Validator set size, accessibility, sustainability, and network mobility are equally important. If a validator set requires non-residential uplinks, data center hardware, and corporate sponsors, then its strategies under attack or duress are narrow and susceptible to law fare.

RT @hwwonx: The @ethereumfndn will be matching up to another $500K in donations to the legal defense of Roman Storm. Privacy is normal, an….

Join millions who have switched to Grok.

Salut!. Talented Latin Americans have been poorly supported by their institutions for decades. Argentinians are reforming and liberalizing their society using Ethereum infrastructure, and they will revolutionize Latin America in the process. Vires in Numeris 🌐.

"I think every system has a tendency towards centralization, and that's the natural progression of things. So, unless you actively push back against it, you end up in a state where you don't want to be.". Great talk from a great Ethereum contributor, thanks @peter_szilagyi 🌐.

RT @ethereumJoseph: The transition from analog to digital trust is well underway. Digital trust, available globally as Trustware, will serv….

Verifiable and private compute will be load bearing technologies and the social norms which emerge from them will be a wonder to watch evolve. The work being spearheaded in Ethereum is important for modern civilization. Do not shy away from Ethereum, the digital institution.

Here you see the Texas grid's evolution in output over the last 6 years. Texas is and will remain the energy capital of the world.

Texas leads the United States in renewable energy generation and is advancing its battery capacity. This is the result of pairing market-based grid governance with an enterprising energy industry.

Finally, a quote I found interesting:. "Digital currencies (or cryptocurrencies) exist to govern the digital commons, whereas fiat currencies exist to govern the physical commons.". Cyber space as a distinct realm is being acknowledged and taken seriously. Onward!.

Fidelity captured the ways in which core features of monetary design correlate between crypto and fiat monetary systems.

Fidelity acknowledged the accessibility crypto provides to its economy. Implicit in this acknowledgement is the friction banking systems have in providing access, capital controls being just one of them.

Fidelity accented the value in having a diversified economy. A diversified economy is an economy which is resistant to industry specific shocks. The Resource Curse is an example of this risk in national economies.

Fidelity refuted of a common critique against crypto as currency. Also useful to note that using crypto as currency is a technical integration problem with solutions that are well funded and underway. See @ready_co as an example.

Fidelity drew parallels between the crypto and fiat monetary designs. Validator set composition was given a cursory acknowledgement in how a blockchain derives security.

Here's the report, 13 pages, a straight forward addition to your reading diet. Below are some excerpts worth highlighting.

The Fidelity Ethereum report, "Blockchains As Emerging Economies", is an earnest attempt by an established financial institution to understand Ethereum as a national economy. This is the proper frame, however tempting or narrowly useful the corporate metaphors are. ↴.

Residential validation in Ethereum is a great source of censorship resistance and liveness. It is also great as a contingency when adversarial forks emerge or custodians exert undue power. The ability to migrate stake away from hostile custodians or data centers is important.

"Everybody wanna be a body builder. Don't nobody wanna lift this HEAVY. ASS. WEIGHT!" - Ronnie Coleman

Ethereum will continue to set the standard on what it means to be a serious digital institution.

. and cryptography is an example of this principle rearing its head through our symbolic systems. Worth a think!.