX , @PoolTogether_ , and @AaveAave .

Here's my journey: hackmd.io/@p4jJv-s3QGywt…

🧵for the pitfalls you might reach!
1⃣ Preparation
First thing you notice is that there's 2 requirements and lots of swapping. Well let's chart out an end goal.
You'd need some assets to deposit on Aave, USDT for pooltogether, and assets for Sushiswap's LP.

This means there's another dependency, check for best LP.
2⃣ Bridging on Optimism 🕐
This task would take the longest because you have to wait 20 minutes. I suppose you can do this last so you don't have to wait and can just do other things first.
Read 4 tweets
Sep 22, 2021
Summary in 8⃣ parts of @0xstark 's article on Cryptoeconomics for @scribeDAO

Read here: stark.mirror.xyz/nn67JunTBHw61n…

tl;dr
Web3 allows us to design incentives that can shape user behaviour. Cryptography is used to secure user actions while economics can predict and influence them.
1⃣ What is Cryptoeconomics
- 💻Cryptoeconomics is the use of incentives and cryptography to design new kinds of systems, applications, and networks
- 🦾This is most in common with mechanism design
2⃣ Bitcoin as a case study
- 💸relies on economic incentives and penalties to make attacks expensive
- 🎮public-private key infrastructure to guarantee users that they have exclusive control over their Bitcoin
- 🕵️‍♀️Transforms information security problems to economic terms.
Read 9 tweets
Sep 3, 2021
Summary in 5⃣ parts of DAO research collective's article by @c_spelliscy for @scribeDAO

tl;dr
Seeking legal clarity and talent management is most challenging for DAOs now

Read it here: thedefiant.io/scaling-daos/
1⃣: Legal uncertainty is the biggest issue for DAOs
- 👀 need clarity on operations, treaury management, taxation etc
- 🧑‍⚖️DAOs need to be able to engage with regulators to establish and protect their rights
2⃣: Legally compliant relationships with people that work in DAOs are most pressing
- 🆕many of these new relationships have no legal precedents
- 🌎DAO talent located in jurisdictions around the world with different employment laws
Read 6 tweets

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